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Million Dollar Pips (By milliondpips)
| Gain : | +26241.17% |
| Drawdown | 39.44% |
| Pips: | 5202.2 |
| Trades | 4497 |
| Won: |
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| Lost: |
|
| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Automated |
Million Dollar Pips Discussion
Member Since Jul 04, 2011
27 posts
Mar 27, 2012 at 16:58
Something is definitely up with this EA -or- this kind of negative run just happens. Which one is it? I made almost 350 pips last month. I am negative this month. Is this worth sitting through or should we all run away as fast as we can?
forex_trader_63868
Member Since Jan 31, 2012
56 posts
Mar 27, 2012 at 17:05
greglegrande posted:
Something is definitely up with this EA -or- this kind of negative run just happens. Which one is it? I made almost 350 pips last month. I am negative this month. Is this worth sitting through or should we all run away as fast as we can?
This month market less volatility. Others scalping EA beside MDP didn't make good profit as well. So be patient.
forex_trader_63868
Member Since Jan 31, 2012
56 posts
Mar 27, 2012 at 17:10
(edited Mar 27, 2012 at 17:14)
Is there anyone using MDP with more than 10 lots per trade? If so, do you experiencing any big dd? Heard somewhere that Scalping EA which trade more than 10lots per trade in MT4 is dangerous and risky. Please advise.
Member Since Aug 16, 2010
450 posts
Mar 27, 2012 at 19:23
If you trade 100k account 10 lots per position sounds just alright. Depending on broker, slippage can be a real issue though.
Was mich nicht umbringt, macht mich stärker.
forex_trader_63868
Member Since Jan 31, 2012
56 posts
Mar 29, 2012 at 06:16
mistificator posted:
If you trade 100k account 10 lots per position sounds just alright. Depending on broker, slippage can be a real issue though.
Thanks Misty, Is there any different like latency, slippage etc, between buying 1lots and 10lots with a same broker? I heard that Serious Investor or Trader with huge capital they don't use MT4 for their trading.. I'm not sure if I'm right.
Member Since Aug 16, 2010
450 posts
Mar 29, 2012 at 08:13
Actually things change a bit, traditionally yes, MT4 was a realm of minilot traders, but I know some big boys trading with it. The difference on real ECN broker would be extra slippage on 10 lots, on market maker or pretender ecn can be requote, off quote, or very slow fill with again slippage.
Was mich nicht umbringt, macht mich stärker.
Mar 29, 2012 at 08:24
the problem exists with many of these multi bank feed places as most of the small banks on their network are only good up to 5 lots, then less up to 10 lots.... the higher the lot size the less banks that will accept the fill making slippage higher etc.
DEMO doesn't count - go live or go home - ?a_aid=112256
forex_trader_63868
Member Since Jan 31, 2012
56 posts
Mar 29, 2012 at 13:12
smithfx1 posted:
The last weeks are pretty quiet about MDP... Overall performance is still not bad, but we need some big profit trades 😇
Anybody know a good scalping EA or EA's like MDP?
Ya, there are two.. but.. one is facing the guardian issue, another one is the price is ridiculous high! Here is the link u can check it out
http://www.myfxbook.com/community/trading-systems/numberone-impulsive-scalper/232951,25#?pt=2&p=27&o=232951
http://www.myfxbook.com/community/trading-systems/nmi-super-scalper/220967,1#?pt=2&p=12&o=220967
Member Since Aug 16, 2010
450 posts
Mar 30, 2012 at 11:07
Standard settings. It isn't about the settings, it's about the market. EURUSD behaves totally different now that it was 6 months ago.
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 15, 2011
117 posts
Mar 30, 2012 at 16:30
I just started testing the old version 1.16 in demo now. It already had a slightly positive trade last night, where v 1.2 had no trade. Maybe version 1.16 is better suited for the calmer market-condition now. But nothing from the developer, we have to figure this out ourselves (or give up MDP). 😞
Fred
Fred
Member Since Aug 16, 2010
450 posts
Mar 30, 2012 at 16:42
I had some small trades on 1.2 set up more aggressively with small lots. Pretty much 1.1.6 is bit more aggressive, you can do same with 1.2 if you up your channels from 0-1 to 2-3 for example.
Was mich nicht umbringt, macht mich stärker.
Member Since Dec 15, 2010
784 posts
Mar 30, 2012 at 18:02
mistificator posted:
I had some small trades on 1.2 set up more aggressively with small lots. Pretty much 1.1.6 is bit more aggressive, you can do same with 1.2 if you up your channels from 0-1 to 2-3 for example.
My account is setup on version 1.1.6 see my chart or my web site.
Garry
Click on my Name to see My Live Charts and Bio.
