Discussion wakeel-mdp

كل عام وأنت بخير

Which server you are choosing at Hotforex mt4 ?

is it ''Data Center Europe 1'' ??

Mr_10_pips posted:
    
كل عام وأنت بخير

Which server you are choosing at Hotforex mt4 ?

is it ''Data Center Europe 1'' ??

yea

Thanks for the info. I'll give it a try.
jdwaldrep

wakeel posted:
    

jdwaldrep posted:
    Abdulwakeel,
Thanks for all your posts. I've seen how you help on other sites with MDP. I see your settings, but what are your settings for:
Slippage
Funky Exit
Trailing Resolution
Use Stop Orders
Hard Stop Trailing

Thanks again for your help.

jdwaldrep
 

basically @ default

Slippage=3
Funky Exit=true
Trailing Resolution=5
Use Stop Orders=true
Hard Stop Trailing=true
Apply ECN=true (if on hotforex, this will auto change stop orders to false [cos that of hf is 3 and mdp requires <=2] and leave hard stop as true)

@jdwaldrep: you're welcome

wakeel posted:
    

FxProfiler posted:
    Hi wakeel,

nice job here 😉

the execution is better for you since monday ?

we had today SO=4 in our test and all where open in no time. about ECN with lower deposite, is nothing special when you know which guy's you have to contact and with the right IB 😉

anyone here with questions around HotForex and accounts can send a PM and we help.

good weekend

broki😄

FxProfiler's also an IB for hotforex too, so you guys can send him a PM if interested in opening an acc with hotforex

The sky is the limit.😎

hi abdulwakeel lets say i have the risk at 1 % how many lots do you think the mdp will trade with an account of 1000 usd?Thanks

dunno, open a $1000 demo account and run mdp on it with 1% to see what it'll result to, together with the simultaneous orders you wanna choose

Hi Wakeel,

Nice results you have! I'm wondering if you could answer a couple of questions, what avg exec time, open time, modify time, and avg requotes are you getting? Mine are 5468, 3750, 5930, and 0.06. With modify time, it is >1000 and the ea recommends lowering simultaneous orders. I'm just wondering if you're getting similar readings. Thank you.

yea mine's usually way above 10000ms @ times. but i kinda changed my magic numba 2 reset the timers this week, and mdp hasn't taken any trades yet. so no timers yet on my chart. but i've attached a previous one i saved about 2 weeks ago for you to see

thanks for that, mine are higher than yours, not sure how this is gonna affect profitability in the long run, but will have to wait and see. all the best with your trading.

rsflint posted:
    thanks for that, mine are higher than yours, not sure how this is gonna affect profitability in the long run, but will have to wait and see. all the best with your trading.

well it's with high exec timers i had those profits. i had to reduce my Max SO to 2 just as it was suggested on the chart and i've been beta off with it

Hey wakeel,

The holiday season is right around the corner, and most markets tend to go berserk between October and December. Ever consider doing an MDP backtest for this time period? I mean a REAL backtest with precise, quality data complete with trades and settles, and trade volume on every tick; not that MQL4 junk, too haphazard and incomplete. There are a couple of places I can think of to retrieve such data at a fair price:

   cqgdatafactory.com has a fairly extensive search and retrieval engine. They hold huge amounts of data, but only include ticks with bid/ask and trade volume from February 22, 2007 forward.

   forextester.com just opened a new data service on their site. For VIP members, their data includes 1-minute historical data and real tick data, but only for a handful of brokerages (HotForex not included).

The output from both sites is in CSV format. Nowadays, that's an easy workaround. Just Google “.csv to .hst conversion”. I found this link on it the first go 'round: https://www.moneymakergroup.com/Forex-Data-Converters-t185540.html.

If you can think of any other data centers, please reply.

Just a little FYI

thnx bro, not thought of it but will look into that

but according to william (the developer), mdp can be traded all round the clock, 24/7/365-6. i asked him this personally

Hi,
Can you say complete set MDP or send mail to [email protected]
I have a result today -23 pip: (

I try to repeat your results



interesting set:
NumOrders_Level=0
Additional_Channels=8
Max_Simultaneous_Orders=2
FIFO=0
AutoApply_ECN=1
Risk=7.00000000
Use_Stop_Orders=1
Hard_Stop_Trailing=1

wakael: how is it possible that we have same settings and same VPS but we do have totally different results ?

https://www.myfxbook.com/members/crashev/mdp/160301

Hi crashev
But we have the same results.
:)

crashev, I can't tell much regarding your $ profit since you've got that locked, but based on the lot size and pips returned it looks like your running a standard/mini account (like mine), not a Currenex ECN (wakeel's). Relax, buddy, I think we all got a little b*tch-slapped this morning. In fact, you got 2 more trades than I did and BOTH were in profit! Check it out.

https://www.myfxbook.com/members/mlm_busopp_1/million-dollar-pips-116-my/160141

wakeel, no doubt we CAN run MDP during the holidays. The question is, SHOULD we and at what risk level. Notwithstanding the MQL4 backtests already run, I'd like to know what real impact we should expect running this thing at that time, volume, requotes and all. Keep in mind, MDP hit the ground mid-year this year. It's never been run live during the holidays. Something to keep in mind. 😉

mlm_busopp: I unlocked profit, my account is currenex ECN, not standard.

I don't know myfxbook interface so well yet, so have to find out how to do it.

Anyway my account is Hotforex currenex account. I use settings as Wakael, also risk at 12%. I changed today
after transaction FIFO from true to false.

I also changed the FIFO from true to false, test and use these settings.