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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
Jan 26, 2012 at 23:19
ForexMentor posted:
Ok so I purchased MDP and will try it on my new ECN.
However I set it up about 9 hours ago and as yet nothing?
Anyone else trading MDP that has had orders opening today on EURUSD
Many thanks
You will probably get some action during US Advance GDP tomorrow
Make losses, but always come out a winner at the end.
forex_trader_62865
Member Since Jan 27, 2012
5 posts
Jan 27, 2012 at 14:55
Hello there, I was wondering if you could give me your opinion on whether MDP and FFM are worth investing at the moment... ?
I was using FAP but heavy draw downs there... theres a new one I found online too called the forex sniper making some very big claims on their site in terms of how different it is but it doesnt seem to have been released yet... hmmmm .
Thanks in advance guys
I was using FAP but heavy draw downs there... theres a new one I found online too called the forex sniper making some very big claims on their site in terms of how different it is but it doesnt seem to have been released yet... hmmmm .
Thanks in advance guys
Jan 27, 2012 at 15:05
MDP has historical data and a lot of accounts available here.
has you can see for most of them its a profitable EA.
while FFM and sniper are new... there is more risk here.
So I recommend to go with MDP if you have a good broker with low spread and fast execution.
when you'll see 1 or 2 month of real data on the other EA you can get them. or you want to take some risks you can get them as quickly as possible... :)
has you can see for most of them its a profitable EA.
while FFM and sniper are new... there is more risk here.
So I recommend to go with MDP if you have a good broker with low spread and fast execution.
when you'll see 1 or 2 month of real data on the other EA you can get them. or you want to take some risks you can get them as quickly as possible... :)
forex_trader_62865
Member Since Jan 27, 2012
5 posts
Jan 27, 2012 at 16:30
Ok great stuff. Thanks for the advise. Well i decided against Fap based on overall reviews, and sniper, well I did message the owner but apparently its not out till June. Apparently ive just missed a limited pre-release lol.
So yeah I think MDP is the one for now :)
I'll be following sniper and fap in the meantime.
Thanks for the advise willgart :)
So yeah I think MDP is the one for now :)
I'll be following sniper and fap in the meantime.
Thanks for the advise willgart :)
Member Since Aug 15, 2011
117 posts
Jan 27, 2012 at 17:05
(edited Jan 27, 2012 at 17:15)
Hey folks,
no trades for you today?
-0.97 % 1st broker, +0.13 % 2nd broker. And: positive slippage at the last orders with 2nd broker!
Order execution/modification time is about 500 ms there and they are also properly regulated.
They claimed they would not have a problem with more MDP-users (ok, all brokers will probably claim that before 😄) as they have a extremely fast MT4-bridge (which most of the other brokers not use and that latency to "real" markets is the problem for MDP, I guess, not whether your have 2 ms or 15 ms latency to the broker from your MT4-platform. I am using a very cheap VPS with about 12 ms, by the way).
So, If there is some interest here, I might get an IB-contract and share with you the rebates (I hope this is allowed to be posted, don't bash me, if it is not). Send me a private message if you are potentially interested.
Good weekend to all!
[url=http://www.myfxbook.com/members/Fred_Forex/mdp-12-broker2/195878][img] http://www.myfxbook.com/widgets/195878/mini.jpg[/img][/url]
no trades for you today?
-0.97 % 1st broker, +0.13 % 2nd broker. And: positive slippage at the last orders with 2nd broker!
Order execution/modification time is about 500 ms there and they are also properly regulated.
They claimed they would not have a problem with more MDP-users (ok, all brokers will probably claim that before 😄) as they have a extremely fast MT4-bridge (which most of the other brokers not use and that latency to "real" markets is the problem for MDP, I guess, not whether your have 2 ms or 15 ms latency to the broker from your MT4-platform. I am using a very cheap VPS with about 12 ms, by the way).
So, If there is some interest here, I might get an IB-contract and share with you the rebates (I hope this is allowed to be posted, don't bash me, if it is not). Send me a private message if you are potentially interested.
Good weekend to all!
[url=http://www.myfxbook.com/members/Fred_Forex/mdp-12-broker2/195878][img] http://www.myfxbook.com/widgets/195878/mini.jpg[/img][/url]
Member Since Aug 15, 2011
117 posts
Jan 27, 2012 at 17:41
Sorry, forget to add: My 2nd broker can not take on US nationals/residents. And I additionally made my lots public in both my accounts, if somebody is interested.
Cheers!
Cheers!
Member Since Jan 24, 2012
53 posts
Jan 27, 2012 at 17:48
MDP Default Settings
Today one batch of trades on EURUSD (I only have EURUSD, purchased yesterday)
Testing on True ECN Broker that has no Requotes or Plugins
In total 6 Trades = 13.1 pips
4 Winners, 2 Losers, Although the losers by the look of it I think were trades trying to close at Breakeven and experienced a tiny amount of slippage
Account Growth 0.57%
SWEET!!
Today one batch of trades on EURUSD (I only have EURUSD, purchased yesterday)
Testing on True ECN Broker that has no Requotes or Plugins
In total 6 Trades = 13.1 pips
4 Winners, 2 Losers, Although the losers by the look of it I think were trades trying to close at Breakeven and experienced a tiny amount of slippage
Account Growth 0.57%
SWEET!!
Member Since Jan 24, 2012
53 posts
Jan 27, 2012 at 17:52
If anyone interested in the Data, here it is after the trades
😄
Attachments:
Member Since Jul 13, 2011
25 posts
Jan 27, 2012 at 17:58
More losses. -14% total this month.
Member Since Aug 12, 2011
40 posts
Jan 27, 2012 at 18:07
Gillinjahrel posted:
More losses. -14% total this month.
I notice your win percentage is 26% this year. I am at 51%. A few months ago I lowereded max sim to 1 and the results increased dramatically. Fewer trades but very little drawdown.
Dan
Member Since Jan 24, 2012
53 posts
Jan 27, 2012 at 18:13
Gillinjahrel posted:
More losses. -14% total this month.
Hi
Just out of interest...did you lose today?
Member Since Aug 12, 2011
40 posts
Jan 27, 2012 at 18:16
ForexMentor posted:
Gillinjahrel posted:
More losses. -14% total this month.
Hi
Just out of interest...did you lose today?
Yes, very small loss. Click on my name to see accounts
Member Since Jan 24, 2012
53 posts
Jan 27, 2012 at 18:26
Thanks Dan
If you lost today it might be a broker issue, xtreme scalping robots like this one are dependant on low spread and with zero broker interference, ie a true ECN as opposed to a fake ECN, put it this way if I was a broker Id interfere under the radar as much as possible to maximise porfits from clients, as most do ! However there are some ECN's that are honest...lol, yes true !! but you have to find them and then keep them to yourself :) What Tier level is your broker ? ie whats his pecking order in the market ??
Does your borker use plugins and do they requote, both are pretty much related, but just wondered if you knew or not.
Anyway I wish you good and profitable trading
Later
If you lost today it might be a broker issue, xtreme scalping robots like this one are dependant on low spread and with zero broker interference, ie a true ECN as opposed to a fake ECN, put it this way if I was a broker Id interfere under the radar as much as possible to maximise porfits from clients, as most do ! However there are some ECN's that are honest...lol, yes true !! but you have to find them and then keep them to yourself :) What Tier level is your broker ? ie whats his pecking order in the market ??
Does your borker use plugins and do they requote, both are pretty much related, but just wondered if you knew or not.
Anyway I wish you good and profitable trading
Later
Member Since Jul 13, 2011
25 posts
Jan 27, 2012 at 19:01
ForexMentor posted:
Gillinjahrel posted:
More losses. -14% total this month.
Hi
Just out of interest...did you lose today?
Yes. I changed max orders to 2 and added FFM, and it's not profitable what so ever.
Member Since Nov 03, 2011
8 posts
Jan 28, 2012 at 04:58
I'd bet the only reason for bringing out Forex Fast Millions is that sales of MDP have declined.
Jan 28, 2012 at 05:32
Well, I have ran a multitude of tests on FFM. It is similar to FGB. Long strings of BE and loss trading followed by huge wins. In 30 days, FFM should be showing a profit. In one week....you would just have to get lucky and have the big win hit....but it will most likely be followed by a long string of losses/BE trading. Definitely not for everyone, but it will work in the long run.
Make losses, but always come out a winner at the end.
Member Since Jan 24, 2012
53 posts
Jan 28, 2012 at 08:33
pipattackmaster posted:
I'd bet the only reason for bringing out Forex Fast Millions is that sales of MDP have declined.
Yeah and at $247 per copy if you sell a 1000 copies, quite a nice income also !!
forex_trader_38776
Member Since Jun 10, 2011
26 posts
Jan 28, 2012 at 12:34
Hi Dan.. I have lost much money in my thinkforex live account with MDP and now i don't dare to run it anymore. however, after i saw your result with MDP, i had decided to open IBFX live account in order to attache with MDP. If you don't mind pls share your account type, MDP version and setting. I'm looking forward to wating ur reply. Thanks and best regards..
