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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

ForexPro
Feb 23 2012 at 13:28
382 posts

   Kaptain posted:
   For those debating which broker, FYI, I have two accounts from the same broker running on the same VPS and the same settings and I get different trading outcomes.

Sometimes one trades while the other doesn't

My the Pips be with you...



Synergy probably manipulates the data feed. I closed my acc. with them. Horrible customer service.

Fred_Forex
Feb 23 2012 at 14:33
117 posts
This morning +31.8 and +21.4 pips, 4 trades each.
Fred

memforex (memforex)
Feb 23 2012 at 14:35
119 posts
my ea didn't trade

thinkforex with birt settings and risk=0.8

don't understand

Fred_Forex
Feb 23 2012 at 15:27
117 posts
@ Dave: Could you please post birt's settings for us to discuss?
Thanks
And once again: Forget all the brokers that are 'recommended' by the vendor of MDP.
Fred

memforex (memforex)
Feb 23 2012 at 15:32
119 posts
Settings: all default, except: Risk 1.5, FIFO disabled; starting with 11.10.2011, Stop Orders, Hard Stop Trailing and AutoAdjust_ECN are set to false

I coonfigured Risk = 0.8


Why forget thinkforex? I've seen some demo forward test and also some real accounts and they sound good.

what broker do you suggest?

Fred_Forex
Feb 23 2012 at 16:30
117 posts
I would recommend to set AutoAdjustECN to false, but UseStopOrder and HardStopTrailing to true. Risk is up to you. Most people here also reduce the MaxSimultaneousOrders setting and up the risk instead.
You noticed yourself that you didn't have trades lately on Thinkforex. Did you check the trade journal for errors? Probably orders could not be opened because of price changes. Thinkforex is too slow in opening of orders and in modification of S/L, in my opinion and what I heard.
Could you provide a link to a good real account using Thinkforex?

People here don't like telling their broker, because they are afraid everybody will go there and overflow the trade-server of the broker, resulting in slow execution like on Thinkforex. But I am using IBFX(AU) successfully for months and others here as well. Performance is still good, see my 1st system.
Good luck!
Fred

memforex (memforex)
Feb 23 2012 at 16:48
119 posts

   Fred_Forex posted:
   I would recommend to set AutoAdjustECN to false, but UseStopOrder and HardStopTrailing to true. Risk is up to you. Most people here also reduce the MaxSimultaneousOrders setting and up the risk instead.
You noticed yourself that you didn't have trades lately on Thinkforex. Did you check the trade journal for errors? Probably orders could not be opened because of price changes. Thinkforex is too slow in opening of orders and in modification of S/L, in my opinion and what I heard.
Could you provide a link to a good real account using Thinkforex?

People here don't like telling their broker, because they are afraid everybody will go there and overflow the trade-server of the broker, resulting in slow execution like on Thinkforex. But I am using IBFX(AU) successfully for months and others here as well. Performance is still good, see my 1st system.
Good luck!
Fred


there are no errors in metatrader log and expert log
I've seen ThinkfForex demo of Birt did trade today, so the problem should not bet the broker.

Fred_Forex
Feb 23 2012 at 17:08
117 posts
There might have been some other problem on your hard-/software-side, but always remember that for MDP at least, demo results don't match real live results.
Ciao
Fred

memforex (memforex)
Feb 23 2012 at 18:16
119 posts

   Fred_Forex posted:
   There might have been some other problem on your hard-/software-side, but always remember that for MDP at least, demo results don't match real live results.
Ciao
Fred


I know I know, but I've just purchased it and I think the first step is let it work on demo, second will be a small live account...

wahjay (wahjay)
Feb 23 2012 at 19:19
41 posts
Hey everyone..

I'd like to know about how much is your ' average exec time ' , ' modify time ' etc.. ( when turning on show diagnostic ) .

See i have been trading with MDP but had many losses then i saw the problem was the latency i don't know why it's not normal... + it says Warning connection/broker too slow.. ??

thanks

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