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You may have to registerbefore you can post: click the register link above to proceed. To start viewing messages,select the forum that you want to visit from the selection below. Million Dollar Pips EA Settings and Trade Updates Thread:Million Dollar Pips Vendor Site (clickable link)Well. Without further adieu, below are my settings that I used to produce my ae return in 2011. If you are new to MDP, I HIGHLY recommend you first read my posts about how it works and what to watch out for.
You can find that review in two parts all million dollar pips forex ea settings here: Million Dollar Pips EA Review and PerformanceFirst off, as discussed in the prior thread, we DO NOT start MDP until early European session at the start of the week. We do this avoid the extremely low liquidity involved with the first Xollar session of the week.
MoveSystem Description:Million Dollar Pips is a fast-action scalper that aims for 1-5 pips per trade. It executes trades very quickly when the opportunity arises.Warning: This EA is extremely sensitive to price action. No live accounts (not even at FinFx) are able to achieve results close to this.The only way to know if it will work on your account is to million dollar pips forex ea settings it and try it at a low risk level. If it works, increase the risk level.
The remaining demo test reflects unrealistic results that are impossible to achieve on a live account. We were not interested in starting another live account so we are retiring this test. Million Dollar Pips 003Million Dollar Pips running on FinFX demo, using all default settings, and a risk setting of 188.8.131.5215.34%15.5%35.2 Similarly to my earlier report about my experience with Forex Autopilot, I will try to review here what I see as strengths and weaknesses of the Million Dollar Pips robot and what I think are the best settings for this system.
So pay very close attention.The first thing I need you to do is STOP.STOP struggling to master the tricky Forex trading system.STOP losing sleep waiting for a good trade, then missing it anyway.STOP fighting tBe aware that this Forex robot is extremely sensitive settibgs the spread and the broker execution and to the delay of transmission between the VPS and the broker. Million Dollar Pips will NOT run perfectly with the majority of brokers and there is no good setup for it known until now.
BacktestsThis backtest was run using Dukascopy tick data with a 1.5 fixed spread and all the EA default settings values. millioh The results were amazing although with a considerable drawdown that could be due to the use of default risk, but backtesting this EA especially may not be pragmatic due to the very low pip targets. Million Dollar Pips The purpose of this page is to encourage and collect the user reviews of a Forex product called Million Dollar Pips.
Because they come from real users, it may take some time for the first reviews to appear. Please bookmark this page and come back regularly to check for new reviews.If you have experience with Million Dollar Pips, please leave a short review or comments with your feedback (please follow the posting rules). It will help other users to decide.
Million dollar pips forex ea settings