Discussion Million Dollar Pips

   walker36 posted:
   Hı

HIDE ALL OTHER SYMBOLS AT THE MARKET WATCH EXCEPT the ones you are trading with.
MAX BARS IN HISTORY: 1000
MAX BARS IN CHART: 1000
you are killing your system resources


Right Click On the chart and refresh it.

this may help

   csa1234 posted:
   And again, i really need some help here, MDP support is not answering, it have been 1 week now since i sent them an e-mail. This is the error message im getting for the EURUSD, USDJPY and GBPUSD:

2011.09.26 17:22:07 MillionDollarPipsGBPUSD_1.2.0 GBPUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:03 MillionDollarPipsEURUSD_1.2.0 EURUSD,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9
2011.09.26 17:22:20 MillionDollarPipsUSDJPY_1.2.0 USDJPY,M1: WARNING M1 Graph gap found 2011.09.26 21:22 offset:9

I frankly dont know what to do. Im running this on a faster VPS with only 16ms to my Thinkforex LIVE account.

Any clues?

MAX BARS IN HISTORY: 2147483647
MAX BARS IN CHART: 2147483647

I have the same erros, i'm hungry...

   walker36 posted:
   Dear fughe

I have educated for this. reınstall only repair system files if they demaged or lost it does not load history. I am not offensıve or digging you posts to find mistakes. but giving uncorrect advise does help this trader. you can reinstall it 1000 times but the error that he mentioned will happen again. it is connection or broker data feed issue. Mt4 does not refreshing charts. also there is no command for that at mql4 language so it cant be done automaticly by the EA. so this has to be done manually. and the issue this tarder has is that.

he should refresh the charts to fill the gaps or missing bars. thats all. the problem he is facing is a common problem for MDP. especially when market is fast and during the asia sesion open.

having <50 ms latency does not mean that connection is healty.

regards
walker

   fughe posted:
   Re-installing makes perfect sense but only if you put thought into it. It is a complete re-initialization of the history. That is why, I suggest this as a last resort if downloading the history doesn't work.

do you have use this million dollar pips, how it working ? can it trust ?

   milliondpips posted:
   I will be releasing a live account result soon.

where is the live account result ?

   chromeie posted:
   

   milliondpips posted:
   I will be releasing a live account result soon.

where is the live account result ?

do you think that we are here discussing MDP on demo accounts ?
all 594 post are just for demo ? 🙄

I think all live servers of TF are down now, so we receive the 'gap error'. Try to log in and you'll see...

Ok, all are back now.

   chromeie posted:
   

   walker36 posted:
   Dear fughe

I have educated for this. reınstall only repair system files if they demaged or lost it does not load history. I am not offensıve or digging you posts to find mistakes. but giving uncorrect advise does help this trader. you can reinstall it 1000 times but the error that he mentioned will happen again. it is connection or broker data feed issue. Mt4 does not refreshing charts. also there is no command for that at mql4 language so it cant be done automaticly by the EA. so this has to be done manually. and the issue this tarder has is that.

he should refresh the charts to fill the gaps or missing bars. thats all. the problem he is facing is a common problem for MDP. especially when market is fast and during the asia sesion open.

having <50 ms latency does not mean that connection is healty.

regards
walker

   fughe posted:
   Re-installing makes perfect sense but only if you put thought into it. It is a complete re-initialization of the history. That is why, I suggest this as a last resort if downloading the history doesn't work.

do you have use this million dollar pips, how it working ? can it trust ?

There is no 'authorized vendor live account'. As far as can you trust it....that is a bit mixed. The system and concept behind it are great. The implementation is a nightmare. The biggest problem is the only problem that you will have no control over....the broker's ability to get good fills on the trades and good exits on the closeout.

that current drop on EU should have triggered some Longs. Let's see

   fughe posted:
   

   walker36 posted:
   I dont see any data feed delay here.

regards
walker

''High Frequency Trading System
High-Frequency Trading or (HFT) basically is a trading method which is based on speed on execution of trading signals. A high frequency trading system can process information in a split second making it quicker than a human can do and this is supposedly an advantage but is it? High frequency Forex trading is the big buzz word and very popular but can it give you a trading edge? Let's look at the logic of this trading method in more detail

High-frequency trading systems look to do a large-scale turnover of positions, with the objective of making small regular profits and the trades are normally always shut within minutes, although some may be allowed to run to the end of the day session.

The systems are based on three different ways of price analysis:

😎They can used to judge and trade investor sentiment. For example, news story comes out or there is an economic number realize. A trading signal can be placed in the market by the algorithm to get the order in, before the vast majority of traders have a chance to respond and then, the system quickly make a profit.

Different Trading Methodologies

HFT Volatility trading systems work on the basis of taking advantage of a relative price movement rather than absolute price movement. The objective is simply to harness volatility, to make money and the overall direction of the trend is not a major consideration.

HFT Arbitrage trading systems look to take advantages of imbalances within related markets and look to take advantage of moves which lead to re adjustment of these discrepancies.

😲Statistical arbitrage is popular with major banks and brokers, where there trading systems trade a wide variety of pairs which are correlated and looking for opportunities to trade them as a group to make profits.''

You know what? It went right over your head. You completely missed it. You are so completely determined to be right that you can't think outside your box.

HFT arbitrage takes advantage of the differences in price feeds from the major sources. This causes the re-balancing of the price between the sources. The arbitrage that is being referred to in this forum discussion is NOT HFT arbitrage. They have been seeking the speed of execution of different brokers to be able to take advantage of the different prices. If the speed of execution was unimportant, then it would be standard HFT-type arbitrage. It isn't. From what I have read, the search is for the fastest and slowest brokers. So it is mt4-style arbitrage which is the difference caused by a slow and fast brokerage. Yes, it is still buying low and selling high, or selling high and buying low.....as are all intended transaction in forex. I am trying to point this stuff out so it doesn't confuse people. Stop trying to enforce your need to be right. Just accept the fact that we are explaining the same thing in different ways.

I tried arbing 2 MT4 brokers with MDP's strategy, it doesn't work, not realiably anyway, the best way is to directly target MDP users, as there are so many of them it's easy to take the other side of their trades and force them to loose. There's loads of MDP users on gomarkets and they are all loosing now anyway, I reckon there's other guys out there running counter MDP bots on GM, this is what's ended the party (for MDP users) and started our party, those that get STP'd to the market feel the wrath of the institutational HFTs who have admitted to using slug16 to counter trade MDP.

I'm talking traders with mega lots in their pockets, enough to shift all that MDP money around.

You're a sick predator, leerees

   ForexScam posted:
   that current drop on EU should have triggered some Longs. Let's see

Yep. MDP got that signal. =)

   stoneflash posted:
   You're a sick predator, leerees

I'm sure that's what manual traders think about you, and pit traders think about manual traders.

You should stop taking drugs for starters. To target MDP users you need to be a broker and then you can target MDP users who trade with you, but they will leave you pretty soon, or another smart ass will see you have a divergence from a feed from EBS or Reurters and will arb the ass out of you and leave you shattered to pieces. If it would be so simple everybody would be doing it. But sure, talk costs nothing. The only thing institutional HST can target is another institutional HST.

PS one full month in, 54% gain with 1.5% risk and never more than 5% DD. Haha.

Actually, HFT systems can target 3rd tier traders since they are in the 2nd tier of the market. This is because of the interaction between the brokers and their liquidity providers in connection with the liquidity providers and 2nd tier trading. Liquidity is liquidity. It doesn't matter where it is. If Bank of America has a transaction to exchange 10,000 euro for usd, and I am the only person on the planet who initiates a trade to exchange 10,000 usd for euro....my order will be matched with theirs. Even though they are tier 1 and I am tier 3. Now, the chance of that particular transaction ever happening is basically zero. But the scenario is legitimate. My order would not be matched directly to theirs, but would be filtered through several levels to make the match. My point is, don't delude yourself into thinking that any system in the market cannot affect you and you cannot affect any other system. The market is completely interconnected. Granted, it is much less likely for tier 1 transaction to interact with tier 2 than tier 1, and even more so for tier 3. Suffice to say that the interaction is very complex. Plus, it would be incredibly easy for someone to setup an HFT system via their own brokerage that would interact directly with tier 3 traders.

   mistificator posted:
   You should stop taking drugs for starters. To target MDP users you need to be a broker and then you can target MDP users who trade with you, but they will leave you pretty soon, or another smart ass will see you have a divergence from a feed from EBS or Reurters and will arb the ass out of you and leave you shattered to pieces. If it would be so simple everybody would be doing it. But sure, talk costs nothing. The only thing institutional HST can target is another institutional HST.

PS one full month in, 54% gain with 1.5% risk and never more than 5% DD. Haha.

LOL, you are wrong, you do not have to be a broker, anyone can target anyone, be it on a 5min chart or a 3s 'chart', as for HFT's well institutional HFT's provide the majority of liquidity to the market, without the HFT's there are wide spreads. They arb out the spread differences, but they also run bots to counter commercial EA's. I have one of them running on my system right now. I can't be bothered to provide youtube video proof because I don't care about you or your $50 account with 54% gain. Your loosing MDP trades will come just like everybody elses and you will end up with a blown account, just like everyone else.

Your ignorance is your enemy, and ultimately the endgame for your trading account.

You see the winning demo accounts and you want to believe, bit like those ufo madmen and ghost hunters.

   leerees posted:
   

   stoneflash posted:
   You're a sick predator, leerees

I'm sure that's what manual traders think about you, and pit traders think about manual traders.

I am a manual trader. Deliberately targetting newbie bot traders with their $200 accounts & a recent layoff slip in their pocket, trying to make the house payment is like going out & mugging a crippled old lady just for the sport of it..
This ain't the place to brag about it, Lee

   stoneflash posted:
   

   leerees posted:
   

   stoneflash posted:
   You're a sick predator, leerees

I'm sure that's what manual traders think about you, and pit traders think about manual traders.

I am a manual trader. Deliberately targetting newbie bot traders with their $200 accounts & a recent layoff slip in their pocket, trying to make the house payment is like going out & mugging a crippled old lady just for the sport of it..
This ain't the place to brag about it, Lee

I'm not here to brag, I'm trying to warn people away, especially newbies. I'm hoping the newbies will read my posts and think twice.

Of course if they are just going to argue and call me a lier then it's their loss isn't it, I tried and in my book that's the karma rebalanced ;-).

Just want to remind everyone at this point..... Trading forex is a ruthless business. For every trade you win, someone had to lose their money on the other side of your trade. This is one of the most cutthroat businesses on the face of the Earth. The best you can hope for is to be able to always be one step ahead of your opponent.

FX is full of big mouths. Running an EA that pretty much is doing opposite to MDP on a broker where MDP works badly (this is what you do) has nothing to do with targetting MDP. To target MDP you either need to be able to move the market, to move market even by 2-3 pips to hit MDP SL you need to come in with at least 50 Mio to start with, or you need to be a market maker where you can manipulate the feed. I am 100% sure you aren't either. Please educate yourself before continuing this conversation.

   leerees posted:
LOL, you are wrong, you do not have to be a broker, anyone can target anyone, be it on a 5min chart or a 3s 'chart', as for HFT's well institutional HFT's provide the majority of liquidity to the market, without the HFT's there are wide spreads. They arb out the spread differences, but they also run bots to counter commercial EA's. I have one of them running on my system right now. I can't be bothered to provide youtube video proof because I don't care about you or your $50 account with 54% gain. Your loosing MDP trades will come just like everybody elses and you will end up with a blown account, just like everyone else.

Your ignorance is your enemy, and ultimately the endgame for your trading account.

You see the winning demo accounts and you want to believe, bit like those ufo madmen and ghost hunters.