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

Member Since Apr 21, 2012   35 posts
Aug 11, 2014 at 08:55
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
10% month
Member Since Aug 09, 2014   80 posts
Aug 14, 2014 at 18:58
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!
Member Since Jul 15, 2011   131 posts
Aug 20, 2014 at 17:37
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!
Member Since Feb 22, 2011   4862 posts
Aug 21, 2014 at 07:43
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
forex_trader_8565
Member Since Mar 12, 2010   106 posts
Sep 04, 2014 at 03:38
sometime real account would not open the same position as this demo account.
Member Since Aug 26, 2014   25 posts
Sep 04, 2014 at 06:48
Real account, forward testing is the only true measure of a successful EA
Be Relentless
gftcfd
forex_trader_8565
Member Since Mar 12, 2010   106 posts
Sep 04, 2014 at 13:40
it's the real account with about USD5000, and Million dollar pips got about -50% profit in a short time.
Member Since Aug 20, 2011   588 posts
Sep 04, 2014 at 13:47
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 :)
Member Since Feb 09, 2011   320 posts
Sep 04, 2014 at 15:39
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
Member Since Apr 20, 2010   814 posts
Sep 07, 2014 at 06:28
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.
Member Since Jun 15, 2011   76 posts
Nov 19, 2014 at 14:14
i think the latest Metatrader broke the ea..
Member Since Mar 20, 2010   54 posts
Nov 19, 2014 at 17:05 (edited Nov 19, 2014 at 17:07)
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
Member Since Jun 15, 2011   76 posts
Nov 20, 2014 at 00:13
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 :(
Member Since Jun 15, 2011   76 posts
Nov 20, 2014 at 00:14
Does anyone know how to get older versions of MT4 - like the build before 746? That would be appreciated..
Member Since Apr 25, 2014   249 posts
Dec 06, 2014 at 18:23
Hi,
I used this EA in my three accounts in past wherein I lost lot of money and I shut it down, since then the vendor has not replied my e mails and not supported to make it profitable.
Regards,
Help others
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Dec 06, 2014 at 19:45
over rated ea where only a handfull of people have succes with,and btw over dated too
Member Since Jan 27, 2013   447 posts
Dec 06, 2014 at 20:56
dalecam posted:
Does anyone know how to get older versions of MT4 - like the build before 746? That would be appreciated..

Hi,
Here it is, have fun.

Attachments:

Member Since Dec 17, 2014   3 posts
Dec 24, 2014 at 08:03
I'll get in touch with you I need more information
Member Since Jun 15, 2011   76 posts
Dec 25, 2014 at 00:24
hi Ovisun,
Thanks for the Build!
Is there a way to stop it from auto updating once i get it going?
Member Since Jan 27, 2013   447 posts
Dec 25, 2014 at 06:17
dalecam posted:
hi Ovisun,
Thanks for the Build!
Is there a way to stop it from auto updating once i get it going?

Sorry, I don't know, just test it and see if this is autoupdating or not, but I'm not sure if you can use for trading this version anymore.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.