I have had an interest in MT4 robots for sometime as a way to spread the risk n my manual trading. I got Million dollar pips robot from milliondollarpipsguide.com who are running a test and publishing the results. So far myself I’m a few percent up but trades do seem rather few and far between for a one minute robot. Anyway fingers crossed and see how we go
Warrior VPS do virtual private servers and they specialize in MT4 setups, I’m with them and must say it’s nice and speedy, very fast execution times with MDP, getting good results now,
going to check this out - im sold
Its not just VPS you should concern much… Its the execution time of your broker and its regulation against scalping…Since MDP is robot with breakout sensor indicator, fast execution for open order, modify order and closing order must be done in miliseconds for multiple orders…There are many brokers that has laws on trading less than a minutes for example In***trader…MDP average trade is 43 seconds…Eventhough many broker also does allow scalping…But many also have requotes… MDP need a really fast broker… Its like comparing Nissan GTR 2012 with Lamborghini Aventador… Both a fast cars,but GTR launch faster…
Hi guys,
A few questions here…
- What kind of latency rate are we looking at for MDP’s best performance?
- Does anyone here use it with HotForex before? Any good? any Requotes?
thanks.
Hi gyfu,
MDP likes execution times of less then 1000ms.
I’m using a Hotforex currenex account and have fairly good results.
Not the best week for me guys.
“Because EA do not and will not give you the results that there maker makes I have got 4 different EA and all of them are garbage including MDP. Now I trade 99% manually and withdraw money from my $4000 weekly and it is a great feeling. By no means I am not rubbing it to any one face I just think with hard work and patience you can move to the profitable side just like I did. the most important indicator I use is support and resistance. I hope this help you and good luck”
True that
Because EA do not and will not give you the results that there maker makes I have got 4 different EA and all of them are garbage including MDP. Now I trade 99% manually and withdraw money from my $4000 weekly and it is a great feeling. By no means I am not rubbing it to any one face I just think with hard work and patience you can move to the profitable side just like I did. the most important indicator I use is support and resistance. I hope this help you and good luck
Same here…
I’m with you on this. EA for me is a long time investment. Better run it for a year or more to see the big money come in. If you run a backtest starting from 1 Jan 2011 to 1 Jan 2012,your money is climbing up only in August 2011. So, running for a month or two is not enough. If you want big money every month or becoming a full time trader, I suggest manual trading. Education is everything in manual trading… good luck to all…May the pips be with you…
hey guys. im new to EA. n i just install MDP to my pepperstone demo account. for everything seems running but it does nothing (no trade, even i set to numorder to level 4) so far. its been 2 days already.
anyone can help me on this?
This EA trades on spikes. So, just be patient.
ok i will continue to wait… hope it show some action…
MDP finally trade for the first time last night when i was sleeping. 7 losses 1 win. very ****ty start!! hope will recover in a long run:)
Always compare your trade history with the MDP forward demo test at Million Dollar Pips System | Myfxbook
Hi johny,
I’m about to go live with Alpari UK and use MEgadroid but also thinking to buy MDP so I’m thinking to have more instances of mt4 in the same account, but don’t know how do you add it, I guess when you open an account they give you only one. I know how to open another chart of the same currancey pair.
Also the magic numbers, do you mean the input numbers that you change in order that the broker wouldn’t know what’s your target? Another thing, is the MDP fully automatic?
[UOTE=johnnykanoo;263051]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.[/QUOTE]
So which broker and VPS do you use which are in the same building?
Hi kurte,
I think you are right about the robots. I just started with a megadroid on Alpari UK.
For two days the bot set a target of about200pips and at the end made 20cents profit and the following day did the same but lost 28cents.
What frame screen do you use for youranual trades? And what strategy do you use?
I don’t know how anyone is making money on this EA?
It makes a lot of wins but a lot of losses… Overall I’m down using IBFX AU with ucvhost vps