Million Dollar Pips Diskusia

   geektrader posted:
   Please read my whole message: I am selling it because I now run solely my own EA and MDP is to risky for my style of trading. I like steady low returns with drawdown of less than 3% over 10 years backtest, which my EA does.

And no, it´s not the broker in the spreadsheet (DCMForex) that I am recommending. Otherwise I wouldn´t have posted it public, right? Still it works good with DCMForex.

Thanks for the first bids so far, I will wait 48 hours for more bids, then sell it. Cheers.

Can you show your EA backtest with %3 DD over 10 years

   geektrader posted:
   OK, my MDP is for sale now (after confirming with William that he is Ok with this, which he is).

I sell it via PayPal to the highest bidder within the next 48 hours (via private message please) + you get my recommendation for a broker where MDP really works.

You will get full access to the members area for downloading the EA via the official site and of course can then activate the license for your account or for as many accounts as you want since this can be changed as often as you want through the MDP website instantly, but can of course only be used with one account at the same time. Makes it easy to test MDP with several brokers.

Apart from this you will get my personal broker recommendation that works perfect for MDP. All timings with this broker are at 300ms (execution time, open time, modify time) if you have a VPS in New York (that´s where the broker is located).

Slippage is below 1 pip for open/close, just what MDP needs. Additionally, if you want, I will give you a list of the brokers I´ve tested that DO NOT work, so that you don´t have to waste your time. I have had live accounts with all those brokers (over 8) and tested each of them with real money with MDP. Just this one broker I will tell you works really well and steady with MDP for me and should continue to do so as the liquidity is through Currenex and it´s a really true ECN broker which on top is very friendly with support and this broker is especially welcoming and inviting traders that do high frequency trading and also giving you support if you are unhappy with any of the trading-conditions (which I haven´t been so far).

Please PM me.

Merry Christmas.

P.S.: I am stopping MDP because I run my own EA now and have no further use for MDP as it is to high risk for my style of trading.

Uhmmmmm......okay. The ONLY reason i know of anyone wanting to get rid of MDP is due to it not being profitable. So, since you have found a broker that it succeeds on, why would you get rid of it?

He said it is too risky, and I tend to agree. If you configured 8 orders with 2% risk as per recommendation, you have an initial 20 pips stop loss on each (in case move is strong and all 8 are launched), and you are effectively running 16% risk instead of 2 as you might think, be move so violent or broker so lazy those orders won't get a chance to get modified to curtail the SL and lessen the risk.. That can be easily avoided by running 1 order only instead of 8, it can be bit bigger though, like 3-4%. MDP does rely some on multiple orders as it has gradual entry depending on violence of the move, but while it will remove some profits it will help to lessen drawdowns too. One of those killer moves that activated all orders we have seen when rumour of EFSF 1 tril was leaked (wrong one) and eu launched a rally of 100 pips late night with no pull backs. Many lost over 20% equity as MDP did several full scale trades and mostly lost. But there were good ones too - ECB cut the rate, big violent move but mostly winning, we gained over 10% back then. So basically what I am saying - yes MDP is risky but be market correct for it it is highly profitable. If you would like it to cater for lesser drawdowns - either cut risk parameter from 2 to 1 or less %, or lessen number of orders. In my opinion second is optimal. Also it will pose lesser requirements for brokers speed!

All being said I also have my EA I will start testing live after festivities, and if it can resemble it's backtesting (on Dukas tick data) feat even half as good - I will likely to lesser my risk on MDP as well but probably will still run it as my EA trades on similar premise but has different entries and exits and won't multiply same risk as MDP has...

I always say about that: max sim order number must be maximum '2'. If the users select 1-2 orders also there's no problem with the brokers server. Because of this i do not give my brokers name. Because i'm winning there and if i give the name all the MDP users come and with 8 number of trades settings they will unfit the server...

I am a few steps away from solving MDP problem of execution speed. I am currently working on completing MDP for faster trading platofms like JAVA Platforms.


Everything is going great for now. By the time am done, there would be no issues of Metatrader execution speed.

Who wants to be rich in 2012. MDP.java is almost Live. Whos with me on this ...

   MetaCoder posted:
   I am a few steps away from solving MDP problem of execution speed. I am currently working on completing MDP for faster trading platofms like JAVA Platforms.


Everything is going great for now. By the time am done, there would be no issues of Metatrader execution speed.

1. There is no execution speed problem.
2. The speed is not that important factor, I have accounts entering slower and being more profitable than
the fast ones.

More important than speed are settings. Although many think that default are the best I can see by my accounts that settings have to be adjusted to the broker - based on speed/slippage/requotes and so on. I have different settings for fast brokers, different for slower ones.

   crashev posted:
   

   MetaCoder posted:
   I am a few steps away from solving MDP problem of execution speed. I am currently working on completing MDP for faster trading platofms like JAVA Platforms.


Everything is going great for now. By the time am done, there would be no issues of Metatrader execution speed.

1. There is no execution speed problem.
2. The speed is not that important factor, I have accounts entering slower and being more profitable than
the fast ones.

More important than speed are settings. Although many think that default are the best I can see by my accounts that settings have to be adjusted to the broker - based on speed/slippage/requotes and so on. I have different settings for fast brokers, different for slower ones.

There is no Requote and Slippage on Java. MDP is not tweakable. Slippage, execution delay and requote kills it

How is this possible that there is no slippage on Java? Slippage is not a matter of platform but matter of the market.
That's nonsense for me.

btw. Which brokers do have those Java platforms besides Dukascopy ?

   MetaCoder posted:
   Who wants to be rich in 2012. MDP.java is almost Live. Whos with me on this ...

Whats the deal?😲

   crashev posted:
   How is this possible that there is no slippage on Java? Slippage is not a matter of platform but matter of the market.
That's nonsense for me.

btw. Which brokers do have those Java platforms besides Dukascopy ?

MT4 Demo= Live account on Java. Several brokers use Java based platforms as well as web based plaforms. GFT has beautiful plaforms. Markets.com is a good one as well. There are a handful of good Brokers who do

   ForexPro posted:
   

   MetaCoder posted:
   Who wants to be rich in 2012. MDP.java is almost Live. Whos with me on this ...

Whats the deal?😲

The deal is for You to stop only be a parasite and asking 'whats Your broker' in private or 'whats the deal' giving nothing in return .
ForexPro is the guy who would like to know what's the deal, what's Your broker, what EA do You use and You can tell him, but when You ask him what EA does he use for example here https://www.myfxbook.com/members/ForexPro/hss/144121
he will certainly not answer.

Hate such beahaviour of greedy people here.

crashev - you are absolutely right

   crashev posted:
   

   ForexPro posted:
   

   MetaCoder posted:
   Who wants to be rich in 2012. MDP.java is almost Live. Whos with me on this ...

Whats the deal?😲

The deal is for You to stop only be a parasite and asking 'whats Your broker' in private or 'whats the deal' giving nothing in return .
ForexPro is the guy who would like to know what's the deal, what's Your broker, what EA do You use and You can tell him, but when You ask him what EA does he use for example here https://www.myfxbook.com/members/ForexPro/hss/144121
he will certainly not answer.

Hate such beahaviour of greedy people here.

Forex is a tough business, not a charity event. If you don't like it, go back to your kinder garden. If you would switch on your brain before asking stupid questions, you would know which EA it is on the given example. Stop wining around, grow up kid!

Back to adults business.. @MetaCoder, whats the deal with trading mdp via java?

   MetaCoder posted:
   

   crashev posted:
   How is this possible that there is no slippage on Java? Slippage is not a matter of platform but matter of the market.
That's nonsense for me.

btw. Which brokers do have those Java platforms besides Dukascopy ?

MT4 Demo= Live account on Java. Several brokers use Java based platforms as well as web based plaforms. GFT has beautiful plaforms. Markets.com is a good one as well. There are a handful of good Brokers who do

Still think that the market dictates what slippage there is if any. It is no up to the platform.

   ForexPro posted:
   

   crashev posted:
   

   ForexPro posted:
   

   MetaCoder posted:
   Who wants to be rich in 2012. MDP.java is almost Live. Whos with me on this ...

Whats the deal?😲

The deal is for You to stop only be a parasite and asking 'whats Your broker' in private or 'whats the deal' giving nothing in return .
ForexPro is the guy who would like to know what's the deal, what's Your broker, what EA do You use and You can tell him, but when You ask him what EA does he use for example here https://www.myfxbook.com/members/ForexPro/hss/144121
he will certainly not answer.

Hate such beahaviour of greedy people here.

Forex is a tough business, not a charity event. If you don't like it, go back to your kinder garden. If you would switch on your brain before asking stupid questions, you would know which EA it is on the given example. Stop wining around, grow up kid!

Back to adults business.. @MetaCoder, whats the deal with trading mdp via java?

Even in Forex Bussiness or in 'adult business' people have certain rules. You have none.
You are just parasite.
Here You are brave and tough, but before that You were wining sending me question about what broker do I use for MDP.
That would be enough for others to not cooperate with You kiddo.

MetaCoder: if You get in business with ForexPro, he will screw You up for sure as probably others in myfxbook. That's just his adult business as parents taught him.

   crashev posted:
   

   ForexPro posted:
   

   crashev posted:
   

   ForexPro posted:
   

   MetaCoder posted:
   Who wants to be rich in 2012. MDP.java is almost Live. Whos with me on this ...

Whats the deal?😲

The deal is for You to stop only be a parasite and asking 'whats Your broker' in private or 'whats the deal' giving nothing in return .
ForexPro is the guy who would like to know what's the deal, what's Your broker, what EA do You use and You can tell him, but when You ask him what EA does he use for example here https://www.myfxbook.com/members/ForexPro/hss/144121
he will certainly not answer.

Hate such beahaviour of greedy people here.

Forex is a tough business, not a charity event. If you don't like it, go back to your kinder garden. If you would switch on your brain before asking stupid questions, you would know which EA it is on the given example. Stop wining around, grow up kid!

Back to adults business.. @MetaCoder, whats the deal with trading mdp via java?

Even in Forex Bussiness or in 'adult business' people have certain rules. You have none.
You are just parasite.
Here You are brave and tough, but before that You were wining sending me question about what broker do I use for MDP.
That would be enough for others to not cooperate with You kiddo.

MetaCoder: if You get in business with ForexPro, he will screw You up for sure as probably others in myfxbook. That's just his adult business as parents taught him.

Sorry, I cant waste more time with desperate and frustrated housewives talk.. and please, don't insult my parents anymore, jerk

   MetaCoder posted:
   Who wants to be rich in 2012. MDP.java is almost Live. Whos with me on this ...

I am interested, but my findings have shown that Dukascopy slips orders way too much for MDP-like scalpers to be profitable enough. Otherwise I am interested.

Java or not, the execution speed still here, requotes still here etc...
you can develop in Java for MT4 if you want...
and if you track the milliseconds required to evaluate the code in MT4, its very very low (calling 3 complex indicators and evaluate if a trade should be opened or not takes less than 1ms, only the opening time is long)

MT4 is old, and require a layer of communication which is not required with most of the other systems on the market (java, web or MT5 based)
for the execution speed and the requotes, the problem is not MT4 but the broker; if the broker has a bad system/bridge with slow communications with the banks and the others liquidity providers, then you'll still have problems.