Volatility-Factor.com Review

1.863 • 3 REVIEWS
Updated: Mar 13, 2024
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The Volatility Factor MT4 EA is a forex expert advisor. The Volatility Factor automated forex trading software for the MetaTrader platform has been forward tested on a demo account by the Forex Peace Army,. The Volatility-Factor.com forex robot works on 2 currency pairs, GBP/USD and EUR/USD.

Volatility-Factor.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Volatility Factor +0.05 36.3 +1.897
Volatility Factor 2.0 Pro +0.68 79.6 +71.073
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
1.863 • 3 REVIEWS

Recent User Reviews of Volatility-Factor.com

G
Glowworm
Sofia, Bulgaria,
Jun 14, 2017,
Registered user

Makers of Volatility Factor UNETHICALLY charging existing owners USD$137 for latest update!

The makers of Volatility Factor have just released a new version (as of 13 June 2017) called Volatility Factor 2.0. The company is CHARGING existing owners of Volatility Factor for this update, and this is WRONG – as the original sale was made on the basis that all future updates would be free. They have the cheek to now ask for USD$137 for the update!

This is completely unethical, and shows just another money-grabbing EA company trying to screw their existing user base for every last cent. Please, write to them and let them know what they're doing is wrong. They shouldn't be doing this and in numbers, we can shame them into doing the right thing.
G
Guido Craenen
Wassenaar, Netherlands,
Jun 17, 2016,
Guest

Bought and testing version 7.1 on EURUSD and GBPUSD. In demo account turned a 10.000 dollar account into a 53 dollar account within 3-4 weeks (20th may - 17th jun). So, not very good. I have the detailed MT4 statement available to proof this.

Asked a refund and waiting for it.
G
Reply by Volatility Factor EA submitted Apr 5, 2017:
Dear Guido Craenen,

We checked your case and we found that you have traded with totally wrong settings. We copy here one of our messages to you where we explain the reasons of your losses. By the way just to clarify your 10k account is a demo account.

"Dear G.H.M. (Guido) Craenen CISSP CEH,

We checked the settings included in the archive. You have mixed the
settings. You have traded with totally not recommended settings. Here
are your mistakes:

- RecoveryMode is enabled
- ADVSettings are enabled
- MaxNegAdds is 5 (for gbpusd)

When the RecoveryMode is enabled the robot increase the lot size with
a multiplier with the idea to compensate the previous losses. But when
the ADVSettings are also enabled the robot multiply the lot size for
all additional trades. You have two times multiplying which leads to
huge risk. You have also set MaxNegAdds 5 for GBPUSD - this means that
you may have 6 trades on GBPUSD pair and every next trade has bigger
and bigger lot size. You have mad Volatility Factor EA machine for
losing money. We are sorry for your losses but this combination of
settings is very wrong.

Additionally you have used some custom settings for EURUSD. The
recommended setting for EURUSD are the default settings.

We recommend you to reset your settings and start trading with default
settings."

Currently you are one of our happy users. We also noticed that you have bought 2 additional licenses. This means that all the problems are solved and Volatility Factor EA works well for you. Thank you for being one of our loyal users.

The current performance of Volatility Factor EA can be found on our official website: http://www.volatility-factor.com
N
Nick McDonald
Sydney , Australia,
Jul 23, 2012,
Guest

This EA has been great for me since the update 2 months ago. It hasn't had a losing week. I'm also running it on a live forward test. http://www.mt4i.com/users/volatilityfactor/stats