Million Dollar Pips EURUSD (Oleh milliondpips)
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Million Dollar Pips EURUSD Diskusi
Anggota Sejak Sep 16, 2011
5 pos
Sep 23, 2011 at 10:39
Anggota Sejak Sep 16, 2011
5 pos
hi friend , i really need some help, i am using MDP 1.2 on a pepperstone live account 300$ deposit and i am hardly able to survive initially i was usinng default setting , then i changed my risk to 1 , Additional channels to 8 , can you help me with the best settings . i would really a great help for me .
Thank's
Thank's
Anggota Sejak Sep 25, 2011
4 pos
Sep 25, 2011 at 20:47
Anggota Sejak Sep 25, 2011
4 pos
What broker are you using? MDP aims to get many small (low pip) trades. You need a broker with a good EURUSD spread. ThinkForex is recommended, they also offer a free VPS. I am about to start a demo account using MDP on ThinkForex, I will let you know how it goes.
Also don't forget to use Fundamental analysis as well as your EA.
Also don't forget to use Fundamental analysis as well as your EA.
Sep 25, 2011 at 22:45
Anggota Sejak Jan 31, 2011
724 pos
There is no magic setup with MDP. This EA has shown to be the most difficult EA to setup and run profitably of any EA that has traded profitably ever. pepperstone is pretty much the absolute best broker to trade with of the recommended brokers. Most likely, you will not experience anything better than what you have been experiencing. Your only real option left is to use the group trades option and try for one good trade instead of several trades, which increases the difficultly of trading profitably exponentially.
Sorry for the lack of good news on this EA. The reason for the problems with it is---
#1 too many traders using the same system, and the system is a reversal scalper. The liquidity pool is dried up super quickly so the slippage continues to get worse and worse.
#2 trading on an MM style broker is no good. They make money when their clients lose money. If you are continuously successful, most likely you will have your account cancelled by the broker.
Whatever track record you have shown with MDP is likely going to continue, and even more likely, the performance will decrease as more and more people try to trade MDP. Good luck. You will need it.
Sorry for the lack of good news on this EA. The reason for the problems with it is---
#1 too many traders using the same system, and the system is a reversal scalper. The liquidity pool is dried up super quickly so the slippage continues to get worse and worse.
#2 trading on an MM style broker is no good. They make money when their clients lose money. If you are continuously successful, most likely you will have your account cancelled by the broker.
Whatever track record you have shown with MDP is likely going to continue, and even more likely, the performance will decrease as more and more people try to trade MDP. Good luck. You will need it.
Make losses, but always come out a winner at the end.
Anggota Sejak Dec 15, 2010
795 pos
Anggota Sejak May 24, 2011
1 pos
Anggota Sejak Jan 20, 2012
2 pos
Jan 22, 2012 at 21:10
Anggota Sejak Jan 20, 2012
2 pos
I have had this EA running on my live acc for about a week now and so far 5 trades with 4huge gains of 100+ pips and 1 small loss of around 10.There are many more reviews about this EA on Donnaforex.com,check it out and you will find this a very good community for forex traders.
Mar 11, 2012 at 12:12
Anggota Sejak Mar 11, 2012
2 pos
in my opinion for scalping trailing should not be used. i havent used that rather so many others but no use waste of money & Time.
look for long term strategies they might make some profit. and short stop loss are the killer for any strategy.
look for long term strategies they might make some profit. and short stop loss are the killer for any strategy.
Anggota Sejak Jan 22, 2010
35 pos
Jun 25, 2012 at 09:49
Anggota Sejak Jan 22, 2010
35 pos
https://www.myfxbook.com/members/QuantumTrading/newsscalper1/333755 try this scalper is also very effective
Anggota Sejak May 25, 2012
1 pos
Jul 16, 2012 at 08:41
Anggota Sejak May 25, 2012
1 pos
This System doesn't work on real account with any broker.....
See this article (https://articles.mql4.com/163) and you will understand why...
No hard feelings.....
See this article (https://articles.mql4.com/163) and you will understand why...
No hard feelings.....
forex_trader_79941
Anggota Sejak Jun 06, 2012
1439 pos
Jul 18, 2012 at 15:47
Anggota Sejak Jun 06, 2012
1439 pos
a great link.
shoebhussaain posted:
This System doesn't work on real account with any broker.....
See this article (https://articles.mql4.com/163) and you will understand why...
No hard feelings.....
Anggota Sejak Aug 12, 2011
40 pos
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