Million Dollar Pips forex advisor review
4/10 (votes 100)
Million Dollar Pips
- General Properties
- Currency Pair: EUR/USD
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Timeframe: M1
- Trading platform: MetaTrader 4
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Work time: 24 hours
- Work with decimal point figure: 5
- Forex advisor Million Dollar Pips is in action around the clock, however, trades are opened in very short time periods. Million Dollar Pips advisor opens a few orders and closes sharply fixing a small number of points. One of Million Dollar Pips advantage is that the Advisor sets Stop-loss and Take-profit levels during a high market dynamics. With Million Dollar Pips advisor it is recommended to trade with EUR/USD pair.
- Worth paying attention that testing of this advisor strategy is carried out only by M1 ticks of EUR/USD pair.
- There is an opinion that similar Forex-Advisors bring profit only in MetaTrader4, as ticks are synthesized inside of M1 bar in MT. In such a way, before the bar is shaped the tester looks forward, aside from that, on a real account ticks are rectilinear between extreme bar points and they never move as in MT tester.
- By Forex traders responses this advisor performance in the demo monitoring is quite tempting. But a disadvantage of this advisor is that on a live account huge drawdowns are possible. The thing is that Million Dollar Pips Forex advisor opens and closes a great number of trades for a few seconds that may impact the live trading account negatively while trading.
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I have just installed it, I have on a Live and Demo running paralel. I will be posting how the it is doing.
This system doesn't work on real account. Avoid it or you will loose all your money.
A good investment I would say. This is a good Bot. It has a good strategy. I had a little bad luck with it at first, but overall it has done well
On the tester the Advisor trades wonderful, but in real account it merges everything. What's the secret?
Actually, is good working advisor. Though is a lot of nonsense written.
I will buy and try it. I hope for good results.
Another toy for demo accounts, in real trading it traditional merges. Lost of reviews all over the internet.
I tested this advisor and I wasn't glad with results, fistly it opens the wrong side orders the dep in the week. I gave it up.
If you could earn a few bucks a month with the help of this advisor and draw them out, you've lucky. Money is merged in real trading and on the tester it trades well.
I had been testing this robot for about 6 monhts. I didn't like it, I lost much money.
