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sPhantom Auto Trader (By sPhantom Auto Trader )

Gain : +694.0%
Drawdown 91.94%
Pips: 1266.4
Trades 261
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Automated

sPhantom Auto Trader Discussion

ProActiveT
Jan 23 2014 at 12:55
22 posts
Don_P posted:
Hi Guys,

I bought this EA a few weeks ago and I have an issue with risk percentage change(lots). I can't change it as everytime I do that and press OK, when I open that settings window again it remains the same. Contacted both sphantom services and IBFX, none of them could help. Maybe somebody have any ideas?

Thanks

Hi Don. I had the same problem but even if the window was always going back to the original value, the risk percent was actually changed for real. Try to save with the value you want and do not reopen the window and check your lot size on next transaction.
willgart
Jan 23 2014 at 14:02
588 posts
ProActiveT posted:
Don_P posted:
Hi Guys,

I bought this EA a few weeks ago and I have an issue with risk percentage change(lots). I can't change it as everytime I do that and press OK, when I open that settings window again it remains the same. Contacted both sphantom services and IBFX, none of them could help. Maybe somebody have any ideas?

Thanks

Hi Don. I had the same problem but even if the window was always going back to the original value, the risk percent was actually changed for real. Try to save with the value you want and do not reopen the window and check your lot size on next transaction.
did you see any message in the MT4 log window or expert window?
did you try to save the config to a set file, close, reopen the config window and load the save set config instead of typing the numbers?
msthet
Jan 23 2014 at 14:50
8 posts
willgart posted:
ForeignDevise posted:
Dont break whats not broken ...
Sooo, a system with a rr of 1:25, only about 125 trades so far and a sl which blows your acc if you have the same settings as the vendor is good? Even worse you'll never see the sl getting hit because the sl is set at 140%+ drawdown!
You may also notice that they blew up acc's in the past and then just stopped any service - came back with a new name and slightly modified system.
Yeah im fine with that, as long as it makes money :P
again... any proof?
what was these EAs/signal names?
please share detailed and valid information...

I am tired of seeing the accusations like this. I have followed this thread a couple of weeks before I decided to buy sPhantom. Man, come on! If you have the proof, put it out so that we all can see it and act according to it.

Don't have a proof? Aren't you ashamed of accusing someone with what he/she did not do? I live with the rule 'innocent until proven guilty'.

I am currently happy with this EA. It may wipe out my account in the future, but that's the risk that we all accepted to enter this field of Forex.

I would like to thank all who shared their info, experience and criticisms for peer review of this EA. Good day all!

msthet
Jan 23 2014 at 14:50
8 posts
abh262 posted:
can anyone suggest a good broker with suitable laverage to run 10k account with this ea. thank you

I would suggest Dukascopy or FxPrimus. Both are pretty good brokers.
Back Pearl
husar2003
Jan 23 2014 at 15:43
102 posts
willgart posted:
ProActiveT posted:
Don_P posted:
Hi Guys,

I bought this EA a few weeks ago and I have an issue with risk percentage change(lots). I can't change it as everytime I do that and press OK, when I open that settings window again it remains the same. Contacted both sphantom services and IBFX, none of them could help. Maybe somebody have any ideas?

Thanks

Hi Don. I had the same problem but even if the window was always going back to the original value, the risk percent was actually changed for real. Try to save with the value you want and do not reopen the window and check your lot size on next transaction.
did you see any message in the MT4 log window or expert window?
did you try to save the config to a set file, close, reopen the config window and load the save set config instead of typing the numbers?
On some pc it might not work to install metatrader in progam or program68 directory. There is in issue with 'UAC' rights about
I always install NOT in program(68) folder but in normal directory, because metatrader directory will be written all the time with open files what is not a normal thing for pure program files. The save option might fail ?! Look into 'experts' and 'journal' tabs anyway to make sure no errors occur.
Ken Grakauskas (Michigander)
Jan 23 2014 at 15:49
321 posts
msthet posted:
abh262 posted:
can anyone suggest a good broker with suitable laverage to run 10k account with this ea. thank you

I would suggest Dukascopy or FxPrimus. Both are pretty good brokers.

Dukascopy isn't really committed to MT4. They just recently started using it and it is provided by a bridge. There's been a lot of problems with bridges and most brokers got rid of them a couple years ago.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
UncleSteve
Jan 23 2014 at 17:58
45 posts
I would never suggest a broker. Even the big guys go down sometimes and if today's wunderkind is tomorrow's bankrupt bucket shop, I don't want to have led anyone there.
"Press On" has solved and will always solve, the problems of the Human Race
msthet
Jan 23 2014 at 20:16
8 posts
Michigander posted:
msthet posted:
abh262 posted:
can anyone suggest a good broker with suitable laverage to run 10k account with this ea. thank you

I would suggest Dukascopy or FxPrimus. Both are pretty good brokers.

Dukascopy isn't really committed to MT4. They just recently started using it and it is provided by a bridge. There's been a lot of problems with bridges and most brokers got rid of them a couple years ago.

Hmm, I did not know that. Thanks for the info.
Don_P
Jan 24 2014 at 09:30
7 posts
GPzz posted:
@Don_P: change the settings NOT in the left window list but clicking the right button on the graph, then select expert and change your settings.

Thanks GPzz, helped a lot!
ForeignDevise
Jan 24 2014 at 09:30
15 posts
Id love to see an actual ea (not a signal) with a strategy-setup close to this! I calculated a SL of 166.6' and a risk of 15-25 should be just fine. Id also set a TS to 11 pips with a starting distance of 1 pip - fast increasing the distance at first; slower over time; asymptote at 5 or so.
You folks need proof? Well than use google and read about sPahntom. Im not the one caring about your money.
Its also important not to trust in any comment made here, the developers are here aswell for sure :D
Actually i think they could sell on a more reliable base - eg using a realistic sl; monthly payment; acc's with other brokers; ea not signal - but they kinda dont want to :/
ForeignDevise
Jan 24 2014 at 09:30
15 posts
@msthet
And i usually prefer not to risk 100% + 300$ in every trade ^^

Brendan (Brendan777)
Jan 24 2014 at 13:09
101 posts
@ForeignDevise It's a signal service because there are human interventions involved, I would surmise SP is a combination of EA with humans involved. To be honest, it really does not matter how it works, the results speak for itself so far.

However, why is it exactly that you are here? You are obviously not a customer, so the next best guess is that you are a saint of some sort trying to save us all from a bad program. However, an assessment of your grammar and usage of emoticons tells us that you are probably not quite old enough to be saintly yet, or probably drink for that matter. You make generalizations of this EA/signal as well as its author and the only evidence you've provided is to tell us to use Google? Sad really, but thank you for your concern, I am sure the majority of us couldn't have made a decision without your most valuable inputs.
Ken Grakauskas (Michigander)
Jan 24 2014 at 14:47
321 posts
However, why is it exactly that you are here? You are obviously not a customer, so the next best guess is that you are a saint of some sort trying to save us all from a bad program. However, an assessment of your grammar and usage of emoticons tells us that you are probably not quite old enough to be saintly yet, or probably drink for that matter. You make generalizations of this EA/signal as well as its author and the only evidence you've provided is to tell us to use Google? Sad really, but thank you for your concern, I am sure the majority of us couldn't have made a decision without your most valuable inputs.

Brendan, you want to borrow my sledgehammer? its right here by the side of my bed. ROFLMAO.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
arya
forex_trader_[12567]
Jan 24 2014 at 14:49
276 posts
okay... will you pleased just be quite and see what will happen at the end?
UncleSteve
Jan 24 2014 at 17:29
45 posts
A sledgehammer by your bed? I prefer an axe. It's here too, by the way, if you need it...
"Press On" has solved and will always solve, the problems of the Human Race
Brendan (Brendan777)
Jan 25 2014 at 04:03
101 posts
@Ken Ha, thank you sir, but I believe you are the only one who can wield it effectively.

 
FXWorkz (Silverthorn)
Jan 26 2014 at 07:37
268 posts
@Michigander Ken are you still running sPhantom?
You can't spend open trades.
Ken Grakauskas (Michigander)
Jan 26 2014 at 13:13
321 posts
Silverthorn posted:
@Michigander Ken are you still running sPhantom?

Yes. What makes you think I'm not that makes you ask?
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
JSR111
Jan 26 2014 at 22:13
21 posts
Hi everyone! Very informative with lots of senior traders here! Thanks to all. Anyone here using pepperstone? Will it work well with Sphantom?
FXWorkz (Silverthorn)
Jan 26 2014 at 22:13
268 posts
Just saw the archived sPhantom on your chart and missed the real one a few lines below. Getting old and blind I guess! 😳
You can't spend open trades.
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