Today I’m reviewing a new version of an expert advisor that was released back in 2012, Volatility Factor 2.0. At the time, this system was quite popular so it’s not a huge surprise that they are back again, but it’s been 5 years so I’ll have to take a close look and see if they still have the ability to produce a viable Forex robot.
The creators of this software are FXAutomater, a group that is responsible for multiple trading systems. The location of the company is not disclosed, and we aren’t provided with any names or knowledge of who’s involved with the company. To get in touch with the support staff you can fill out an email form on their website.
Volatility Factor 2.0 Review
In this review today I’ll be taking a close look at the Volatility Factor 2.0 robot, analyzing what it has to offer and scouring the community for other reviews and real client feedback.
With this new version, they are promising a “six-year unbroken winning streak.” This is all possible due to a bunch of new features and updates that “enhances the systems profitability to a whole new level.”
- New efficient dynamic trading logic.
- Advanced time management system.
- Unique broker spy module.
- Increase trading frequency.
- Improved profit protection system.
One of the main aspects they talk about frequently is the unique broker spy module. They tell us that this is a game changing tool and inspect them over 2000 hours just to develop it alone. The product producers believe that brokers are frequently cheating traders with high slippage, high spreads and delayed order execution. This spy module feature is built into the software, and it will allow you to monitor and watch your brokerage very closely to ensure they don’t do anything shady.
The developers of the Volatility Factor 2.0 are well known for their flashy sales pages, and impressive vendor myfxbook accounts. They currently have four Forex robots available on the market.
Each of these robots posts come across as polished with detailed accounts of their strategies, which I like.
It’s important to see what the community is saying about both the new Volatility Factor system, and also some of the old products because they are so alike, and developed in a very similar fashion.
There are quite a few complaints on both Forex Peace Army and BabyPips pips that the developers, FXAutomater, are actually update-review-volatility-factor-2-0. They’ve essentially updated the original software, but are not offering the software as a free update to their existing customers. They are actually making their existing customers pay full price for this new system, even though it’s an update. The user that is most concerned is “spontayn” and he claims that after making many posts on both of these websites that the developers have started to totally ignore him.
I have to agree with this take though. This is clearly an update, and so all existing members should have access to this for free.
The vendor accounts for the FXAutomater systems are always very impressive. The Volatility Factor 2.0 account is showing a 56% gain since the beginning of February and has reached this number in a consistent manner. Like the other products developed by this vendor, the software takes a lot of small trades, making the systems all broker and spread dependent.
There is concern from the community that the vendor results can never be reproduced by real clients, so this is something I will be following very closely.
There’s a lot of positives and negatives about the Volatility Factor 2.0 robot, but I think they could all be solved by a few real client trading accounts. I want to know that this software works for its client base before I recommend it to the Forex Robot Nation readers.
Please let me know you think about the software, and feel free to check out the Best Forex Robots page as recommended by all of the readers here.
I ran a demo on this EA on separate separate demo brokers. It trades well, until huge losses occur. Seems to trade multiple times with a trend that does not reverse. All three brokers show the same pattern. Trading recovers over the next few weeks and just when you reach the break even threshold, a really bad trade occurs.
Thanks for sharing Paul.