To use chat, please login.
Back to contacts

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

Pakfx
Aug 05 2011 at 16:43
286 posts
same here got 30 plus trade on my desktop system got some good result today.
note: live cent account im using.
today it make 1.40$ with min lot ,as its cent account its enough for testing.😈

Press F1 for help or Dial 911.
Professor53
Aug 05 2011 at 19:39
795 posts
I just now bumped up my risk to 2% my IBFX is usa based so I have to turn on the fifo setting. Im hoping 2% will let me keep up with the growth the same as the mdp web site. Im also going to make some small deposits each week of about $50. Im still using the vps. I think I will pay for the full yr to make sure I have no future problems with my vps. ALOHA..

Click on my Name to see My Live Charts and Bio.
Professor53
Aug 05 2011 at 23:55
795 posts
OMG finfx demo had 52 trades today! it doubled in one day with default settings. Finfx emails me a daily report so I can read it on my apple 4. Cant want till I get home to see what my IBFX live cash account did!

Click on my Name to see My Live Charts and Bio.
dennerle
Aug 06 2011 at 07:52
71 posts
What are the settings for this MDP?

Slow and Steady Wins the Race :)
Professor53
Aug 06 2011 at 16:41
795 posts
Settings? Most are default. Its a scalper so.. a vps is mandatory to get positive results. Must have a fast low spread broker.Im using IBFX but I think Finfx.fi would be better. with finfx its trouble just putting money into your account cause you have to pay a % in fees to money bookers dot com and I dont like that. If your in the USA, change fifo to true. Id leave risk at 1.5 cause there are some losses but at weeks end your almost always in the profit. Stop loss is 8 pips and it does hit it but there are larger wins than losses. My wife wants a copy now and wants me to set her up a account. Its nice to have a profitable bot that has a low drawdown of 1.5 % risk. Im running a demo on 2% to test the ratio of win versus loss. Id like to hear from more people that have live tested the jpy version. the primary eur/us pair works great! See my other posts to view my live small account with investor accesss. If you had it set up correctly with 10K you could easyly retire in 2 weeks!( no joke) I dont have big money, so Im starting small with a $300 dollar deposit and we are growing fast! I ahve another account with leopro and megadroid on them and Im moving things around to put MDP on them. Friday I had 50 trades. Average time of live trade is about 5 secs to 3 min. THey flash on and off and your out of the trade! No long term draw downs!

Fridays are now our friend due to the wonderful spikes that use to kill my trades. Now I capitalize on those same spikes! Revenge is sweet. 😀

Aloha

dennerle posted:
    What are the settings for this MDP?

Click on my Name to see My Live Charts and Bio.
mcymcy (mcymcy)
Aug 06 2011 at 17:05
270 posts

Professor53 posted:
    Settings? Most are default. Its a scalper so.. a vps is mandatory to get positive results. Must have a fast low spread broker.Im using IBFX but I think Finfx.fi would be better. with finfx its trouble just putting money into your account cause you have to pay a % in fees to money bookers dot com and I dont like that. If your in the USA, change fifo to true. Id leave risk at 1.5 cause there are some losses but at weeks end your almost always in the profit. Stop loss is 8 pips and it does hit it but there are larger wins than losses. My wife wants a copy now and wants me to set her up a account. Its nice to have a profitable bot that has a low drawdown of 1.5 % risk. Im running a demo on 2% to test the ratio of win versus loss. Id like to hear from more people that have live tested the jpy version. the primary eur/us pair works great! See my other posts to view my live small account with investor accesss. If you had it set up correctly with 10K you could easyly retire in 2 weeks!( no joke) I dont have big money, so Im starting small with a $300 dollar deposit and we are growing fast! I ahve another account with leopro and megadroid on them and Im moving things around to put MDP on them. Friday I had 50 trades. Average time of live trade is about 5 secs to 3 min. THey flash on and off and your out of the trade! No long term draw downs!

Fridays are now our friend due to the wonderful spikes that use to kill my trades. Now I capitalize on those same spikes! Revenge is sweet. 😀

Aloha

dennerle posted:
    What are the settings for this MDP?



I made speed tests with 'extest'. The most fast execute broker is ibfx and iamfx. finfx has not got fast execute speed.

DMFXTrader
Aug 06 2011 at 21:43
61 posts

mcymcy posted:
  
I made speed tests with 'extest'. The most fast execute broker is ibfx and iamfx. finfx has not got fast execute speed.


What is 'extest' and could you post the actual results?

Thanks :)

jsantos3
Aug 06 2011 at 22:48
272 posts
Professor53, I have finfx ECN trading another ea. It's not great broker on live. Just demo is great -- fake money. So I wouldn't trust it with MDP.

mcymcy (mcymcy)
Aug 06 2011 at 23:30
270 posts
https://forex-expats.com/recommended/

Tty this with your broker. And pls share your results

pipsquick1957 (pipsquick1957)
Aug 06 2011 at 23:43
172 posts
Professor53, FYI, IBFX does not have low spreads like you claim, here is a link that shows the most of the top brokers and there average spreads for all sessions, and you will see that IBFX is way down the list. https://www.mt4i.com/spread/symbol.aspx?symbolid=11

 Of course Think Forex and Pepperstone are not on that list, but I can assure you that they both have very low spreads and very fast execution, and would probably be in the top 5 for average low spread.

 Its so unfortunate that you US residents have to put up with US brokers and all of the BS NFA regulations like FIFO, and in case you didnt know, most brokers outside of the good old USA cannot and do not open accounts for any US resident.

 I am in Canada and have the choice of any broker that I choose, but will not open an account with any US broker because of all the NFS bs.
 

Please login to comment .