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
Aug 29, 2011 at 18:27
mistificator posted:
My acc made winning days last Friday and today. Initially I had mostly losses by I was eager to see it trading and went for agressive setup, but then on Thursday reverted to NO=1 setting.
Good move. If you had not made that change....there were trade signals that occurred which were losing signals....and your MDP would have taken them if you had not changed to a lower setting.
Make losses, but always come out a winner at the end.
Aug 29, 2011 at 18:36
primevalea posted:
# Gain: -17.92%
https://www.myfxbook.com/members/mistificator/mdp/151017
I'm not getting amazed by this performance on a real account 😀.
Meanwhile on a DEMO account using the same Broker:
https://www.myfxbook.com/members/milliondpips/million-dollar-pips/114107
😇
No need to say more 😎.
Out of curiosity....what are the slippage/timings on both accounts that MDP says? Also which account is the live and which account is the demo. I am referring as to the type...ECN, STP, standard market maker, or micro.
These answers may enable me to tell you how to make it trade profitably.
Make losses, but always come out a winner at the end.
Aug 29, 2011 at 18:46
globvest posted:
I purchased this EA last week, I am located in the U.S. I placed this on my live IBFX account which is located on my U.S. based VPS. Latency was not very good, about 100 ms. So no surprise but the EA didn't open any trades even though others were getting trades filled. So I decided to open a HotForex account. After chatting with HotForex they told me that their European server is located in Amsterdam. So I googled some VPS providers in Amsterdam. I decided to go with HostPlate.com. Their server is located at EVOSwitch in Amsterdam. As a result I had eight trades opened today, all closed profitably. I think, like others have said, this EA has everything to do with your broker and VPS provider. Attached is a screenshot of ping and tracert from my HostPlate VPS to the HotForex European server.
Just so you know, if you are getting an average time of 100ms, that is in the top 1% of all brokers. Chances are, something was not setup correctly in your old account. That said.....glad the new setup worked correctly. Hopefully it will continue to do so!
Make losses, but always come out a winner at the end.
Aug 29, 2011 at 18:50
globvest posted:
I purchased this EA last week, I am located in the U.S. I placed this on my live IBFX account which is located on my U.S. based VPS. Latency was not very good, about 100 ms. So no surprise but the EA didn't open any trades even though others were getting trades filled. So I decided to open a HotForex account. After chatting with HotForex they told me that their European server is located in Amsterdam. So I googled some VPS providers in Amsterdam. I decided to go with HostPlate.com. Their server is located at EVOSwitch in Amsterdam. As a result I had eight trades opened today, all closed profitably. I think, like others have said, this EA has everything to do with your broker and VPS provider. Attached is a screenshot of ping and tracert from my HostPlate VPS to the HotForex European server.
Just looked at your screenshot. The time you referred to in your post (100ms)was probably you ping time. A time of 100ms is the type of speed you would get from a home computer. Which is not that great. I thought you were referring to the speed timings that MDP would give....or similar EA.
Make losses, but always come out a winner at the end.
Aug 29, 2011 at 19:14
fughe posted:
Just looked at your screenshot. The time you referred to in your post (100ms)was probably you ping time. A time of 100ms is the type of speed you would get from a home computer. Which is not that great. I thought you were referring to the speed timings that MDP would give....or similar EA.
Yep, sorry I met my ping time.
I just looked at the comments that MDP is posting on my chart window:
'Avg. exec. time: 985 ms Avg. open time: 1916 ms Avg. modify time: 826 ms Avg. Num. requotes: 0.03 per transaction Avg. Close Slip.: 0'
How does that compare with you?
Member Since Dec 15, 2010
795 posts
Aug 29, 2011 at 21:26
<a href='
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Attachments:
Click on my Name to see My Live Charts and Bio.
Member Since Dec 15, 2010
795 posts
Aug 29, 2011 at 21:29
THe demo is fast so much faster than real accounts. see for your self.This is on finfx.demo avg around 300ms
real account is around 720ms. Real is way to slow for MDP.
real account is around 720ms. Real is way to slow for MDP.
Click on my Name to see My Live Charts and Bio.
Aug 29, 2011 at 23:33
globvest posted:
fughe posted:
Just looked at your screenshot. The time you referred to in your post (100ms)was probably you ping time. A time of 100ms is the type of speed you would get from a home computer. Which is not that great. I thought you were referring to the speed timings that MDP would give....or similar EA.
Yep, sorry I met my ping time.
I just looked at the comments that MDP is posting on my chart window:
'Avg. exec. time: 985 ms Avg. open time: 1916 ms Avg. modify time: 826 ms Avg. Num. requotes: 0.03 per transaction Avg. Close Slip.: 0'
How does that compare with you?
That pretty well matches my times all across the board from my home computer. From my VPS, the times aren't much better.
Make losses, but always come out a winner at the end.
Aug 30, 2011 at 06:24
1. the real account was created 2 weeks ago. not a good history to compare the 2 results.
for 08-29:
you can see 2 minutes of lags between the demo and the real account. Some trades are opened 1 minute later and closed 1 minute sooner than the demo account.
the real account has 6 trades while the demo one has 7 trades.
2 losses on each for a total of 3.7 (real) and 4pips (demo).
13.6 pips wins on real and 30.9 pips for the demo account
A delay in the network communication cannot explain a close action which appear BEFORE the EA system.
so for sure the parameters are not the same between the 2 accounts and this can explain the different results.
for 08-29:
you can see 2 minutes of lags between the demo and the real account. Some trades are opened 1 minute later and closed 1 minute sooner than the demo account.
the real account has 6 trades while the demo one has 7 trades.
2 losses on each for a total of 3.7 (real) and 4pips (demo).
13.6 pips wins on real and 30.9 pips for the demo account
A delay in the network communication cannot explain a close action which appear BEFORE the EA system.
so for sure the parameters are not the same between the 2 accounts and this can explain the different results.
Aug 30, 2011 at 06:25
globvest posted:
I purchased this EA last week, I am located in the U.S. I placed this on my live IBFX account which is located on my U.S. based VPS. Latency was not very good, about 100 ms. So no surprise but the EA didn't open any trades even though others were getting trades filled. So I decided to open a HotForex account. After chatting with HotForex they told me that their European server is located in Amsterdam. So I googled some VPS providers in Amsterdam. I decided to go with HostPlate.com. Their server is located at EVOSwitch in Amsterdam. As a result I had eight trades opened today, all closed profitably. I think, like others have said, this EA has everything to do with your broker and VPS provider. Attached is a screenshot of ping and tracert from my HostPlate VPS to the HotForex European server.
what did the board think? are the 1ms of hostplate compared to for example the cbs uk with 7-10ms worth a change. so to get another 8ms? price of hostplate is quite fine on the otherside
Aug 30, 2011 at 06:27
Guys don't fool yourself, ping/latency being 1ms or 100ms is pretty much the same, since your broker execution speed will likely be 500-1000 ms on average. The key is broker execution speed, spreads and slippage/requotes. That is all.
Was mich nicht umbringt, macht mich stärker.
Aug 30, 2011 at 06:27
Professor53, how are your live accounts going?
I've signed up with UCVHost.com and their VPSlite VPS. Demo is running on FinFX account. Only one trade in the past twenty four hours, however, EA opened up six trades within one minute and made $120 on a $5,000 demo account.
I read in the posts here that the EA trades when the 1M EurUSD moves at least 20 pips in one direction. That seems to be what I keep seeing on the trades on the FPA site.
Has anyone else come to the same conclusion? It's unfortunate that we can't create a smiliar EA that does the same thing as this bot with better results.
Also, has anyone had a chance to try Kirin's EA? The one he said he used to make up what he lost trading with MDP?
I can't find his profile here...
I've signed up with UCVHost.com and their VPSlite VPS. Demo is running on FinFX account. Only one trade in the past twenty four hours, however, EA opened up six trades within one minute and made $120 on a $5,000 demo account.
I read in the posts here that the EA trades when the 1M EurUSD moves at least 20 pips in one direction. That seems to be what I keep seeing on the trades on the FPA site.
Has anyone else come to the same conclusion? It's unfortunate that we can't create a smiliar EA that does the same thing as this bot with better results.
Also, has anyone had a chance to try Kirin's EA? The one he said he used to make up what he lost trading with MDP?
I can't find his profile here...
Aug 30, 2011 at 07:19
(edited Aug 30, 2011 at 07:26)
primevalea posted:you law you win only 39% with month win under -28.88% and 68% so you can't win 1000% you HOPE win !
almost 1000% in 1 year on a BIG & REAL PAMM Account, thanks a lot Primeval:
https://www.myfxbook.com/members/primevalea/primeval-ea-pamm-account-1/61762
primevalea posted:
MDP sucks and is a SCAM:
3 comments for over 100 MDP sold
come on DonnaForex to see the true performance.
Arf but you can't have you're banned
+175% in one month sure, typical of lame newbies trading on super tiny accounts
and then they lose it all in one day.
Newbies like you never have a 1 year live results because they lose it all later, not even a 6 months statements.
Anyone can be lucky with any system for a month or two making 1000% gain and then account blown 😁.
175% one month with a DD of 12% would agree it makes me like that.
Stops to convince us you're a winner.
Whenever someone succeeded, you've broken the subject.
Don't be jealous!
Aug 30, 2011 at 08:49
primevalea posted:
lowyoda posted:
+ 175% in one month, thanks a lot MDP
your ea sucks Primevalea
https://www.myfxbook.com/members/lowyoda/pepperstone-razor-million-dollar-pips/143305
almost 1000% in 1 year on a BIG & REAL PAMM Account, thanks a lot Primeval:
https://www.myfxbook.com/members/primevalea/primeval-ea-pamm-account-1/61762
MDP sucks and is a SCAM:
+175% in one month sure, typical of lame newbies trading on super tiny accounts
and then they lose it all in one day.
Newbies like you never have a 1 year live results because they lose it all later, not even a 6 months statements.
Anyone can be lucky with any system for a month or two making 1000% gain and then account blown 😁.
It is really sad to see you here promoting your own crap by hijacking someone else's thread and slamming other EAs.
Your actions speak more than your (shady) performance.
mentosan
Member Since Aug 13, 2010
28 posts
Aug 30, 2011 at 15:08
Soo,
I have account by ThinkForex and VPS 20km away from them.
Ping 17 ms
but
Average execution time, open time and average modify time
>1,5 SECONDS
I spoke with them on chat and after this I sent an email. I'm waiting for the answer....
I have account by ThinkForex and VPS 20km away from them.
Ping 17 ms
but
Average execution time, open time and average modify time
>1,5 SECONDS
I spoke with them on chat and after this I sent an email. I'm waiting for the answer....
Aug 30, 2011 at 16:45
grega07 posted:
my mdp still not trading after 24 hours. anyone has suggestion what is the problem? using ibfx live account with their vps.
<a href='' target='_blank'><img src='
give it time and watch the main demo account. If it shows new trades...and you didn't....then you missed trades and need to make adjustments.
Make losses, but always come out a winner at the end.
Aug 30, 2011 at 17:35
TF did last trades yesterday early morning (5AM GMT), since then no trades. Mind you your spread is on a biggish size it won't trade too often: when market races fast like MDP needs, spreads rise quite a bit, and MDP won't trade if spread is over 2 pips. I have similar spreads on FXDD is it trades less than TF.
Was mich nicht umbringt, macht mich stärker.
