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sPhantom Auto Trader
på
Trading System
Mar 19, 2014 at 15:50
It is possible to get a statistical edge (winning probability over 50%) - sPhantom did that, but not with a proper risk management. I mean, without any risk management. :)This robot starts to freak me out. Opening a second trade in the same direction is a very stupid thing, unless you are trading manually and find a context where you can enter with a very small SL to the second position.I can't stand the fact that this robot does something I don't know. Maybe I should start working on my own EA or start manual trading or whatever.NOTE: I have posted the StopReset EA earlier, here is th...
sPhantom Auto Trader
på
Trading System
Mar 12, 2014 at 22:46
Oh, yes, it is back. Good.
sPhantom Auto Trader
på
Trading System
Mar 12, 2014 at 19:08
If it doesn't get back, we can file a fraud at Avangate again. This time a real one.
sPhantom Auto Trader
på
Trading System
Mar 06, 2014 at 10:50
I closed that order, too. I could have worked but not now that the market is just waiting for the "red news"...
sPhantom Auto Trader
på
Trading System
Feb 28, 2014 at 10:10
EA turned off for today. All crazy red news, huge moves... great landscape for the news trader, but not for this EA. :-)Ken, that divergence may have meant something, because EURUSD just had this >80 pips reaction for some EU news. Now, that's why we don't want to be in any trade during this. I guess the traders were just waiting for something to pull the price up.
sPhantom Auto Trader
på
Trading System
Feb 27, 2014 at 21:45
I have already shared mine a few pages (and days) ago. Also, people have recommended the Swiss Army EA as well for this purpose, i.e. setting the SL without a custom sPhantom EA.
sPhantom Auto Trader
på
Trading System
Feb 27, 2014 at 17:02
Well, Martingale is indeed pure mathematical, in such a way that it doesn't work in the real world. :)
sPhantom Auto Trader
på
Trading System
Feb 27, 2014 at 16:17
User FOREXPIPCATCHA needs your help! After losing money and selling his sPhantom EA, he would like to develop a better one. All he asks for is to copy the trades from your account. I think we need to help him in his endeavor, for a better world.Even if he can't really tell how he would modify a trade copier EA in EX4 format, he definitely deserves a chance.Contact him in PM if he hasn't contacted you yet!I have also reported him to myFxBook so that the admins may help him in his project, as well.
sPhantom Auto Trader
på
Trading System
Feb 27, 2014 at 14:55
+1, definitely! :)I have asked for a custom EA like three weeks ago, no response since then. The product is still for sale, so I wonder if there is support response for questions other than a custom version...So, you can still use my EA or the Swiss Army one.EDIT: the best would be if we could adjust the TP as well, but that is a lot harder since we only have drawdown data and no drawup data. :o)
sPhantom Auto Trader
på
Trading System
Feb 27, 2014 at 14:49
I'm afraid that this is a gambling thing. We don't want that. Either you have to watch the trades closely and close the second one as soon as it opens, or maybe set a tight SL for the original one. I don't know, but AFAIK you wouldn't do this in manual trading.
sPhantom Auto Trader
på
Trading System
Feb 27, 2014 at 14:02
Did it happen to anyone else that the first trade closed in profit?I have Pepperstone. ForexFactory records show an open of 1.3685, mine was opened at 1.3684 and closed at 1.3695 (just barely made it). The second trade was not opened.Maybe the second trades are opened locally? Or the server sends a signal that this would be a second trade, so the client only opens it if there is already one opened?The idea of a second trade seems less and less legit for me. It has no context, just entering randomly? (I know, it just closed while I was writing this, but we all know what could happen during red ...
sPhantom Auto Trader
på
Trading System
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...
sPhantom Auto Trader
på
Trading System
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 DDTotal 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 o...
sPhantom Auto Trader
på
Trading System
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...
sPhantom Auto Trader
på
Trading System
Feb 04, 2014 at 20:16
I did write in their sPhantom topic.By the way VF = Volatility Factor. I don't have it, but there was some EA discussion earlier in this topic. I don't get how *mentioning* an EA's name could be the same as endorsing it...
sPhantom Auto Trader
på
Trading System
Feb 03, 2014 at 20:03
If sPhantom doesn't get back to work this week, I suggest we all file a fraud case with Avangate.
sPhantom Auto Trader
på
Trading System
Feb 02, 2014 at 13:42
Note that sPhantom was one of the most promising EA on forexpeacearmy with a long, good track record.
sPhantom Auto Trader
på
Trading System
Feb 01, 2014 at 15:40
FYI, it is an automated system that forwards the request instantly. Unless the team cancels it in 5 days, we do get a refund. Hopefully the are not going to f*ck with us. I mean, especially me who didn't have a chance to use this product before it tanked. 😁
sPhantom Auto Trader
på
Trading System
Feb 01, 2014 at 15:40
Good to know that, I'm instantly forwarding a request to Avangate.
sPhantom Auto Trader
på
Trading System
Jan 31, 2014 at 23:29
I wrote the following mail:"Hello,I just bought your system and started using it. The second trade it made was the biggest drawdown in its history. It was nonsense and went against claims you made about the product ("not trading before news", "generates steady profits").Also I - and other customers - did not see any sign of manual intervention in this dangerous case to protect your customer's investments. I needed to close manually, which goes against your claim that "there is no need for trader involvement". There was a need for it because the product di...
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