Volatility Factor 2.0 is the latest version of another fully automated robot. According to the developers, they have incorporated new features into the new system which serve to enhance its profitability rate. They further state that the EA is built to make between 10 and 15+ pips for every trade while applying proven trading approaches.
Volatility Factor 2.0 is currently being sold at $227. This pack features 1 real account and unlimited demo accounts. The vendor provides a 60-day, unconditional money-back guarantee.
Volatility Factor 2.0 Trading Strategy
The vendor indicates that Volatility Factor 2.0 applies volatility-based trading. This approach mainly capitalizes on the present market direction. It then optimizes opportunities for profit while mitigating risk. According to the developers, this tactic regularly generates profits because most trades track the impulse of the main market. Notably, the developers have incorporated a volatility-based market algorithm into the robot that monitors the market closely and instigates trades that exploit market volatility.
Volatility Factor 2.0 Features
The EA has the following features:
- Trades with EURUSD, GBPUSD, USDJPY, and USDCHF currency pairs
- High-impact news filter
- Improved profit protection system
- Dynamic trading logic
- Unique broker spy module
- Advanced time management system
- Money management rules
- Spread and slippage protection systems
- High trading frequency
- Trades micro, mini, and standard accounts
- Operates with any MT4 broker, including ECN
- Is compatible with any NFA-regulated broker
- Three intelligent built-in protection system
- Two advanced built-in trading strategies
- Advanced volatility technology
- Operates with 4 and 5 digits after decimal point
- Designed to work on the M15 time frame.
- Offers 24/7 customer support
Volatility Factor 2.0 Backtesting Results
The EA traded with the GBPUSD currency pair on the 15-minute time frame. It operated for 7 years particularly between January 2010 and May 2017. During this period, it generated a total net profit of $1,692,312.24 from a deposit of $2,000. The profit factor (1.70) was mediocre.
A total of 9,131 trades were executed. Out of these, the EA attained win-rates of 78.40% for short trading positions and 78.04% for long ones. The average loss trade (-$1,216.42) was 2 times higher than the average profit trade ($575.47). This is dangerous as it indicates that the account trades with high risks to the balance. The relative drawdown of 21.15% was high, further highlighting the high-risk approach taken by the account.
Volatility Factor 2.0 Live Trading Results
We can see that the trading results are for a demo account. It was activated on March 4, 2021, and by July 16, 2021, it had increased a deposit of $5,000 to $6,841.59. This means that it has made a profit of $1,841.59 which is equal to a 36.83% gain. The profit value is quite small bearing in mind that the account has been active for 4 months now. The daily and monthly profits stand at 0.23% and 6.97% respectively. The drawdown is 11.46%.
The number of trades that the EA has made is 423. It has attained win-rates of 80% for longs and 72% for shorts. The profit factor is 1.89 while the pips made are 1399.6. The average win is 7.39 pips while the average loss is -9.70 pips. The account has traded with 79.59 lots. This figure is high and hence increases the account’s risk of incurring losses.
The account conducts most deals on Tuesday as evidenced by 101 deals made on that day.
An analysis of the account’s monthly performance shows that the monthly profits are not consistent and hence unpredictable.
From the trading history, it is evident that the account makes very small profits and trades with large lot sizes. We may also note short-sized Grids of orders. The EA hides stop loss and take profit levels.
Volatility Factor 2.0 Reputation
Volatility Factor 2.0 is a product developed by FXautomater, a company that specializes in creating and selling Forex robots. Its other robots include Grid Master Pro, Omega Trend EA, BF Scalper EA, Smart Scalper EA and many more. However, the professionals behind this EA are not indicated. So, we do not know their names, profiles or reputation in the Forex market.
We searched for customer reviews for this robot on the Forex Peace Army site and discovered that only three customers have commented about it. The EA has been given a rating of 1.863 out of 5. This is not flattering. One user complained that the company behind this EA was unethically charging current owners for updating the software into its current version. Another trader expressed their concern about the low profitability of the account.
Volatility Factor 2.0 Review Summary
- Strategy-5/10
- Functionality & Features-5/10
- Trading Results-4/10
- Reliability-3/10
- Pricing-3/10
Conclusion
We ask traders to refrain from using this robot. It applies a high-risk approach as evidenced by the trading results. We also cannot trust the vendor as they have only provided trading data for a demo account instead of a real one. So, we are left to speculate how it really performs on a real account. Furthermore, customer reviews indicate that traders are dissatisfied with this product as the company does not deliver on its promises.
