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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

Fred_Forex
Mar 08 2012 at 21:17
117 posts
No, according to my research and experience MDP will still trade after this error occured. I also had this error when I started trading a new account. It seems to be an error of an internal indicator.
Tschüss
Fred

Sachin (sachinsyd)
Mar 09 2012 at 10:51
12 posts
no trades on ibfx au after 3 days??? mostly error is high spread but even if 2 pip it never trades. Any suggestion friends?

Eddie_Morra
Mar 09 2012 at 11:11
29 posts
Be patient. Where is your VPS / the pc you are running MDP on located? A low latency increases MDPs trading frequency because it can catch signals better.

To become old and wise you have to be young and stupid first.
Sachin (sachinsyd)
Mar 09 2012 at 11:57
12 posts

   Eddie_Morra posted:
   Be patient. Where is your VPS / the pc you are running MDP on located? A low latency increases MDPs trading frequency because it can catch signals better.


my pc is sydney. no vps yet as it is ibfx au demo. do u suggest i go on a vps plz suggest a free vps as i will run it on demo initially

CBuilder
Mar 09 2012 at 12:31
26 posts
I am using VPS in USA and demo thinkforex but the results i am getting are different from those posted on the MDP report here!

i am using default settings, any ideas?

thanks

Eddie_Morra
Mar 09 2012 at 12:51
29 posts
@sachinsyd your attitude is annoying, spamming this topic with requests and demanding answers. Free VPS, sure. Good luck finding one. They don't cost much (starting at ~65$ / year).
If your PC is based in sydney we may have the reason for your issue, as the latency from australia to NY (where the trading servers of IBFX and IBFX AU are based) may not be the best. A VPS based in the USA would be the best solution then.

To become old and wise you have to be young and stupid first.
Sachin (sachinsyd)
Mar 09 2012 at 12:55
12 posts
@eddie Mate listen I never thought that this thread was for anything but to discuss MDP performance, issues and personal experience. If you find my post annoying please don't bother replying. Thanks for what u suggested anyways. 😲

Eddie_Morra
Mar 09 2012 at 13:10
29 posts
It is, but you should research and think for yourself too. If you had done that you wouldn't have asked me to search a free VPS for you, why should anyone give their VPS away for free?
This attitude (let others hand everything to you on a silver platter) is annoying.

To become old and wise you have to be young and stupid first.
Dan (tradinfool)
Mar 09 2012 at 13:22
40 posts
IBFX has two VPS companies they recommend that have very low latency. They are a bit more expensive than other services but they are very close to their datacenters so the latency is very low.

If you are using a demo account the results will be far different than a live account. I would suggest you use a live account and set the risk very low. In this way you can 'tweak' your settings until you are happy with them without risking much capital.

Dan

Antny (fughe)
Mar 09 2012 at 13:47
724 posts
@sachinsyd----if you are with IBFX, contact them and ask them to recommend some VPS providers to you. They will because they offer discount with a few very good VPS providers. Pick on of those and go live. You will be set.....make sure to set the number of orders to 4 or less and group orders to true or you will not have as good of luck with it.

Make losses, but always come out a winner at the end.
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