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Million Dollar Pips (By milliondpips )

Gain : +26241.17%
Drawdown 39.44%
Pips: 5202.2
Trades 4497
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Automated

Million Dollar Pips Discussion

Steve Walker
walker36
Sep 27 2011 at 00:15
1341 posts
I dont see any data feed delay here.

regards
walker

''High Frequency Trading System
High-Frequency Trading or (HFT) basically is a trading method which is based on speed on execution of trading signals. A high frequency trading system can process information in a split second making it quicker than a human can do and this is supposedly an advantage but is it? High frequency Forex trading is the big buzz word and very popular but can it give you a trading edge? Let's look at the logic of this trading method in more detail

High-frequency trading systems look to do a large-scale turnover of positions, with the objective of making small regular profits and the trades are normally always shut within minutes, although some may be allowed to run to the end of the day session.

The systems are based on three different ways of price analysis:

😎They can used to judge and trade investor sentiment. For example, news story comes out or there is an economic number realize. A trading signal can be placed in the market by the algorithm to get the order in, before the vast majority of traders have a chance to respond and then, the system quickly make a profit.

Different Trading Methodologies

HFT Volatility trading systems work on the basis of taking advantage of a relative price movement rather than absolute price movement. The objective is simply to harness volatility, to make money and the overall direction of the trend is not a major consideration.

HFT Arbitrage trading systems look to take advantages of imbalances within related markets and look to take advantage of moves which lead to re adjustment of these discrepancies.

😲Statistical arbitrage is popular with major banks and brokers, where there trading systems trade a wide variety of pairs which are correlated and looking for opportunities to trade them as a group to make profits.''

 

tharaka
Sep 27 2011 at 00:48
10 posts
In FX context ARBITRAGE is selling the price difference in different feeds!! I know this for a fact and if others want to believe otherwise that's their choice :)

In general Finance sense (in terms of definition), yes ARBITRAGE means buying low and selling high (or vice versa)...

And, MDP is not an Arbitrage bot. If it was you'd be better off trading a slow feed and in that case the broker would be losing money all the time!! In contrary, most retail brokers who operate on commission (like ECN or STP) tend to welcome MDP.

Look at Perpperstone, they're aggressively investing on good server location and fast feed and promoting HFT with their clients coz that's a killer money maker for them.

For example, I've my self traded 250lots last week only with HFT and have to say it's made more money to the Liquidity provider and Broker than for me... But, you've got to pay the spread.. no way out of that..

Antny (fughe)
Sep 27 2011 at 01:17
724 posts

   walker36 posted:
   I dont see any data feed delay here.

regards
walker

''High Frequency Trading System
High-Frequency Trading or (HFT) basically is a trading method which is based on speed on execution of trading signals. A high frequency trading system can process information in a split second making it quicker than a human can do and this is supposedly an advantage but is it? High frequency Forex trading is the big buzz word and very popular but can it give you a trading edge? Let's look at the logic of this trading method in more detail

High-frequency trading systems look to do a large-scale turnover of positions, with the objective of making small regular profits and the trades are normally always shut within minutes, although some may be allowed to run to the end of the day session.

The systems are based on three different ways of price analysis:

😎They can used to judge and trade investor sentiment. For example, news story comes out or there is an economic number realize. A trading signal can be placed in the market by the algorithm to get the order in, before the vast majority of traders have a chance to respond and then, the system quickly make a profit.

Different Trading Methodologies

HFT Volatility trading systems work on the basis of taking advantage of a relative price movement rather than absolute price movement. The objective is simply to harness volatility, to make money and the overall direction of the trend is not a major consideration.

HFT Arbitrage trading systems look to take advantages of imbalances within related markets and look to take advantage of moves which lead to re adjustment of these discrepancies.

😲Statistical arbitrage is popular with major banks and brokers, where there trading systems trade a wide variety of pairs which are correlated and looking for opportunities to trade them as a group to make profits.''


You know what? It went right over your head. You completely missed it. You are so completely determined to be right that you can't think outside your box.

HFT arbitrage takes advantage of the differences in price feeds from the major sources. This causes the re-balancing of the price between the sources. The arbitrage that is being referred to in this forum discussion is NOT HFT arbitrage. They have been seeking the speed of execution of different brokers to be able to take advantage of the different prices. If the speed of execution was unimportant, then it would be standard HFT-type arbitrage. It isn't. From what I have read, the search is for the fastest and slowest brokers. So it is mt4-style arbitrage which is the difference caused by a slow and fast brokerage. Yes, it is still buying low and selling high, or selling high and buying low.....as are all intended transaction in forex. I am trying to point this stuff out so it doesn't confuse people. Stop trying to enforce your need to be right. Just accept the fact that we are explaining the same thing in different ways.

Make losses, but always come out a winner at the end.
Steve Walker
walker36
Sep 27 2011 at 01:23
1341 posts
I guess you have to take your head out of the box. can you please tell me price of EURO if you dont mind?

walker



   fughe posted:
   

   walker36 posted:
   I dont see any data feed delay here.

regards
walker

''High Frequency Trading System
High-Frequency Trading or (HFT) basically is a trading method which is based on speed on execution of trading signals. A high frequency trading system can process information in a split second making it quicker than a human can do and this is supposedly an advantage but is it? High frequency Forex trading is the big buzz word and very popular but can it give you a trading edge? Let's look at the logic of this trading method in more detail

High-frequency trading systems look to do a large-scale turnover of positions, with the objective of making small regular profits and the trades are normally always shut within minutes, although some may be allowed to run to the end of the day session.

The systems are based on three different ways of price analysis:

😎They can used to judge and trade investor sentiment. For example, news story comes out or there is an economic number realize. A trading signal can be placed in the market by the algorithm to get the order in, before the vast majority of traders have a chance to respond and then, the system quickly make a profit.

Different Trading Methodologies

HFT Volatility trading systems work on the basis of taking advantage of a relative price movement rather than absolute price movement. The objective is simply to harness volatility, to make money and the overall direction of the trend is not a major consideration.

HFT Arbitrage trading systems look to take advantages of imbalances within related markets and look to take advantage of moves which lead to re adjustment of these discrepancies.

😲Statistical arbitrage is popular with major banks and brokers, where there trading systems trade a wide variety of pairs which are correlated and looking for opportunities to trade them as a group to make profits.''


You know what? It went right over your head. You completely missed it. You are so completely determined to be right that you can't think outside your box.

HFT arbitrage takes advantage of the differences in price feeds from the major sources. This causes the re-balancing of the price between the sources. The arbitrage that is being referred to in this forum discussion is NOT HFT arbitrage. They have been seeking the speed of execution of different brokers to be able to take advantage of the different prices. If the speed of execution was unimportant, then it would be standard HFT-type arbitrage. It isn't. From what I have read, the search is for the fastest and slowest brokers. So it is mt4-style arbitrage which is the difference caused by a slow and fast brokerage. Yes, it is still buying low and selling high, or selling high and buying low.....as are all intended transaction in forex. I am trying to point this stuff out so it doesn't confuse people. Stop trying to enforce your need to be right. Just accept the fact that we are explaining the same thing in different ways.

csa1234
Sep 27 2011 at 01:51
35 posts
And again, i really need some help here, MDP support is not answering, it have been 1 week now since i sent them an e-mail. This is the error message im getting for the EURUSD, USDJPY and GBPUSD:

2011.09.26 17:22:07 MillionDollarPipsGBPUSD_1.2.0 GBPUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:20 MillionDollarPipsUSDJPY_1.2.0 USDJPY,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9

I frankly dont know what to do. Im running this on a faster VPS with only 16ms to my Thinkforex LIVE account.

Any clues?

MAX BARS IN HISTORY: 2147483647
MAX BARS IN CHART: 2147483647

Steve Walker
walker36
Sep 27 2011 at 01:57
1341 posts


HIDE ALL OTHER SYMBOLS AT THE MARKET WATCH EXCEPT the ones you are trading with.
MAX BARS IN HISTORY: 1000
MAX BARS IN CHART: 1000
you are killing your system resources


Right Click On the chart and refresh it.

this may help



   csa1234 posted:
   And again, i really need some help here, MDP support is not answering, it have been 1 week now since i sent them an e-mail. This is the error message im getting for the EURUSD, USDJPY and GBPUSD:

2011.09.26 17:22:07 MillionDollarPipsGBPUSD_1.2.0 GBPUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:20 MillionDollarPipsUSDJPY_1.2.0 USDJPY,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9

I frankly dont know what to do. Im running this on a faster VPS with only 16ms to my Thinkforex LIVE account.

Any clues?

MAX BARS IN HISTORY: 2147483647
MAX BARS IN CHART: 2147483647

Antny (fughe)
Sep 27 2011 at 02:05
724 posts

   csa1234 posted:
   And again, i really need some help here, MDP support is not answering, it have been 1 week now since i sent them an e-mail. This is the error message im getting for the EURUSD, USDJPY and GBPUSD:

2011.09.26 17:22:07 MillionDollarPipsGBPUSD_1.2.0 GBPUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:20 MillionDollarPipsUSDJPY_1.2.0 USDJPY,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9

I frankly dont know what to do. Im running this on a faster VPS with only 16ms to my Thinkforex LIVE account.

Any clues?

MAX BARS IN HISTORY: 2147483647
MAX BARS IN CHART: 2147483647


I would implement all the changes recommend by Steve Walker. Although I would probably keep the history at 5000. On a 1 minute chart that is about 3.5 days of history. You may also consider opening up the history center and downloading the history for the one minute on those pairs. It is not that good of quality, but you obviously have history errors as it is. It may be enough to repair the gaps. If that doesn't work. Then you are looking at un-installing and re-installing mt4 again.

Make losses, but always come out a winner at the end.
Steve Walker
walker36
Sep 27 2011 at 02:10
1341 posts
reinstall make no sense. this is broker or connection issue. but downloading history is ok. refreshing is the short cut of downloading history. result the same.

BTW I dont recommend running 3 paris of MDP on the same platform and same account at least same serer proxy, if so.

walker.


   fughe posted:
   

   csa1234 posted:
   And again, i really need some help here, MDP support is not answering, it have been 1 week now since i sent them an e-mail. This is the error message im getting for the EURUSD, USDJPY and GBPUSD:

2011.09.26 17:22:07 MillionDollarPipsGBPUSD_1.2.0 GBPUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:20 MillionDollarPipsUSDJPY_1.2.0 USDJPY,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9

I frankly dont know what to do. Im running this on a faster VPS with only 16ms to my Thinkforex LIVE account.

Any clues?

MAX BARS IN HISTORY: 2147483647
MAX BARS IN CHART: 2147483647


I would implement all the changes recommend by Steve Walker. Although I would probably keep the history at 5000. On a 1 minute chart that is about 3.5 days of history. You may also consider opening up the history center and downloading the history for the one minute on those pairs. It is not that good of quality, but you obviously have history errors as it is. It may be enough to repair the gaps. If that doesn't work. Then you are looking at un-installing and re-installing mt4 again.

Antny (fughe)
Sep 27 2011 at 02:26
724 posts
Re-installing makes perfect sense but only if you put thought into it. It is a complete re-initialization of the history. That is why, I suggest this as a last resort if downloading the history doesn't work.

Make losses, but always come out a winner at the end.
Antny (fughe)
Sep 27 2011 at 02:31
724 posts
I concur that it is a bad idea to run all three pairs in the same mt4 install. It has been noted previously that the pairs often trade at the same time. MT4 is not capable of multi-threaded order processing so you will have conflicts between the EAs. Simplest solution is to just install your mt4 in multiple folders...for instance when you install the second, add '#2' to the end of the name of the install folder. Makes it easy to keep track of. Further, I recommend changing the magic numbers of the EAs to separate numbers. It shouldn't interfere if they are the same, but it will reduce the chance of conflicts.

Make losses, but always come out a winner at the end.
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