MillionDollarPips.v2.EA
_ at one time was very popular. It got to the point that some brokers even reset their customers' profits, if it turned out that the work was done with this EA. Since its inception several years have passed, but its popularity is not quenched, so to study its effectiveness is definitely worth it. In the past, Trillion Dollar Pips showed an excellent result, accelerating the deposit for the year in dozens of times.
Сharacteristics of MillionDollarPips.v2.EA
Platform: Metatrader4
Currency pairs: Only .EURUSD,GBPUSD,USDJPY,USDCHF,USDCAD,EURJPY,
EURGBP,AUDUSD,NZDUSD;
Around the clock
Current EA version: 2.0
Recommended broker: timeframe M1 (ECN account);
(IC Markets)
(LMAX)
(Pepperstone)
(WELTRADE)
( FxPro)
(XM)
(Exness)
(Forex.com)
(GO Markets)
(Multibank Pro)
(FBS)
(FXOpen ECN)
(AxiTrader Pro)
(FXCM)
(RoboForex ECN-Pro)
(Alpari-Pro.ECN)...
Principle of work and trade strategy of the MillionDollarPips.v2.EA
MillionDollarPips.v2.EA operates on the basis of 5 standard Metatrader4 indicators. Are used:
Bollinger Bands
Williams’ Percent Range (WPR)
three Force Index with different periods
Market analysis is as follows:
Deals are concluded only in moments of increased volatility, the first signal - the price approaches one of the BB's borders.
Next is a check on the WPR indicator, by this time the indicator should be in the overbought zone (for short positions) or in the oversold zone (for long positions).
The last check is for the three Force Index. The maximum for sales and the minimum for purchases must be achieved on them.
trilliondollarpips-trading-strategy
Despite the work on the minute chart, deals are relatively rare. Trade is conducted by pending orders, and the target for the deal is 2-4 points.
The EA opens several deals at once and closes them very quickly, often in just a few seconds. On a real account of slippages, requotes and delays in performance can play a huge role.
MillionDollarPips.v2.EA for profitable work needs very good, fast execution, good connection to the network (ie it is worth using VPS), as well as spread on EURUSD. not exceeding 10 pips.
EURUSD fixed lot (default settings)
Click for more information
EURUSD dynamic lot (max 100), risk 5%
EURUSD dynamic lot (max 100), risk 5%
Also, the EA will work only on brokers with 5-digit quotes. For example, Alpari.
Backtest of MillionDollarPips.v2.EA
EURUSD fixed lot (default settings)
MillionDollarPips.v2.EA-eurusd-backtest-lot-001Click for more information
EURUSD dynamic lot (max 100), risk 5%
MillionDollarPips.v2.EA-eurusd-backtest-lot-100Click for more information
Monitoring of the EA's trade from the developers
Be careful and first check its work on the demo account. I wish you all the best and the greatest profit!
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