Volatility Based Market Algorithm & Money Management
Volatility Factor EA was designed to make 10-15+ pips per trade via its very powerful volatility based market algorithm.
This algorithm closely watches the market, so when a desired movement is detected in a certain direction, in a lightening fast reaction, it initiates trades with leverage to magnify the returns on the current market volatility.
The EA focuses on the medium term market's signals and with its powerful and sensitive money management system, it can keep your account safe and minimizes risk till the trades get exited.
Prevailing Level Detection
This is the corner stone for the volatility based trading strategy via a thorough view over the market to correctly predicting the currency pair trading range within which its price swings.
More over, thousands of sophisticated calculations are necessary to correctly map the channel and accurately identify the prevailing level, which are automatically processed by Volatility Factor EA.
By applying the volatility based market algorithm, the EA can make important profits unless a genuine channel breakout has occurred that isn't inline with the algorithm's calculations, here the EA money management algorithms starts its action by closely watching the trades and systematically closing each position with an optimal profit level and a minimum drawdown to protect the account balance and keep it within the risk profile parameters.
With such strategy and profiting protocol, any system should end into a lazy one with slow trading rate, but via its lightning fast trading logic, Volatility Factor EA can quickly react with the market, analyze it and makes 3 - 4 profitable trades per session.
Spread and Price Slippage Protection
Volatility Factor EA has an advanced integrated protection system that is configured to minimize the broker driven price spread and slippage, so it's compatible with any broker and any account type.
EA trades by opening a basket of 4 positions maximum depending on market volatility, taking profit at 20 pips with hard StopLoss of 50 pips, this means that touching the SL for the 4 basket trades would mean a drawdown (4 * 50 = 200), this is a so much safer if compared to the older version which drawdowns could be in excess of 1500 pips of (380 * 4 = 1520) pips.
GBPUSD, EURUSD and it also trades other unsupported pairs.