What does
Pip Cop do?

Icon/Color key
Ordered by equity
RoboMiner LIVE
$2229 · $-5,454 · $5/d
    Updated : 2010-03-14 10:15am CDT
Detailed Stats


Go Back   Home > Forums > Forex Robot Reviews > Previous robot reviews

» Welcome to the Pip Cop - Forex Robot Reviews and forums.
PipCop reviews MetaTrader Forex robots (EA's) in real-time and posts detailed statements every 15 minutes.
We ONLY forward test on real accounts for the most accurate robot reviews!

Be smart! Read the Review FAQ or you WILL lose money!
If you enjoy the site, please let me know by registering or donating! Thanks! -- PipCop
P.S. This message is hidden if you register!

Previous robot reviews Previous reviews of robots, some good, some bad.
Reply
 
LinkBack Thread Tools Display Modes
Old 2009-01-27, 01:49 PM   #21 (permalink)
Pip Detective
 
Trader for 4 - 8 years
Location: NJUSA
Posts: 32

Default

Demo vs. Live is not the question. All things being equal, its WHICH Broker does best with the EA, IF the EA makes any money, etc. Some brokers' environments just won't support scalping. That is likely to come out in a demo test -- but only 1 between the 2. my live accounts are run in parallel with the same demos and the spread stuff effects the profit potential and if the trades should be taken. When a trade is triggered on LIVE, its there in demo. but demo may take more trades than live and the potential for success or failure is there. In any case, this test here would show which brokerage is most amenable to this robot; the best one vs the worst one here is more than likely to parallel Live accounts. What I do draw the line at, however, is backtests which I think would give you an idea how the robot would perform. Longer term robots here would work better than scalping robots. Get my drift?
masterpiper
masterpipper is offline   Reply With Quote
   
 
Old 2009-01-27, 02:04 PM   #22 (permalink)
Rookie Pip Officer
 
Trader for 2 - 4 years
Location: Australia
Posts: 22

Default

Quote:
Originally Posted by masterpipper View Post
Demo vs. Live is not the question. All things being equal, its WHICH Broker does best with the EA, IF the EA makes any money, etc. Some brokers' environments just won't support scalping. That is likely to come out in a demo test
no. that was my point . that wont come out in a demo; only in a live account. demo accounts are play. live accounts arent. so thousands and thousands of simultaneous orders sent through to the broker by clients using identical EAs on live accounts will result in problems (slippage + wider spreads) which do not show up on the demo.

Last edited by Stormin_Norman; 2009-01-27 at 02:06 PM.
Stormin_Norman is offline   Reply With Quote
Old 2009-01-27, 03:14 PM   #23 (permalink)
Pip Chief of Police
and Site Owner
 
PipCop's Avatar
 
Trader for 2 - 4 years
Location: Sterling, VA, USA
Posts: 1,239
My Trading Journal


Trading Live with:
RoboMiner Pro (2 instances)
Default

I agree. However, that's why I'll put this on a live account pending the end of the probationary 90 day review. Then we can all see how it operates in real life.

Patience, my friends, patience!
__________________
> Don't get busted by PipCop ... Read the Rules!
> Questions? Please read the REVIEW FAQ first!

> Have a Forex link? Add it to the Links Directory
> How to link your MT4 statement to your profile
PipCop is offline   Reply With Quote
Old 2009-01-27, 03:18 PM   #24 (permalink)
Rookie Pip Officer
 
Trader for 2 - 4 years
Location: Australia
Posts: 22

Default

Quote:
Originally Posted by PipCop View Post
I agree. However, that's why I'll put this on a live account pending the end of the probationary 90 day review. Then we can all see how it operates in real life.

Patience, my friends, patience!
yes, the method is great. the litmus test will come when you select a broker .
Stormin_Norman is offline   Reply With Quote
Old 2009-01-29, 01:54 AM   #25 (permalink)
Rookie Pip Officer
 
Trader for 2 - 4 years
Location: Kenya
Posts: 46


Trading Live with:
AssetBuilder
Default No trades

Hi pipcop,
Thanks for the promotion to rookie pip officer.My goal is to make Detective.
I am also testing this EA on a demo account (Alpari UK).The problem is that I havent had any trades this week??!!! I check every morning and see your closed trades but on my side, no trades. I'm using scalper strategy on EUR/GBP running on forex vps. I think the problem is my settings.Are you using default settings?
mitaji is offline   Reply With Quote
Old 2009-01-29, 06:16 AM   #26 (permalink)
Rookie Pip Officer
 
Trader for 4 - 8 years
Location: Czech Republic
Posts: 49


Default

Quote:
Originally Posted by mitaji View Post
Hi pipcop,
Thanks for the promotion to rookie pip officer.My goal is to make Detective.
I am also testing this EA on a demo account (Alpari UK).The problem is that I havent had any trades this week??!!! I check every morning and see your closed trades but on my side, no trades. I'm using scalper strategy on EUR/GBP running on forex vps. I think the problem is my settings.Are you using default settings?
Have you enabled .dll?
david.jukl is offline   Reply With Quote
Old 2009-01-29, 08:16 AM   #27 (permalink)
Rookie Pip Officer
 
Trader for 2 - 4 years
Location: Kenya
Posts: 46


Trading Live with:
AssetBuilder
Default

I have enabled .dll so I dont understand what the problem is.
mitaji is offline   Reply With Quote
Old 2009-01-29, 08:50 AM   #28 (permalink)
Pip Chief of Police
and Site Owner
 
PipCop's Avatar
 
Trader for 2 - 4 years
Location: Sterling, VA, USA
Posts: 1,239
My Trading Journal


Trading Live with:
RoboMiner Pro (2 instances)
Default

Yes, all default settings. Have you checked your Experts log and Journal in MetaTrader? Does it say anything there?
__________________
> Don't get busted by PipCop ... Read the Rules!
> Questions? Please read the REVIEW FAQ first!

> Have a Forex link? Add it to the Links Directory
> How to link your MT4 statement to your profile
PipCop is offline   Reply With Quote
Old 2009-01-29, 09:06 AM   #29 (permalink)
Pip Chief of Police
and Site Owner
 
PipCop's Avatar
 
Trader for 2 - 4 years
Location: Sterling, VA, USA
Posts: 1,239
My Trading Journal


Trading Live with:
RoboMiner Pro (2 instances)
Default

I just have to mention ... I am really fascinated by the difference in brokers. I am very glad I started testing this on multiple accounts. I will have to go back and re-do a lot of the older reviews that failed because perhaps they were victims to bad brokers!
__________________
> Don't get busted by PipCop ... Read the Rules!
> Questions? Please read the REVIEW FAQ first!

> Have a Forex link? Add it to the Links Directory
> How to link your MT4 statement to your profile
PipCop is offline   Reply With Quote
Old 2009-01-29, 09:09 AM   #30 (permalink)
Pip Chief of Police
and Site Owner
 
PipCop's Avatar
 
Trader for 2 - 4 years
Location: Sterling, VA, USA
Posts: 1,239
My Trading Journal


Trading Live with:
RoboMiner Pro (2 instances)
Default

Quote:
Originally Posted by mitaji View Post
Hi pipcop,
Thanks for the promotion to rookie pip officer.My goal is to make Detective.
Just an FYI - that is based on the number of posts you make on the site. It's covered in the site info here:

http://www.PipCop.com/forums/site-info-announcements/33-new-user-accounts-faq.html
__________________
> Don't get busted by PipCop ... Read the Rules!
> Questions? Please read the REVIEW FAQ first!

> Have a Forex link? Add it to the Links Directory
> How to link your MT4 statement to your profile
PipCop is offline   Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes





All times are GMT -5. The time now is 10:29 AM.

Powered by vBulletin ®
Site content and design Copyright © 2009 PipCop, LLC.
Site designed, hosted, and maintained by One Web Ave
Template by vBSkinworks.
Content Relevant URLs by vBSEO 3.3.2