Million Dollar Pips EURUSD (By birt)

Gain : +536.55%
Drawdown 48.38%
Pips: 3970.7
Trades 2907
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

Million Dollar Pips EURUSD Discussion

Aug 07, 2011 at 13:26
10,608 Views
72 Replies
Member Since Oct 26, 2011   2 posts
Nov 21, 2011 at 08:58
Hi Birt,
Thank you for your website, it is really useful.

I have started using MDP, can I ask what your settings are?

Alex
Member Since Aug 26, 2009   166 posts
Nov 21, 2011 at 12:25 (edited Nov 21, 2011 at 12:25)
My settings are described at https://eareview.net/live-forward-test/million-dollar-pips

However, I would not recommend using these settings yourself because keeping stop orders enabled would probably be more beneficial in your case. You're likely better off with the defaults.
Member Since Jun 18, 2011   52 posts
Dec 08, 2011 at 03:51
If your MM broker doesn't do anything to stop you, you really will have a million dollars by next year. Is your relationship with them such that they will send you a courtesy email before they start limiting your account? Things could get interesting, one way or another.
Member Since Apr 28, 2011   116 posts
Dec 08, 2011 at 12:56
can you verified your account (Track Record Verified + Trading Privileges Verified ) ?thk
Member Since Aug 26, 2009   166 posts
Dec 11, 2011 at 20:35
SmoothHedge: I strongly doubt it's going to do that well.

Andie Liu: unfortunately, I can't. Myfxbook does not support any kind of verification for brokers that are not in their database (which is the case of PrivateFX) and they are (understandably) not willing to add brokers that are not open to the public. This is a very big inconvenience for me, seeing that I pretty much cannot upload any backtests here.
Member Since Apr 28, 2011   116 posts
Dec 12, 2011 at 02:43 (edited Dec 12, 2011 at 02:44)

 unfortunately, I can't. Myfxbook does not support any kind of verification for brokers that are not in their database (which is the case of PrivateFX) and they are (understandably) not willing to add brokers that are not open to the public. This is a very big inconvenience for me, seeing that I pretty much cannot upload any backtests here.

ok ok. so can you withdrawal 10% from your equity to prove that its not demo account.so you dont verified your account its not problem.or give me investor password.
Member Since Jul 22, 2011   3 posts
Dec 12, 2011 at 04:11
Hi birt
I've purchased a copy and set it on an account, its about 3 hours that EA did not any trades, I've used your settings but it seems you encourage to use defaults.

is this any thing wrong or the EA trades specific hours?
Member Since Aug 26, 2009   166 posts
Dec 12, 2011 at 09:16
Andie Liu: I'm not fond of giving investor passwords, but I withdrew and re-deposited $300. I'm not entirely sure why did you even need to know if the account is live or not?

raminzk: That's pretty normal. Please take a look at the history of my account or any other MDP account posted here - you will notice that sometimes it does not trade at all for several days. Anyway, using my settings is a bad idea if you're using an ECN broker.
Member Since Jun 18, 2011   52 posts
Dec 12, 2011 at 14:35

   andieliu posted:
   

 unfortunately, I can't. Myfxbook does not support any kind of verification for brokers that are not in their database (which is the case of PrivateFX) and they are (understandably) not willing to add brokers that are not open to the public. This is a very big inconvenience for me, seeing that I pretty much cannot upload any backtests here.

ok ok. so can you withdrawal 10% from your equity to prove that its not demo account.so you dont verified your account its not problem.or give me investor password.

You are talking to BRIT, the most trusted person in Forex. Geez.
Member Since Aug 26, 2009   166 posts
Dec 12, 2011 at 14:49

   SmoothHedge posted:
 You are talking to BRIT, the most trusted person in Forex. Geez.

Thanks for the appreciation, but the man was right: there was no way to verify it, so I've performed a withdraw and a deposit, no big deal :)

If myfxbook ever adds verification by server IP or adds PrivateFX to their database (which is unlikely since they basically said 'no' when I asked them), I'll be sure to verify all my published accounts and to also upload the backtests I have.
Member Since Apr 28, 2011   116 posts
Dec 12, 2011 at 14:51

   birt posted:
 I'm not fond of giving investor passwords, but I withdrew and re-deposited $300. I'm not entirely sure why did you even need to know if the account is live or not?


ok.clear.there are no problems anymore, because you have prove that it's real.many thank's.my reason why i doubt because at Official forward test its only demo for all account

i have mdp too, my BT and demo its very impressing, but my real account its very bad.i use broker from Australia
Member Since Aug 26, 2009   166 posts
Dec 12, 2011 at 14:53

   andieliu posted:
   i have mdp too, my BT and demo its very impressing, but my real account its very bad.i use broker from Australia

Well, unfortunately, MDP is notorious for performing different from demo to live and across brokers. Some people have positive results but many people have negative results. As for backtests, they're pretty much worthless in the case of this EA.
Member Since Jun 18, 2011   52 posts
Dec 12, 2011 at 15:04
Making this robot work is a full time job, I have dedicated servers and clouds all over the world, I've opened more brokerage accounts than I can count, I've hired programmers to create a version of it that works outside of MT4. I have made tens of thousands of dollars with it, but it is getting more and more difficult.

If you don't already have years of experience in the game, you are going to struggle with this robot.
Member Since Jul 22, 2011   3 posts
Dec 12, 2011 at 20:15
Thanks Birt, It did 2 trades after hours with loss. it seems broker, response times and reqoutes are very important to this robot.
Also I see the robot has made losses for the last two months in your account.

'EngineeredSolutions' in the following link addresses some useful hints when using this robot:

https://forums.babypips.com/expert-advisors-automated-trading/41199-million-dollar-pips-no-trades.html



Member Since Jul 22, 2011   3 posts
Dec 13, 2011 at 06:13
Sorry Birt, I mistakenly saw your last month growth percent -6.49%, but two last maonth were not profitable like pervious months -5.13% and 6.49%
Member Since Aug 26, 2009   166 posts
Dec 13, 2011 at 08:04
Yeah, it was caused by me turning off stop orders. It works way too good with guaranteed stop orders.
Member Since Jun 18, 2011   52 posts
Dec 22, 2011 at 14:31
The broker has definitely put the breaks on your account. Other MM brokers have been doing very well lately. Even the over saturated ECNs made big pips yesterday.

But still, I guess this test does reflect a real world scenario. 😄
Member Since Sep 29, 2010   182 posts
Dec 28, 2011 at 14:36
Can I ask you whats your Avg. Execution Time for mdp? mines 630ms and I'm still profiting
Get Rich or Die Trying
Member Since Aug 26, 2009   166 posts
Dec 29, 2011 at 11:11
It's around 1700 now.
Member Since Jan 14, 2010   449 posts
Dec 30, 2011 at 22:00

   birt posted:
   

   andieliu posted:
   i have mdp too, my BT and demo its very impressing, but my real account its very bad.i use broker from Australia

Well, unfortunately, MDP is notorious for performing different from demo to live and across brokers. Some people have positive results but many people have negative results. As for backtests, they're pretty much worthless in the case of this EA.

Money makes more money $ ... $$$
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