Volatility Forex Robot is a trading advisor that was developed by FRT. The company has a low reputation because of many negative testimonials written about it. We have decided to check this system out and see whether it is a valid system to consider in 2022.
Features
The presentation includes some details and strategy explanations about the system and what we have to expect from it.
- The robot can provide us with automatic trading that allows us to forget about opening and closing orders manually.
- “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.”
- The system is designed around a breakout strategy if the market goes in the proper direction.
- “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.”
- The market can go in the opposite way if the major banks trade against participants.
- It works with an Average True Range indicator to calculate entry points in the best way.
- “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 to get in a trade more precisely.
- The devs claimed that these reports are about trading results.
- The system draws ATR on the chart to let us know where the market goes.
- “The indicator will calculate the ATR for the last X bars (X is an external variable).”
- The robot proceeds data from ATR with the highest price in the last Y bars and draws the line.
- Trading is allowed on all available cross pairs.
- We are allowed to trade on all time frames.
- The terminal is MT4.
- The advisor can be used on 4 and 5 digit brokers.
- We can use it with “all custom indicators, expert advisor, and templates.”
- We can close orders automatically if this is needed.
- It works with a trailing stop loss feature.
- We have a money-management feature applied.
- We can customize settings to improve our experience.
How to start trading with Volatility Forex Robot
- We have to purchase the system.
- Then, it has to be attached to proper charts.
- So, that’s almost it because the robot works automatically for us.
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.
Backtests
The presentation doesn’t include backtest reports that oils let us know how the system was tested if it was tested. The most important part of testing is the final report with win rate, drawdowns, profit factor, and other useful information about testing.
Verified trading results of Volatility Forex Robot
The presentation includes several screenshots. We have provided several of them. So, there are comments that were added over it. We don’t know if the system traded these mentioned profits in reality or not. So, it’s hard to trust them.
We have a report of trading activities in January 2022. It wasn’t formed on a real account. As well, we don’t know what broker provided it. This is a con that we don’t have verified trading results to ensure that the system is profitable on the market.
We have unverified trading results provided by the developers. This account has $3,927,100 on the balance. The profit factor is 4.37. The maximum drawdown is 0.01% only. The total net profit is $2046 so far. It traded 31 orders with 81% of the win rate for shorts and 95% for longs.
People feedback
There’s a page of Forex Robot Trader on Forex Peace Army with 270 reviews written. The final rate is 2.262. The developers didn’t connect any accounts to it.
There’s a wall of negative testimonials about the system’s inefficacy and unreliability.
Is Volatility Forex Robot a viable option?
Advantages
- Affordable pricing
Disadvantages
- No team revealed
- No risk advice given
- No settings explanations provided
- No backtest reports provided
- Trading results aren’t verified
- No money-back guarantee provided
- Many negative testimonials written
Summary
Volatility Forex Robot is another advisor from FRT that doesn’t look trustworthy. The developers skipped providing all important intel about the system like backtest reports, trading results, and so on. We have so much negative feedback written about it.
