Fred_Forex ' s Posts - lapu 3

Million Dollar Pips in Tirdzniecības sistēmas Mar 16, 2012 at 15:14

I am just getting back to my PC. I am rather speechless on the size of the loss in my IBFX account of almost 21 %, compared to the other accounts of around 2-8 %. I have to investigate this. But nevertheless, that's how MDP is trading. It just wasn't the right spike today for MDP.-Offset overflow-warning: This seems to be happening if the respective chart is missing some bars. MDP will trade again after some time. Just wait.Fred

Million Dollar Pips in Tirdzniecības sistēmas Mar 16, 2012 at 11:28

Hey Folks,why is the thread so quite? Is everybody gone for the weekend already? 😉Maybe somebody is still reading here and can confirm this:I think the internal publishing function of MT4, which can be used for uploading the trades to this site, often interferes with MDP trades and slows the order-handling. I noticed that the publisher tries to publish any new (pending-)order and maybe also modifications of orders. This is unrelated to the time-interval set for updating. When publisher is active, Metatrader is occupied and MDP can't work, because Metatrader doesn't support mult...

Million Dollar Pips in Tirdzniecības sistēmas Mar 14, 2012 at 10:19

Kaptain,you should consider switching off the automatic windows updates and do them manually at the weekend.For starting any software when the VPS is starting (without login) you can use the software "always up". I haven't heard about what v 416 comprises, but I don't think it could be harmful. I heard someone having successful trades yesterday with it. The next foreseeable trading chance for MDP is probably Bernankes speech later today.Cheers, Fred

Million Dollar Pips in Tirdzniecības sistēmas Mar 13, 2012 at 21:39

Not bad, Eddie, I see IBFX is trading now.Nothing for me there today: Metatrader had stalled and I didn't notice 😭. Almost +3 % on 2nd broker, again a small loss on 3rd.Fred

Million Dollar Pips in Tirdzniecības sistēmas Mar 12, 2012 at 16:28

@Misty:Yes, but taking commission does not mean the broker is 100% honest, it's just a first sign, that it COULD be that he is providing a conflict-free trading environment. I learned lately that many brokers claiming to be ECN do both: Marking up the spread AND taking commission.Regarding rebates I can understand that brokers try to get help attracting clients, but why don't they offer better trading conditions for customers signing up without an IB? This whole cash-back and rebate business is rather wrong-headed: Isn't it strange that we retail-traders have to sign up with IBs t...

Million Dollar Pips in Tirdzniecības sistēmas Mar 12, 2012 at 14:34

There will always be dishonest brokers. Therefore it is important to do your due diligence regarding all the aspects of a brokerage before you entrust your money to them. The mere fact, that there exists such a software to "manage trades", i. e. to simulate a deal-desk on the server-side, does not mean each and every broker is using it.Regarding the comment of Misty I like to add, that more and more brokers claim that they are STP or ECN, because they notice that clients want to trade the "real" markets and want to have tight spreads and are therefore looking for ECN-tradin...

BlackBox VPS in VPS Services Mar 12, 2012 at 14:08

Hm, how can uptime possibly be 99.99 % if they go down unexpectedly? My VPS has not gone down in about a year, only lost Internet-connection maybe twice (so I had to restart it myself). See my profile for a link to their website.CheersFred

IAMFx BBVPS MDP Live in Tirdzniecības sistēmas Mar 11, 2012 at 12:05

Hey Peter,congratulations on your results on this account. The monthly figures are even better than mine on this account:http://www.myfxbook.com/members/Fred_Forex/mdp-12/180951What was the worst in slippage you experienced and is this really MDP only?Would you recommend IAMFX overall?Cheers and good luck for your trading!Fred

Million Dollar Pips in Tirdzniecības sistēmas Mar 09, 2012 at 14:13

He got trades at IBFX, at similar times as I had at my 2nd broker:http://www.myfxbook.com/members/oldchartreader/oldchartreader/247371During those times spread was 2.7 and 2.6 maximum and 1.8 on average on IBFX. The spike in spread was earlier.Oh well, no trade means also no loss, at least.Good weekend everybody!CheersFred

Million Dollar Pips in Tirdzniecības sistēmas Mar 09, 2012 at 14:00

No trades at IBFX(AU) today at NFP! 😭2 independent trades at 2nd broker for a gain of 1.6 %, 1 trade at third, but loss of 0.5%!Very strange.Who else is sharing some results? Thanks.CheersFred

Million Dollar Pips in Tirdzniecības sistēmas Mar 08, 2012 at 21:17

No, according to my research and experience MDP will still trade after this error occured. I also had this error when I started trading a new account. It seems to be an error of an internal indicator.TschüssFred

Million Dollar Pips in Tirdzniecības sistēmas Mar 08, 2012 at 16:47

Yes it should. Did you use the reset-script? Because if not, even when restarting the Metatrader terminal, the speed-values will appear again after applying MDP to the chart. That is because MDP saves all the values to permanent variables of Metatrader. But maybe they couldn't be saved properly when shutting down the VPS?!Anyway, if there are no errors, you don't have to worry.Good luckFred

Million Dollar Pips in Tirdzniecības sistēmas Mar 08, 2012 at 16:05

It seems like the signal wasn't very strong today, as I also got a mixed number of trades on my three accounts: 4 trades, 1 and nil.And the third account has the lowest spread!@Eddie: Any errors in the trading-journal?@Greg: I know this happens when you set up a new account or have reset MDP with the reset-script. Because these times are measured while MDP is trading.Fred

Million Dollar Pips in Tirdzniecības sistēmas Mar 08, 2012 at 13:47

Yippee! MDP is worth the wait! Thank you Mr. Draghi! + 6.6 % on 1st account.To be continued?! 😎Cheers Fred

Million Dollar Pips in Tirdzniecības sistēmas Mar 07, 2012 at 15:45

There is nothing in the manual about it and I have always used FIFO=false. But I think you are right and found out an important thing! One can see the difference in trading here:Professor53 account with FIFO=true as he told us:http://www.myfxbook.com/members/Professor53/prof53-mdp-lawrence-nyc/163841- no exit by S/L in profitcompared to Dan's account using FIFO=false (see his post yesterday) and obviously with Hardstoptrailing=true at the same broker:http://www.myfxbook.com/members/tradinfool/dan-mdp/148717- MDP exiting trades with S/L in profitSo, what to learn from it?I still think that ...

Million Dollar Pips in Tirdzniecības sistēmas Mar 07, 2012 at 14:58

These settings are not connected. I always advise to leave Hardstoptrailing on true.Fred

Million Dollar Pips in Tirdzniecības sistēmas Mar 07, 2012 at 11:07

Oh, I have been mistaken, ECB is Thursday. I am already ahead in time 😳

Million Dollar Pips in Tirdzniecības sistēmas Mar 07, 2012 at 10:03

- Eddie is right with his post, I agree it will not work with a stop level of 5 full pips.- I thought IBFX handles FIFO internally for the US, not in MT4. See the statement on this page (lower part): http://www.ibfx.com/Platform/Free-Forex-Demo-Account But the statement is rather cryptic, someone would have to try it out or to ask them directly to be sure, I guess. But I think either setting is ok.It is possible that MDP only trades again on Friday, hopefully to our success!CheersFredAdd: I forgot ECB rate decision and press conference today, this could make MDP wake up, too 😀

MDP 1.2 in Tirdzniecības sistēmas Mar 06, 2012 at 10:23

Yep, that's right.

Million Dollar Pips in Tirdzniecības sistēmas Mar 05, 2012 at 22:10

Hey Garry,do you mean that it makes a difference for trading results and produces more profit? - I haven't tested fifo=true, but can not imagine why it should make a difference considering the trading-style of MDP.Fred

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