Volatility Forex Robot is a trading advisor that was designed by Forex Robot Trader. This company has almost no reputation. There is a wall of comments written on Forex Peace Army that the system isn’t working properly or even wasn’t delivered after purchase.
We have grouped the most useful comments about the robot and how it can help us with trading in the list below:
- The advisor was designed to execute orders for us automatically.
- We have a common explanation of how the tube between support and resistance levels is built: “The Volatility Channel SAR Robot is impressive in its simplicity. The concept is straightforward: draw a line at the highest high of the past N number of bars and the lowest low of the same. Such lines provide the channel, and the Channel Breakout strategy simply seeks to trade breakouts in either direction.”
- So, we can work with a breakout strategy if the market breaks it.
- “The Channel Stop is very adaptive to current market conditions since it changes with trendiness and with volatility. The Channel Stop is further away from the market in times of higher volatility and higher trendiness and closer to the market in times of lower volatility and lower trendiness.”
- It can be a reason why the reversal moves happened right after breakouts. This case uses big banks to rob the market participants.
- The system runs an Average True Range indicator to make entry points more precisely.
- “In actual practice we have found that most problems with the ATR stop tend to arise when the short term average true range becomes unusually small and our tight stops cause us to be whipsawed.”
- The system calculates short term (3-4 days) and long term (15-20 days) ATR.
- We have a block with links on monthly trading results.
- The system draws ATR on the chart to inform us where the market currently goes.
- “The indicator will calculate the ATR for the last X bars (X is an external variable).”
- It united the data from ATR with the highest price in the last Y bars and drew the line.
- We can trade with all cross pirs at once.
- It works on all time frames.
- The system can be used on MT4.
- The advisor can be used on 4 and 5 digit brokers.
- The system is delivered with “all custom indicators, expert advisor, and templates.”
- We are allowed to close orders manually if we want.
- There’s a trailing stop loss feature.
- There is a money-manager applied.
A real account copy of Volatility Forex Robot costs $49 with a 75% discount. The presentation doesn’t include mentions about the package’s features and if we can rely on a refund policy if something goes wrong.
- The system works with trading market moves around a support or resistance level.
- The advisor works with all pairs.
- We are allowed to work with it on all time frames.
We have only photoshopped screenshots as a proof. It’s noticeable that nothing was attached to the chart in moments where they were taken. So, it’s impossible to trust them blindly.
There’s a link on December’s trading results. According to the number of account numbers it could be a demo account but this looks like a report that was made on the past data and introduced as it was traded on the market.
The devs try to convince us that it’s a system with $3,904,233 on it. It doesn’t look pretty trustworthy. The total net profit has amounted to $10,543.18 this month. The profit factor is 4.24. It has executed 112 orders with 70.37% of the win rate for shorts and 77.59% for longs. The maximum drawdown is 0.01%.
Forex Robot Trader runs a page on Forex Peace Army with a 2.262 rate based on 270 reviews. We have no accounts connected to the profile.
There are so many negative testimonials written. People aren’t satisfied with the performance of the products that the company provides.