sPhantom Auto Trader การสนทนา

I have just bought this EA. It's ok to me so far, honestly.

@adrian8891 are you telling sphantom is scam so people would believe u and use ur EA and strategies instead? NICE BUSINESS TECHNIQUE.

won 2 trades from this EA earlier :D

Hallo sPhantom Team!

CONGRATS !!! I just saw that you made it to NUMBER ONE one the Forex Peace Army Expert Adviser Test. SUPERB !!!

I saw many others on the top of this list. But all of them are gone away with the wind. But you are in the TOP 5 now since more than 23 weeks.

                                                  CONGRATS again !!!

I know you will quadruple up (4x times) my account next week. It needs just one (1) successful trade !!!

Many happy Trades to you and your customers in the future.

Yours sincerely

Jay Oksenboel

P.S.: To all lazy traders: You know now that it just needs one single trade to quadruple my account. Therefore I will first come back with a new report when my account will quintuple (5x)

Harhar Jay,

i wish you good luck, but let me say this for you: If you are using the same risk like the vendor do you get a margin call of your account before you have just 1 single SL hit. But i know you don´t care about DD ...

@ Vendor: Is it possible to show a backtest of this system from 2008 or 2009 to now to see how stable this strategy is ?

@johnplayer oh man u didnt read what sphantom said couple of posts earlier. Backtesting isnt reliable because they stop trading on certain news. they did some 1~2weeks of not trading before and they stopped trading on some days on US shutdown.

@johnplayer

Dear John

sPhantom is designed and optimized based on last 2 years tick data. There is no more back test available for this EA.


Regards

I bought the system.
Id didn't isntall properly. I got help within good time (different time zone may have caused a shortdelay)
and an additional question was answerd.
Friendly help/support.
So far waiting for this week first account activities.

Sphantom EA can use 5 digit broker yes or no?

god2009 posted:
Sphantom EA can use 5 digit broker yes or no?

Hi

Yes. It can work on 4 and 5 digits brokers.


Regards

May i know where does the DD 64% come from ?

Darren2013T posted:
May i know where does the DD 64% come from ?

its 64% due to the high risk setup for this account.
with myfxbook its hard to identify when this DD occurred, mt4i is better for this job (with an hourly DD).

Darren2013T posted:
May i know where does the DD 64% come from ?

Hi

It's for about 2 month ago.

Regards

Darren;

The 64%% is an intraday draw down that may not appear in the daily statistics. If there is a big move against you, that resolves itself before the end of the day, the daily statistics will not reflect it. The stats on the left side of the home page does.

R3DWiNG posted:
@johnplayer oh man u didnt read what sphantom said couple of posts earlier. Backtesting isnt reliable because they stop trading on certain news. they did some 1~2weeks of not trading before and they stopped trading on some days on US shutdown.

Okay thats great - i hope they have a good crystal ball and knowing when news will come (they are not shown in the economic calender). You know that if you are using this EA with 25% up Risk and the vendor SL of 250 pips you will have everytime a margin call before you get an SL Hit ?

Off course you can change the SL to any value you want: But how it makes sence, if you cannot BT the strategy, to see which SL is really usefull ?

10% Risk with SL 250 -> 40% DD
5% Risk with SL 250 -> 20% DD

I don´t say this is a bad EA - but it´s totally overtradet - the risk is crazy for this account ! Hopefully this is not the master Account for the signal service too. Why ? Because how i say before: The MC will come before the SL is reached - and then maybe the trades will be closed for all customers too, although the SL was not reached.

@johnplayer It opens up another trade or two to break even. trades only last a few hours unless it trades on thursday.(if i can recall the ea only did that once). It never hit the SL yet. (according to records and my past experiences with it.)
It modifies itself too. There was once a time it traded counter to the trend and it was loosing. It seek-ed/searched for an opportunity to atleast gain some $ then closed the trade instantly.

SL was once useful for that one moment when it traded on thursday then finished up on monday/tuesday I think. Altho it was eating up 50% ~ 60% of the account. It miracously won that day.

Hi Sphantom,
I have been using your service for about a month and am very happy as with most traders with the results... My question is, due to being a 'Trade Copier' as such, the more people which subscribe as you get more popular will this have any effect on copying trades to our accounts such as lag in copying? With thanks

R3DWiNG: it only opened a second trade after 25 to 50 pips if the first trade is negative, but the EA not modified the SL of 250 pips for the first trade. You can see it in the BT and in the statement here. If the vendor not changed the Risk for this account you will never see a SL Hit, you will just see a blown account.

the question is : will the ea or the traders behind the ea what gives the signal close the positions before the 250 PIPs.
Thre are many automated ea or manual traders with no SL at all which control the SL themselves and set any SL like 50 150 or 250 SL so the 250 PIPs wopuld just be an emergency break short before hell.;)

Can sphantom please answer the question ? Will the trader team or the ea itself control
the exit point after opening the positions or is the SL fixed ?