Volatility Forex Robot uses channel breakouts to leverage market volatility. As per the vendor, the FX robot has generated a total profit of $20,522 in January and $40,020 in 2022. The main advantage of this system is its channel-based logic that uses breakouts in price to achieve high returns.
You can purchase this FX EA for $49. There is no info on the features you get with the package. We could not find a money-back guarantee, which makes us suspect the system’s reliability. But when compared to the market average, we find the price is very affordable.
Is Volatility Forex Robot good?
According to the vendor info, this ATS can generate high profits when the volatility is high. You can exploit the logic of this system to gain huge returns from high volatility pairs. While the vendor boasts high returns for this EA, there are neither verified results nor backtests. Without proper performance proof, it is difficult to assess the system.
Features of Volatility Forex Robot
The key features that make this system stand apart from its competitors are:
- It works effectively on all currency pairs and timeframes.
- It uses 4- or 5-digit broker pricing automatically.
- You get a wide range of custom indicators, templates, etc. with this software.
- Manual closing of trades is possible.
- Optional trailing SL features are integrated into the system.
- It has inbuilt automatic money management.
- All inputs of the FX robot are adjustable including the color objects and texts.
| Trading Terminals | N/A |
| Strategy | ATR, Channel breakouts |
| Timeframe | Any |
| Price | $49 |
| Money Refund | N/A |
| Recommended Deposit | N/A |
| Recommended Leverage | N/A |
| Money Management | N/A |
| Customer Reviews | N/A |
What strategy does Volatility Forex Robot use?
The vendor claims that this FX robot uses the ATR indicator for identifying orders accurately. The average true range is calculated for the previous X bars and the ATR value is subtracted from the highest price in the previous Y bars and a line is drawn. The ATR from the lowest price in the previous Y bars is used to draw a line. From the lines drawn, a channel is formed which is used by the robot as stop and reverse (SAR).
Backtesting vs live trading results
We could not find any backtesting report for this FX EA. The vendor however provides monthly performance reports. Here is a screenshot of the performance of the system for January 2022.
From the above stats, we can see that the ATS has generated a total net profit of $20522 and a profit factor of 5.45. A profitability of 78.26% is present and the maximum drawdown is 0.01%. A total of 230 trades have been completed which shows a high frequency of trades. From the results, we can see the profits are high and risks are minimal indicating a profitable system. Although the trading results look good, we cannot 100% trust them as they are not verified by a reputed third-party site like myfxbook, FXBlue, etc. The lack of verified proof makes it difficult to evaluate the performance.
The core team
The Forex Robot Trader company develops and promotes this FX robot. Don Steinitz is the founder of the company. He is assisted by a team of expert programmers skilled in MQL code. Some of the products of the company include Vader, Odin, Falcor, etc. We could not find info on the location, developer info, contact details, and other related details. For support, the vendor offers an FAQ section and an online contact form. We could not find other methods like live chat, location address, phone contact, etc.