When you are using a demo, the orders are filled by the server and its hardly a way to test whether the EA really works and speed of execution into the market. On real acount, the order goes to the server then to the interbank market and back which takes longer. An ECN broker is essential for a...
Hi George,
I am still using a vps in Sydney ; ping average is 1ms but sometimes as high as 4ms so its really good latency. Pepperstone advised all clients that they are moving server to US mid September so I will follow. Check out any vps service in New Jersey which will certainly be close...
imo the only way to trade with mdp is to set it up as instructed on an ECN. The one I use is Pepperstone Financial Pty Ltd. They are based in Melbourne BUT more important their server is based in Sydney. Having said that they are about to switch their server to New York as I write. So I will...
scratchman, extensive back tests have no relevance whatsoever to present market conditions. In fact backtests older than a even a couple of weeks will almost certainly prove worthless in determining whether the EA will work. This is simply because market conditions can change in a day. In fact...
Hello Dietmar,
I am using the two EAs Pips4idiots and pips4idiots advanced on a retail forex broker demo MT4 account. The Eas are applied to the 1 min charts GBPUSD and EURUSD only on the demo. I trade manually for my clients on another institutional prime broker account with additional...
well I have to disagree with all of you. I am a fund manager with millions under management. I do not use MT4 for trading client accounts. I use a java based platform for institutional traders. I use customized EAs for the platform and also trade manually;wait for signals from Pips4idiots on a...
People Getting Busy with Pips4Idiots!!
I have no connection with Pips4Idiots whatsoever, but I am a fund manager and advise that I have had 17 consecutive winning trades using the software since end of Nov 2010 on a very large client account.I fail to comprehend what all the screams of...
XPP
So far my experience with xpp has been good. Its taken ten trades, all ended in good profit on demo account only. The wide stop is a big put off, but the stop reduces as the trade progresses and eventually tightens right up until I'm taken out at a profit. Like the ea so far but time will...
I think you are all being misled by someone who is himself misinformed
Well I have nothing whatsoever to do with, nor do I know the vendor Jim Stanford in case you think otherwise.
As a fund manager, I do recognise something special when I see it. I have not tried the EA that came with the...
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