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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

R3DWiNG
Dec 20 2013 at 14:30
85 posts
I think their analyst knows where news will go. They win even on big news.

willgart
Dec 20 2013 at 14:41
588 posts
husar2003 posted:
@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.


ok guys... if you are so good traders... why are you using an EA if you know what the trend is?
oh... what??? trades closed in profit... again!!! and not in the trend!!! ooohhh... bad sPhantom I got additional profits ;)

Back Pearl
husar2003
Dec 20 2013 at 14:57
102 posts
@willgart That's the point, i agree.

Anubis (Anubis)
Dec 20 2013 at 15:48
87 posts
I emailed them that exact same question. Why take a long position so soon after the tapering announcement. Their response, which I guess I can understand, is that they provide technical help for the EA, but does not discuss the strategy. Looks like a retracement strategy to me.

"Risk means more things can happen than will happen."
sPhantom (sPhantom)
Dec 20 2013 at 21:15
62 posts
BenM posted:
@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


Dear @BenM

We will add this note to the manual in the next update.

I appreciate your support.


Regards

sPhantom (sPhantom)
Dec 20 2013 at 21:54
62 posts
Dear Traders

Because of coming holidays sPhantom won't open any trade next week.

We wish you a Merry Christmas and a happy new year.


Regards

borncorp
Dec 20 2013 at 22:13
11 posts
My account is going down, it seems that I am not catching the profitable trades, only the bad ones get opened. I contacted Sphantom and they replied

'These situations are normal and are because of difference between brokers tick data.
In some brokers the yesterday position touched the TP while in our account it was on +9.8 pips.
Please notice that we can't do anything about it but you can be sure that we always manage open orders.'

I have a VPS and I am using IBFX in the US, is anybody experiencing the same issues? Does anybody have a good broker thats catching all the trades?


sPhantom (sPhantom)
Dec 20 2013 at 22:44
62 posts
borncorp posted:
My account is going down, it seems that I am not catching the profitable trades, only the bad ones get opened. I contacted Sphantom and they replied

'These situations are normal and are because of difference between brokers tick data.
In some brokers the yesterday position touched the TP while in our account it was on +9.8 pips.
Please notice that we can't do anything about it but you can be sure that we always manage open orders.'

I have a VPS and I am using IBFX in the US, is anybody experiencing the same issues? Does anybody have a good broker thats catching all the trades?



@borncorp

Hi , What is your account leverage? What risk setting are you using?


Regards

Anubis (Anubis)
Dec 20 2013 at 23:22
87 posts
Hi @borncorp.
I sent you a message on your myfxbook page. It seems your EA is not opening the second trade when it needs to be. I will message you with a broker recommendation. If you go to: sphantom-Anubis2, you can follow my account which has been very close to the vendors.

"Risk means more things can happen than will happen."
borncorp
Dec 21 2013 at 11:29
11 posts
sPhantom posted:
borncorp posted:
My account is going down, it seems that I am not catching the profitable trades, only the bad ones get opened. I contacted Sphantom and they replied

'These situations are normal and are because of difference between brokers tick data.
In some brokers the yesterday position touched the TP while in our account it was on +9.8 pips.
Please notice that we can't do anything about it but you can be sure that we always manage open orders.'

I have a VPS and I am using IBFX in the US, is anybody experiencing the same issues? Does anybody have a good broker thats catching all the trades?



@borncorp

Hi , What is your account leverage? What risk setting are you using?


Regards


Its a US account so leverage 50:1 . Risk 10

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