Volatility Factor 2.0 Pro Review
Volatility Factor 2.0 Pro is an automated forex robot for the MT4 platform that trades on 4 currency pairs. Whilst some of the EA features and strategy are unique, it is lacking in verified results for us to see how it has been performing on a real account.
Volatility Factor 2.0 Pro is a fully automated forex trading robot that uses advanced volatility technology to trade currency pair charts in the MT4 platform. It can scan charts for trading signals using its unique trading algorithm. When there is a trading signal, it can place, manage and close the position on behalf of the user. You can customise the Volatility Factor EA settings according to your own needs and even set it to semi-automated if you prefer to trade manually. In this instance, the software would send you an email or SMS alert when it finds a forex signal, you can then decide if you would like to take the trade or not. In this Volatility Factor 2.0 Pro Review, we will take a look at the features, strategy and results of the robot to help you decide if this forex software is something that you would like to consider using on your trading account.
The Volatility Factor 2.0 Pro expert advisor has been developed by the Fxautomater team who have a selection of trading robots with different features and functionalities. They have more than 50 years of combined experience in trading, researching and software development. We have reviewed other Fxautomater robots including BF Scalper Pro, Grid Master PRO, Smart Scalper PRO, GOLD Scalper PRO, Omega Trend EA, Forex Diamond EA, Forex GOLD Investor EA, Forex Trend Detector and Forex Combo System.
This particular forex robot implements a trading strategy based on volatility, hence the name. It has been coded to trade on 4 major currency pairs which are the EUR/USD, GBP/USD, USD/JPY and USD/CHF.
In a nutshell, this volatility-based trading strategy aims to take advantage of the prevailing market direction and maximize the potential of each opportunity whilst simultaneously minimizing the possible risk. The strategy attempts to trade in the direction of the major market impulse. Entry and exit points are calculated in mathematical relation to market volatility borders. Volatility Factor 2.0 also takes advantage of pricing oscillations around a prevailing price point.
The first step of the Volatility Factor strategy is to try and find a trading channel and market conditions with low volatility. It will then enter a position looking to stay within this channel. If there is a breakout of the channel and increase in volatility, the software implements a dynamic money management system to exit and wait for the next opportunity.
In finance, volatility is the degree of variation of a trading price series over time, usually measured by the standard deviation of logarithmic returns. Historic volatility measures a time series of past market prices. Volatility is the rate at which the price increases or decreases over a particular period.
If a particular trading instrument is considered to be volatile, then the price is fluctuating significantly over a specified period of time. Whilst this can present on opportunity to catch some big moves, it can also be considered riskier as the market movement can be wild at the best of times.
On the contrary, a financial instrument with low volatility, is likely to be moving in a range which some traders believe can make it slightly easier to pick off trades. However, even a market with low volatility can have its own risks which is why it is important to be able to adapt to different market conditions and only ever risk what you can afford to lose.
As with the majority of MT4 forex robots, you will need to have your MT4 platform up and ruining in order for it to be able to place trades. If you cannot do this, then you could consider a Forex VPS which could remotely run the trading terminal and your expert advisors around the clock without you needing your home machine switched on.
Here we will take a closer look at some of the key features of the Volatility Factor 2.0 Pro Robot, which include the following.
Broker Spy Module
The Fxautomater team say that they have spent a few thousand hours working on this broker spy module which aims to protect the trading activity of the robot from brokers. It does this by preventing the software from trading when there is high negative slippage, high spreads or delayed order execution. In any case, we would always look for a forex broker with tight spreads, low commission fees and reliable execution speeds. This can help save on trading costs in the long term and possibly improve our chances of success.
High-Impact News Filter
Many forex traders will avoid trading around major economic news releases as they can cause high market volatility which may lead to unsuitable trading conditions such as large spreads and increased slippage. The Volatility Factor 2.0 Pro EA can automatically avoid trading when there are news events with its built-in news filter.
Dynamic Trading Strategy
One of the main pitfalls we see from some forex robots is that they use trading strategies which are too rigid and only work well if there are very specific market conditions, such as a trending or ranging market. The Volatility Factor EA is capable of dynamically adjusting according to the underlying price action which means it can adapt to various market conditions as and when required.
Profit Protection System
What this feature aims to do is lock in a profitable trade in order to try and avoid unnecessary losses. Once a position has been locked in, the trading software can utilise a trailing stop in order to try and maximise the potential of each position from each market move.
Time Management System
Some automated trading systems only work well during certain trading hours, this could be during the New York, London, Tokyo or Sydney trading sessions. As an example, forex robots which need low market volatility will often trade just after the US market closes and prior to the Asian market opening as volatility can be at its lowest during this period. The Volatility Factor time management system is in place to help make sure that it trades only during the most suitable market hours, with an average of 3-4 trades per session and 1,000 trades per year according to the Fxautomater team.
Money Management
The software has a complete money management system including stop loss, take profit, trailing stop and lot size. You can adjust the Volatility Factor Pro EA input settings according to your own risk preferences. It also has automatic low risk, medium risk and high-risk settings to choose from.
Volatility Factor 2.0 takes money management one step further by closely monitoring your open trading positions during the session. Using proprietary exit logic, the robot can close out each trading position at what it believes is the optimal level.
Rapid Market Impulse Trading Levels
The Volatility Factor 2.0 Robot can help traders to try and take advantage of market volatility movement. Each trade can be configured according to your own trading strategy or set with existing trading rules provided by the developers.
Members Area
Users who purchase Volatility Factor 2.0 will have complete access to all of the software files and documentation from an exclusive members area. From there, you can download files, contact the support team, and review user-friendly tutorials.
When choosing a trading robot, one of the most important things to do is to check the latest results and see how it has been performing historically. Whilst this is no guarantee of future performance, it can help to give us a rough idea of the trading system being used.
Volatility Factor 2.0 Pro Myfxbook
For us, verified results are a key factor when we review and rate any trading robot. Unfortunately, we don’t have any verified Volatility Factor 2.0 results so cannot make a fair judgement on its current performance. If you are looking for a forex robot and want to see real results, you may wish to take a look at the Forex Flex EA.
Volatility Factor 2.0 Pro Backtesting
Fxautomater have provided us with Volatility Factor 2.0 Pro backtests over an impressive period of 17 years on the multiple currency pairs that it trades. Whilst the results look good, it must be said that the MT4 strategy tester modelling quality used is only 90%. What this essentially means is that they haven’t used tick data, variable spreads or included commissions. These are all factors that can have a significant impact on forex robot results. We would like to see the EA backtests updated with 99% modelling quality. You can see the Volatility Factor backtest below.
Whilst we are impressed by the range of features that the Volatility Factor 2.0 Pro Robot has and its unique trading algorithm, we are disappointed by the lack of verified results. We would therefore only test this currency trading robot on a demo account to begin with in order to see how it performs in a live trading environment. Please feel free to take a look at out trading robot ratings for more automated trading systems.
What is the Volatility Factor 2.0 Pro price?
The software costs $227 which includes 1 real live account license and unlimited demo account licenses.
Where can I download the Volatility Factor 2.0 Pro?
You can download the Volatility Factor 2.0 Pro from the official website here.
What kind of customer support does Volatility Factor 2.0 Pro offer?
The Fxautomater team of client service experts are ready to answer any question that you may have about the Volatility Factor EA. They want users to make sure that they can spend time trading rather than having to deal with technical issues.
What are the best brokers to use with the Volatility Factor 2.0 Pro?
You can use any MT4 broker to run the Volatility Factor 2.0 Pro EA, it can work on micro, mini, standard and ECN accounts.
What’s the minimum amount required to trade with the Volatility Factor 2.0 Pro?
There is no specified minimum amount required to start using this trading software. You should only use what you feel comfortable with and can afford to lose due to the risks involved with any manual or automated trading system.
What is the Volatility Factor 2.0 Pro refund policy?
You have a full 60 days to test Volatility Factor 2.0 and make sure that it’s the right forex trading robot for you. If you decide that it is not for whatever reason, you can request a full refund.
Is the Volatility Factor 2.0 Pro a scam?
No, we don’t believe that Volatility Factor 2.0 Pro is a scam but that does not mean it will produce good results. No matter how good any trading robot is, there are none which can predict the future.
Can I get the Volatility Factor 2.0 Pro for free?
You probably could spend countless hours looking for a free version of the Volatility Factor 2.0 Pro being shared but it is likely to be out of date, unsupported and potentially dangerous.
What currency pairs does the Volatility Factor 2.0 Pro trade?
The EA has been programmed and optimised to trade EUR/USD, GBP/USD, USD/JPY and USD/CHF.
What are the best Volatility Factor 2.0 Pro settings?
The best settings for the Volatility Factor Robot are more than likely going to be those that are provided by the developer. Nobody should know the robot more than those who created it. They would have spent countless hours over many years optimising the settings so that you don’t have to. That being said, you should always adjust the position size and other settings to what works for you as every trader is different.
Can I change the Volatility Factor 2.0 Pro settings?
If you have the knowledge and experience, you are free to experiment with your own settings, this includes the lot size, stop loss, take profit, and more. You may wish to test your settings on a demo account to begin with. You could also backtest the robot in the MetaTrader 4 strategy tester with your own combination of settings to get a rough idea of historical performance.
What do I need to run the Volatility Factor 2.0 Pro?
You will need the MetaTrader 4 desktop platform and an account with a forex broker. Most forex brokers will let you open an account with a small deposit, offer free demo accounts and let you download the MT4 platform free of charge.
How much money can I make with the Volatility Factor 2.0 Pro?
There are absolutely no guarantees on how good or bad any trading robot will perform. Due to the unpredictable nature of the markets, nobody can predict what will happen in the future. You should make sure that you understand all of the risks involved using any automated trading robot such as the Volatility Factor 2.0 Pro.
Results are based on historical data. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. There is no guarantee of future performance. You should understand the risks involved with trading. Your capital is at risk.
