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Million Dollar Pips
in
Trading Systems
Oct 27, 2011 at 10:22
One other possibility of the non-correlated price action and hitting of stops is the high probability of the ticks not being received by mt4 due to a high latency. High latency in this case would be anything over about 1-2ms.
Million Dollar Pips
in
Trading Systems
Oct 27, 2011 at 10:18
If that is the case, then they would have to stall all orders occurring anywhere near the price range in the same direction. Anything is possible.
Million Dollar Pips
in
Trading Systems
Oct 27, 2011 at 08:52
this is the main reason why i always change the magic number and comment. It isn't absolutely perfect, but it does help to bypass any nasty tricks.
Million Dollar Pips
in
Trading Systems
Oct 26, 2011 at 22:24
Okay one guy. Now....any thought of him doing work for free....be serious. He is going to be giving himself a paycheck. If you are considering the paycheck the MDP sales, then his "wages" would be exceedingly high.....but.....let's figure approximate minimum wage/week of $200. It has been available to the public for over 20 weeks, but let's make it only 20 weeks and ignore any previous work done. And let's ignore any of those trivial expenses like marketing, etc. We have a total cost of.....$4000!!!! So.....again.......thousands.
Million Dollar Pips
in
Trading Systems
Oct 26, 2011 at 21:49
guess I need to clarify again. The development and implementation of MDP as an EA could easily have been done by one person for no cost other than time. The actual costs add up to thousands when you look at having to pay people for their time. So if you hire a single programmer to make it....let's say it cost $250. All done. no more charges. No paying anyone for further development. no paying anyone to provide support. No paying for internet sales and marketing. Now, how many people have seen that there has been further development, support, sales and marketing, etc.....that would require ...
Million Dollar Pips
in
Trading Systems
Oct 26, 2011 at 12:33
And just how much would you say it is going to cost to hire the programmers (who you can absolutely trust will not rip you off), plus the marketing, plus the tech support, plus pay for continued development, plus pay for the website, and payment providers? It is thousands of dollars. That said, I guarantee he has made it all back probably 50-100 times over. But it would be an expensive undertaking.
Million Dollar Pips
in
Trading Systems
Oct 26, 2011 at 11:02
Or maybe they both work. I use both MDP and FGB. and they both make me lots of pips.
Million Dollar Pips
in
Trading Systems
Oct 26, 2011 at 08:31
I am hoping for a hard spike, a slow momentary stall/drift back, followed by a hard reversal. 😀
Million Dollar Pips
in
Trading Systems
Oct 26, 2011 at 03:28
Maybe you don't realize this, but what you are asking for is a managed account. You want someone to spend many thousands of dollars to streamline the whole process for you......allow you to pay a $100 one time fee.....and sit back while you make thousands of dollars. If he were to do this, the price for the EA would have to be much much higher. For what you are asking, a $10,000 one time fee would be reasonable. The forex business is about making money, not helping people.
Million Dollar Pips
in
Trading Systems
Oct 26, 2011 at 00:51
Well, it's like this..... He sold the EA to people who are willing to try and trade it profitably on their own. Everyone has been having huge trouble with it. So...he saw another opportunity to make money by setting up a service to assist the people who can't get it running on their own. Why does everyone find this such a bad thing? You can still buy the EA and do it on your own.So you have a few options. #1-Continue working to find a profitable setup. #2-Sign up and let the author help you find a profitable setup. #3-Quit using the EA.Now....choose you option and quit whining about a...
Million Dollar Pips
in
Trading Systems
Oct 14, 2011 at 19:00
The funniest part of that is, there are a bunch of live MDP accounts posted.....and nobody wants to believe those either!!! 😁
Million Dollar Pips
in
Trading Systems
Oct 14, 2011 at 16:52
That is when you can tell that we don't care if you believe it or not. 😁
Million Dollar Pips
in
Trading Systems
Oct 14, 2011 at 14:42
IBFX avg speed 300ms.....ILQ avg speed 1600ms.
Million Dollar Pips
in
Trading Systems
Oct 14, 2011 at 14:41
ILQ....4 trades net +22.6 pips. default set
Million Dollar Pips
in
Trading Systems
Oct 14, 2011 at 14:38
IBFX.....5 trades net +30.3 pips. default set.
Million Dollar Pips
in
Trading Systems
Oct 14, 2011 at 14:21
Not unless you read through this entire forum. There is very important information in this forum that will help you make your decision. Not just the first half either....or the last half.....the entire forum. If you read the whole thing (getting close to 150 pages) you will understand what you are getting into with MDP.
Million Dollar Pips
in
Trading Systems
Oct 13, 2011 at 18:09
Okay, so we are talking about different things. We are both correct. The confusion is because you are talking about something different than I am. You are speaking of the constantly moving market in relation to the speed of order execution. I am talking about liquidity and the imbalance inherent in the system which causes the market to move.
Million Dollar Pips
in
Trading Systems
Oct 13, 2011 at 18:03
I don't know about everyone else, but I blew MDP off when i first checked them out when they came out on the market specifically because they claimed to show live results, but had a demo account posted. The reason I got MDP was because I knew people who used it and were making money with it....and posted results from LIVE trading.Nobody does anything in forex without showing proof of some sort. The only people who don't show proof are either trying to take you money and run or......hmmmm... no, I guess that is it....take your money and run. Other than that, they allow you to use the sy...
Million Dollar Pips
in
Trading Systems
Oct 13, 2011 at 17:03
That is part of the point. The "unlimited liquidity" is only a theory and cannot happen in the real world....in any market. You gotta remember, unlimited liquidity is ONLY a theory. Only useful for explaining how the market moves.
Million Dollar Pips
in
Trading Systems
Oct 13, 2011 at 16:21
You have a perfect understanding of it.
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