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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

yoed
Dec 18 2013 at 11:13
8 posts
haalo sphantom, i just sent your an email,, please help me..

I can't connecy to server...

Punani
Dec 19 2013 at 07:10
4 posts
Hi all,

which EA's you additional use on your Accounts?
I use Forex Striker on cable and EUR / USD but he is not so profitabel.
Regards

@sPhantom
How is The strategy for the last days in this year?


BenM
Dec 19 2013 at 07:10
3 posts
I have already sent 2 support requests for this EA and no reply. I have only just bought it and it is not working. Here is what is happening:

I get a message on screen saying 'Wrong Account Number'.. Yes, I have checked the account number and it is correct.
I have set it up again about 3 or 4 times now on the member site, but it still says it is the wrong account.
I have removed the ea from the chart and then added it again. No good.
I have removed the ea, removed the chart, restarted mt4, then added the chart and added the ea. No good.

One very strange observation that has happened while trying to get it working was that the message changed to 'account validated' or something like that. This lasted about 30 minutes or more, until I needed to restart mt4 for another reason. When the mt4 started again, the message changed back to 'Wrong Account Number'.

I understand, that the ea probably would be or should switched off for this dead time of year, but I want to make sure it will work when trading starts again.


BenM
Dec 19 2013 at 07:10
3 posts
Update:

It has now been fixed.. Here is how, just in case someone else runs into this....
I am not sure the manual says this, but it seems you need to have the chart window maximised for the verification to work, or maybe it just affects the text that is displayed.. I am not sure, but maximising it seemed to fix it. You then seem to be able to change the window size after it has been verified. Hope that helps someone.


Back Pearl
husar2003
Dec 19 2013 at 08:34
102 posts
@BenM : you always have to maximize the window, i had the same problem and support answered friendly.
sphantom should fix it (or is this related to MT4 ?)
and/or put the 'always maximize this window' into the chart window.

sPhantom (sPhantom)
Dec 19 2013 at 11:29
62 posts
BenM posted:
I have already sent 2 support requests for this EA and no reply. I have only just bought it and it is not working. Here is what is happening:

I get a message on screen saying 'Wrong Account Number'.. Yes, I have checked the account number and it is correct.
I have set it up again about 3 or 4 times now on the member site, but it still says it is the wrong account.
I have removed the ea from the chart and then added it again. No good.
I have removed the ea, removed the chart, restarted mt4, then added the chart and added the ea. No good.

One very strange observation that has happened while trying to get it working was that the message changed to 'account validated' or something like that. This lasted about 30 minutes or more, until I needed to restart mt4 for another reason. When the mt4 started again, the message changed back to 'Wrong Account Number'.

I understand, that the ea probably would be or should switched off for this dead time of year, but I want to make sure it will work when trading starts again.



Dear Ben

I've answered all your emails and I'm sure it was before this post. Make sure to check your spam folder.

Please notice that we answer all emails less than 24 hours.

Regards

BenM
Dec 20 2013 at 08:56
3 posts
@sPhantom Your emails arrived after I had posted the post and before I posted the second post, which is why I posted about the maximised window. This solution was recommended in your email and it worked, so I posted it here so it may help someone else without the need to contact support. It is a simple solution, but drove me crazy trying to fix something that was such a simple thing to check and change. Most, if not all new mt4 installations default to a set of 4 tiled windows, so there is a fair chance that a new install will always have this problem unless the user changes the default layout.

Is it a problem with the mt4 platform or the ea?

Yes, you did answer within 24hrs as you have mentioned in your post. In fact your replies and positive feedback and attitude on here is one of the reasons I grabbed this EA.

I look forward to your future great trading results.

@husar2003 I could not see an 'always maximize this window' setting or whatever it may be, but it is ok, as I have no problem making sure this window is always maximised now that I know.

Thanks

jiang
Dec 20 2013 at 08:57
36 posts
Hello,all guys,
After I study the trade records for sPhantom && fx_papa again and again
(URL: https://www.forexpeacearmy.com/metatrader_expert_advisor/fx_papa/real)
,I am hundred percent sure that sPhantom is a reborn for fx_papa.
    Why? Let me prove it.
  1.For fx_para,there are some records with 2 positions or 3 positions to win EURUSD/GBPUSD,for example ,the following two trade record closed at the same time for fx_para

23814035 2012.04.18 04:00 buy 0.57 eurusdm 1.31235 0.00000 0.00000 2012.04.18 13:56 1.30975 0.00 0.00 0.00 -14.82 -26
23819475 2012.04.18 12:50 buy 0.57 eurusdm 1.30633 0.00000 0.00000 2012.04.18 13:56 1.30975 0.00 0.00 0.00 19.50 34
  
   sPhantom win some trades with 2 position on EURUSD

 2. sPhantom and fx_para have big stoploss when 2 trades failed.

 3.They have the same broker (IBFX Australia Pty Ltd) for test

 4.Firstly I do not understand why the Avg. Trade time Length for 10 pips is so long,but when you compare the Analytics

https://www.forexpeacearmy.com/metatrader_expert_advisor/s_phantom/real/analytics
Average trade length: 11 hours 50 minutes
Average trades opened daily/weekly/monthly: 1/4/14 ( EURUSD,not open trade for Friday)
https://www.forexpeacearmy.com/metatrader_expert_advisor/fx_papa/real/analytics
Average trade length: 8 hours 5 minutes
Average trades opened daily/weekly/monthly: 2/5/22 (GBPUSD and EURUSD)

The are very similar.Why? I find sometimes the first position is not a perfect position when the trade following the trend,they open at a high position when long,a low position when short,so it took much time to save the first position with the second trade.

 What it the problem or the risk for sPhantom && fx_papa?
For fx_para,

1. He stopped trading after a 40-50% Drawdown from 3 trades
2. he has made his live myfxbook system private
3. his EA failed to trade within its set sl llimit

For sPhantom,
  A live analyst will not open trades before the big news, so maybe the trend will not reverse with the news.I am afraid when
the analyst make a wrong decision.

If you decide to use sPhantom ,how to reduce the risk? You need to make a balance with the profit and the risk carefully,
reduce the SL or take small lots.Or when trend reverse,you can close the trades manually.


What about the vendor for sPhantom? I want to say,You are a clever guy,but not honest.If the customer accounts end like the fx_para again,how you feel? I understand it is not a easy job to build a EA,but you need to tell the customers about the risk for sPhantom or fx_para.

Thanks
Jiang




Back Pearl
husar2003
Dec 20 2013 at 10:25
102 posts
@jiang May be may not be.

Time will show results. And as far i can see they are good.
If there is a big loss some day with this ea or others : it depends on your entry point.
It can catch anybody at any time with or without ea.
If having profit before loss may be acceptable, if not having profit before it may blow your account.

Therefore : choose risk level carefully. Make sure you can survive 800 - 1000 PIPS down or up (means couple of big losses IF wrong direction, but this ea seems to have a good entry).
This is the rule for ALL ea and manual trading and some vendors honestly describe this in their manual: big account , small positions if you want safely survive with low profit. Low account big risk : big profit and fast blowing up. This would be greed and this is not trading but gambling.

Right now sphantom BUYS :shocking: All my other ea do SELLs on same level. This might be related to different models / timeframes. I guess most ea think ofvery short time profits even when running on H1. sphantom could have a midterm component for that a draw down ist o.k.

GPzz (GPzz)
Dec 20 2013 at 14:29
16 posts
@husar2003
I was also shocked to see such a BUY position in a clear down trend after news about tapering. This trend is largely expected, why to place a BUY?? This position entered in a slight move up which then quickly turned bearish again. Now it's heading to the TP (let's hope) but I don't understand if the entry points are just inaccurate or the whole strategy is considering a mid term which now it is not clear to me..
The risults till now are very good.. but to see how it fails frequently to open the positions gives me some concerns.

I see you use other EAs, can you share which ones are producing good results in your personal experience?

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