The MillionDollarPips MT4 EA peace a forex expert advisor. DO NOT BUY THIS EA! ITS Million COMPLETE SCAM!!! MONEY BACK GUARANTEE IS A BIG LIE!! DO NOT TRUST THE AUTHOR MR. After 3 months live testing i would like to say that stay away from this robot. It's loosing a lot than it gains. If market doesnt pull back enough it looses a lot. It is a toy only for beginners do nor go live with it. MDP is a broker sensitive EA. Unfortunate thing is to find a good broker is really hard. You must use a powerful vps, not an average one and ping must be under 2ms. Forex if you find this contitions works well. Don't increase additional channels, no need. Just turn off fifo and incrase slippage a little. But when increasing risk be careful peace It doesnt trade every day so you must be patient. Sometimes it trades only 2 times a month. But it will be enough. READ THIS FIRST BEFORE YOU BUY MDP!!! I discovered it is not working on Windows 10 and MT4 Build I ask a refund but seem hard to get your money back. I posted this review in another MillionDollarPips thread at ForexPeaceArmy thinking it was the review forex. But I later figured out it wasn't. So I am reposting my review here. After putting MDP on the shelf for 4 years, I decided to give it another try at the dollar of April There was a FOMC meeting on April 29,and on May 8th, was the Non-Fram Payroll. It also opened some trades on May 6, It opened a little over 90 trades during that time. BUT the following week May 13and especially on May 19 UK timeEURUSD had some strong movements downward with very little retracements, and MDP picked up multiple quick trades MDP records the Pips Execution milliseconds, Order Open milliseconds, and average modify time. Although my broker live account is 1ms in from the server, order execution, open, modify also needs to be included in the overall army. On my real money account MDP recorded 40ms for Average Execution, 47ms for Average Open time, and army for average modify time during the strong May 19 move on EURUSD. This can army depending on the news release. I saw the average order open at about ms during Non-Fram payroll although the execution there was 33ms as well as the modify time at 33ms. On May 20, was another FOMC meeting. The price action during the meeting created the perfect setup for MillionDollarPips to gain a lot of profit on my real money account. If you look at the candle formation during that meeting on that day on EURUSD H1, it will have a long wick at both ends and a small body. The wicks are not too long Million on the M1 chart there was a lot of price whipsaw which caused MDP to trigger about 35 trades some sell orders at upper wicks, and a few buy orders at a lower wick. When this happens it is the perfect setup for MDP. When this doesn't happen, and price action is too strong in one direction with no retracement, the worse can happen as far as MDP. So far during the 3 weeks I have been million MDP on my real money account it has traded 6 times on 6 different daysand opened a little over trades total during those 6 days. This is using the default settings with Fifo on false. As mentioned above the trade server I am using is very fast, and the broker is located in the same data center as the server. On a more sluggish vps or dedicated server not designed for trading specifically, and also depending on the broker, MDP may miss a lot of trades. So MDP can be a profitable bot in the right conditions. My conclusion is MDP is not a scam even though I have not traded MDP long-term yetand not only is low slippagelow spread, fast execution, low latency etc. But it also needs crazy price whipsaw such as conflicting news reports during NFP for example when the employment numbers conflict with the unemployment numbers, or there is a revision that conflicts with the Actual number But when news is strong enough without conflicting reports and EURUSD drops like a rock with little retracement like it did on May 19,or spikes up and up and up with not enough retracement for MDP If you demo test or back test MDP when there is strong EURUSD movement with little to no retracement you will see losses there too. Finally there are a peace things you should now if you pips new to MDP army though it was released 4 years ago at the time of writing thisand have not purchased it yet: MDP has never been updated to work on Windows at the time of writing. So it will crash MT4 on Windows server This might mean it will crash million Windows 8 too, but I am not certain. The MDP installation file has never been updated for MT4 Build and higher. So when you install MDP the forex MDP files the ea, a script, and the dll file get installed in the wrong location. Support will probably tell you where to locate and move the files if you are unable to figure it out. I hope this review has been helpful. This EA is still one of the best ever created. It can work if the conditions are right. No secret at all. You MUST have a VPS located next to or near your broker! Latency should ideally be lower than 20ms. Your broker MUST provide spreads that are less than one pip. Third pips broker must have EXTREMELY low slippage. Mine has almost no slippage. It is VERY difficult to find a set up where all these conditions are met, but it is not impossible. If you do find it, you have REAL chance of becoming very wealthy. Backtest it all you want. Truth is, this is not some HFT algorithm that can take advantage of illiquidity like stocks. My own trading system dollar outperformed this and continues to do this. In my pips, forex is too liquid for any EA- just get off your laurels, stay focused and discipline, and run your manual trading systems. I would like to buy this controversial EA and tested in my own setting. Good luck for me!!! I have backtested the ea and seem to get great results over a 2 year period, the only thing is that you don't have the same risk settings in a live account than in a backtest. If somone could tell me how to get pips same risk setting in a live account as in a backtest then I would reccomend you purchase the robot. Hi, ok this is not a review, because I have just installed dollar, I have on a Live and Demo running parralel. I will be posting how the performance is doing. I think think should include army setting of the EAwe have no idea what settings is being used on FPA, for all that we know, they could be using a totaly different EA just beeing sarcastic. Unbiased Forex Broker Experts. Review and Ratings Trading Software MillionDollarPips. Forex RobotPerformance Tested. Live discussion Join live discussion of MillionDollarPips. Video Your company video here? Court cases File a case Open 0 Dollar 0 Not guilty 0 Guilty 0. Let other traders know if this service is worth checking or should be avoided. Page 1 of Home Contact Us Help Terms Forex Advertise. Forex Reviews and Ratings All Forex Peace Forex Brokers Reviews Forex Software Reviews Trading Systems Reviews Forex Signals Reviews Managed Accounts Reviews Forex Education Reviews Forex Forums Reviews Forex Scams. Forex Performance Tests All Forex Tests Metatrader Expert Advisors Tests Forex Signals Services Tests Managed Forex Accounts Tests Forex Traders Court Forex Scam Alerts Folder Forex Traders Court million View and File Cases. Forex Trading Education and Community Forums Complete Forex Education Course by Pro Banker Journey From Dairy Farmer to Forex Dollar Sive Morten - Currency and Gold Market Videos Jarratt Davis - Trading Markets Like the Banks Andrew Mitchem - Currency Strength and Weakness Trading Forex - Daily Trading Signals Market Sharks - Exclusive Analysis by Forex Experts Forex Peace Army Community Forums. All peace reserved under US and international law.
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4 thoughts on “Forex peace army million dollar pips”
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