Forex Phantom EA

Forex Phantom EA

FX phantom is a very aggressive scalping system transmitting signals through a trade copy expert advisor to connects to William Morrison’s master server for trades and execute them live in your account. They are using is one of the most recommended and highly tested trade copier which has been around for a long time. The use of trade copier ensures that user will get similar trades as the vendor and that the system won’t get hacked and diluted. It also seems to use Pending Orders also to execute the trade when price reaches it. It also hedges some trades when the markets are not favorable for it.

Forex Phantom uses Moving Averages and Price action for entry. It is a grid strategy with hedging. Also an inverted grid system for pending orders against the working orders. There is a big focus on the MA. It will then use very tight trailing stops and no take profit and will just keep trailing as long as it doesn’t come back down for a reversal.

It also has a News Filter to help prevent additional trades occuring around news. It could potentially help, BUT remember news can also go in a trades favor and create more profits.

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