Should you use Volatility Factor 2.0 in 2020?
Volatility Factor 2.0 is a well-known EA. It’s been introduced as “The most powerful Forex EA on the market.” There we can see some statements on the box: the robot is a fully-automated EA, 17 years of proven Forex profits (it probably can mean backtests), and applying Advanced Volatility Technology.
Volatility Factor has got a “six-year unbroken winning strick.” It’s designed to bring 10-15+ pips per trade, because of a powerful volatility-based market algorithm. Volatility Factor’s algorithm watches the market closely and initiates trades that capitalize on market volatility. Volatility Factor’s power comes from its lightning-fast reaction and leveraging of the market’s direction.
Volatility Factor 2.0 features
It has got a new efficient dynamic trading logic. It allows trading more pips for the same period. The Volatility Factor traded +62000 pips when the 2.0 Pro version +107000 pips. There’ve been implemented “Broker Spy Module”. It’s been designed in order to prevent unethical brokers from cheating you with high negative slippage, high spreads or delayed order execution.
Broker Spy Module has got alarms if a trade execution delays.
The risk management system allows us to trade with three modes: low risk (risk = 1.5%, Lots = 0.1), moderate risk (risk = 2.5%, Lots = 0.15), and high risk (risk = 5.0%, Lots = 0,29).
The robot has got a low-rate according to ForexStore.
Strategy explanations and backtesting
The best Forex trading strategy is balanced drawing on specific tactics to exploit market volatility and market trend. Devs call this Volatility-Based Trading. This strategy generally trades in the direction of the market. This helps minimize risk and puts you in the middle of the action. In isolated cases, the strategy calls for taking limited positions in anticipation of a correction. Volatility Based Trading takes advantage of the prevailing market direction and maximizes profit opportunities while minimizing risk. The strategy routinely delivers profits since most of the trades are in the direction of the major market impulse.
Volatility Factor 2.0 also takes advantage of pricing oscillations around a prevailing price point, continuing to deposit gains in your trading account.
So, the EA is based on these three profit factors like EA algorithm design, drawdown discipline, and trading frequency (3-4 trades per session).
From the “Top feature” scheme, we can also notice that the forex robot support 4 currency pairs trading, EA has two advanced built-in strategies, three intelligent built-in protection system, advanced high-impact news filter, trading on standard, mini, and micro accounts, operates with 4 and 5 digits after decimal point, operates with any MetaTrader 4 broker, ECN included, operates with any NFA-Regulated broker.
As we can see from the different backtest results, the profit factor is higher than 1.6, the win-rate was about 80%.
Myfxbook verified trading results
Volatility Factor 2.0 is run on six demo accounts. We’ve picked one of them to figure out how its trading results look like. It’s a demo USD account that works through Alpari RU brokerage company, with 1:500 leverage, on the MetaTrader 4 platform. It’s been started at the end of January 2020. During the period, the robot provided +21.25 gain, having given 17.08% of the average monthly gain with a low-drawdown 6.11%.
The robot has impressive win-rates from 71% for longs to 80% for shorts. Volatility Factor traded 124 deals with 647 pips. The average win $1.48 is higher than the average loss -$1.19. The average trade length is 2 hours and 30 mins. The profit factor is extremely high and equaled 4.07.
The robot traded two currency pairs EUR/USD and USD/JPY.
It opens trade every day including the start and end of the trading sessions.
It’s nice to see that all of those profits the robot traded with very low risks.
During several days of March 2020, the EA has already provided +7.92% of the monthly gain.
Pricing
As soon as we reach the site there a timer shows up offering us to get -$160 OFF during the next 18 hours.
Devs trust in their product so much. That’s been a reason to provide a 60-days money-back guarantee instead of a 30-day one.
The price of the robot is $190. For this money, we’ll get one real account, unlimited demo accounts, Broker Spy Module, Advanced News Filter, 4 currency pairs supporting, and 60-day money-back guarantee.
Wrapping up
Pros
- NFA trading allowed
- Well-explained strategy
- A lot of built-in features
- Money-management system
- Risk-management system
- Broker Spy Module
- Advanced News Filter
- Backtests provided
- 3rd part verified trading results
- Good profitability
- Solid win-rate
- Excellent profit factor
- Low drawdowns
- Low-risk trading
- Mid-price offer
- -$160 OFF
- 60-day money-back guarantee
- Welcome support
Cons
- Mid-price offer
- Low-rate according to Forex Store
- Lack of people feedback
- Young trading accounts
