Because of its three volatility characteristics and the bot’s site’s claim of a six-year winning streak, Volatile factor 2.0 has crowned itself as the most potent EA in the market today. The site claims that this forex bot is the only trading tool you’ll ever need. We put that statement to the test throughout the article.
Is Volatility Factor 2.0 powerful? Let’s study Volatility Facor 2.0, is it the user interface, user reviews, stats and backtests to determine whether they’re giving us false promises or not.
What is Volatility factor 2.0?
Volatility factor 2.0 is an improvement of a forex bot that has been in the market since 2012. The bot was made by the creators of the FX Automater and is said to have improved in key areas such as:
- Dynamic trading logic
- There’s a new broker spy module
- Advanced time management system
- Increased profitability
- High-impact news filter
- Increased trading frequency
- Reduced risk
- The bot now supports four currencies
- Improved profit protection system
The bot is compatible with MT4 and ECN and will only operate with an NFA-regulated broker. You can trade on micro, mini and standard accounts, and it guarantees you 100% long-term profit.
Features of the Volatility Factor 2.0
Aside from the numerous improvements made on the Volatility Factor 2.0, the package costs between 200 and 300 USD depending on the discount in effect when you’re buying it. With this package, you will get one real account, unlimited demo accounts, the broker spy module, an advanced news filter, and support for four currency pairs: GBP/USD, EUR/USD, USD/JPY and USD/CHF. This purchase comes with a 60-day money-back guarantee.
EA Review: Volatility Factor 2.0
For this Forex bot to work, the creators made a three-pronged strategy to create a winning formula. These characteristics include:
General level. This came about because of the ability of currencies to maintain small price fluctuation changes making the changes more predictable.
- Drawdown discipline. The creators developed an efficient money management system that analyses trades to ensure traders have a minimum drawdown at the end of each trade.
- Fast Trading frequency
- The forex bot allows you to select the correct entry price, which then determines your take profit and stop-loss levels. This trader follows the market volatility to know when to enter the market and at what price. The bot is compatible with NFA and FIFO, which are trading rules prevalent in the US.
EA Review: Stats and User Reactions
According to Myfxbook, Volatility Factor 2 has won more than 70% of its trades, with an 11.38% drawdown and a +31.75& gain which is quite promising.
The site shows us many backtests dating back seven years with different currency pairs, using the 99% modelling quality. There should be a disclaimer that historical performance isn’t a determinant of future bot performances.
We found ancient user reviews, but since they’re from 2012 and 2017, they may be irrelevant right now.
There are many positives and negatives for every money-making scheme, and all you have to do is have enough knowledge to weigh your options. We have provided you with a comprehensive knowledge base, and all you need to do is stay and trade.