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Million Dollar Pips
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Apr 15, 2012 at 18:12
You will need a newer build of MT4. But FXDD is probably not a good broker for MDP anyway. Good luck!Fred
MDP 1.2 Broker2
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Apr 13, 2012 at 06:58
I stopped trading MDP on this account as of beginning of this week, because I need the space on my VPS to test other EAs.Happy trading!Fred
MDP 1.2 Broker2
ใน
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Apr 09, 2012 at 09:26
NFP-trading on last Friday was rather good and I often experienced positive slippage on my entry-orders this time: Twice 1 full pips plus several orders of around 0.5 pips. But overall negative slippage is still an issue with this account.Fred
Million Dollar Pips
ใน
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Apr 06, 2012 at 13:06
Mixed results here as well, but mostly gains after all. Reduced the risk on IBFX from 3 to 2, so only 1.1 % gain. + 4 % on 2nd account (risk=3), but 2 % loss on 4th (not published).MDP seem to be on track again?!CheersFred
Million Dollar Pips
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Apr 03, 2012 at 19:07
@lobotomy8: I hope you can see in the future!@Misty: I also saw most of the trades happening and being positive for some time, mostly. But if you close them manually too early you might also have smaller gains. But today you were right. I was waiting for the positive trades to gain back the losses, but they did come too late today to save the day. 😞Again 1st account took the biggest losses. Let's see what the rest of the week will bring.Fred
Million Dollar Pips
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Apr 03, 2012 at 08:12
Sorry, I meant SO (Max_simultaneous_orders) to reduce from 8 to 4. NO stays at 0 at my accounts.Fred
Million Dollar Pips
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Apr 02, 2012 at 19:31
@Sachinsyd: I have no secret formula, but I prefer to reduce NO to 4 and use group_orders=true. Check if you can use fifo=false with your broker, then you can set also auto_apply_ecn=false, additionally. Additional_Channels to 2 or 3. Rest at default.I am pretty sure, MDP will see it's next upswing pretty soon, as markets have been rather quiet (that means: consolidating) for quite a while and the next surprise-news to the markets could result in a nice spike (and hopefully a reversal).Fred
Million Dollar Pips
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Apr 01, 2012 at 20:38
@yanbo: Not sure what you mean: The official account is using default settings and version 1.2.
MDP 1.2 EU ECN
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Apr 01, 2012 at 16:29
Résumé for March:Quite a setback in March, but not as bad as on the first account with IBFX. Overall - except for the 16th - markets have turned more quiet and there weren't the right spikes for MDP to succeed. I tried numorders_level=1 for some weeks, but switched it back to 0, as it seems to make MDP enter too early and too often. Still no slippage at this account!Here is the name of the Broker, please use my link, if you want to try them: tradersway.com/en/?ib=1002416Good luck everybody!Fred
MDP 1.2 Broker2
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Apr 01, 2012 at 16:15
Résumé for March:Quite a setback in March, but not as bad as on the first account with IBFX. Overall - except for the 16th - markets have turned more quiet and there weren't the right spikes for MDP to succeed. Even with smaller lot-sizes now (1/10th) slippager is high sometimes. At the moment I will let MDP run further without changes.Good luck everybody!Fred
MDP 1.2
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Apr 01, 2012 at 16:10
Résumé for March:Ok, after the success in February probably there had to be a setback, but I didn't expect this blow, especially on March, 16th. Lots of orders, lots of slippage, lots of losses. 20 % loss for March is more than on my other accounts so I hope this was not a turning-point for the profitability of the system on this account to the negative. Overall - except for the 16th - markets have turned more quiet and there weren't the right spikes for MDP to succeed. We had this in the past before and had gains later nevertheless, so I will let MDP run without changes....
Million Dollar Pips
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Mar 30, 2012 at 16:30
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
MDP 1.2 Broker2
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Mar 29, 2012 at 12:40
No, being a European broker FIFO is not applicable to SVSFX.
NMi Super Scalper v1.9 - v1.16 DMA
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Mar 27, 2012 at 10:02
1 (full) pip would also work, but 0 is better.
Million Dollar Pips
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Mar 23, 2012 at 10:39
Waiting for the next upswing ...
Bought a New VPS for EA Trading
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นักเทรดมือใหม่
Mar 22, 2012 at 21:39
Check out babypips.com to learn how to trade and I can recommend eareview.net for honest reviews of EAs.Good luck!Fred
Million Dollar Pips
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Mar 21, 2012 at 17:06
I had considerably less slippage than last Friday (also on another not published account, where I had 7 trades and was positive overall) and think the spike(s) must have been less volatile today. (I did not watch it, though).
Million Dollar Pips
ใน
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Mar 21, 2012 at 15:48
Just had some trades: small loss of 0.8% at first account, nothing on 2 and 3.
Million Dollar Pips
ใน
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Mar 18, 2012 at 17:31
I analyzed the losses in my IBFX-account of Friday: I have come to the conclusion that the high loss was a mixture of rather high slippage (but not more than on my 2nd account), rather high risk-settings and the fact, that the last three trades didn't go as far into positive territory as on (my) other accounts.- But some user pointed out to me, that they had high order-handling times on Friday. I had normal times (350 modification, 550 opening/executing), but who else had the problem, especially with IBFX? Please mention, your trade server (I am on IS02) and whether it is a standard or min...
Million Dollar Pips
ใน
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Mar 16, 2012 at 21:58
You can call it a mean-reversal scalper. It uses Bollinger Bands-Indicator to determine when price has escaped "more than normal" from the medium line and goes even outside the upper or lower band (2 standard deviations). Just put the Bollinger Band-Indicator on the 1M-chart and compare to MDP trade-entries. But there seems to be additional factors such as a higher number of ticks, indicating a volatility-break-out, which will often reverse before going again in the direction of the breakout.Fred
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