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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
Nov 29 2011 at 11:04
1341 posts
do you think copying other peoples strategies and work from its original code good idea. MDP can work or not. but copying its algo from its original code is not good idea. just respect others people work and spendings eıther money or time for creating the system.

do you like the same happened to you?


   mazavar posted:
   MDP problem can be solved.
I have found MDP complete strategy. I want write its EA by myself. MDP ea needs to connect its serever to verify license and this make a traffic. but if u write its ea u would'nt have such a problem.
Antny (fughe)
Nov 29 2011 at 11:11
724 posts
The way I see it, if he owns a copy there is nothing wrong with looking at the code....as long as he isn't selling it to other people, or giving it to people who don't own it already.
Make losses, but always come out a winner at the end.
Dar Verer (mistificator)
Nov 29 2011 at 11:14
453 posts
and there is nothing illegal or unethical to reverse engineer the algorithm without disassembling the actual code, just by looking at the results of its work. If this algo is not patented (I bet it isn't) then it would be perfectly legal to sell it too.
Was mich nicht umbringt, macht mich stärker.
Dar Verer (mistificator)
Nov 29 2011 at 11:17
453 posts
ps that being said, I am myself fine with the product as it is, however I would want to have a version for FIX protocol to trade with an institutional access, and I would like a small configuration twist to be had. I think I will contact William to see if he can produce at least a private version with a tweak I want for some extra dough.
Was mich nicht umbringt, macht mich stärker.
Steve Walker
walker36
Nov 29 2011 at 11:17
1341 posts
he is telling to code a copy of it without verification. it is enough difficoult while code has a DLL extension but even if he is trying to do it, he can do it without publishing it here. and the logic is not secret MDP is using BBands.

just respect others work!!

walker
Steve Walker
walker36
Nov 29 2011 at 11:18
1341 posts
thats a good way.




   mistificator posted:
   ps that being said, I am myself fine with the product as it is, however I would want to have a version for FIX protocol to trade with an institutional access, and I would like a small configuration twist to be had. I think I will contact William to see if he can produce at least a private version with a tweak I want for some extra dough.
Antny (fughe)
Nov 29 2011 at 11:31
724 posts
Personally, i think it is too bad that people are so untrustworthy that there is a need to do all sorts of encryption and protection to keep people from stealing it. I would much rather MDP could be distributed as the raw mql4 file and people would put it in their folder and mt4 would compile it for them.....without the author needing to worry about people stealing it and not paying for it, or worse, calling it a different name and selling it as their own work.
Make losses, but always come out a winner at the end.
Steve Walker
walker36
Nov 29 2011 at 11:42
1341 posts
perfect world. there is nothing like that.

dont know if you are coder or not but can you imagine how long and how much does it cost to create a system. it can be profitable or not. ( I am not mentioning the sick brain cheaters )

Mr William has create a system and a bunch of traders are here using to make money. at the end of the day it can be profitable or not.

it depends on you to buy it or not. nobodys are forcing anybody to buy it. but when using it just respect others work.

if you have an idea you can contact the creator and if the idea is good I am sure creator will use it.

walker



   fughe posted:
   Personally, i think it is too bad that people are so untrustworthy that there is a need to do all sorts of encryption and protection to keep people from stealing it. I would much rather MDP could be distributed as the raw mql4 file and people would put it in their folder and mt4 would compile it for them.....without the author needing to worry about people stealing it and not paying for it, or worse, calling it a different name and selling it as their own work.
Antny (fughe)
Nov 29 2011 at 12:17
724 posts

   walker36 posted:
   perfect world. there is nothing like that.

dont know if you are coder or not but can you imagine how long and how much does it cost to create a system. it can be profitable or not. ( I am not mentioning the sick brain cheaters )

Mr William has create a system and a bunch of traders are here using to make money. at the end of the day it can be profitable or not.

it depends on you to buy it or not. nobodys are forcing anybody to buy it. but when using it just respect others work.

if you have an idea you can contact the creator and if the idea is good I am sure creator will use it.

walker

I am in the learning process of becoming a coder. It is not easy when you know nothing about it.
Make losses, but always come out a winner at the end.
JoeDorman
Nov 29 2011 at 13:46
26 posts
Hello,

I heard that there are some EAs on the market, which are sponsored by brokers.
I ask me why. If MDP a sponsored EA?
Therefore I understand, that this EA have for most persons not good live results.
If the win small, no problems, but its bigger, the problems start.

I think maybe MT4 have a backdoor maybe as an automated loader for plugins.
With an anti-user-profit-plugin can the broker analize what we do on our machines an can create an anti profit part, specally for every user. Against every user strategy. The server know what type of fool you need to kill your profit.
Maybe::
Sometime the server say to your MT4, make a new login and the try to login after 15 seconds. Or say for the next 10 seconds be slow by get prices, and so on..., and the user cant sell or buy his profitable trades for a while.
Most users have not a problem, while they are not in profit or not will realize his profit at this time.
And then the user which loke to realize his profit, and bang...
No luck, damned... Ask another, hehe it seems I am the only one who have no luck at this time. You never can say the broker fails or MT4 is not ok. You think, its your system, windows, whatever.

What can we do. We can to check what are facts and make statistics about the trading with our brokers. Than we can see who seems to fool us, and who plays fair.

We can hope, to find a fair broker, but it seems, that is not possible for mt4 platforms.
Who of you mean, he has a fair broker?
And who of you not?

What you think, all the ECN and or STPorders goes to the market?
No, the most orders goes only in brokers orderbook.
Its the same as a dialingdesk, but an another type.

I think that is in the absolute near of the truth. We should not ignore the facts, and theese we get every day by our trading.
Who of you lost his account, because he has a profitable strategie and the broker have to pay?
I am shure there are some.
You can be lucky you get your money and a small part of win to your bank account.

What you think about what I say to you ???

Joe
Wir schlage den ForexMillioaer
Steve Walker
walker36
Nov 29 2011 at 13:52
1341 posts
Joe

MT4 has some error codes inside against the HFT and Arbitrage. due MT4 is not catching %100 ticks. on the top of that 'VDP' on broker side is doing quite well for

suspending
delaying orders

or stop limit hunting.

walker
Benjamin Nathan
benbakhsh
Nov 29 2011 at 14:03
73 posts

   JoeDorman posted:
   Hello,

I heard that there are some EAs on the market, which are sponsored by brokers.
I ask me why. If MDP a sponsored EA?
Therefore I understand, that this EA have for most persons not good live results.
If the win small, no problems, but its bigger, the problems start.

I think maybe MT4 have a backdoor maybe as an automated loader for plugins.
With an anti-user-profit-plugin can the broker analize what we do on our machines an can create an anti profit part, specally for every user. Against every user strategy. The server know what type of fool you need to kill your profit.
Maybe::
Sometime the server say to your MT4, make a new login and the try to login after 15 seconds. Or say for the next 10 seconds be slow by get prices, and so on..., and the user cant sell or buy his profitable trades for a while.
Most users have not a problem, while they are not in profit or not will realize his profit at this time.
And then the user which loke to realize his profit, and bang...
No luck, damned... Ask another, hehe it seems I am the only one who have no luck at this time. You never can say the broker fails or MT4 is not ok. You think, its your system, windows, whatever.

What can we do. We can to check what are facts and make statistics about the trading with our brokers. Than we can see who seems to fool us, and who plays fair.

We can hope, to find a fair broker, but it seems, that is not possible for mt4 platforms.
Who of you mean, he has a fair broker?
And who of you not?

What you think, all the ECN and or STPorders goes to the market?
No, the most orders goes only in brokers orderbook.
Its the same as a dialingdesk, but an another type.

I think that is in the absolute near of the truth. We should not ignore the facts, and theese we get every day by our trading.
Who of you lost his account, because he has a profitable strategie and the broker have to pay?
I am shure there are some.
You can be lucky you get your money and a small part of win to your bank account.

What you think about what I say to you ???

Joe

Joe. Yes MDP will be linked to brokers, you will notice that if you click on one of the reccomended brokers on their website the link will read something like www.hotforex.com/mdp...
So if we join from these links then basically like an IB MDP would just get a bonus in terms of 1 pips from the broker for each trade placed (as an example).
JoeDorman
Nov 29 2011 at 14:07
26 posts
Yes @walker,

it seems I smell most brokers are criminals.
Would they transfer our orders to the interbank market, they not need to fool us.
But I am shure we have a new type of a new dialingdesk for ECN and ECN/STP.
A very clever system to check how we trade, what they need to fool us automated.
We never can win by short distance trading.
Its same as a mafia clan I think.

Unhappy
Joe

All updates have inside more fools against us.
Also we should trade with the oldest MT4 version, we can find.
Wir schlage den ForexMillioaer
Steve Walker
walker36
Nov 29 2011 at 14:14
1341 posts
MT4 is not designed for ECN or STP. it is DD platform. what ever you do there is a defend mechanism at the broker side. what I advise is when you start working with broker secure that you can get the broker server logs when needed.
JoeDorman
Nov 29 2011 at 14:17
26 posts
@Ben
whow,
at first we pay for this EA and then we loose whitit.
Also we pay that we loose 😁

Joe
Wir schlage den ForexMillioaer
JoeDorman
Nov 29 2011 at 14:19
26 posts

   walker36 posted:
   MT4 is not designed for ECN or STP. it is DD platform. what ever you do there is a defend mechanism at the broker side. what I advise is when you start working with broker secure that you can get the broker server logs when needed.


How I can get the brokers server logs ?

Joe
Wir schlage den ForexMillioaer
Steve Walker
walker36
Nov 29 2011 at 14:22
1341 posts
as MT4 is recording all activities also brokers has all activities logs for server. when you have a issue you can ask from broker for the server logs for your trades. normally they should supply that information for the clients. when starting with a broker secure that you can get that info when you ask for. they usually say that they dont keep logs but THEY DO!!

JoeDorman
Nov 29 2011 at 14:34
26 posts
Hmm, but this part of log maybe we can see, will not show fools action or something in this direction.

Steve, you are programmer?
I need a part of code, that can read the logins, i have had for a day or hour for a statistic.
And an another part, that can report, the spread as the time before and after my buys and sells.
I like to know, what type of fool is working against me.
Can you help?

Joe
Wir schlage den ForexMillioaer
Benjamin Nathan
benbakhsh
Nov 29 2011 at 14:42
73 posts

   JoeDorman posted:
   @Ben
whow,
at first we pay for this EA and then we loose whitit.
Also we pay that we loose 😁

Joe

I guess it depends what the deal is MDP has with the brokers it reccommends... could be a deposit bonus, 1 pip per trade taken, or even commission %... if its a pip i would think it gets added to the spread, which is why MDP reccomends using the smallest spread possible. Having said that this is all speculation, although id bet money that MDP does make money from broker referrals because if you click the links from the MDP site you can see that they are linked by the address bar....

(I just get round this by going into their sites fresh, i.e with thinkforex i didnt use the link on the MDP site, i went direct to their web address).

A broker wont go out of their way to destroy us - the longer we last and the more we make, the more they make so why would they set up silly rules to make us blow our accounts?

Steve Walker
walker36
Nov 29 2011 at 14:49
1341 posts
yer I am coder and programmer but I am really busy these days for my new EA. use the attached indicator for recording your spread.

have fun.

walker


   JoeDorman posted:
   Hmm, but this part of log maybe we can see, will not show fools action or something in this direction.

Steve, you are programmer?
I need a part of code, that can read the logins, i have had for a day or hour for a statistic.
And an another part, that can report, the spread as the time before and after my buys and sells.
I like to know, what type of fool is working against me.
Can you help?

Joe
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