sPhantom Auto Trader (By sPhantom)
| Gain : | +694.0% |
| Drawdown | 91.94% |
| Pips: | 1266.4 |
| Trades | 261 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:400 |
| Trading: | Automated |
sPhantom Auto Trader Discussion
Member Since Jan 21, 2014
15 posts
Jan 23, 2014 at 07:27
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
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
Jan 23, 2014 at 07:35
ProActiveT posted:
Oh well. Another transaction at 8.1pips with XM.com
I will confirm my switch next week to HotForex.
Anyone has tried them?
Exactly 10 for me, minus one pip for commission. I have used hotforex a year ago. They are a good broker. But, I prefer FxPrimus.
Sink or swim!
Jan 23, 2014 at 07:49
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
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
Member Since Jun 03, 2013
80 posts
Jan 23, 2014 at 07:50
ovisun posted:Darren2013T posted:
Actually the price (Bid and ask) for every broker is not exactly the same, as you can open up few broker and compare the LIVE price. They are slightly different due to spread and speed. So some of us might not have the same result. I have asked sphantom to close the price slightly more a few pips, so our close price would have slightly better gain.
And I ask now, here, sphantom to not change something which is working. If Darren likes more money, he can increase the risk for himself, not to increase the risk for everybody by changing the EA.
Regards.
What i mean is if sphantom does not to change the main core of this EA, but still able to achieve the good result, then it would be great to close slightly a few pips lately.
Jan 23, 2014 at 08:14
(edited Jan 23, 2014 at 08:24)
@ProActiveT: in 2 months using Hotforex FixAccount and their VPS never had problems. Only 1 time I got less than 10 pips, otherwise always 10.0 pips, like a swiss clock.
Member Since Sep 23, 2013
45 posts
Jan 23, 2014 at 11:28
(edited Jan 23, 2014 at 11:30)
UncleSteve posted:
Help a dumb new guy... how does one 'turn off the automation'?
willgart posted:well... stop the EA... but you will increase the risk!!!
last week sphantom close the trades in break even, which was a good decision, if you stop the EA you will not receive these safe close signals... and you can be in big trouble!!!
OK, but I would add the MM strategy I have been using on my other trades: set SL at previous swing and set TS==SL. No TP.
Always build on what ain't broken and improve it
"Press On" has solved and will always solve, the problems of the Human Race
Member Since Dec 21, 2013
11 posts
Jan 23, 2014 at 11:35
Don_P posted:Hi Don,
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
what is the value you trying to enter?
most probably this value is defined as a real value on the EA code. try to enter 10.0 or 30.0 and it should work
Jan 23, 2014 at 12:32
ForeignDevise posted:again... any proof?
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
what was these EAs/signal names?
please share detailed and valid information...
Member Since Dec 28, 2013
22 posts
Jan 23, 2014 at 12:52
GPzz posted:
@ProActiveT: in 2 months using Hotforex FixAccount and their VPS never had problems. Only 1 time I got less than 10 pips, otherwise always 10.0 pips, like a swiss clock.
Thanks for the info, I'll change now to be ready next week.
Have a great day!
Member Since Dec 28, 2013
22 posts
Jan 23, 2014 at 12:55
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.
Jan 23, 2014 at 14:02
ProActiveT posted:did you see any message in the MT4 log window or expert window?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 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?
Jan 23, 2014 at 14:50
willgart posted:ForeignDevise posted:again... any proof?
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
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!
Sink or swim!
forex_trader_159748
Member Since Oct 31, 2013
102 posts
Jan 23, 2014 at 15:43
willgart posted:On some pc it might not work to install metatrader in progam or program68 directory. There is in issue with 'UAC' rights aboutProActiveT posted:did you see any message in the MT4 log window or expert window?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 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?
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.
Member Since May 08, 2012
321 posts
Jan 23, 2014 at 15:49
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.
Member Since Sep 23, 2013
45 posts
Jan 23, 2014 at 17:58
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
Jan 23, 2014 at 20:16
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.
Sink or swim!
Member Since Jan 21, 2014
15 posts
Jan 24, 2014 at 09:30
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 :/
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 :/
