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(REQ) Million Dollar Pips


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I'd try and it's work a little bit good but you are right, maybe some var isn't identified correctly. I will try to fix in the next days, if someone can continue my work are welcome :)

 

hi mangiare,

thanks for your work...I tried the EA, it attachs to the chart but it doesnt trade.

hopefully u can make it work!

cheers..

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MDP 1.1.6 with $1.000 real deposit at Thinkforex (yes i paid for it)

 

http://www.myfxbook.com/es/members/csa1234/csa1234/157068

 

I did run it also on Thinkforex also for couple of weeks and the results were....asked for my money back.

 

BTW. the EDU version does not trade....I have played with the code still not running.

 

Can any of you great coders have look at the code?

Thanks,

Ross.

Edited by ross123
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My sincere advice is let's say you intend & seriously to pour real $ to your trading, consider buying mdpEU1.1.6 & use its dll file to run the mdpUSDJPY_1.1.6 that had been shared here too.

 

Please anybody upload correct and working educated version -> 1.1.4 or 1.1.5 !! if 1.1.6 it is not possible to modify it!:( 1.1.4 or 1.1.5 educated version, please! Thanks!
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That was possibly me - I had to update to a recent MT4 build for MDP and i couldnt be sure that the patch was working - so before i came to rash conclusions and broadcast to the world i thought i had better be sure - all my prior tick testing had been on earlier builds amd i have learned that you sometimes get wild results if the setup is not right - so i pulled the analysis

 

If you got a version mailed (I forgot about that possibility) that will be why it dissappeared, even though i do believe most of the analysis to be correct.

 

I am still unsure of the methodology for multiple order entry

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That was possibly me - I had to update to a recent MT4 build for MDP and i couldnt be sure that the patch was working - so before i came to rash conclusions and broadcast to the world i thought i had better be sure - all my prior tick testing had been on earlier builds amd i have learned that you sometimes get wild results if the setup is not right - so i pulled the analysis

 

If you got a version mailed (I forgot about that possibility) that will be why it dissappeared, even though i do believe most of the analysis to be correct.

 

I am still unsure of the methodology for multiple order entry

 

Please check your pm inbox. Thx

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Please check your pm inbox. Thx

 

Sorry i cant reply to the PM - this is only my 2nd post :-) - ill just have to spam you all then

 

 

I have programming skills in general - and recently acquired MQL as well, but not extensive - i also looked at the decompiled 116 EUR/USD version but the code is very very convoluted. Since i am interested in the logic rather than the EA itself i decided just to look at how it behaved visually. I have extensive backtests that show how it behaves with the regular exposed parameters and now have some idea what some of the the others do. The real power of the EA is in the way it throws a spread of orders over the area knowing some will go to SL but also some to TP. The RR on each is very good - its novel and similar to how i try to run multiple EA's on slightly different settings - but with automation and risk limiting

 

It is very reminiscent of Forex Growth - who i had heard might have created this as well - i am not surprised

 

I don't want to run the EA - i want to understand the strategy, but i see it does load a number of "deviations" when it authorises with a legitimate license and seems to populate some internal buffer within the EA on initialisation. You can actually run the EA without authorisation on successive occasions as long as you dont restart MT4 - it seems to retain the "deviations" in the DLL until you restart. If the deviations are only needed in the EA, and not in the DLL, i suppose you could capture them and store them until next time - i might take a quick look over the weekend - just out of curiosity

 

I see USD/JPY uses 4 BB but the EA is similar size - i expect it to be similar in strategy, but not identical to EUR/USD. I managed to run it on my EUR/USD credentials - it didnt complain in the backtest

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Sorry i cant reply to the PM - this is only my 2nd post :-) - ill just have to spam you all then

 

 

I have programming skills in general - and recently acquired MQL as well, but not extensive - i also looked at the decompiled 116 EUR/USD version but the code is very very convoluted. Since i am interested in the logic rather than the EA itself i decided just to look at how it behaved visually. I have extensive backtests that show how it behaves with the regular exposed parameters and now have some idea what some of the the others do. The real power of the EA is in the way it throws a spread of orders over the area knowing some will go to SL but also some to TP. The RR on each is very good - its novel and similar to how i try to run multiple EA's on slightly different settings - but with automation and risk limiting

 

It is very reminiscent of Forex Growth - who i had heard might have created this as well - i am not surprised

 

I don't want to run the EA - i want to understand the strategy, but i see it does load a number of "deviations" when it authorises with a legitimate license and seems to populate some internal buffer within the EA on initialisation. You can actually run the EA without authorisation on successive occasions as long as you dont restart MT4 - it seems to retain the "deviations" in the DLL until you restart. If the deviations are only needed in the EA, and not in the DLL, i suppose you could capture them and store them until next time - i might take a quick look over the weekend - just out of curiosity

 

I see USD/JPY uses 4 BB but the EA is similar size - i expect it to be similar in strategy, but not identical to EUR/USD. I managed to run it on my EUR/USD credentials - it didnt complain in the backtest

 

Hi ianj,

Very interesting discovery. Please share more details when you find out more. Can you please elaborate on how " it throws a spread of orders over the area knowing some will go to SL but also some to TP". Knowing the details will probably help in getting the best setting for the EA rather than doing some trial and error to get the best settings.

Referring to "deviations", do you have the details on how they are derived and used?

 

Thanks.

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Guys, MDP is a very dangerous EA and especially work (not for long time again) only on few broker with stoplevel 0 and freezelevel 0 (like Thinkforex) and very fast execution times (i'd test many broker and no one have the right execution fast, with VPS in the same farm of liquidity provider). The code is poorly written, there are unnecessary functions and algorithms that slow down the trades execution, add to this normal latency to trade in market and you have burn the accounts!!! Should be rewrite all code (to get faster the execution) and in this case is not guaranteed to work correctly, since MDP work in a dark area usually not appreciated by any broker. I decide to stop to use and work on this EA.
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