Forex Robot Reviews
Published on Thu May 19th, 2016

A new Version 7.1 of Volatility Factor EA has just been released and can be downloaded for FREE by the licensed members at the official website client area, for those who are still didn't get their copy, they can get the latest version directly after purchasing for the EA. The new version is able to trade with any currency pair and make even bigger profits thanks to the new added advanced settings.

Trading on Unsupported Pairs

The new version is now able to trade the unsupported currency pairs and for that, two new parameters have been added (they already exist in the WallStreet Forex Robot):

  1. UseCustomPair
  2. UseSettingsFrom

Let's have GBPCHF as an example of a desired unsupported pair to trade on, the following steps should be fulfilled:

  1. Create a GBPCHF chart and attach Volatility Factor EA 7.1 to it.
  2. Set UseCustomPair to TRUE.
  3. Set UseSettingsFrom to GBPUSD or UseSettingsFrom to EURUSD: This will import some important settings for GBPUSD or EURUSD to the robot. Backtesting both currencies settings with history data is recommended to find out which better suites GBPCHF on your broker.
  4. The robot can be adapted to GBPCHF by modifying Custom Settings section parameter values which include BetterPricePips, MaxNegAdds, ForceProfit, ForceLoss and more ... Each of which is so important and adapting them perfectly could result in excellent performance of the robot on GBPCHF or any other unsupported pair.
  5. The best recommended settings for GBPCHF (officially by the robot developers):
    • BetterPricePips => 40
    • MaxNegAdds => 1
    • ForceProfit => 8
    • ForceLoss => 100
    • UseCustomPair => true
    • UseSettingsFrom => GBPUSD
    • MondayHoursForbidden => 7,8,9,10,11,12,13
    • TuesdayHoursForbidden => 7,8,9,10,11,12,13
    • WednesdayHoursForbidden => 7,8,9,10,11,12,13
    • ThursdayHoursForbidden => 7,8,9,10,11,12,13
    • FridayHoursForbidden => 7,8,9,10,11,12,1

      NOTE: The forbidden hours in this example for GBPCHF are set to suite brokers +2 winter GMT offset. The official support team can guide you to adapt these hours to your broker GMT offset.

Volatility Factor EA v7.1 GBPCHF

New Advanced Settings

These new settings were added to enhance the robot's performance and maximize profits, as they are still new and unknown by most users, they are disabled by default:

  1. LotsMultiplier: This is set to 1.6 by default. This parameter activates the robot's martingale system by setting the lot size of each subsequent trade equals to that of the previous trade multiplied by 1.6, increasing the robot's final profit.
  2. TargetProfit: This is set to 4 (pips) by default. Any positive value will set a bigger lot size for the subsequent trades if the price reverses and go to the favorable direction allowing early compensation of the initial losing trade by the subsequent ones. If the total gain in money equals to the set value in pips with the average risk of all open trades, all of them will be closed, helping to harvest profits in the appropriate timing.
  3. TradeCount: TargerProfit is related to TradeCount which is the number of the opened trades while TargetProfit is enabled to close trades. TargetProfit is only useful when TradeCount is fixed as proved by testing the robot.
    The best values for the supported currencies could be:
    • GBPUSD
      • TargetProfit => 6
      • TradeCount => 3
    • EURUSD
      • TargetProfit => 7
      • TradeCount => 4

30% Discount Coupon

And to celebrate the new version, the developers team has provided us with an exclusive 30% discount coupon to the current robot's price which is $297 to be $158.90 after discounting.

Click here to get the Coupon (use the code while paying for the robot).
(the coupon code will expire on 31st May, 2016)

Latest Volatility Factor News and Updates

Volatility Factor 2.0 PRO GBPUSD 4 Months Visual Backtest Video This Visual Backtest was done for Volatility Factor 2.0 PRO on GBPUSD using a spread of 4.0 in a 99.9% Modelling Quality Dukascopy Tick Data Via a Tickmill ECN-PRO Demo Account
Volatility Factor EA v7.2 is Available! Volatility Factor EA v7.2 has just been Released! It is Available in the Members Area for Downloading!
How to Set the Right GMT Offset in Volatility Factor EA! Time is an important element in the trading strategies and algorithms of the majority of Forex Robots and they may also employ News Filter during high impact news and events to avoid large losses
Volatility Factor v7.1 EURUSD 6 Months Visual Backtest Video This Backtest was for Volatility Factor EA V7.1 on EURUSD using a spread of 1.0 in a 99% Modelling Quality Dukascopy Tick Data Via a Tickmill ECN-PRO Demo Account
Volatility Factor EA v7.1 Trades All Pairs + 30% Discount Volatility Factor EA new Version 7.1 has just been released. It trades on any currency pair and can make even bigger profits thanks to its new advanced settings
The Market Leading Forex Robots Cuts Are Still Continuing! FXAutomater, the well known team who created a set of intelligent EAs that outperform expectations, have announced today that their new robot Forex Diamond EA has +400 pips profit for September 2014
Volatility Factor EA 2014 Summer Promotion has Begun As a continuation of the periodic promotion policy FXAutomater - the EA owner company - used to apply, it's starting today the 2014 Volatility Factor EA Summer Promotion
Volatility Factor EA v 6.0 is Finally Released ! FINALLY Volatility Factor EA has a new version 6.0, with its amazing the new Time Management settings and individual comments
The final 2013 WallStreet Forex Robot and Volatility Factor huge discounts For the last 6 days of 2013, price reductions will be for WallStreet Forex Robot with whole 30% off the regular price and for Volatility Factor EA with up to 50% off the regular price
Volatility Factor EA 30% Christmas Discount ! 30% OFF the regular price of Volatility Factor EA! Just for now, you can get this unique robot with 2 Integrated Profitable Forex Trading Systems for just $199

Talk about Volatility Factor

Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.