Okay I went on another thread and got these settings.
NO Level=0
AC=0
Max SO=3
The person I got them from seems to be having good success and he has a hotforex currenex account too so I am hoping these settings will do better. Also I finally upgraded to version 1.1.6
Bad news about you recent troubles with MDP JK. I am only running this on a demo account at the moment on Think Forex. I am using:
NO Level=1
AC=2
Max SO=8
I also changed the min lot size to .01
It has been very profitable for me over the short time (3 weeks) I have been running it. I know this doesnt mean much on a demo account though. I will hopefully be going live next week tho so i will keep you updated.
I did read on another forum that people were having success with MDP on Go Markets though but I dont know what settings.
Bad news about you recent troubles with MDP JK. I am only running this on a demo account at the moment on Think Forex. I am using:
NO Level=1
AC=2
Max SO=8
I also changed the min lot size to .01
It has been very profitable for me over the short time (3 weeks) I have been running it. I know this doesnt mean much on a demo account though. I will hopefully be going live next week tho so i will keep you updated.
I did read on another forum that people were having success with MDP on Go Markets though but I dont know what settings.
thanks for sharing your settings. I hope it remains profitable live. As for gomarkets I used to have them as a broker until they dropped me for being American. so gomarkets is a no go for me
Running 1.1.6 now, hopefully that stops the problem lol. It’s a good EA, and helps A LOT with commissions, but losing control of trades is nonsense. Btw, Johnny, additional channels = 4 is a nice setting… Making a lot of commissions + some extra pips
I guess the EA normally has 4 levels for entries, 1 trade at each. I think by changing it to 4 channels, you’re allowing for 2 entries at each level. It definitely trades more, that’s for sure. Kinda weird that the default settings of 1.1.6 are different that 1.1.5
My current settings are:
NumOrders_Level=0
Additional_Channels=4
Max_Simultaneous_Orders=3
FIFO=0
Funky_Exit=1
Min_Lots=0.01
Max_Lots=1.0
Risk=1.0
Use_Stop_Orders=0
Hard_Stop_Trailing=0
Just been running a couple of days, but sat like 3-4 days without a single trade on default settings so i started to scavange forums and blogs for other ones and since i got these i have at least had some trades but now i have a really high avg execution time so will move over to a VPS in a short while and hope that helps a bit since my home network where i run it on now is under quite heavy load from other things.
You can check my account out at Myfxbook: hxxp://myfxbook.com/members/Viperi/million-dollar-pips-live/143986
Ps. Cant post links before i have had 5 posts in you wonder over the hxxp:// part.
Yea, I’d like to know as well please, thanks! I also keep getting this error: MDP_EURUSD_1.1.6: Wrong MetaTrader Account ID. But, I have the right login info. Nor sure what’s going on, emailed support too. But, if anyone can help please let me know.
i must say that I am not happy with this EA i opened a micro account with hot forex and every day I trade and make between 3 to 10 and then have the ea lose my profit.
That’s what I recommend. The default doesn’t seem to work. I would recommend using the settings as Viperi to start. He made good % according to his myfxbook.
Anyone have luck getting in touch with support? I emailed 3 times and no reply. I keep getting an error about bad metatrader id, but I verified tons of times and still won’t work.
It’s not about settings, because defaults work. Well, maybe SO orders shall be lowered from 8 to lower figure. It’s all about proper broker choice and VPS. Broker that has 2 or lower pending order distance requirement with good executing times, very low slippage and requotes. VPS that has as low latency to your broker as possible.
It’s always good to check whether broker is not cheating on you, like artificial spread widening on price spikes, on which this MDP robot shall make profits.