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sPhantom Auto Trader (By sPhantom)

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

sPhantom Auto Trader Discussion

Brendan777 (Brendan777)
Feb 19 2014 at 19:09
101 posts
Support is nonexistent right now, but at least the EA is working. Hope the authors can give us an update on what has been changed.

arya
forex_trader_[12567]
Feb 19 2014 at 21:41
276 posts
izemoish posted:
Gendam posted:
Hallo.. Im intresting your EA. Before i buy it, could you explain in general how it works. Thankyou


SCAM WARNING!!! BECAREFUL DON'T SIGN UP WITH ANY KIND OF SIGNAL BY AUTO TRADER OR AUTO EXECUTION SIGNAL SERVICE.


so, give your sphantom license to me for free :)

JTH123
Feb 19 2014 at 21:57
10 posts
Opportunist they are everywhere. Buy it like most of us here.

wjdevo
Feb 20 2014 at 08:24
3 posts
izemoish is a loser! Having a fat cry because he lost money he couldn't afford. What does risk capital mean to you izemoish?

9 profit trades in a row! go Sphantom. Keep it up Benton.

Silverthorn (Silverthorn)
Feb 20 2014 at 08:32
268 posts
Lovin it!! Running at 50.00 risk and happy with the results. If it blows out again that's just how it is. This is a HIGH RISK EA. Treat it as such and stop bitching about the draw downs. They WILL HAPPEN. That's life and if you don't have THE STOMACH FOR IT THEN YOU NEED TO PUT YOUR MONEY IN THE BANK.. Thank you sPhantom for an EXCELLENT EA!!!!!!!

You can't spend open trades.
waxdk
Feb 20 2014 at 14:53
4 posts
Interested buying a phantomEA license. add me on skype @lordgiap. thanks =)

enicolasgomez
Feb 20 2014 at 17:31
23 posts
Can anyone explain to me how does sPhantoms covering work? It looks like a hedge but in the same direction than original trend and not oppposite. This doesn't make sense,it's like doubling the lot of a positions that has gone away out of the money.
Also, does anyone know about how their signals are started? Is there a real team as developer say they are or it's just a single EA running on signals?

Silverthorn (Silverthorn)
Feb 20 2014 at 19:37
268 posts
enicolasgomez posted:
Can anyone explain to me how does sPhantoms covering work? It looks like a hedge but in the same direction than original trend and not oppposite. This doesn't make sense,it's like doubling the lot of a positions that has gone away out of the money.
Also, does anyone know about how their signals are started? Is there a real team as developer say they are or it's just a single EA running on signals?


The second position brings the BE and TP closer to the current price allowing it to close on a smaller reversal.

You can't spend open trades.
Ben Scoobert
forex_trader_[921]
Feb 20 2014 at 20:09
276 posts
Silverthorn posted:
enicolasgomez posted:
Can anyone explain to me how does sPhantoms covering work? It looks like a hedge but in the same direction than original trend and not oppposite. This doesn't make sense,it's like doubling the lot of a positions that has gone away out of the money.
Also, does anyone know about how their signals are started? Is there a real team as developer say they are or it's just a single EA running on signals?


The second position brings the BE and TP closer to the current price allowing it to close on a smaller reversal.


In other words it adds to the loser and hopes for the best. Sometimes the inevitable will happen, with luck they will make more than the occasional big loss.

ForeignDevise
Feb 20 2014 at 20:11
15 posts
You could call this a 'kinda martingale'; it doubles the positionsize if the trade goes wrong. But if it looses it looses till the margincall. Both positions get closed very fast if they go into profit - just a few pips - which easily leads to inaccuracies and loss of the slave accounts (our accounts) due to slippage and out-/input lagg. This also improves the successrate (the few pips not the loss ^^).
The last year was pretty good for a system like sPhantom, rather low amplitude and not too trendy. But if you look in the past at a bigger frame you see that this is rather the exception. At some point bigger movements will come back and thats the time where sP will die.
But take your own decisons

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