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

May 20, 2011 at 02:45
216,659 Views
3,872 Replies
Member Since Jan 25, 2010   1360 posts
Sep 23, 2011 at 00:28
Ok, so is there a real money account yet?? I am tired of the old 'here's the results (demo), buy the product and you will get the same on REAL money' BS!

I am using IAMFX, with GPS forex and Nighthawk, but so far although I am never really losing trades, I am not really making much either. At least they are working where FAPturbo had not.

Tell me if you have a real money account (esp. IAMFX) so I can see your actual real results.
Member Since Jan 31, 2011   724 posts
Sep 23, 2011 at 00:35

   BluePanther posted:
   Ok, so is there a real money account yet?? I am tired of the old 'here's the results (demo), buy the product and you will get the same on REAL money' BS!

I am using IAMFX, with GPS forex and Nighthawk, but so far although I am never really losing trades, I am not really making much either. At least they are working where FAPturbo had not.

Tell me if you have a real money account (esp. IAMFX) so I can see your actual real results.

Professor53 has real accounts. Find him in the previous posts and check out his accounts.
Make losses, but always come out a winner at the end.
Member Since Jul 06, 2011   80 posts
Sep 23, 2011 at 00:49
The EA is up & running but the spread is larger than agreed to ... grrrr.
Member Since Jul 06, 2011   80 posts
Sep 23, 2011 at 02:09
has anyone gotten any trades in the past hour or so?
Member Since Dec 15, 2010   795 posts
Sep 23, 2011 at 02:24

   stoneflash posted:
   The EA is up & running but the spread is larger than agreed to ... grrrr.

A little secret.... dont tell.

ON your chart, On the ECN liine, if you have 4 or 5 lines of ECN comments then you will trade very well and at good speed. If only 2 or 3 ECN comments then your trades will be less because the speed is to high for the MDP prg to be comfortable to scalp with. You can limit a few bad trades by... dropping slip from a default of 3 down to 2 or even 1. Its barely noticible. A few less trades and a bit more profit. secret number 4, dont tell... close the mt4 platform and relog in... and check your speeds. If your lucky you will connnect to a new broker link with a bit faster or slower speed. ater 4 or 5 of these attempts, I clear that MT4 platform and reload it from scratch and then reload to broker until my times improve or I get a ms speed I can live with. THEN, dont disconnect ever......... ( its just my hypothesis that this works)
sincerely
Garry
Click on my Name to see My Live Charts and Bio.
Member Since Jul 06, 2011   80 posts
Sep 23, 2011 at 02:48
Thanks Gerry,
That is some very helpful information..
The line says 'Condition of low spread failed' & is averaging 2.7 pip spread on the us/jy & the eu/usd. I set slip at '0'
& I promise not to tell..😎
Member Since Jul 06, 2011   80 posts
Sep 23, 2011 at 02:59
By secret number did you mean magic & have you gotten any trades yet?
Member Since Dec 15, 2010   795 posts
Sep 23, 2011 at 03:36
7 live accounts, all winners today.
Click on my Name to see My Live Charts and Bio.
Member Since Sep 22, 2011   10 posts
Sep 23, 2011 at 10:36

   tradinfool posted:
   finally had a good day after 3 terrible days. Made a few changes to my settings. 1. set group orders to true. 2 set slip to 0.
3. set channels to 3 and simultaneous orders to 3. Click on my name and view the trades.

Good stuff mate! thanks..

I think you're benefiting from the Grouping. Setting the slip to 0 is risky in my opinion. I'm not too sure what channels do but I believe more channels the better it is??? Sim order keeping it to a minimum is a more risk aversive move..
Member Since Sep 22, 2011   10 posts
Sep 23, 2011 at 10:38

   Gillinjahrel posted:
   

   tharaka posted:
   Anyone tested MDP with funky exit set to false??


Would changing funky exit to false help? or should I keep it set to true?

I haven't tested. But I believe this would delay your exit... meaning, setting deeper SL??? I'm not sure.
Member Since Sep 20, 2011   12 posts
Sep 23, 2011 at 10:38
I have a eroor :

2011.09.22 07:51:37 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 31: ERROR unhandled error (unable to repeat command) : invalid trade parameters
2011.09.22 07:51:37 stdlib EURUSD,M1: loaded successfully
2011.09.22 07:51:37 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 31:8,1: WARN Unable to create BUYSTOP price:1.35173 SL:1.35006 TP:1.35332
2011.09.22 06:35:50 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: updateDeviations() ok...

Basic settings..
Robots Forex - Robots trader communauté francaise.
Member Since Sep 20, 2011   12 posts
Sep 23, 2011 at 10:39
Broker : Thinkforex
Robots Forex - Robots trader communauté francaise.
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Sep 23, 2011 at 11:20
MDP has been on my mind for the past week. Mostly about HFT and the concepts behind it. If you've read my other posts in this thread then you probably know the direction that I am heading.

Today, I took the time to examine the last 3 trades (grouped trades = different times) to see if I can detect the logic behind this server overloader and I actually may be on to something.

 I've built an indicator with similar setting as the MDP back test with of course my own variation and I just had my first signal a few minutes ago on EURUSD - you can see for yourself on live account here -

https://www.myfxbook.com/members/pipinvestment99/risk-capital-investors-fund/124751

I could have entered several more positions, but 3 was a good test. All profitable. Manual entry, manual exit, adjusted stoploss manually etc. Hence the duration isn't as swift as MDP, but its the concept now, and High Frequency later.

Over the weekend I'll build the logic into an EA and see if it backtests.

 If anyone has Tickdata, on EURUSD already compiled , sifted out the holes, and is willing to share the hst. file please contact me. It doesn't need to be 2001-current. I'm just looking for a solid years worth with High quality tick data complied and ready to drop in the MT4 History folder =)

Member Since Jul 06, 2011   80 posts
Sep 23, 2011 at 11:50
So just to clarify, the newer version won't open a trade if the the spread is greater than 2??
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Sep 23, 2011 at 12:15
I think we should all collaborate by sharing our MDP analysis.

 Please include your details in the '' attached Excel spread sheet'' the next time you post here ( just attach the spread after your update by clicking on the paperclip. First time may not work so try again=)

By doing so, we can find suitable brokers for MDP and other HFT systems.

Feel free to add columns as needed.

Of course there will be members updating and adding their spread sheet without the latest Copy. This is fine. We can easily merge the data into a NEW master weekly from all the participates.

Best luck on grabbing those pips.
Member Since Jul 13, 2011   25 posts
Sep 23, 2011 at 15:07

   Adharna posted:
   I have a eroor :

2011.09.22 07:51:37 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 31: ERROR unhandled error (unable to repeat command) : invalid trade parameters
2011.09.22 07:51:37 stdlib EURUSD,M1: loaded successfully
2011.09.22 07:51:37 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: 31:8,1: WARN Unable to create BUYSTOP price:1.35173 SL:1.35006 TP:1.35332
2011.09.22 06:35:50 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: updateDeviations() ok...

Basic settings..

Go to the thinkforex metatrader 4 program folder and go to the experts folder, go to Libraries and delete the MPD DLL file there. Re-install it and it should work then.
Member Since Sep 09, 2011   11 posts
Sep 23, 2011 at 15:13
For this you'd probably be better using google docs or something, create a public spreadsheet.
Also I doubt many people would want to share their results if they find something profitable, otherwise hordes of ppl will come and flood the servers with many transactions and likely impact the results.


   ForexScam posted:
   I think we should all collaborate by sharing our MDP analysis.

 Please include your details in the '' attached Excel spread sheet'' the next time you post here ( just attach the spread after your update by clicking on the paperclip. First time may not work so try again=)

By doing so, we can find suitable brokers for MDP and other HFT systems.

Feel free to add columns as needed.

Of course there will be members updating and adding their spread sheet without the latest Copy. This is fine. We can easily merge the data into a NEW master weekly from all the participates.

Best luck on grabbing those pips.
Member Since Sep 12, 2011   33 posts
Sep 23, 2011 at 15:14
FYI.

GFTForex MDP data:
Hosted on their VPS server.
Avg Exec: 1393 ms.
Avg Open: 1623 ms.
Avg Modify: 387 ms
Avg Open Slip: 16
Avg Close Slip: 25
Avg Spread: 0.00016
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Sep 23, 2011 at 18:28

   xiaoming2011 posted:
   FYI.

GFTForex MDP data:
Hosted on their VPS server.
Avg Exec: 1393 ms.
Avg Open: 1623 ms.
Avg Modify: 387 ms
Avg Open Slip: 16
Avg Close Slip: 25
Avg Spread: 0.00016


I'm not concerned with performance figures like your profit amount, but these stats above. It is interesting to see how the brokers are handling these orders (as this is the main reason why this bot is not consistent).

 Basically by doing this study, we should be able to determine what brokers have a stable environment for HFT. Some brokers refuse to address these issues while some are improving their infrastructure. This is the first retail HFT, but its not the last. I'm not sure if MDP will last much longer, but if it does, it will be because of a broker catering these types of strategies. I am sure an honest ECN broker will encourage HFT and build a solid infrastructure for millions of traders. Why not? isn't HFT the building block for liquidity in the real world?

 Google Docs does sound like a good idea, but how can we share it? maybe someone can get it going so users can insert their stats.

thanks again!
Member Since Sep 12, 2011   33 posts
Sep 23, 2011 at 19:49
Hi,
I have MDP 1.2 set on MBTrading MT4 now but I get follow message. Is it an issue could prevent MDP from trading or just a waring can be ignored? Also I have $500 in MT4 account and MBTrading can not set the lot as low as 0.01 so I change the min/max lot in MDP 1.2 to 0.1 and Risk set 1. Hope the EA can trade based on that balance and setting.
Thanks.


ecn exit connection failed (hard_stop_trailing adjusted)
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