The Volatility Factor EA is the second Forex Robot from the developers of Wall Street Forex Robot. They believe Volatility Factor will exceed the also profitable Wall Street EA and set the bar high again For other Expert Advisor developers.
As you can see below, I have a pre launch copy of Volatility Factor running in the lab. What I can tell you so far is the following:
- Trades GBPUSD & EURUSD M15 Charts
- Money Management is the key
- Good description of MM rules, strategies and setting in manual
- Some periods of large draw down will occur
- Good MM will protect your account during DD
- Over 10,000 pips profit was produced each annually during testing
- Extensive testing/optimization has been carried out
- Stop Loss is default to 380 pips (tested to produce most gain for lowest risk)
- Works best in trending markets
Currently running Volatility Factor on Alpari UK, testing started on 27th March 2012. Current results are as follows:
| Current Floating Profit ($) | Total Balance ($) | |||
| 0.00 | 4434.92 | |||
| View our Volatility Factor Demo Test Statement | ||||
Lab Result:
Hi, I am looking at this EA but a 380 stop loss?
Is that not a bit high?
Yes, it is high, but keep in mind that this acts almost as a protective SL. The algorithm closes almost all (if not all) of the trades before SL when the price retraces during negative moves… hence reducing the size of your losing trade.