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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

xiaoming2011
Oct 11 2011 at 17:58
33 posts

   Professor53 posted:
   We should receive a spike 13 hrs from now according to the economic indicator. Everyone ready? Then again the next day around the same time.


We are ready. Hope MDP is ready too.

tradinfool (tradinfool)
Oct 11 2011 at 21:54
40 posts
This was on the Million Dollar Pips forum at Donnaforex today. Hope it is useful. Please comment if you have anything to add.

Quote from: jhenrikb on Today at 04:34:34 PM

    New to forum here. And new to MDP.

    Seeing a lot of diffrent settings and diffrent results on live and test acocunts.

    Anyone have a real Long-term account thats doing good with MDP?
    Can I ask for your settings? =)

    Cheers


This EA is very sensitive. Settings good for one broker might not be good for others. Each broker has its own trading conditions: order execution time (open, modify, close), slippage, spread, liquidity, and trading restrictions. The EA has many parameters that will allow you tweak the EA according to broker conditions. For example, if spread is high you should disable AutoApply_ECN (false). If order execution time is high you should disable use_stop_orders (false), enable group_orders (true), and use lower Max_Sim_orders (4 or less). Lowering NumOrders_Level and Additional_Channels will result in less trades but reduce entering orders prematurely (less profit and less loss). I advise you to start with very low risk and run the EA for sometime to check its performance with your broker.

Dan


oldchartreader
Oct 11 2011 at 21:55
36 posts

   Professor53 posted:
   We should receive a spike 13 hrs from now according to the economic indicator. Everyone ready? Then again the next day around the same time.


Well, what happened? I got zilch as in '0' action. I guess the spike lacked some bite. Anybody get some trades today?

lobotomy8
Oct 11 2011 at 22:12
140 posts

   oldchartreader posted:
   

   Professor53 posted:
   We should receive a spike 13 hrs from now according to the economic indicator. Everyone ready? Then again the next day around the same time.


Well, what happened? I got zilch as in '0' action. I guess the spike lacked some bite. Anybody get some trades today?


No trades today

mistificator (mistificator)
Oct 11 2011 at 22:26
453 posts
Market highly anticipated no-vote by Slovak parliament. Just a small 15 pips spike down on Slovak TV announcement. Wasn't enough even for a risky setting NO=3 to enter.

Was mich nicht umbringt, macht mich stärker.
geektrader
Oct 12 2011 at 04:33
153 posts
So has anyone tested the new Pepperstone Razor server in NYC? How are execution times now with MDP?

4xlee (4xlee)
Oct 12 2011 at 05:25
14 posts

   geektrader posted:
   So has anyone tested the new Pepperstone Razor server in NYC? How are execution times now with MDP?


MPD hasn't traded since Friday so I can't tell you. I can tell you that the latency is fantastic. I'm using Galaxy VPS and getting 1ms to the US Pepperstone data centre.

Just need to wait until MDP triggers, and I'll let you know what the execution times are like. I'm hoping they'll be pretty good.

Keep the board posted.

geektrader
Oct 12 2011 at 05:40
153 posts
Could you do a test-trade with a EA that measures the time? I am really curious to know if this somehow improved the execution time. But OK, let´s wait until MDP traded.

Danielnwa (Danielnwa)
Oct 12 2011 at 06:10
90 posts
It's not really relevant unless MDP is trading, that's when all the orders are coming through at the same time and things can get pretty clogged up. Hopefully Pepperstone have provided a 'wider pipe' to allow the big flow of orders to pass through more smoothly=)


   geektrader posted:
   Could you do a test-trade with a EA that measures the time? I am really curious to know if this somehow improved the execution time. But OK, let´s wait until MDP traded.

Don't work hard, work smart.
4xlee (4xlee)
Oct 12 2011 at 06:16
14 posts

   Danielnwa posted:
   It's not really relevant unless MDP is trading, that's when all the orders are coming through at the same time and things can get pretty clogged up. Hopefully Pepperstone have provided a 'wider pipe' to allow the big flow of orders to pass through more smoothly=)


   geektrader posted:
   Could you do a test-trade with a EA that measures the time? I am really curious to know if this somehow improved the execution time. But OK, let´s wait until MDP traded.



Totally agree Daniel - we won't know how well Pepperstone performs until it's simultaneously flooded with orders. Execution times right now are lighting fast though. I just put a trade on and it was filled instantly.

There are a number of factors which affect execution time including, as mentioned above, how many orders are being processed by the broker at any one time, market volatility, and market liquidity. I'll keep this thread updated with my results once MDP executes some trades - we should see some activity in the next 24 hours.

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