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ForeignDevise
sPhantom Auto Trader
in
Trading Systems
Feb 20, 2014 at 20:11
You could call this a "kinda martingale"; it doubles the positionsize if the trade goes wrong. But if it looses it looses till the margincall. Both positions get closed very fast if they go into profit - just a few pips - which easily leads to inaccuracies and loss of the slave accounts (our accounts) due to slippage and out-/input lagg. This also improves the successrate (the few pips not the loss ^^).The last year was pretty good for a system like sPhantom, rather low amplitude and not too trendy. But if you look in the past at a bigger frame you see that this is rather the excepti...
sPhantom Auto Trader
in
Trading Systems
Feb 08, 2014 at 22:01
I've heard they are not selling amymore... no idea whether this is good or bad.
sPhantom Auto Trader
in
Trading Systems
Feb 04, 2014 at 08:52
Not only did they start trading, red news are coming in about 2,33 hours. Tp and sl not changed -.- Looks like theyve really learned something
sPhantom Auto Trader
in
Trading Systems
Feb 02, 2014 at 16:00
@GPzz I agree, its your own responsibility to stop ea's before and during news. Especially if the system has no reasonable sl (this was easy to see on myfxbook) and in forums, there are people calling the vendor a scammer.@corre71 in the last weeks the "newsfilter" was obviously turned off and the sl was never hit before. The system is no scrap, with some tweaks and good moneymanagement on your side it was/is a nice system - still about 15% monthly.
sPhantom Auto Trader
in
Trading Systems
Feb 01, 2014 at 15:43
By the way Yi-1 from autotrade has some simialarities, looks like the same grid system but with some much more advanced money management. Im also not quite sure why it gave me a mothly gain of about 1000%, thats really strange!Axitrader uses a custom start date, before it looked like crap. A SL at 100 pips + Risk at 25... my guess for sPhapa 😁
sPhantom Auto Trader
in
Trading Systems
Jan 31, 2014 at 16:51
Well the is no "real" reason not to continue the service. But there was also no reason to trade in front of such big news. @sPhantom If you restart, please make the payment monthly, open multiple accs with different brokers, try to increase the expectancy a bit (not the gain) and maybe get the avg duration down Thx
sPhantom Auto Trader
in
Trading Systems
Jan 31, 2014 at 12:25
Also notice the risk of the vendor is 30 not 3! The question is, IF the chart recovers, will they try to kill the acc again?
sPhantom Auto Trader
in
Trading Systems
Jan 31, 2014 at 12:25
@corre71 looking at he history of trades again, you see that the biggest win and the biggsest loss were closed at the same time. This was only due to entry inaccuracy. The DD is much higher.The Strategy is obvious just look at the history. Entrys are not obvious... You could also read the review from ForexBrokerz.com@PipInvestor Why dont you verificate the live account?
sPhantom Auto Trader
in
Trading Systems
Jan 30, 2014 at 11:14
The Sl is a safety sl? Hahaha you looks like you really believe this xD also mind the margin callAccording to forexpeacearmy, platinatrader is also a pretty good copier. Drive gold, is also awesome
Platina Trader EA
in
Trading Systems
Jan 28, 2014 at 11:49
Why are there so many mini deposits? Looks like somebody tries to Cheat the gain!?
sPhantom Auto Trader
in
Trading Systems
Jan 24, 2014 at 09:30
@msthet And i usually prefer not to risk 100% + 300$ in every trade ^^
sPhantom Auto Trader
in
Trading Systems
Jan 24, 2014 at 09:30
Id love to see an actual ea (not a signal) with a strategy-setup close to this! I calculated a SL of 166.6' and a risk of 15-25 should be just fine. Id also set a TS to 11 pips with a starting distance of 1 pip - fast increasing the distance at first; slower over time; asymptote at 5 or so.You folks need proof? Well than use google and read about sPahntom. Im not the one caring about your money. Its also important not to trust in any comment made here, the developers are here aswell for sure :DActually i think they could sell on a more reliable base - eg using a realistic sl; monthly payme...
sPhantom Auto Trader
in
Trading Systems
Jan 23, 2014 at 07:27
Dont break whats not broken ...Sooo, a system with a rr of 1:25, only about 125 trades so far and a sl which blows your acc if you have the same settings as the vendor is good? Even worse you'll never see the sl getting hit because the sl is set at 140%+ drawdown!You may also notice that they blew up acc's in the past and then just stopped any service - came back with a new name and slightly modified system.Yeah im fine with that, as long as it makes money :P
sPhantom Auto Trader
in
Trading Systems
Jan 22, 2014 at 07:31
And is it possible to run it on two bank accounts? - for example one with risk 10 and one with risk 30
sPhantom Auto Trader
in
Trading Systems
Jan 22, 2014 at 07:31
Im quite interested in this "ea". I analysed some trades and the backround of sPhantom. I have a few questions: Which european regulated ecn broker would you recommend? Any preferences for the vps? Also what will you do when the SL on your live acc's gets hit - will you restart, or go for some new updates which may leed to some new costs?I know how the past looks but i think this System could make some profits, even in the long run. Id love to see a subscription fee instead of a onetime payment, and 1 month trial for demo acc's i think u can go this way.I hope i made everythi...
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