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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
Feb 21, 2012 at 11:17
(edited Feb 21, 2012 at 11:18)
crashev posted:
Yes that was funny to associate leverage with lot sizes ;]
It's really amazing that ppl trade forex and still don't know what is the leverage
Perhaps I didn't put it correctly. Sorry.
You can look into Dan's account here: http://www.myfxbook.com/members/tradinfool/dan-mdp/148717
He took 11.6 pips profit with 4.48 lots but he only gained US$ 51.97
On a 1:100 leverage it should be what? US$ 400 something?
So it doesn't matter if the EA uses 5 lots in his account, because the actual profit/loss is not that big
Member Since Aug 16, 2010
450 posts
Feb 21, 2012 at 11:17
(edited Feb 21, 2012 at 11:18)
A monkey can punch keys on a typewriter without knowing what the alphabet is..
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 16, 2010
450 posts
Feb 21, 2012 at 11:20
It has nothing to do with leverage. Some brokers use minis as their standards, i.e. 1.0 lot on some brokers equals 10 000 units, not 100 000 units. Leverage will only change the margin required to open a certain trade, not the size of the trade.
mikono posted:
crashev posted:
Yes that was funny to associate leverage with lot sizes ;]
It's really amazing that ppl trade forex and still don't know what is the leverage
Perhaps I didn't put it correctly. Sorry.
You can look into Dan's account here: http://www.myfxbook.com/members/tradinfool/dan-mdp/148717
He took 11.6 pips profit with 4.48 lots but he only gained US$ 51.97
On a 1:100 leverage it should be what? US$ 400 something?
So it doesn't matter if the EA uses 5 lots in his account, because the actual profit/loss is not that big
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 15, 2011
117 posts
Feb 21, 2012 at 11:21
Had not so many pips tonight as some others here, but steady wins the race. 50 % this month so far is not that bad.😎
Fred
Fred
Member Since Jan 14, 2010
411 posts
Feb 21, 2012 at 15:24
smithfx1 posted:
Today, +236.1 pips +13.48 gain. I don't know why so many talk bad about MDP, MDP makes money with the right setup... But more pips for me :)
Yeah maybe some lucky ones, but BEWARE of this scam:
Obviously there is something vendor doesn't want you to see...
Attachments:
Money makes more money $ ... $$$
Feb 21, 2012 at 15:30
again primevalea. and what? its the past the EA can't do it in the future, and as of today this EA works perfectly like the demo account in real accounts... so this is not a scam indicator, because the EA works.
and you know what? these filters are made because MT4 has historical issues in the dataset. there is problem causing all the EA to not working correctly for some dates in back test mode.
and you know what? these filters are made because MT4 has historical issues in the dataset. there is problem causing all the EA to not working correctly for some dates in back test mode.
Feb 21, 2012 at 17:42
(edited Feb 21, 2012 at 17:50)
Those settings printed here by the very counterproductive user named "primevalea" would affect the lot sizes for orders deployed between May 2009 and July and also for the entire May 2010. It is in fact a good thing that the lot sizes get smaller, they shrink with about 60% for that periods, minimizing the risk. It has nothing to do with the bot's engine. These settings are present in both version 1.16 and 1.2.
There is no scam. It's only "smart" and frustrated people that carry on looking for faults instead of studying and testing what conditions must be met in order that MDP would give the profits it was build for. So far I spent a few tens of euros for opening various broker accounts, opening VPS services, depositing and withdrawing money, paying commissions and taxes. I made myself an idea, I read other users opinions and advices and I can say FOR NOW that it's good to have MDP running.
By the way, as a personal finding, I reckon that 1.16 works better than version 1.2. I suspect this is because version 1.2 has an acceptable stop level of 3 pips while version 1.16 works fine only for brokers allowing minimum 2 pips for stop levels.
There is no scam. It's only "smart" and frustrated people that carry on looking for faults instead of studying and testing what conditions must be met in order that MDP would give the profits it was build for. So far I spent a few tens of euros for opening various broker accounts, opening VPS services, depositing and withdrawing money, paying commissions and taxes. I made myself an idea, I read other users opinions and advices and I can say FOR NOW that it's good to have MDP running.
By the way, as a personal finding, I reckon that 1.16 works better than version 1.2. I suspect this is because version 1.2 has an acceptable stop level of 3 pips while version 1.16 works fine only for brokers allowing minimum 2 pips for stop levels.
forex_trader_27164
Member Since Jan 16, 2011
69 posts
Feb 21, 2012 at 18:24
Last spike 20 trades and 248pips for me ....best day so far on real account of course. :)
Member Since Jan 14, 2010
411 posts
Feb 21, 2012 at 18:37
(edited Feb 21, 2012 at 19:02)
willgart posted:
again primevalea. and what? its the past the EA can't do it in the future, and as of today this EA works perfectly like the demo account in real accounts... so this is not a scam indicator, because the EA works.
and you know what? these filters are made because MT4 has historical issues in the dataset. there is problem causing all the EA to not working correctly for some dates in back test mode.
If it's a historical issue in the data-set then the EA should be programmed to avoid those invalid data periods with a "return(0)" or something but code is showing it's using different settings on certain periods/years and this only looks like curve fitting ...
So it's scam to curve fit an EA, unless you can do the same successfully now for the future and say:
if (Year() == 2013 and Month() == 5) {
.
.
.
} else if ((Year() == 2015 and Month() == 2)) {
.
.
.
}
etc...
😁
Money makes more money $ ... $$$
Feb 21, 2012 at 19:06
(edited Feb 21, 2012 at 19:08)
primevalea posted:
willgart posted:
again primevalea. and what? its the past the EA can't do it in the future, and as of today this EA works perfectly like the demo account in real accounts... so this is not a scam indicator, because the EA works.
and you know what? these filters are made because MT4 has historical issues in the dataset. there is problem causing all the EA to not working correctly for some dates in back test mode.
If it's a historical issue in the data-set then the EA should be programmed to avoid those invalid data periods with a "return(0)" or something but code is showing it's using different settings on certain periods/years and this only looks like curve fitting ...
So it's scam to curve fit an EA, unless you can do the same successfully now for the future and say:
if (Year() == 2013 and Month() == 5) {
.
.
.
} else if ((Year() == 2015 and Month() == 2)) {
.
.
.
}
etc...
😁
It's not a curve fitting. You're just speculating. Maybe you missed my post so I will write it again: the "if" only affects the lot sizes for the specified periods, making them smaller. I have decompiled the ex4 file and there is no such setting for the future.
Member Since Jan 14, 2010
411 posts
Feb 22, 2012 at 07:23
pianosso posted:
primevalea posted:
willgart posted:
again primevalea. and what? its the past the EA can't do it in the future, and as of today this EA works perfectly like the demo account in real accounts... so this is not a scam indicator, because the EA works.
and you know what? these filters are made because MT4 has historical issues in the dataset. there is problem causing all the EA to not working correctly for some dates in back test mode.
If it's a historical issue in the data-set then the EA should be programmed to avoid those invalid data periods with a "return(0)" or something but code is showing it's using different settings on certain periods/years and this only looks like curve fitting ...
So it's scam to curve fit an EA, unless you can do the same successfully now for the future and say:
if (Year() == 2013 and Month() == 5) {
.
.
.
} else if ((Year() == 2015 and Month() == 2)) {
.
.
.
}
etc...
😁
It's not a curve fitting. You're just speculating. Maybe you missed my post so I will write it again: the "if" only affects the lot sizes for the specified periods, making them smaller. I have decompiled the ex4 file and there is no such setting for the future.
T.I. What you know about that 😇?
Dedicated to everyone here 😀
Money makes more money $ ... $$$
Feb 22, 2012 at 07:45
(edited Feb 22, 2012 at 07:46)
Keep on doing what you do best. Use or don't use MDP. I choose to make money from "my naivety".
P.S. If it's fraud, what keeps you from suing Morisson? Do it and take back his millions you all long for. Good luck.
P.S. If it's fraud, what keeps you from suing Morisson? Do it and take back his millions you all long for. Good luck.
forex_trader_27164
Member Since Jan 16, 2011
69 posts
Feb 23, 2012 at 09:13
pianosso posted:
hagenuk posted:
Last spike 20 trades and 248pips for me ....best day so far on real account of course. :)
Do you use 8 simultaneous orders and version 1.2 ?
Yes I used AC8-NO1-SO8.
