sPhantom Auto Trader (Por sPhantom)

Ganho : +694.0%
Limite de prejuízo 91.94%
Pips: 1266.4
Negociações 261
Ganho:
Perdido:
Tipo: Real
Vantagem: 1:400
Negociação: Automatizado

sPhantom Auto Trader Discussão

May 28, 2013 at 22:21
71,635 Visualizações
1,574 Replies
Membro Desde May 27, 2013   62 posts
Dec 05, 2013 at 16:34
@AAST

Hi

Sorry for delay. To get the answers sooner you can contact our support service.

1 - The max number of open positions is 2. This EA uses emergency stop loss. It's 200 pips from the first position. The second position stop loss is not 200 pips. Let say the EA open a buy position with 10 pips TP and 200 pips SL and the market goes against the trade in about 100 pips and the EA opens another trade with the same stop loss price as the first position and close both positions in profit or SL point. Please notice that the second position distance is not fixed. It depends on the market conditions. Also the EA may close both positions before SL point.

When the market moves fast in the opposite direction right after opening the position the EA wait for 1 hour at least and then consider the second trade.

2 - We try our best to improve the strategy as the market behavior changes.

3 - You are right. This may happens sometimes because difference between brokers tick data. In these situations the EA closes the clients trades as soon as our position be closed.


Regards
Membro Desde Nov 27, 2013   8 posts
Dec 06, 2013 at 08:01
thank you very much for answering my questions and more sphantom. 😀
Membro Desde May 08, 2012   60 posts
Dec 06, 2013 at 15:55
hi, want to know that will this EA stop trading end of the year? When will it stops?
Membro Desde May 27, 2013   62 posts
Dec 08, 2013 at 15:43
forex2929 posted:
hi, want to know that will this EA stop trading end of the year? When will it stops?

@forex2929

Hi

We are working on it. I'll let you know.


Regards
Membro Desde Feb 26, 2013   18 posts
Dec 09, 2013 at 07:28
Hi. Why there were no deals in the last couple of days?
Membro Desde Sep 21, 2013   85 posts
Dec 09, 2013 at 12:11
StHarmonTrader posted:
Hi. Why there were no deals in the last couple of days?
High news are dangerous to trade with. Might reverse on our trend.
Membro Desde Oct 22, 2013   11 posts
Dec 11, 2013 at 06:40
Anybody else having issues with SPhantom not closing the trades/not opening some trades? I had to close two manually already and lost a significant amount of $$ :( I am using a VPS so this shouldnt be happening.
husar2003
forex_trader_159748
Membro Desde Oct 31, 2013   102 posts
Dec 11, 2013 at 09:32
@borncoprp : no did not with me.
Please look into you expert/journal for errors. any entries ?
Membro Desde Nov 21, 2013   46 posts
Dec 11, 2013 at 11:21
ciao
Yesterday i had two trades on my account, the first one with -5.46€, the second one closed automatically on my VPS with a gain of +€7.68, then + €2.22

This morning closed automatically another one with +€5.10

Sorry for my English but i'm Italian; i bought Sphantom from 10 days and till now i'm in profit.


Membro Desde May 27, 2013   62 posts
Dec 11, 2013 at 11:21
borncorp posted:
Anybody else having issues with SPhantom not closing the trades/not opening some trades? I had to close two manually already and lost a significant amount of $$ :( I am using a VPS so this shouldnt be happening.

Dear @borncorp

Please contact our support service.


Regards
Membro Desde Aug 02, 2011   38 posts
Dec 11, 2013 at 13:29
sPhantom posted:
@AAST

Hi

Sorry for delay. To get the answers sooner you can contact our support service.

1 - The max number of open positions is 2. This EA uses emergency stop loss. It's 200 pips from the first position. The second position stop loss is not 200 pips. Let say the EA open a buy position with 10 pips TP and 200 pips SL and the market goes against the trade in about 100 pips and the EA opens another trade with the same stop loss price as the first position and close both positions in profit or SL point. Please notice that the second position distance is not fixed. It depends on the market conditions. Also the EA may close both positions before SL point.

When the market moves fast in the opposite direction right after opening the position the EA wait for 1 hour at least and then consider the second trade.

2 - We try our best to improve the strategy as the market behavior changes.

3 - You are right. This may happens sometimes because difference between brokers tick data. In these situations the EA closes the clients trades as soon as our position be closed.


Regards

Hi sPhantom,

Can I ask, what will happen the first time the EA hit SL? If 10 pips TP equal to 2.5% gain, does it means the EA will lose 50% the first time it hit 200 pips SL?
Wait for it
Membro Desde Aug 20, 2011   588 posts
Dec 11, 2013 at 13:31
yep, you are right. 200pips = 50%
more then this... because the EA can open a second trade with the same emergency SL.... it will be more than 50%
maybe 75 or 80%...
Membro Desde Nov 26, 2013   16 posts
Dec 11, 2013 at 14:59
@borncoprp I had the same problem yesterday (I use vps on hotforex): sPhantom has set the TP, then the price was touched (exceeding of 2 pips) but the order was not executed. I believe it is not a problem of the EA because the TP are pending orders already sent to the broker and it is the broker's resposnbility to execute them... this unless you have hidden TP and SL setting, in that case it is EA's fault. Please anybody correct me if I'm wrong.
Membro Desde Nov 26, 2013   16 posts
Dec 11, 2013 at 18:16
@sPhantom only now I read your statement n.3, but yesterday I was exactly in that situation and didn't work:
TP set by the EA, touched and passed by 2 pips but my broker didn't close the trade. Of course it is also their fault, but the trade was not closed by the EA as you said and the trade was open for several hours more until the TP has been fortunately hit again.
Can you please clarify if it is a bug or the EA doesn't really act in the way you describe in the stament before?
Of course I will write now to your customer service, but I guess this can be interesting for everybody here.
Membro Desde Aug 20, 2011   588 posts
Dec 11, 2013 at 18:28
yeah, could be a problem for sure!!!
the EA can be certainly changed to close the trades itself when the profit target is reached but the trade not closed by the broker.
well... a safe close...

but if the broker don't close the trade, for sure you have a problem with the broker!!!!
check the logs, maybe there is a good reason for this
Membro Desde Mar 17, 2013   10 posts
Dec 11, 2013 at 19:15
I also had the same problem, there were two orders opened yesterday and the price touched the TP but the orders weren't closed, and I also using Hotforex broker , so now I understand the problem with the broker and this could be big disaster from big company like Hotforex
Membro Desde May 08, 2012   321 posts
Dec 11, 2013 at 19:15
willgart posted:

but if the broker don't close the trade, for sure you have a problem with the broker!!!!
check the logs, maybe there is a good reason for this

Yea, like the spread was 3 pips, not 2.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Membro Desde Nov 26, 2013   16 posts
Dec 11, 2013 at 20:33
Guys, the broker certainly has its own responsability and I'm waiting for their answer, which if not satisying might be posted on FPA as well. But here the point is with sPhantom: is it true that this EA closes the trades even if the broker doesn't, like they just said?? I start to see I am not alone and this might be an issue that deserves attention from sPhantom. Anyway I sent them a mail, let's see the answer.
Membro Desde May 08, 2012   321 posts
Dec 11, 2013 at 20:41 (editado Dec 11, 2013 at 21:03)
hassan5041 posted:
 I also had the same problem, there were two orders opened yesterday and the price touched the TP but the orders weren't closed, and I also using Hotforex broker , so now I understand the problem with the broker and this could be big disaster from big company like Hotforex

Trades don't close when they touch the TP line. You're not accounting for the bid/ask spread. You have to go through the line by the amount of the spread, to get your price. Additionally, spreads vary between brokers. sPhantoms broker may be printing a 1.5 pips spread and you maybe trading with someone that has a 2 pip minimum spread. Spreads vary widely between brokers.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Membro Desde Nov 26, 2013   16 posts
Dec 12, 2013 at 05:52
Ken, I've checked the log and my TP was 1.37571 while my MT4 has hit a low=1.37558, which means 1.3 pips difference and in my fix account the spread is fixed at 1.8 pips. So this may explain the broker issue. But let's come back to our sPhantom: why in that moment it closed the trade in its account and not in our MT4?
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