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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

crashev
Oct 31 2011 at 13:55
320 posts
There seems to be another spike today.
I did not have any trades as it seems that my broker blocked me:



2011.10.31 06:21:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 90: Number of subsequently repeated orders reached limit (5)
2011.10.31 06:21:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 90: WARN following error blocked our last trading command (REQUOTING + REPEATING) : invalid stops
2011.10.31 06:21:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 90: WARN following error blocked our last trading command (REQUOTING + REPEATING) : invalid stops
2011.10.31 06:21:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 90: WARN following error blocked our last trading command (REQUOTING + REPEATING) : invalid stops
2011.10.31 06:21:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 90: WARN following error blocked our last trading command (REQUOTING + REPEATING) : invalid stops
2011.10.31 06:21:02 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 90: WARN following error blocked our last trading command (REQUOTING + REPEATING) : invalid stops
2011.10.31 06:21:02 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 90:8,1: WARN Unable to create SELLSTOP price:1.40249 SL:1.40369 TP:1.40118

Anyone knows what does it exactly mean? Or how to prove its brokers fault ?

Better to lose an oportunity than a money
Dar Verer (mistificator)
Oct 31 2011 at 15:21
453 posts
Price moved back faster than broker could place stop orders. I.e. slow execution.

Was mich nicht umbringt, macht mich stärker.
jsintl
Oct 31 2011 at 15:54
155 posts

   mistificator posted:
   Price moved back faster than broker could place stop orders. I.e. slow execution.


Do we have to look for another broker that has fast execution? Can we ask the broker how fast is
their execution? I'm quite not certain on how to find this execution time.

Tks in advance.

DanielNWA Trading (Danielnwa)
Oct 31 2011 at 19:42
90 posts

   jsintl posted:
   

   mistificator posted:
   Price moved back faster than broker could place stop orders. I.e. slow execution.


Do we have to look for another broker that has fast execution? Can we ask the broker how fast is
their execution? I'm quite not certain on how to find this execution time.

Tks in advance.


If you already have an account with the broker just let Million Dollar Pips make one round of trades (you can use the lowest risk possible for that; 0.01) and afterwards you can see the execution time displayed on your chart.

If you are looking for a new broker, you can just ask them what their average execution time is. You will most likely get an honest answer. But keep in mind that the execution time when trading with Million Dollar Pips will likely be substantially higher!!

As a reference point, if a broker's average execution time is under 300ms, then that's excellent. 300ms - 500ms is more usual and still very good.

I hope this helps.

Jud.

Don't work hard, work smart.
Cinar (mcymcy)
Oct 31 2011 at 19:47
270 posts
The execution time speeds are not the same in normal market conditions and volality conditions. In volatile market conditions the ex. time speeds become more...And MDP can only work in volality conditions so it's very difficult to get MDP's maximum performance. It's a sweet dream...:)

DanielNWA Trading (Danielnwa)
Oct 31 2011 at 19:49
90 posts
I don't mean to spam you guys, but I just thought that since I'm already here I'd let you know that we just made one of our money management accounts available on RentASignal. They seem to be really good, all of our >250 trades so far with them have been executed to perfection!

We just finished our first month on there, and we had an equity growth of close to 50%. Feel free to check it out; https://rentasignal.com/signal/view/35638

Anyway, I don't mean to be spammy, I just though that since you guys are all into making money, this might tingle your interest=)

Jud.

Don't work hard, work smart.
Dar Verer (mistificator)
Oct 31 2011 at 20:07
453 posts
This has nothing to do with volatile markets or MDP trading, it is simply that MDP shows average execution time for the whole bunch of trades. Try to test in parallel several platforms with max orders set to 8 another to 2-3 and another to 1 and see how big difference will be.


   mcymcy posted:
   The execution time speeds are not the same in normal market conditions and volality conditions. In volatile market conditions the ex. time speeds become more...And MDP can only work in volality conditions so it's very difficult to get MDP's maximum performance. It's a sweet dream...:)

Was mich nicht umbringt, macht mich stärker.
Nick Forex (FOREX_MAKEMONEY)
Nov 01 2011 at 01:10
18 posts

   leerees posted:
   This professor53 VPS thing is the biggest lol I have ever seen. The accounts on his server are all doing worse than most vps's. All he is doing is creating extra accounts on his VPS's VPS and selling them as 'private servers' LOL Ask him for the ip address of your 'private server' and perform a traceroute, I bet it'll come back to a well known VPS.

here is my account,

https://www.myfxbook.com/members/leerees/live-strategy-testing/141252

look from sep11 onwards, it was at this point that I started counter trading MDP with slug16.

Judging by all the wins you'd think I have some mega VPS, no my execution time is >1 sec and my ping is 500ms. Mass trades are always grouped together so the guy with 300ms will get the same fills as the guy with 500ms, there is no advantage. The broker knows when the MDP trades are all coming and hiding your comments field does absolutely nothing to stop them recognising them. This is a throwback from the old days when humans intercepted trades, now days all brokers use virtual dealer as it's faster.

All professor53 is selling you is a dream. The real problem here is a lack of liquidity, no matter which broker you use this will always be the case, even on ECN's. If liquidity isn't there price will move up and mdp gets stopped out.

You don't believe me yet, but you will because it's only a matter of time before the EUR/USD gaps and MDP will try to trade it thinking it's a high force move, this is where your whole account will get wiped out. Also because it's a gap there is no way for your broker to apply a margin call, meaning once the move is over you'll end up with a negative balance, you will OWE your broker money!


Leeres, I did a google on slug16 and could not find this bot, could you please post the link to this bot?

Repetition = better results = success
oldchartreader
Nov 01 2011 at 03:00
36 posts

   crashev posted:
   leerees: No risk no fun.

Professor53 is just a spammer trying to make money on lazy or naive people.

btw. What is slug16 ?

Really. I am one of his customers and I am not lazy or naive. I have developed many expert advisors and indicators and so has he. He is more of a programmer and I am the trader. I use him for reasons you probably won't understand. I believe this is the second time I have had to post responses to your attacks against someone. Currently, I have developed a Tick Ratio Indicator that I am testing to create a spike trading system much like MDP. I know exactly what I am doing. Furthermore, I spend many years with Merrill Lynch as an advisor and technical analyst and have in excess of 50 years of experience in financial markets. I am 65 years old and started charting stocks (it was called graphing then) when I was only 8 years old. If you want to attack people I suggest you do your homework and get the facts and not make unfounded assertions.

johnplayer
Nov 01 2011 at 08:58
34 posts

   leerees posted:

here is my account,

https://www.myfxbook.com/members/leerees/live-strategy-testing/141252

look from sep11 onwards, it was at this point that I started counter trading MDP with slug16.


looks a litle bit funny for me when i compare the trades with my GoMarket Live Account.

for example:
my trades:

10.03.2011 17:03
10.03.2011 17:05 EURUSD Buy 0.60 1.32394 1.32687 1.32438 1.32478 4.0 24.00 1m 0.91%

10.03.2011 17:03
10.03.2011 17:05 EURUSD Buy 0.30 1.32402 1.32832 1.32433 1.32483 5.0 15.00 1m 0.57%

10.03.2011 17:03
10.03.2011 17:05 EURUSD Buy 0.30 1.32402 1.32752 1.32433 1.32481 4.8 14.40 1m 0.55%

10.03.2011 17:03
10.03.2011 17:05 EURUSD Buy 0.30 1.32402 1.32992 1.32433 1.32485 5.2 15.60 1m 0.60%

you account:
10.03.2011 17:03 10.03.2011 17:05 EURUSD Buy 0.12 1.32482 1.32613 1.32451 1.32482 3.1 2.41 1m 0.20%
10.03.2011 17:03 10.03.2011 17:05 EURUSD Buy 0.12 1.32482 1.32613 1.32451 1.32482 3.1 2.41 1m 0.20%
10.03.2011 17:03 10.03.2011 17:05 EURUSD Buy 0.12 1.32497 1.32598 1.32414 1.32497 8.3 6.44 1m 0.55%
10.03.2011 17:03 10.03.2011 17:05 EURUSD Buy 0.12 1.32497 1.32598 1.32419 1.32497 7.8 6.05 1m 0.52%
10.03.2011 17:03 10.03.2011 17:05 EURUSD Buy 0.12 1.32497 1.32598 1.32419 1.32497 7.8 6.05 1m 0.51%

next example:

my account:
09.12.2011 20:38
09.12.2011 20:39 EURUSD Sell 0.24 1.36195 1.35838 1.36178 1.35987 19.1 45.84 50s 1.76%

09.12.2011 20:37
09.12.2011 20:38 EURUSD Sell 0.23 1.36237 1.35888 1.36179 1.36171 0.8 1.84 1m 0.07%

09.12.2011 20:37
09.12.2011 20:38 EURUSD Sell 0.23 1.36232 1.35894 1.36179 1.36170 0.9 2.07 1m 0.08%

09.12.2011 20:37
09.12.2011 20:38 EURUSD Sell 0.23 1.36232 1.35904 1.36179 1.36167 1.2 2.76 1m 0.11%

09.12.2011 20:37
09.12.2011 20:38 EURUSD Sell 0.23 1.36202 1.35914 1.36179 1.36149 3.0 6.90 1m 0.27%

09.12.2011 20:37
09.12.2011 20:38 EURUSD Sell 0.23 1.36202 1.35821 1.36179 1.36137 4.2 9.66 1m 0.38%

09.12.2011 20:37
09.12.2011 20:38 EURUSD Sell 0.23 1.36237 1.35819 1.36179 1.36149 3.0 6.90 1m 0.27%

09.12.2011 20:37
09.12.2011 20:38 EURUSD Sell 0.23 1.36202 1.35786 1.36191 1.36137 5.4 12.42 1m 0.49%

09.12.2011 20:37
09.12.2011 20:38 EURUSD Sell 0.23 1.36202 1.35679 1.36179 1.36127 5.2 11.96 1m 0.47%

09.12.2011 20:36
09.12.2011 20:36 EURUSD Sell 0.23 1.36135 1.35394 1.36039 1.36067 -2.8 -6.44 19s -0.25%

you account:
09.12.2011 20:38 09.12.2011 20:39 EURUSD Sell 0.06 1.36098 1.35993 1.36186 1.36035 15.1 5.73 50s 0.89%
09.12.2011 20:37 09.12.2011 20:38 EURUSD Sell 0.06 1.36151 1.35978 1.36208 1.36151 5.7 2.16 1m 0.34%
09.12.2011 20:37 09.12.2011 20:38 EURUSD Sell 0.06 1.36153 1.35978 1.36191 1.36153 3.8 1.44 1m 0.23%
09.12.2011 20:37 09.12.2011 20:38 EURUSD Sell 0.06 1.36147 1.35978 1.36173 1.36147 2.6 0.98 1m 0.15%
09.12.2011 20:37 09.12.2011 20:38 EURUSD Sell 0.06 1.36147 1.35968 1.36173 1.36147 2.6 0.98 1m 0.15%
09.12.2011 20:37 09.12.2011 20:38 EURUSD Sell 0.06 1.36116 1.35993 1.36173 1.36116 5.7 2.16 1m 0.34%
09.12.2011 20:37 09.12.2011 20:38 EURUSD Sell 0.06 1.36116 1.35975 1.36173 1.36116 5.7 2.16 1m 0.34%
09.12.2011 20:37 09.12.2011 20:38 EURUSD Sell 0.06 1.36116 1.36008 1.36173 1.36116 5.7 2.16 1m 0.34%
09.12.2011 20:37 09.12.2011 20:38 EURUSD Sell 0.06 1.36116 1.35988 1.36173 1.36116 5.7 2.16 1m 0.34%
09.12.2011 20:36 09.12.2011 20:36 EURUSD Sell 0.06 1.36053 1.35877 1.36039 1.36053 -1.4 -0.54 18s -0.09%

my account:
10.20.2011 11:31
10.20.2011 11:34 EURUSD Sell 0.34 1.38171 1.37887 1.38149 1.37988 16.1 54.74 2m 1.87%

10.20.2011 11:31
10.20.2011 11:34 EURUSD Sell 0.17 1.38171 1.37887 1.38149 1.37996 15.3 26.01 2m 0.87%

10.20.2011 11:30
10.20.2011 11:34 EURUSD Sell 0.17 1.38175 1.37728 1.38309 1.37989 32.0 54.40 3m 1.90%

10.20.2011 11:30
10.20.2011 11:34 EURUSD Sell 0.15 1.38166 1.36557 1.38318 1.37984 33.4 50.10 3m 1.85%

10.20.2011 11:30
10.20.2011 11:34 EURUSD Sell 0.34 1.38166 1.37192 1.38318 1.37984 33.4 113.56 3m 4.12%

10.20.2011 11:30
10.20.2011 11:34 EURUSD Sell 0.41 1.38166 1.36496 1.38318 1.37998 32.0 131.20 3m 5.31%

10.20.2011 11:30
10.20.2011 11:34 EURUSD Sell 0.32 1.38166 1.36493 1.38318 1.37996 32.2 103.04 3m 3.96%

10.20.2011 11:30
10.20.2011 11:30 EURUSD Sell 0.41 1.38158 1.37684 1.38020 1.38158 -13.8 -56.58 14s -2.24%
10.20.2011 11:29
10.20.2011 11:30 EURUSD Sell 0.16 1.38005 1.37658 1.37907 1.37957 -5.0 -8.00 38s -0.32%

10.20.2011 11:29
10.20.2011 11:30 EURUSD Sell 0.32 1.38005 1.37658 1.37908 1.37947 -3.9 -12.48 37s -0.49%

10.20.2011 11:29
10.20.2011 11:29 EURUSD Sell 0.43 1.37970 1.37710 1.37938 1.37879 5.9 25.37 43s 1.01%

10.20.2011 11:29
10.20.2011 11:29 EURUSD Sell 0.42 1.37985 1.37632 1.37943 1.37890 5.3 22.26 42s 0.90%

10.20.2011 11:29
10.20.2011 11:29 EURUSD Sell 0.43 1.37970 1.37693 1.37938 1.37883 5.5 23.65 42s 0.95%

you account:
10.20.2011 11:30 10.20.2011 11:34 EURUSD Sell 0.13 1.38076 1.37396 1.38309 1.37988 32.1 26.47 3m 2.10%
10.20.2011 11:30 10.20.2011 11:34 EURUSD Sell 0.13 1.38076 1.37247 1.38325 1.37987 33.8 27.87 3m 2.36%
10.20.2011 11:30 10.20.2011 11:34 EURUSD Sell 0.13 1.38076 1.37247 1.38325 1.37989 33.6 27.71 3m 2.30%
10.20.2011 11:30 10.20.2011 11:34 EURUSD Sell 0.13 1.38076 1.37401 1.38325 1.37989 33.6 27.71 3m 2.24%
10.20.2011 11:32 10.20.2011 11:34 EURUSD Sell 0.13 1.38116 1.37950 1.38128 1.37984 14.4 11.88 2m 1.02%
10.20.2011 11:31 10.20.2011 11:34 EURUSD Sell 0.13 1.38077 1.37989 1.38260 1.37989 27.1 22.35 2m 2.03%
10.20.2011 11:31 10.20.2011 11:34 EURUSD Sell 0.13 1.38077 1.37989 1.38260 1.37989 27.1 22.35 2m 1.99%
10.20.2011 11:31 10.20.2011 11:34 EURUSD Sell 0.13 1.38079 1.37987 1.38260 1.37987 27.3 22.51 2m 1.97%
10.20.2011 11:31 10.20.2011 11:31 EURUSD Sell 0.13 1.38172 1.38030 1.38261 1.38172 8.9 7.34 39s 0.67%
10.20.2011 11:29 10.20.2011 11:30 EURUSD Sell 0.14 1.37916 1.37783 1.37931 1.37916 1.5 1.33 48s 0.12%
10.20.2011 11:29 10.20.2011 11:30 EURUSD Sell 0.14 1.37916 1.37760 1.37908 1.37916 -0.8 -0.71 36s -0.06%
10.20.2011 11:29 10.20.2011 11:30 EURUSD Sell 0.14 1.37916 1.37760 1.37908 1.37916 -0.8 -0.71 36s -0.06%
10.20.2011 11:29 10.20.2011 11:30 EURUSD Sell 0.14 1.37916 1.37783 1.37897 1.37916 -1.9 -1.69 35s -0.15%
10.20.2011 11:29 10.20.2011 11:30 EURUSD Sell 0.14 1.37936 1.37709 1.37909 1.37936 -2.7 -2.40 36s -0.22%
10.20.2011 11:29 10.20.2011 11:30 EURUSD Sell 0.14 1.37936 1.37738 1.37909 1.37936 -2.7 -2.40 36s -0.22%
10.20.2011 11:29 10.20.2011 11:30 EURUSD Sell 0.14 1.37901 1.37775 1.37940 1.37901 3.9 3.46 47s 0.32%
10.20.2011 11:29 10.20.2011 11:30 EURUSD Sell 0.14 1.37901 1.37798 1.37940 1.37901 3.9 3.46 47s 0.32%

need more ? it must be a great counter strategy to the mdp you use ...

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