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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

Mouradh
Nov 07 2013 at 17:56
16 posts
Dear Sphantom.. the last trade track shows that price went in your favor for 137 pips, but EA didn't close the trade then, it waited and closed it only for profit of 9 pips! what's the point???

willgart
Nov 07 2013 at 18:05
588 posts
Mouradh posted:
Dear Sphantom.. the last trade track shows that price went in your favor for 137 pips, but EA didn't close the trade then, it waited and closed it only for profit of 9 pips! what's the point???

its the strategy. the EA has a TP of 10pips, and its fine like this.
trying to get more may results in more losses... as you increase the risk.
when you'll see a reverse signal just after the 10pips target, you will be happy to have the EA just trying to get 10pips and not more...

sPhantom (sPhantom)
Nov 07 2013 at 22:27
62 posts
I want to mention here for the last time that we are not related to any other website or company, at the past and at the moment.

Also I want to thank @Michigander for his honest recommendations.

This is not a risk free system. Invest money you can afford to lose.

sPhantom (sPhantom)
Nov 07 2013 at 22:30
62 posts
Mouradh posted:
Dear Sphantom.. the last trade track shows that price went in your favor for 137 pips, but EA didn't close the trade then, it waited and closed it only for profit of 9 pips! what's the point???

@Mouradh

As @willgart mentioned the TP is always 10 pips.

Michigander (Michigander)
Nov 07 2013 at 22:39
321 posts
Between You and panpan123
panpan123
panpan123 4 Hours ago
Can you share sphantom EA? Thank you, I can decompile it

Michigander
Ken Grakauskas (Michigander) a moment ago
Why would I do that to a successful EA? Why would I want to pay, to give it to you, so you can dilute my profits with a bunch of other users?

I guess there is scum on both sides of the developer and user fence, eh?

War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Mouradh
Nov 07 2013 at 22:39
16 posts
Hahaaa
Yes, I know..small profits and small risk are better than the bigger ones.

What I meant is: the price first made a huge move in your favor [+130 pips] then retraced back to 10 pips and the software closed the trade.
It means: we had initial 10 pips move that the EA didn't react to and it reached 130 then came back to 10, only then the EA reacted and closed the trade.. So I'm not asking why the software didn't stay in the trade, I'm asking: Why it didn't close earlier at 10 pips and waited to move 130 pips [in our favor] then came back to 10 pips!

What I'm afraid of: The EA stopped responding due to the quick move. When it does this in our favor, it's OK.. but If the same happened when the trade is heading towards the SL.. this would be dangerous..

Thank you for being patient, although I'm still watching and didn't buy the EA yet.
Mourad

Anubis (Anubis)
Nov 07 2013 at 22:58
87 posts
Michigander posted:
Between You and panpan123
panpan123
panpan123 4 Hours ago
Can you share sphantom EA? Thank you, I can decompile it

Michigander
Ken Grakauskas (Michigander) a moment ago
Why would I do that to a successful EA? Why would I want to pay, to give it to you, so you can dilute my profits with a bunch of other users?

I guess there is scum on both sides of the developer and user fence, eh?


I got the same stupid request. Didn't bother to waste my time responding. panpan123: If you want the EA, do what the rest of us did. Plop down $300 and get it yourself.

"Risk means more things can happen than will happen."
mrkmrk
Nov 08 2013 at 09:32
5 posts
Mouradh posted:
Hahaaa
Yes, I know..small profits and small risk are better than the bigger ones.

What I meant is: the price first made a huge move in your favor [+130 pips] then retraced back to 10 pips and the software closed the trade.
It means: we had initial 10 pips move that the EA didn't react to and it reached 130 then came back to 10, only then the EA reacted and closed the trade.. So I'm not asking why the software didn't stay in the trade, I'm asking: Why it didn't close earlier at 10 pips and waited to move 130 pips [in our favor] then came back to 10 pips!

What I'm afraid of: The EA stopped responding due to the quick move. When it does this in our favor, it's OK.. but If the same happened when the trade is heading towards the SL.. this would be dangerous..

Thank you for being patient, although I'm still watching and didn't buy the EA yet.
Mourad


Not true. The trade closed as soon as it reached TP. I've been at my charts at that moment and saw it. But some brokers did have problems during the big move.

Back Pearl
husar2003
Nov 08 2013 at 13:42
102 posts
mrkmrk posted:
Mouradh posted:
Hahaaa
Yes, I know..small profits and small risk are better than the bigger ones.
...
Mourad


Not true. The trade closed as soon as it reached TP. I've been at my charts at that moment and saw it. But some brokers did have problems during the big move.

My deal was 22.9 PIPS. Sure could me more. But if prices movefaster than quarks in space than a fine profit is better then landing in brokers chaos bin with loss ;)
11.07.2013 01:46 11.07.2013 13:45 EURUSD Sell 1.35085 1.34856 22.9 11h 59m 0.36%

R3DWiNG
Nov 08 2013 at 13:43
85 posts
Mouradh posted:
Hahaaa
Yes, I know..small profits and small risk are better than the bigger ones.

What I meant is: the price first made a huge move in your favor [+130 pips] then retraced back to 10 pips and the software closed the trade.
It means: we had initial 10 pips move that the EA didn't react to and it reached 130 then came back to 10, only then the EA reacted and closed the trade.. So I'm not asking why the software didn't stay in the trade, I'm asking: Why it didn't close earlier at 10 pips and waited to move 130 pips [in our favor] then came back to 10 pips!

What I'm afraid of: The EA stopped responding due to the quick move. When it does this in our favor, it's OK.. but If the same happened when the trade is heading towards the SL.. this would be dangerous..

Thank you for being patient, although I'm still watching and didn't buy the EA yet.
Mourad

It is really up to the broker. Most brokers have slow execution. Which takes some time to close trades and open trades.
Choose a fast execution broker.
My broker does the same. I know it sucks. Look at the journal tab. You will see 'request in process' which takes like 2~3 seconds on my broker's part.

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