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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

willgart
Jan 23 2012 at 11:36
588 posts
Cinar (mcymcy)
Jan 23 2012 at 11:44
270 posts
Same; about 3% loss.
Unexpected move for me.

FH1FOREX
Jan 23 2012 at 12:09
18 posts
I would like to ask all of you if anyone is experiencing difficulties when activationg MDP on MT4.

I am asking this because I have no problems at all when I use it on my home PC but on the VPS it is a different story, it becomes impossible to activate when there is very little price movement.


Thanks,

smithfx1
Jan 23 2012 at 14:02
37 posts

   mistificator posted:
   How did you guys do? I lost about 3% on the last trades today, nothing wrong with the broker, just the move with very little pullbacks.


I lost too, but still have overall profit. But my other version made profit today! Live Account will follow soon with this version, because the risk SL/TP is less and there are much more trades.

I have read about execution times and found a link. The biggest problem with MT4 is that the platform itself needs 200ms to execute the trade, so the best execution time is around 201-250ms depending on latency/VPS. All brokers with more latency have Plugins to steal money!

Read this: https://www.pipinvestment.com/update/million-dollar-pips-latency-and-brokers-infrastructure

'Also, most FX brokers only offer MetaTrader4 with no FIX API option. Therefore, limitations in the platform itself will slow down a HFT system. MetaTrader4 takes a minimum of 200ms to process an order without any broker intervention ( Virtual Dealer Plugin ).'

What are your execution times and broker? I found a good EA to test the execution time in this thread: https://www.forexfactory.com/showthread.php?t=337102

Anyone have Fast Forex Millions?

cusber
Jan 23 2012 at 14:05
46 posts

   smithfx1 posted:
 
Anyone have Fast Forex Millions?


Yes, I do, today -100pips

willgart
Jan 23 2012 at 14:09
588 posts
FFM: +50pips for me. just 1 trade opened and close for now... so its early to say something

lobotomy8
Jan 23 2012 at 15:23
140 posts

   willgart posted:
   FFM: +50pips for me. just 1 trade opened and close for now... so its early to say something


So, everybody can see now how William 'fulfill' his promises. The key promise was that he finally found the bot that works independently on the broker. Lies, lies, lies. So good luck guys..... You will change your minds when your accounts will be wiped off

jvargasm
Jan 23 2012 at 15:50
24 posts
I had two trades losing 9pips today

BTW i have moved my VPS and now have 1-2ms of latency

Greed isn't Good...be smart
ghi001
Jan 23 2012 at 18:25
45 posts
Fast Forex Million running on this demo 10K account @ FXCM: https://www.myfxbook.com/members/ghi001/fastforexdemo/229196
Result of the moring as positif, now -1.43% let's seeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
MDP Fresh Demo account FXCM 10K -0.43% today https://www.myfxbook.com/members/ghi001/mdp10kdemo/229194

willgart
Jan 23 2012 at 18:36
588 posts
first... they have to provide an official myfxbook demo account to be able to tak about FFM in this forum and npot the MDP one.

second, the documentation says that the filterdepth has to be adapted based on the broker...
I don't know what's the EA do exactly, but its normal to get different resutls if H4, D1 is used, also some brokers starts their trading session 1 hour before some other on sunday.
all of this can impacts the decision of the EA....

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