Description

Volatility Factor EA v3.0, 4.0

www.volatility-factor.com

Content: Experts: VolatilityFactor_v3.0.mq4 (Unlocked- Source Code), VolatilityFactor_v4.0_4in1_edu.ex4 (Unlocked – Educated Version), UserGuides: VolatilityFactorUserGuide ENG.pdf, VolatilityFactorUserGuide RUS.pdf.

Volatility Factor EA Description:

Volatility Factor is not a young Forex robot that has undergone many changes during its evolution. But even the early version from 2012 remains profitable to this day and without any problems passes the 8-year backseat.

Сharacteristics of the Volatility Factor EA

Platform: Metatrader4
Cost : $207
EA versions: 3.0, 4.0 (Not PRO)
Currency pairs: EURUSD, GBPUSD
Trading Time: Around the clock
Timeframe: M15
Recommended broker: ICmarket, XM

EA`s working principle and Back Tests

According to the principle of trading, the Volatility Factor can be attributed to lightweight martingale. Since the EA opens deals on the breakdown of the Bollinger Bands, and when the market turns, it opens several additional deals, the number of which is set in the robot settings, in the assumption that the market will return to average values ​​based on the principle of volatility (hence the name of the EA). And since Stop Loss is very large – about 300 pips, in case of further price movement against an open deal, the Volatility Factor will inevitably lead to a loss of 1500 pips. Although, it should be noted that the Expert Advisor, as a rule, leaves the deal much earlier.

Volatility Factor EA Settings: