Million Dollar Pips讨论

Friday was 2 trades two losses on IBFX Australia, Axi trader and Synergy FX.

Something is definitely up with this EA -or- this kind of negative run just happens. Which one is it? I made almost 350 pips last month. I am negative this month. Is this worth sitting through or should we all run away as fast as we can?

   greglegrande posted:
   Something is definitely up with this EA -or- this kind of negative run just happens. Which one is it? I made almost 350 pips last month. I am negative this month. Is this worth sitting through or should we all run away as fast as we can?

This month market less volatility. Others scalping EA beside MDP didn't make good profit as well. So be patient.

Is there anyone using MDP with more than 10 lots per trade? If so, do you experiencing any big dd? Heard somewhere that Scalping EA which trade more than 10lots per trade in MT4 is dangerous and risky. Please advise.

If you trade 100k account 10 lots per position sounds just alright. Depending on broker, slippage can be a real issue though.

   mistificator posted:
   If you trade 100k account 10 lots per position sounds just alright. Depending on broker, slippage can be a real issue though.

Thanks Misty, Is there any different like latency, slippage etc, between buying 1lots and 10lots with a same broker? I heard that Serious Investor or Trader with huge capital they don't use MT4 for their trading.. I'm not sure if I'm right.

Actually things change a bit, traditionally yes, MT4 was a realm of minilot traders, but I know some big boys trading with it. The difference on real ECN broker would be extra slippage on 10 lots, on market maker or pretender ecn can be requote, off quote, or very slow fill with again slippage.

the problem exists with many of these multi bank feed places as most of the small banks on their network are only good up to 5 lots, then less up to 10 lots.... the higher the lot size the less banks that will accept the fill making slippage higher etc.

The last weeks are pretty quiet about MDP... Overall performance is still not bad, but we need some big profit trades 😇

Anybody know a good scalping EA or EA's like MDP?

   smithfx1 posted:
   The last weeks are pretty quiet about MDP... Overall performance is still not bad, but we need some big profit trades 😇

Anybody know a good scalping EA or EA's like MDP?

Ya, there are two.. but.. one is facing the guardian issue, another one is the price is ridiculous high! Here is the link u can check it out
https://www.myfxbook.com/community/trading-systems/numberone-impulsive-scalper/232951,25#?pt=2&p=27&o=232951
https://www.myfxbook.com/community/trading-systems/nmi-super-scalper/220967,1#?pt=2&p=12&o=220967

Does anyone know what were the settings when the EA won big in the summer last year? And What are the current settings suggested by the developer?

Thanks!

Standard settings. It isn't about the settings, it's about the market. EURUSD behaves totally different now that it was 6 months ago.

I just started testing the old version 1.16 in demo now. It already had a slightly positive trade last night, where v 1.2 had no trade. Maybe version 1.16 is better suited for the calmer market-condition now. But nothing from the developer, we have to figure this out ourselves (or give up MDP). 😞
Fred

I had some small trades on 1.2 set up more aggressively with small lots. Pretty much 1.1.6 is bit more aggressive, you can do same with 1.2 if you up your channels from 0-1 to 2-3 for example.

That's why I am asking for settings then and now - and official settings not private! I hoped someone will know the present settings - the thread is too long to go over!

   mistificator posted:
   I had some small trades on 1.2 set up more aggressively with small lots. Pretty much 1.1.6 is bit more aggressive, you can do same with 1.2 if you up your channels from 0-1 to 2-3 for example.

My account is setup on version 1.1.6 see my chart or my web site.
Garry

@yanbo: Not sure what you mean: The official account is using default settings and version 1.2.

aggressive is good :D

Hi Fred

Can u suggest settings for US based ECN broker please? I have a demo with 5000. Have another 30days to test mdp before money back ends. Sincere thanks Sachin