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sPhantom Auto Trader (bei sPhantom)
| Gewinn : | +694.0% |
| Drawdown | 91.94% |
| Pips: | 1266.4 |
| Trades | 261 |
| Gewonnen: |
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| Verloren: |
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| Typ: | Real |
| Hebel: | 1:400 |
| Trading: | Automatisiert |
sPhantom Auto Trader Diskussion
Feb 25, 2014 at 19:27
Hi!
Use this EA to reset the SL level because the sPhantom support is not responding. Open in a separate chart, but note that this EA affects all open trades.
I use 65 pips, for example. Take look at the EA's history and you can calculate your own easily. I have observed that over a DD of 65 pips,
- Risk of losing increases
- Trade time increases (loses context, just stays in for gambling...)
- And of course, money risk increases!
I don't want another 250 pip "safety" SL. A 65 pip SL means the EA needs to have about 6-7 winning trades to 1 losing trade.
NOTE: you can rewrite this to reset the TP as well, if you would like to. If you do so, please post here. :)
Use this EA to reset the SL level because the sPhantom support is not responding. Open in a separate chart, but note that this EA affects all open trades.
I use 65 pips, for example. Take look at the EA's history and you can calculate your own easily. I have observed that over a DD of 65 pips,
- Risk of losing increases
- Trade time increases (loses context, just stays in for gambling...)
- And of course, money risk increases!
I don't want another 250 pip "safety" SL. A 65 pip SL means the EA needs to have about 6-7 winning trades to 1 losing trade.
NOTE: you can rewrite this to reset the TP as well, if you would like to. If you do so, please post here. :)
Anhänge:
Mitglied seit Jan 29, 2014
22 Posts
Feb 26, 2014 at 01:45
gombosg posted:
Hi!
Use this EA to reset the SL level because the sPhantom support is not responding. Open in a separate chart, but note that this EA affects all open trades.
I use 65 pips, for example. Take look at the EA's history and you can calculate your own easily. I have observed that over a DD of 65 pips,
- Risk of losing increases
- Trade time increases (loses context, just stays in for gambling...)
- And of course, money risk increases!
I don't want another 250 pip "safety" SL. A 65 pip SL means the EA needs to have about 6-7 winning trades to 1 losing trade.
NOTE: you can rewrite this to reset the TP as well, if you would like to. If you do so, please post here. :)
Hey, thanks for sharing. Got a question on your script:
StopLossPts = 600. Is that 60 or 600 Pips for stop loss?
Do I need to run this script each time a new position is being openned?
Feb 26, 2014 at 02:21
gombosg posted:
Hi!
Use this EA to reset the SL level because the sPhantom support is not responding. Open in a separate chart, but note that this EA affects all open trades.
I use 65 pips, for example. Take look at the EA's history and you can calculate your own easily. I have observed that over a DD of 65 pips,
- Risk of losing increases
- Trade time increases (loses context, just stays in for gambling...)
- And of course, money risk increases!
I don't want another 250 pip "safety" SL. A 65 pip SL means the EA needs to have about 6-7 winning trades to 1 losing trade.
NOTE: you can rewrite this to reset the TP as well, if you would like to. If you do so, please post here. :)
Thanks gombosq. I have changed 600 to 650 in the inputs tab. I'll give it a test.
"Risk means more things can happen than will happen."
forex_trader_113355
Mitglied seit Feb 22, 2013
116 Posts
Feb 26, 2014 at 03:35
Hi,
Use Swiss army EA to manage the trade. Its free EA and an excellent tool to manage trade after trade is entered by any EA or manually.
See the swiss army EA to download at http://www.forex-tsd.com/metatrader-4/7552-swiss-army-ea-automatic-order-management.html
Regards,
Dhiraj
Use Swiss army EA to manage the trade. Its free EA and an excellent tool to manage trade after trade is entered by any EA or manually.
See the swiss army EA to download at http://www.forex-tsd.com/metatrader-4/7552-swiss-army-ea-automatic-order-management.html
Regards,
Dhiraj
Mitglied seit Jun 03, 2013
79 Posts
Feb 26, 2014 at 04:16
(bearbeitet Feb 26, 2014 at 04:18)
gombosg posted:
I use 65 pips, for example. Take look at the EA's history and you can calculate your own easily. I have observed that over a DD of 65 pips,
- Risk of losing increases
- Trade time increases (loses context, just stays in for gambling...)
- And of course, money risk increases!
Well ideas. I just do the same works. Yes, average of DD is about 60-65 pips.
According to the statistics of DD
Total trades: 142 so far
>=60 pips DD: 13 with 9%
<60 pips DD: 129 with 91%
Feb 26, 2014 at 06:17
"StopLossPts = 600. Is that 60 or 600 Pips for stop loss?"
Yes, it is in points, the default value for MT4. 1 point is the last digit on the right side of any chart, e.g. for most brokers it is 0.00001 (1/10 pip) for most pairs except JPY.
"Well ideas. I just do the same works. Yes, average of DD is about 60-65 pips.
According to the statistics of DD
Total trades: 142 so far
>=60 pips DD: 13 with 9%
<60 pips DD: 129 with 91% "
Hopefully sPhantom will continue working with these stats. I'm gonna watch the red news this time though.
Does anyone know a way how to turn EA-s on/off according to a pre-set time? Or I have to start and stop MT4 (on a VPS) with a scheduler software?
Yes, it is in points, the default value for MT4. 1 point is the last digit on the right side of any chart, e.g. for most brokers it is 0.00001 (1/10 pip) for most pairs except JPY.
"Well ideas. I just do the same works. Yes, average of DD is about 60-65 pips.
According to the statistics of DD
Total trades: 142 so far
>=60 pips DD: 13 with 9%
<60 pips DD: 129 with 91% "
Hopefully sPhantom will continue working with these stats. I'm gonna watch the red news this time though.
Does anyone know a way how to turn EA-s on/off according to a pre-set time? Or I have to start and stop MT4 (on a VPS) with a scheduler software?
Mitglied seit Jun 03, 2013
79 Posts
Feb 26, 2014 at 12:02
(bearbeitet Feb 26, 2014 at 12:06)
Manually close the position in few positive pips. Price is waiting to jump soon and it stay in the middle of support and resistance line with indecisive movement.
Feb 26, 2014 at 12:22
Guys, you keep talking about the SL while again you let sPhantom trade before red news. Have you ever had the idea to have a look at Myfxbook economic calendar as a must do in your "strategy"? Actually you are again having an open trade 24 hours prior to Fed's Yellen speach + 3 more red news, 12 hours to FOMC meeting and 2 hours to New Home sales news. And I'm almost sure one more trade will be open tonight.
You may close in profit as most of the times happens, or you may experience one more time panic and a heavy loss just because you didn't mind it to switch the EA off according to the economic calendar.
You may close in profit as most of the times happens, or you may experience one more time panic and a heavy loss just because you didn't mind it to switch the EA off according to the economic calendar.
Feb 26, 2014 at 14:46
"Guys, you keep talking about the SL while again you let sPhantom trade before red news. Have you ever had the idea to have a look at Myfxbook economic calendar as a must do in your 'strategy'? Actually you are again having an open trade 24 hours prior to Fed's Yellen speach + 3 more red news, 12 hours to FOMC meeting and 2 hours to New Home sales news."
The trade you are mentioning has closed already in profit.
Well, there are red news almost every day. We can't help, there always will be 24/12/2 hours before, the only thing we don't want is actually staying in the trade while some news are moving the price in the wrong direction. Personally, I'm taking a look at it shortly before and acting accordingly.
"You may close in profit as most of the times happens, or you may experience one more time panic and a heavy loss just because you didn't mind it to switch the EA off according to the economic calendar."
And even then, setting a better SL ensures that in times of panic, the losses will be much smaller. :)
The trade you are mentioning has closed already in profit.
Well, there are red news almost every day. We can't help, there always will be 24/12/2 hours before, the only thing we don't want is actually staying in the trade while some news are moving the price in the wrong direction. Personally, I'm taking a look at it shortly before and acting accordingly.
"You may close in profit as most of the times happens, or you may experience one more time panic and a heavy loss just because you didn't mind it to switch the EA off according to the economic calendar."
And even then, setting a better SL ensures that in times of panic, the losses will be much smaller. :)
Mitglied seit Jun 03, 2013
79 Posts
Feb 26, 2014 at 16:01
Darren2013T posted:
Manually close the position in few positive pips. Price is waiting to jump soon and it stay in the middle of support and resistance line with indecisive movement.
Haha...a big drop. Is fine i get less than 10 pips profit.
Mitglied seit Aug 30, 2013
280 Posts
Feb 27, 2014 at 08:16
two trades in ... anyone panicking? lol
Mitglied seit Dec 31, 2012
97 Posts
Feb 27, 2014 at 08:29
Manually closed out for a small loss as well, this is not a set and forget EA, but it works well when it does.
BLTW777@
Mitglied seit Jun 03, 2013
79 Posts
Feb 27, 2014 at 08:47
forexpipcatcha posted:
two trades in ... anyone panicking? lol
I got one position only and it was already closed for 10 pips profit.
However, i don't think it is good to long, too early.
Mitglied seit Aug 30, 2013
280 Posts
Feb 27, 2014 at 08:58
look at the sphantom now on here it has two positions open
forex_trader_12567
Mitglied seit May 29, 2010
258 Posts
Feb 27, 2014 at 09:07
Darren2013T posted:forexpipcatcha posted:
two trades in ... anyone panicking? lol
I got one position only and it was already closed for 10 pips profit.
However, i don't think it is good to long, too early.
I got different too.
open price 1.36851 already closed for 10 pips profit while sphantom still open.
open price 1.36599 was not copied in my broker. open it manual :D
Mitglied seit Jun 03, 2013
79 Posts
Feb 27, 2014 at 09:16
(bearbeitet Feb 27, 2014 at 09:17)
forexpipcatcha posted:
look at the sphantom now on here it has two positions open
This is my position that was closed. You may check my LIVE account (LIVE_P200) here
02.27.2014 01:38 02.27.2014 03:28 EURUSD Buy 0.05 -60.00 10.00 1.36838 1.36938 10.0 5.00 1h 50m 2.93%
Feb 27, 2014 at 09:21
Darren2013T posted:forexpipcatcha posted:
look at the sphantom now on here it has two positions open
This is my position that was closed. You may check my LIVE account (LIVE_P200) here
02.27.2014 01:38 02.27.2014 03:28 EURUSD Buy 0.05 -60.00 10.00 1.36838 1.36938 10.0 5.00 1h 50m 2.93%
You follow this $300 system with $200 money,just for fun?
