sPhantom Auto Trader (de sPhantom)

Ganancia : +694.0%
Disminución 91.94%
Pips: 1266.4
Transacciones 261
Ganado:
Perdido:
Tipo: Real
Apalancamiento: 1:400
Trading: Automatizado

Discusión sPhantom Auto Trader

May 28, 2013 at 22:21
Vistas 68,367
1,574 Replies
Miembro desde Jan 25, 2010   posts 1360
Oct 02, 2013 at 14:43
Anubis posted:
...whether or not it is a copier or a true EA is a mute issue.... Just my opinion.

I do not agree. As sPhantom says, their copier EA contacts the server 4 times per minute, and every client increases traffic.

A true standalone EA is the only one I would be interested in. This sort of system will only work for the first investors, but with growth in clientele eventually a copier EA must either be limited to the server's capacity, or else ALL clients will begin to suffer poor performance later.

sPhantom, I would implore you to release a standalone EA to avoid this issue. You can still protect your intellectual property by proper licensing and only releasing the compiled ex4 file.
Miembro desde May 27, 2013   posts 62
Oct 02, 2013 at 22:51
BluePanther posted:
Anubis posted:
...whether or not it is a copier or a true EA is a mute issue.... Just my opinion.

I do not agree. As sPhantom says, their copier EA contacts the server 4 times per minute, and every client increases traffic.

A true standalone EA is the only one I would be interested in. This sort of system will only work for the first investors, but with growth in clientele eventually a copier EA must either be limited to the server's capacity, or else ALL clients will begin to suffer poor performance later.

sPhantom, I would implore you to release a standalone EA to avoid this issue. You can still protect your intellectual property by proper licensing and only releasing the compiled ex4 file.

Dear BluePanther

We try our best to do this but this won't be in near future.

Thanks for understanding our situation.


Best Regards

Miembro desde Mar 19, 2012   posts 82
Oct 03, 2013 at 04:45
sPhantom, I suggest you limit your users. Are you planning on this? A system too popular is doomed to fail.
Miembro desde May 27, 2013   posts 62
Oct 03, 2013 at 12:47
viltus posted:
sPhantom, I suggest you limit your users. Are you planning on this? A system too popular is doomed to fail.

You are right. We may do this in the future.
Miembro desde Sep 20, 2013   posts 36
Oct 03, 2013 at 16:39
viltus posted:
sPhantom, I suggest you limit your users. Are you planning on this? A system too popular is doomed to fail.

In fact,It is not a true automate EA,and it is controlled by people.
'A system too popular is doomed to fail.' .Do not be afraid, Forex market always change itself.
What is to be concerned is the huge SL?If the market reverse and in a new trend,when the default SL is touched,the account will be destroyed. How about improving the exit signal,and not only try to save the lost trade.

The web site only give the back test with year 2012(no parameter included),how about other years?
Miembro desde Sep 13, 2012   posts 2
Oct 09, 2013 at 07:06
A big part of it seems to be the opening of the second 'fallback' trade. An account trading at risk 10 would 'only' lose 25% if the SL was hit. Even at risk 30, the account would lose 75% but not be destroyed. Every time the secondary trade was entered, it seemed that the readjustment in the exit price seemed very small, but the risk is now doubled. Would it be possible to have an option in the EA to only readjust the exit price lower (leading to a smaller profit or a small loss upon exit) without actually entering a second trade? The second trade is what causes an actual risk of crashing the account altogether.
I've been trading this EA for a month now and am very impressed with the results, but am only willing to risk a very small amount due to the risk of crashing the account (which WILL inevitably happen someday, no matter what backtesting says or how astute the EA is - that's just statistics). Considering the backtest and the performance over the past 4 months I believe the risk can be mitigated by good money management, but eliminating that risk (or giving the user the option to eliminate it) would really bring it over the top.
Miembro desde May 27, 2013   posts 62
Oct 09, 2013 at 10:22
phoenix200fr posted:
A big part of it seems to be the opening of the second 'fallback' trade. An account trading at risk 10 would 'only' lose 25% if the SL was hit. Even at risk 30, the account would lose 75% but not be destroyed. Every time the secondary trade was entered, it seemed that the readjustment in the exit price seemed very small, but the risk is now doubled. Would it be possible to have an option in the EA to only readjust the exit price lower (leading to a smaller profit or a small loss upon exit) without actually entering a second trade? The second trade is what causes an actual risk of crashing the account altogether.
I've been trading this EA for a month now and am very impressed with the results, but am only willing to risk a very small amount due to the risk of crashing the account (which WILL inevitably happen someday, no matter what backtesting says or how astute the EA is - that's just statistics). Considering the backtest and the performance over the past 4 months I believe the risk can be mitigated by good money management, but eliminating that risk (or giving the user the option to eliminate it) would really bring it over the top.

Hi

Thanks for your suggestions.

We consider them for next update.


Regards
Miembro desde Aug 20, 2011   posts 588
Oct 10, 2013 at 01:23
is it possible to display what will be the lot size based on the current risk selected?
if I set it to 20% and I have 1000$, what will be the lot size?
Miembro desde May 27, 2013   posts 62
Oct 10, 2013 at 08:24
willgart posted:
is it possible to display what will be the lot size based on the current risk selected?
if I set it to 20% and I have 1000$, what will be the lot size?

Hi

The orders lot size depends on the input Risk. If you use default Risk which is 10 then lot size would be 0.1 standard lot size for 1000$ free margin. We are using Risk 30 for our live test. Please notice that to be able to use such Risk you will need at least 1:200 leverage.

If you set Risk to 20 then the lot size would be 0.2 standard lot size for 1000$ free margin.


Regards
Miembro desde Feb 16, 2013   posts 22
Oct 12, 2013 at 21:08
Hello Lazy Traders!

I promised you to keep you updated!

SORRY! I forgot to tell you when my account was doubled up! I am sooooo laaaazy. SORRY again :)

But now it is time to tell you that this amazing EA tripled up my account. That means it’s now more than 3 times higher than it started. IN JUST 10 WEEKS !!!

I can not calculate that, but MS Excel tells me that I can await a yearly result of 960%. This is not bad :) Compare this with my 5 weeks report! I think I can await even more.

Many HAPPY Trades

Yours

Jay

P.S. I do not give them 5 stars --------- now I give sPhantom 6 STARS !!!
Miembro desde Aug 20, 2011   posts 588
Oct 12, 2013 at 21:34
congrats!!! :)
how was your DD with the latest trades?
Miembro desde Jul 20, 2012   posts 87
Oct 12, 2013 at 21:54
Jay, I have been watching this EA for a while now. Have been pretty impressed so far, and I am considering purchasing. Do you have an fxbook page set up to your account?
Joe.
"Risk means more things can happen than will happen."
Miembro desde Feb 16, 2013   posts 22
Oct 13, 2013 at 08:04
No, because I do not want sell something.
Miembro desde Feb 16, 2013   posts 22
Oct 13, 2013 at 08:12
DD? What is this ??? I don't care about DD when the EA triples up my account in only 10 weeks😄
Miembro desde Jan 25, 2010   posts 1360
Oct 13, 2013 at 08:22
Oksenboel posted:
DD? What is this ??? I don't care about DD when the EA triples up my account in only 10 weeks😄

DD will allow you to triple your account in only 10 weeks, and kill your account in only one day 😞
Miembro desde Jan 25, 2010   posts 1360
Oct 13, 2013 at 08:25
Oksenboel posted:
Hello Lazy Traders!

I promised you to keep you updated!

SORRY! I forgot to tell you when my account was doubled up! I am sooooo laaaazy. SORRY again :)

But now it is time to tell you that this amazing EA tripled up my account. That means it’s now more than 3 times higher than it started. IN JUST 10 WEEKS !!!

I can not calculate that, but MS Excel tells me that I can await a yearly result of 960%. This is not bad :) Compare this with my 5 weeks report! I think I can await even more.

Many HAPPY Trades

Yours

Jay

P.S. I do not give them 5 stars --------- now I give sPhantom 6 STARS !!!

Lies, damn lies, and statistics. All you can show here are lies... prove it using statistics and upload your account. 😎
Miembro desde Feb 16, 2013   posts 22
Oct 13, 2013 at 08:51
Hello Bluepanther! Are you sick? or drunk? Is that because you call yourself 'blue' panther.

Just go to sPhantom on Myfxbook and you can see that they made their account from $100 to $631 in just 20 weeks.Will you agree with me that the account is now 6,31 times higher than on start?

I guess that's a enough proof for you. My account should not care you.

If you call me a liar again....

Yours sincerely

Jay
Miembro desde May 12, 2013   posts 2
Oct 14, 2013 at 09:58
Hello everybody.
Now it's working or not?
Gendam
forex_trader_65569
Miembro desde Feb 13, 2012   posts 85
Oct 14, 2013 at 12:40
Fasten your seat belt... Its bad weather...
Miembro desde Mar 02, 2010   posts 19
Oct 14, 2013 at 12:57
i have foolishly comments to read here. Start to write smarter comments, don´t spam us with crap.
What we can see in history tab: with SL of 250 points and average win of about 10 Pips one can expect a greater DD at every time. At the other side it is worth to test it with little own money and it has a real chance.
intinv@
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