New Volatility Factor EA settings for GBPCAD

There are new settings for Volatility Factor EA which can be used for trading on GBPCAD currency pair. Thanks to these new settings Volatility Factor EA shows good performance on GBPCAD.

Just to remind you that the new version 7.1 of Volatility Factor EA can be used on any currency pair available for trading. But its settings must be adapted for the new currency pairs. Otherwise you may have unexpected (bad) results.

Here are the new settings for GBPCAD:

BetterPricePips=14
MaxNegAdds=1
ForceProfit=6
ForceLoss=100
FixedStopLoss=200
CloseOnlyOnProfit=true
MinProfitPips=4
UseCustomPair=true
UseSettingsFrom=EURUSD
MondayHoursForbidden=0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18
TuesdayHoursForbidden=0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18
WednesdayHoursForbidden=0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18
ThursdayHoursForbidden=0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18
FridayHoursForbidden=0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18
ADVSettings=true
LotsMultiplier=2

NOTE: The forbidden hours in our example for GBPCAD are adapted for brokers which winter GMT offset is +2. If you don’t know how to adapt these hours to your broker GMT offset contact our support team.

Important: Some brokers have high spreads for GBPCAD currency pair. Therefore please check the spreads of your accounts before to trade with Volatility Factor EA on GBPCAD. Actually MaxSpreads parameter will avoid trading when the spreads are higher than 3.5 pips (which is the default value of this parameter).

IMPORTANT: These settings for GBPCAD are only optional and developed by request of our users who want to trade on other pairs. You can trade on GBPCAD only at your own discretion!

 

Share this Post

Comment(s) (6)

  • fxautomater Reply

    ilios ellas: It would be nice if we can use this EA on "no-GBP" pairs which are very volatile at this time and could lead to substantial loss.

    Actually, you can use the ea on every currency pairs. We have released a version Volaitlity Factor v7.1 and it is possible to trade on every pairs. You are free to trade on the robot with any other pairs.

    October 13 2016, 11:53 PM
  • ilios ellas Reply

    It would be nice if we can use this EA on "no-GBP" pairs which are very volatile at this time and could lead to substantial loss.

    October 13 2016, 3:44 PM
  • FXAutomater Support Reply

    Robert: Hi
    is there a special .set for trading EURUSD or may I use default settings? Some tips for EURUSD?
    thanks


    The recommended settings for EURUSD currency pair are the default settings. They show best performance at the moment.

    August 02 2016, 12:00 AM
  • Robert Reply

    Hi
    is there a special .set for trading EURUSD or may I use default settings? Some tips for EURUSD?
    thanks

    August 01 2016, 8:18 AM
  • FXAutomater Support Reply

    ilios ellas: Is there a change in "Use Custum Pair"= true, if true, which pair EUR/USD?

    Yes, you have to set the following values: UseCustomPair=true, UseSettingsFrom=EURUSD

    July 13 2016, 11:32 PM
  • ilios ellas Reply

    Is there a change in "Use Custum Pair"= true, if true, which pair EUR/USD?

    July 13 2016, 8:44 PM

Leave a comment

Success! Your comment has been sent to the moderator.In case you have any questions do not hesitate to contact the support team. Note that we do not support SPAMMERS.
Error! There was an error sending your message.

Disclaimer U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Clearly understand this: Information contained within this course is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.

*CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

By using FXAutomater's products, you acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance.