okay I think I have myfxbook setup. I want this widget to constantly update so here goes nothing. It says trading privledges not verified. I think I have to set a pending order but the last time I did that it didn’t work (with fxopen) I will try that but I can assure you guys that this is in fact my account. It is a very small live account. Startup was $300 + $150 bonus. I may atttach this widget to the first post as well.
I was just checking out my hotforex affiliate page. As it turns out today I paid $8.10 in commissions and I am receiving $4.86 as my commission. That is like earning an additional 1% + onto my daily totals. I love the start and I hope MDP can continue. Even if it were to break even the commissions would add up nicely, but of course I am hoping MDP will be a winner.
The thing about mdp is the guardian protection software that comes with it which can crash your vps and usually requires tech support to get it running again. I talked to the vendor and he says he’s planning a new release shortly which will have guardian removed, otherwise it looks interesting
Read more: 301 Moved Permanently
MDP has gotten rid of guardian. I just downloaded the newest version. I’m glad now that guardian is gone I can load this onto my vps where it belongs.
I am testing mdp on an hotforex-micro account. I get the following error in the experts tab:
WARN following error blocked our last trading command (WAITING+REQUOTING+REPEATING): trade is disabled
What does it mean? didnt trade because of requotes? anyone else tried mdp on hotforex?
your best bet is to contact support/ IO am running mine on hotforex and it has traded no problem. Also I ended up throwing wallstreet on this live account. I wasnt going to and than I decided what the heck. WSFR is doing awesome right now. Now that guardian is gone I have MDP on my VPS. I iwll keep you guys updated.
Yeah, I bought mdp when I heard they got rid of guardian. Its also on my VPS. I am testing support now with my question. 
Wallstreet is next to test on my agenda. Is it possible to have several ea´s on one account? Or is it better to open a new account at another broker?
That’s what I’m thinking as well as they have magic numbers anyway but I haven’t tried it.
it is possible to run different EAs on one account, but you have to take care with the magic numbers, which indicates a trade.
usually you can change the magic number settings within the EA settings, so you won´t have problems with it.
anyway i recommend to use different accounts, since it´s easier to check the performance of the EAs and you don´t have to care about the magic numbers. Nearly every broker gives u the chance to set up several accounts very simple.
just a quick question on this one, by using a different account in one instance of MT4, does it only allow you to log into one account at any time, hence EA can only run on the logged in (active) account?
Wallstreet is next to test on my agenda. Is it possible to have several ea´s on one account? Or is it better to open a new account at another broker?
Read more: 301 Moved Permanently
I use the same account for most of my ea’s. What I do is I install multiple instances of mt4 and login into the same account. MDP is on its own mt4 so is wallstreet and so is FGB. I do use seperate magic numbers and I am able to do seperate analysis using myfxbook’s custom analysis tool which allows me to sort by magic number.
Thanks for that Johnny! Now I’m thinking to load different instances of same chart and load the EAs on different instances. Still 1 mt4.
in that case I would limit the number of ea’s to max 4 or maybe 5 depending on how many trade the same pair. If more than 1 ea try to open trades at the same time it will result in an error. If the code is well written it will address this scenario or any requote scenario with a loop or someway to repeat the order until it is successful. Just a thought. My advice would be to keep a close eye on things so you know its all working right.
Is it a free tool? If yes can you please post me the link or the name?
TIA
Just create an account. Than you can create a portfolio. I think there are 2 ways for myfxbook to work. What I do is install there ea on my account and than myfxbook takes data directly from my account and crunches numbers. Once you have a trading account in your portfolio than you can do custom analysis based on pair or on magic number.
First time ever I’m interested in an EA. I’ll be checking in to see what results you get Johnny! You do a good job of systematically testing EAs, if you keep having success I may have to start thinking about changing my mind on EAs…
Awesome 
You know anything that can give us a consistant edge in the market is worthwhile. For me, I had to realize that ea’s are not designed to capture every single good opportunity but rather they look for one specific condition that is there edge to repeat over and over again and as long as that edge doesn’t disappear than the ea will remain profitable.
A good example of this is forex morning trade. It was my favorite ea for months and months but than it started to do crappy and got to a point now where it can barely stay break even. So I have reduced my risk and I will continue to trade it because I believe it may become viable again in the fall. But the bottom line is to constantly observe and most important is money management just like in manual trading it is the holy grail of survival and profitability.
Hi,
I’m from Singapore and would like some advise on this Million Dollar Pip (MDP) system. I’m new to forex EA & tried fapturbo but it did not worked on my system but i got a refund.
(a) How is MDP installed and run? Does it require MT4 or Metastock etc…?
(b) Can it run on my home PC or do i need a VPS service?
© Are there any MDP users in Singapore whom i can contact?
(d) Is there any demo account for MDP?
(e) Is there any forex broking house that can support MDP in Singapore?
(f) Is there a faq for MDP?
Thanks in advance.
Simon
hi,
welcome!
a) it requires mt4, but you get it for free from your mt4-compatible broker
b)you could run it frome home. but a vps should have a more stable internet connection and runs 24/7. i use thrust vps @~12USD/month
d)you´ll find their account on their fxbook-statement on their website: klick
e) i run mdp at hotforex, they accept users from singapore. i use hotforex because i get rebates on the spread through FTC. mdp trades often, so you should get forex cashback as well.
f) i dont think so. but they have a support that answers questions quickly: <[email protected]>
gutzkus thanks for your excellent post
Any updates?