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20 Jun

New Volatility Factor EA settings for GBPCAD

6 Comment(s)

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!

 

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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

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