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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

ForexScam
Oct 27 2011 at 10:11
1008 posts

   fughe posted:
   

   mcymcy posted:
   

   lobotomy8 posted:
   That's surprising, my Pepperstone account lost


Pepperstone wrote a code for MDP. And they make the MDP slower. And loose came. Normally when you make a ex-test with pepperstone the results are very good. But when MDP try to open orders, they slow down the orders. I withdraw from that fraud broker.


this is the main reason why i always change the magic number and comment. It isn't absolutely perfect, but it does help to bypass any nasty tricks.


I don't think they Screen Comments or Magic Numbers, but run MDP themselves to trigger execution delay.

willgart
Oct 27 2011 at 10:13
588 posts

   davidfromkent posted:
   Can anyone tell me how often the account statement on here is updated please?
When I check the html version, last trade is on 21st Oct at the moment.

Started running this EA Tuesday, it took trades yesterday lunchtime and around 0320 this morning.
10k demo a/c now standing at 10415. Looks like I got lucky, starting with winning trades.

Main concern is on the drawdown and what size losses to expect, will have a better view of that once I have more results, but would be grateful to hear from others...


go here:
mt4i.com/users/mdpips-bfr
this demo account is correctly updated.

and remember a demo account is not the reality. you do not suffer delays like a real account, and (as you can read it here) this speed has a huge impact on the results!

fughe (fughe)
Oct 27 2011 at 10:18
724 posts

   ForexScam posted:
I don't think they Screen Comments or Magic Numbers, but run MDP themselves to trigger execution delay.


If that is the case, then they would have to stall all orders occurring anywhere near the price range in the same direction. Anything is possible.

Make losses, but always come out a winner at the end.
ForexScam
Oct 27 2011 at 10:21
1008 posts
I'll have to try that. Get the signal from MDP, and start manually sending orders on EURUSD

fughe (fughe)
Oct 27 2011 at 10:22
724 posts

   ForexScam posted:
  LOL. Really? I mentioned this as a possibility about a month back. It was more so me thinking out loud, but honestly.... I'm not surprised.

Has anyone noticed how the Prices on the CHART Do not correspond with the True Market Watch Box Data? Walker36 pointed this out and sure enough, my chart lines which I use for SL/TP were not hit, but the trades were closed out....
I also tested a Spread indicator that posts the Bid and Ask price on the chart, and its not the same as the M1 candles. Little off topic.

So has the NEW Pepperstone Server speed up execution besides when MDP fires a signal. Can you share some Execution numbers from your VPS to DataCenter in NYC? Thanks


One other possibility of the non-correlated price action and hitting of stops is the high probability of the ticks not being received by mt4 due to a high latency. High latency in this case would be anything over about 1-2ms.

Make losses, but always come out a winner at the end.
willgart
Oct 27 2011 at 10:22
588 posts
well... I try to open a trade during the pick, manually.
my broker is not good, I suffer too many requotes offprices etc...
and this manual trade fall in this problem I was not able to open the trade until the spike was at the maximum!!!!
(I'm waiting for my new account with another broker)

so its not only MDP which suffer issues.

davidfromkent
Oct 27 2011 at 11:06
2 posts

   willgart posted:
   

   davidfromkent posted:
   Can anyone tell me how often the account statement on here is updated please?
When I check the html version, last trade is on 21st Oct at the moment.

Started running this EA Tuesday, it took trades yesterday lunchtime and around 0320 this morning.
10k demo a/c now standing at 10415. Looks like I got lucky, starting with winning trades.

Main concern is on the drawdown and what size losses to expect, will have a better view of that once I have more results, but would be grateful to hear from others...


go here:
mt4i.com/users/mdpips-bfr
this demo account is correctly updated.

and remember a demo account is not the reality. you do not suffer delays like a real account, and (as you can read it here) this speed has a huge impact on the results!


Thanks Willgart. And yes, it will be interesting to see how it performs on my live account!

HedgeEdge
Oct 27 2011 at 12:22
51 posts

  One other possibility of the non-correlated price action and hitting of stops is the high probability of the ticks not being received by mt4 due to a high latency. High latency in this case would be anything over about 1-2ms.


I don't think the guys at Pepperstone are playing dirty tricks, at least on my ECN Razor account; also, chart data and market watch data match. My latency VPS ping test reports <2ms. Frankly, I'm quite happy with the EA's performance, nothing bad to report at all so far.

lobotomy8
Oct 27 2011 at 13:31
140 posts
Today majority of trades negative on my accounts so far, how about u guys ?

crashev
Oct 27 2011 at 13:33
320 posts
One of my broker is down, the other made negative, I think that was not a good spike for MDPips

Better to lose an oportunity than a money
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