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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

ClassicTrader
fxnew
Jun 29 2014 at 06:30
62 posts
how to follow the system ?
bluemonkeyea.com
Jul 14 2014 at 18:55
423 posts
fxnew posted:
how to follow the system ?

i think it is only for purchase, right?
mohamed akhraibech (simao)
Jul 15 2014 at 06:46
7 posts
yes just for purchase
bluemonkeyea.com
Jul 26 2014 at 09:57
423 posts
Wow, the trackrecord of this EA is magical.
is it real? i know it is a demo account but is the results being manipulated?
TheSmokedAce
Jul 27 2014 at 22:39
67 posts
bluemonkey posted:
Wow, the trackrecord of this EA is magical.
is it real? i know it is a demo account but is the results being manipulated?

tthe results are real... but and here is a huge but... this will not work on a real account as it takes advantage of the demo shortcomings
bluemonkeyea.com
Jul 28 2014 at 07:12
423 posts
bluemonkey posted:
Wow, the trackrecord of this EA is magical.
is it real? i know it is a demo account but is the results being manipulated?

NO MANIPULATION. results are all verified by myfxbook.com

A
Luis Alberto (chinchano_1984)
Aug 11 2014 at 06:48
61 posts
Type: Demo
fail!!!!!!!!!!!!!
😲😲😲😲
nzkiwi
Aug 11 2014 at 08:55
35 posts
Million dollar pips has been around for ages. It works really well on Demo but unfortunately does not work on real accounts. Won't lose you much either . They sell it for about a hundred dollars or so. But you just waste your money. I wish this thread would just dry up and blow away. Nothing to see here move on
Alex (alexlowrisk)
Aug 14 2014 at 18:58
80 posts
When you check strategies as scalping DEMO accounts are useless because the broker execution is very important. It would be different if the trading strategy was for trade length of hours or days.
Be an investor, not a gambler!
profix
Aug 20 2014 at 17:37
131 posts
bluemonkey posted:
bluemonkey posted:
Wow, the trackrecord of this EA is magical.
is it real? i know it is a demo account but is the results being manipulated?

NO MANIPULATION. results are all verified by myfxbook.com

A

Does this make you believe it works on a live account as well? If yes, good luck!
vontogr (togr)
Aug 21 2014 at 07:43
4862 posts
bluemonkey posted:
Wow, the trackrecord of this EA is magical.
is it real? i know it is a demo account but is the results being manipulated?

It is not real, It is trading on demo. So you make a lot of virtual demo money.
It does not work on real account as real accounts behaves differently than demo.
gftcfd
Sep 04 2014 at 03:38
106 posts
sometime real account would not open the same position as this demo account.
The Beach House 3 (TheBeachHouse)
Sep 04 2014 at 06:48
25 posts
Real account, forward testing is the only true measure of a successful EA
gftcfd
Sep 04 2014 at 13:40
106 posts
it's the real account with about USD5000, and Million dollar pips got about -50% profit in a short time.
willgart
Sep 04 2014 at 13:47
588 posts
yep
check your broker execution speed.
specialy during news... most of them suffer issues. its why its never recommended to trade during the news...
oups... MDP is designed to trade during news... bad combination :)
crashev
Sep 04 2014 at 15:39
320 posts
LOL!
First, -50% is not a profit young trader, it's a loss. Lookup profit in dictionary. But it is also pretty fine action.
Second, putting MDP on real money account? You will lose more money during the next
couple years that's for sure, You are not even at the beginning of the road.


gftcfd posted:
it's the real account with about USD5000, and Million dollar pips got about -50% profit in a short time.
Better to lose an oportunity than a money
DoubleTrap (ForexSeeker)
Sep 07 2014 at 06:28
814 posts
How you get the Demo to operate 4 years?
Normally the broker just expire my demo Acc after few months or a month.
The Duration of close can happened within 1 second.
Can classified as Arbitrage EA rite ?

ThinkForex allow this ? Or any other broker allow you scalp within 1 second?
Information is Gold when come to organised.
Dale C (dalecam)
Nov 19 2014 at 14:14
76 posts
i think the latest Metatrader broke the ea..
falcon333
Nov 19 2014 at 17:05
54 posts
Yep, I think you're right.

I'm running one of the longest live MDP accounts and has entered into unprecedented and serious 50% DD since Sept-2014.

It was enjoying over 800% return up till July this year and then it dramatically sunk in the last three months down to 367%:



https://www.myfxbook.com/members/falcon333/million-dollar-pips/1079422

I just turned this account off.

Attachments:

“Ah, but a man's reach should exceed his grasp, or what's a heaven for?” Robert Browning
Dale C (dalecam)
Nov 20 2014 at 00:13
76 posts
I actually ment that if your server or MT4 terminal reboots, and it gets the latest version from MT4 (build 746) i think it is, the EA no longer validates :(
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