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watch this video. can be interesting

Steve Walker
walker36
Sep 24 2011 at 16:54
1341 posts
Here is virtuilazition for you.

Assume that price moves against for 2000 pip which is most possible if you look at the EURUSD 1Hr chart.
Grid Step is 30 pip.
Lot size 0.01
Total Opened trades will be 66


Risk calculation = 0.01 * 33 * 2000 * 10 = 6600usd

system will risk 6600 usd with 0.01 lot size just to save a single trade.
On the top of that you should calculate the margin call level for the different brokers.
AND if you are lucky swap will be on your side if not you should also calculate that.

if this seems ok for you you can trade grid. Or instead give the money directly to the Broker. this saves time

walker



Steve Walker
walker36
Sep 24 2011 at 17:29
1341 posts
my First review about MDP

I will tell you with which brokers MDP will not work.
FXOPEN
VANTAGE
GOMARKETS
MBT
OANDA
those are for sure.
Fırst 3 slipps no matter what.
FXOPEN sometimes slipps 8 pips on manual order execution at liq. hours.
MBT is then one of the most slower execution has.
OANDA saying they dont use VDP but their order execution is really slow. you can eyeball it no need to count by ms.

there sould be a combination of <800 ms order execution and reasonable slippage. faster order execution does not mean that there will be no slippage. If you read the VDP manual you can understand that.

the main problem is MDP is openning too many orders in a very short period of time and when the price is fast. on the top of that it is modifiying orders and trailing stop chasing after the profit.

when all come togather with more then some hundreds of MDP working with same brokers server it becomes a mess.

so my opininon is using the group orders. and work with most profitable trades option.

MDP BT maens nothing. When BT
- No slippage
- No order Delay
- No VDP
- average tick size is totally different from real data feed even if it is %99 or %200

My opinion is the most important setp for MDp is trailing stop gap! that should be worked on.

I am currently testing it on Pepperstone.

I will share my results here if find a working setup.

walker

Steve Walker
walker36
Sep 24 2011 at 21:59
1341 posts
Patience PAY$$ Off 😇
 

Steve Walker
walker36
Sep 25 2011 at 20:36
1341 posts
I have analysis week3 data and combine all weeks data togather. Result of that are

- decrease order frequency %35
- increase porfitability %4

this is ofcourse good for both side. less order execution will reduce the poss. of accidently loosing and increasing profibility.

walker

Steve Walker
walker36
Sep 25 2011 at 20:42
1341 posts
attached you can find the 3 weeks data I worked on. currently I use a quite complicated excel sheet for analysis. as I mentioned before this can be also automated but not for now.

there are some differencies at the data lines due system improving every week.

walker

Steve Walker
walker36
Sep 25 2011 at 21:03
1341 posts
with new setup I am planning to increase PIP/TRADE from 2.37 to 3.40 including comission. Without comission this will be 2.40 PIP/TRADE and ıt wıll be quite reasonable.

walker


   walker36 posted:
   I have analysis week3 data and combine all weeks data togather. Result of that are

- decrease order frequency %35
- increase porfitability %4

this is ofcourse good for both side. less order execution will reduce the poss. of accidently loosing and increasing profibility.

walker

Steve Walker
walker36
Sep 25 2011 at 23:45
1341 posts
Broker SPREADONE chat conversation Log

read and FUN!!

  System 2:33:21 AM
 
 System is getting started. [Monday, September 26, 2011 2:33:21 AM]
 

  A representative will be connected, please be patient.
  
  

  Yücel enters the chatroom.
  
  

  Yücel 2:33:30 AM
 
 Hello walker, my name is Yücel, how may I help you?
 

  walker 2:33:52 AM
 
 you web page is in german. even .en one?
 

  BTW Hı
  
  

  Yücel 2:34:14 AM
 
 for what do you need our webpage?
 

  walker 2:35:04 AM
 
 for what for I need your page ı would like to offer a pizza lol I wouldlike to see your trading conditions
 

  Yücel 2:35:46 AM
 
 45$ man again I can send you pizza taxi which pizza do you like?
 

  walker 2:35:47 AM
 
 you have language choice eng and ger both are in ger
 

  mashroms and slice tomate please and a coke
  
  

  Yücel 2:36:34 AM
 
 contact us through skype:spreadone if you need anything or if you have any pain
 

  walker 2:37:08 AM
 
 ı will keep this chat log and send it to the company then we will see who have the pain
 

  Yücel 2:37:38 AM
 
 ha ha ha send it to OBAMA ,Kamerun; Merkel and maybe sarkozy
 

  45$ man allways disturb us what is your main pain?
  
  

  walker 2:38:33 AM
 
 I will
 

  thank you
 

Steve Walker
walker36
Sep 26 2011 at 03:04
1341 posts
I am affraid EURUSD will break 1.3400 down!😲

Steve Walker
walker36
Sep 26 2011 at 03:57
1341 posts
guys and gals,

after cheking the average order execution times for 3 weeks ı have found that;
order executıon test we have performed to see the speed of the broker with pending orders are not reflecting or can not be used as spped data. it can only show if broker is very slow or not.

FYI

demo
broker A test result 700 ms || execution average result 1217ms ( > 5000 ms filtered out )
broker B test result 86 ms || execution average result 482ms ( > 5000 ms filtered out )


Steve Walker
walker36
Sep 26 2011 at 11:52
1341 posts
if I would start with 2 of Winsor systems the date I have decided to do, currently I would be LOST!

-%87 in one system

and

-%95 in another.

those systems were very profitable. with Low %DD on that date.

fyi

walker

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