Phantom Liquidity Sweep EA Hedge Fund Edition

PHANTOM v4 is a precision reversal Expert Advisor built around one of the most reliable patterns in institutional trading: the liquidity sweep of Previous Day High and Previous Day Low levels.

Smart money consistently targets PDH/PDL levels to trigger stop-losses and accumulate positions before reversing. PHANTOM v4 identifies these sweeps in real time and enters only when the reversal is confirmed — no anticipation, no guessing.

⚙️ HOW IT WORKS
1. PHANTOM calculates the Previous Day High and Low at the start of each trading day.
2. During London (11:00–14:00) and New York (17:00–18:00) sessions, it monitors for a sweep — price moves beyond PDH or PDL by a configurable distance (default: 4 pips).
3. A sweep alone is not enough. PHANTOM waits for local structure confirmation: the candle must close back inside the range and break a local structure level in the reversal direction.
4. Only then is the trade placed — with dynamic lot sizing (risk % of balance), SL above/below the sweep extreme, TP at 3R, and automatic break-even at 1.5R.
5. A D1 EMA20 trend filter ensures trades are only taken in the direction of the dominant daily trend.

📊 BACKTEST RESULTS — XAUUSD M5 (2022–2025)

• History Quality: 99%

• Initial Deposit: $10,000

• Total Net Profit: +$2,967 (+29.67%)

• Profit Factor: 1.75

• Sharpe Ratio: 7.50

• Recovery Factor: 4.95

• LR Correlation: 0.96

• Max DD (equity): 5.33%

• Total Trades: 72 (~24/year)

• Win Rate: 48.61%

• Avg profit trade: +$197.50

• Avg loss trade: -$103.67

• Max consecutive losses: 4
  Low frequency, high quality. ~2 trades per week on average.

🏆 PROP FIRM COMPATIBILITY
PHANTOM v4 was designed and tested specifically for prop firm challenges:
✔️ Max daily DD well within FTMO/MyForexFunds limits
✔️ Built-in daily drawdown limit (default 4% — fully configurable)
✔️ No martingale, no grid, no hedging
✔️ SL always set — every trade is protected
✔️ Break-even logic reduces risk exposure on open trades
✔️ Max 3 trades/day, max 2 per session — no overtrading
✔️ Spread filter (max 20 points) — no entries during high-spread conditions
✔️ Compatible with FTMO, The5ers, MyFundedFX and similar programs

🎛️ KEY PARAMETERS

• InpRiskPercent — Risk per trade (% of balance). Default: 1.0%

• InpRRTarget — Risk:Reward target. Default: 3.0

• InpBreakEvenRR — Move SL to break-even at X*R. Default: 1.5

• InpSweepDistance — Min sweep distance beyond PDH/PDL (pips). Default: 4.0

• InpStructureBars — Bars used to define local structure. Default: 5

• InpUseD1Filter — Enable D1 EMA trend filter. Default: true

• InpD1EmaPeriod — D1 EMA period. Default: 20

• InpMaxTradesDay — Max trades per day. Default: 3

• InpMaxTradesSession — Max trades per session. Default: 2

• InpMaxSpread — Max allowed spread (points). Default: 20

• InpLondonStart/End — London session window (broker GMT+2): 11–14h

• InpNYStart/End — New York session window (broker GMT+2): 17–18h

• InpDailyDDLimit — Daily drawdown limit (%). Stops all trading if breached. Default: 4.0%

• InpAllowedSymbol — Allowed symbol (do not change). Default: XAUUSD

• InpAllowedTF — Allowed timeframe (do not change). Default: M5

🚀 SETUP REQUIREMENTS

• Symbol: XAUUSD (no suffix required on most prop firm demos)

• Timeframe: M5

• Broker GMT: Sessions are configured for GMT+2 brokers (standard for FTMO, IC Markets, etc.)

• Min deposit: No minimum — lot size scales automatically with balance

⚠️ IMPORTANT NOTES

• PHANTOM v4 is a low-frequency EA (~24 trades/year). It does not trade every day — it waits for high-quality setups only.

• Backtest results are based on XAUUSD M5, 99% history quality, 2022–2025. Past performance does not guarantee future results.

• If your broker uses a symbol suffix (e.g. XAUUSD.m or XAUUSDm), adjust the symbol accordingly in your terminal.

• GMT offset: if your broker is GMT+3 (e.g. FTMO live), adjust session hours by +1 (London: 12–15h, NY: 18–19h).