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Million Dollar Pips
v
Obchodní systémy
Dec 08, 2011 at 09:28
The problem is, when you reduce your risk....you are also taking the chance of missing out on the set of trades that will make up for all of your losses, and then some. With a system like this, you need to trade with a fixed risk at all times, whether that be high or low. if your broker doesn't deal well with MDP...either stop using MDP or switch to a better broker for MDP.
Million Dollar Pips
v
Obchodní systémy
Dec 08, 2011 at 02:09
I paid $99 for my license and the first set of trades it opened made me $1200. Just saying.....😄
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 08, 2011 at 02:00
is correct. When you put an MA on a chart, no matter when you add the MA to that chart, it will always display in the same place. What I am talking about is using the bars of a lower timeframe to build a higher timeframe, which is what TEA does to do it's higher timeframe calculations.Here is how it would work. (reference: TEA is on a 1 min chart) If you add the ea to the chart at 0 gmt....the beginning of a 1hr bar will start its calculation with the 1 min bar of 0 gmt. IF TEA was added to the chart at....lets say 0:17 gmt, then the 1 hr bar calculation will start building up at 0:17 gmt....
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 08, 2011 at 01:05
I went ahead and gave TEA a 5 after having run a backtest over this last year, and after you having explained the system in greater detail publicly. The whole secrecy thing is always a major warning, so please avoid that in the future. Not revealing information up front is the same as secrecy.
Million Dollar Pips
v
Obchodní systémy
Dec 07, 2011 at 14:22
Wow. 7 trades +112 pips on one acc, and 7trades +73.4 pips on the other acc. Today must have been a good day for MDP. 😁
Million Dollar Pips
v
Obchodní systémy
Dec 07, 2011 at 12:33
I checked my other account. I did get 2 trades on that one. both loss.
Million Dollar Pips
v
Obchodní systémy
Dec 07, 2011 at 11:05
Not me. I got no trades yesterday except my manual stuff.
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 07, 2011 at 02:16
Well, Tradingshed already pointed out that he was the one who asked fo them. Personally, I don't care. If i want the magic numbers, I will get them. It would be easy enough to add some code to the EA and tell it to spit out the MN's for me and then run it on a demo, or backtest. To be honest, I am quite surprised they are being secretive about it. There are some people that could run into conflict issues with other EAs if they keep them hidden. Does not make sense to keep them secret. But, as I said....I don't care what they are at this time.
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 06, 2011 at 19:56
the magic number is one of the least important things to keep secret about an EA.
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 06, 2011 at 15:50
I am not selling an EA. This is just my manual trading. I am looking into setting up with a mirroring company (like Tradency.com) so that some friends of mine can have me trade their accounts. I do not want to deal with getting licensed with the NFA,etc to be a hedge fund manager, and this is an easy way to not have to deal with that. I do have an EA that I am working on, but have come across a bit of a hang up. Working through some coding logic on it right now. I will not be selling it ever. .....well, maybe not ever....but definitely not for a long while after I finish it. EAs are way to eas...
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 06, 2011 at 15:11
😄To be honest, i have already looked into coding my system into an EA, and it is well beyond the scope of MQL4 coding. It would require a dedicated mainframe to run it. That said, i just recently started looking into setting up with Tradency, or maybe ZuluTrade, to be able to trade and have my trading able to be copied to other accounts. I don't use a scalping system, so even a several second lag in trades will not make a significant impact in the profitability. The one trade I am waiting on currently to finish the day is on the AUDUSD. I am short from 1.02096 from yesterday. I nea...
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 06, 2011 at 14:10
Maybe I should automate my manual system too! had nearly +500 pips from wednesday to friday last week. I just closed out another +200 so far today. Still have some open and waiting for the market to make up it's mind on those.
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 06, 2011 at 05:02
This can also be explained by the timeframes and how the EA gathers data. The view of the higher timeframes is HIGHLY dependent upon WHEN you start the EA. Unless they have coded in a system to force the EA to track the bars from a specific reference point. This would account for the big difference between accounts.
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 06, 2011 at 04:51
The way that works is, the minimum timeframe you use is what the EA has to be put on. It then builds the higher timeframes from the smaller bars. The EA doesn't actually look at the higher timeframe charts. This is why the backtests should be very reliable.What i prefer to do is have all my EAs on my VPS and then use mt4 on my laptop or desktop to monitor what they are doing (or trade manually). One other primary thing you can do to reduce cpu overhead is reduce the maximum number of bars allowed in the chart and in history to 5000. You can do this in the TOOLS-OPTIONS area.
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 06, 2011 at 04:20
Yeah. It is easy to overlook the little things. 😀
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 06, 2011 at 03:23
You probably already know this but just haven't thought of it. If you want to watch multiple timeframes on a currency pair but can't mess with the chart the EA is on, I recommend minimizing the chart the EA is on, and opening a new chart to watch the trading from. That way you can switch time frames without messing with the EA.
Million Dollar Pips
v
Obchodní systémy
Dec 06, 2011 at 02:34
Those"Serious Investors" accounts shouldn't be trading MDP anyway. They should be using HFT systems instead of trying to trade with MT4.
Emerald FX
v
Obchodní systémy
Dec 05, 2011 at 11:20
Well, it seems just like any EA, you gotta let it run so that it can recover from its losses. Surprise, surprise. Anyway. I had trouble with SLs for a while. i believe i figured out the problem. i talked to the developers and found out that it is dependent on get a reliable stream of tick data. I was doing 2 things wrong. #1-running it from my home computer instead of my VPS. #2-running it on a broker that smooths the data feed (fxopen). I am going to be moving it to my VPS shortly. I believe that will help immensely. Hopefully this info will help someone!😄
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 05, 2011 at 10:55
No problem. MDP is a very difficult EA to get it set right with the right broker. If you don't it will eat your account quickly. But, when it is set right....it build faster than any other EA.
Tom'sEa WPFX LIVE
v
Obchodní systémy
Dec 05, 2011 at 10:32
If you are looking for another good EA, then try this one. http://www.myfxbook.com/members/TulipFX/kangarooea-small-live-c/68427It is called the kangaroo. This is one of the few companies that actually put real money in an account and let it run. I believe this is also one of the only real accounts with an EA that has survived and done well that has been running for over a year. I also recommend the wallstreet forex, the forex growth bot, and million dollar pips. There are a few others I have heard are doing well, but I have no experience with them personally.
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