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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

Professor53
Aug 28 2011 at 10:11
795 posts
I could never get it to back test , not even once. Can you get MDP to back test?

Click on my Name to see My Live Charts and Bio.
DMFXTrader
Aug 28 2011 at 10:30
61 posts

Professor53 posted:
    I could never get it to back test , not even once. Can you get MDP to back test?


Yes I can using Duckascopy tick data and following Birts advice on his eareview site. I will have another go next week. :)

Antny (fughe)
Aug 28 2011 at 17:28
724 posts

DMFXTrader posted:
    
fughe posted:
    
You are correct. the add chan of 8 will open more trading opportunities. The num orders opens riskier trades.


Ok - Thanks for the reply. So it is always better (unless you like risk!) to reduce the num orders before reducing the additional channels?

Maybe I need to run a backtest to see what the exact difference is!


The ONLY time the num orders level should be increased above 0 is if you are always getting good fills and good closings.

Make losses, but always come out a winner at the end.
DMFXTrader
Aug 28 2011 at 18:01
61 posts
fughe posted:
DMFXTrader posted:
fughe posted: You are correct. the add chan of 8 will open more trading opportunities. The num orders opens riskier trades.
Ok - Thanks for the reply. So it is always better (unless you like risk!) to reduce the num orders before reducing the additional channels? Maybe I need to run a backtest to see what the exact difference is!
The ONLY time the num orders level should be increased above 0 is if you are always getting good fills and good closings.


Interesting - thanks for the info. So if the num orders level is high does that mean the entries are made when the Market is moving very fast, so slippage could be a problem, and when the level is 0 entries are made when price is moving a bit slower?

Antny (fughe)
Aug 28 2011 at 23:30
724 posts

DMFXTrader posted:
    
fughe posted:
DMFXTrader posted:
fughe posted: You are correct. the add chan of 8 will open more trading opportunities. The num orders opens riskier trades.
Ok - Thanks for the reply. So it is always better (unless you like risk!) to reduce the num orders before reducing the additional channels? Maybe I need to run a backtest to see what the exact difference is!
The ONLY time the num orders level should be increased above 0 is if you are always getting good fills and good closings.


Interesting - thanks for the info. So if the num orders level is high does that mean the entries are made when the Market is moving very fast, so slippage could be a problem, and when the level is 0 entries are made when price is moving a bit slower?


All I know is that it increases the chance that the orders will fail to be profitable.

Make losses, but always come out a winner at the end.
jsantos3
Aug 29 2011 at 01:39
272 posts
It is confusing about FxOpen because Fughe says 'My results are as good as the demo account. It is all about the setup.' But SmoothHedge says 'FXOpen ECN rejects most trading attempts by MDP. It gives Invalid Stoploss errors.'

Fughe, you recommend: #6-Deactivate HardStopTrailing. But Wakeel recommends the opposite: 'hard trailing: true'.

Thanks for further clarification.

primevalea
Aug 29 2011 at 02:30
449 posts
milliondpips May 25 at 23:05
milliondpips posted:
    We will be showing one in the near future.


In Million Dollar Pips Jun 13 at 05:22
milliondpips posted:
I will be releasing a live account result soon.


Sure, we're almost in September and what? What does the word 'soon' means for you 😁?
Still NO LIVE ACCOUNT to show.

Oh I bet this EA doesn't really work live right? It's a good EA to show great results on demo
account and scam people 😈.

Money makes more money $ ... $$$
Professor53
Aug 29 2011 at 03:23
795 posts
I have 3 live accounts and will be adding a 4th iin a few weeks. Several others havea live accounst. Find a couple of vps's and use IBFX or another good broker and trade live with us. Then aferw a month, drop all vps but the best one for that broker.


Aloha

Click on my Name to see My Live Charts and Bio.
primevalea
Aug 29 2011 at 03:31
449 posts
<a href='' target='_blank'><img src=''/></a>

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Money makes more money $ ... $$$
primevalea
Aug 29 2011 at 03:38
449 posts
<a href='' target='_blank'><img src=''/></a>

https://www.forexpeacearmy.com/public/review/www.milliondollarpips.com

Just another SCAM EA that doesn't work live, only on demo accounts 😇.

Attachments:


Money makes more money $ ... $$$
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