Volatrend Breakout Pro EA MT4 : Is it Worth Your Investment?

Volatrend Breakout Pro EA Review

In the fast-paced world of Forex trading, finding a reliable and profitable expert advisor (EA) can be a daunting task. One such EA that has been garnering attention is the Volatrend Breakout Pro EA. However, before making any decisions, it is crucial to thoroughly analyze its features, performance, and credibility. In this review, we will delve into the details of the Volatrend Breakout Pro EA to help you determine whether it is a trustworthy investment.

Features and Strategy

The Volatrend Breakout Pro EA is designed to automate the execution of trades on various Forex pairs, including EURUSD, GBPUSD, XAUUSD, and USDJPY. The EA claims to utilize a trend strategy based on volatility breakouts and the breakthrough of support and resistance levels. It emphasizes being a low-frequency trading solution, which means it opens trades only during trends, rather than engaging in high-frequency trading.

The absence of Grid and Martingale strategies is a positive aspect, as these high-risk techniques can potentially lead to significant losses. Instead, the Volatrend Breakout Pro EA focuses on fundamental principles that are claimed to work effectively on popular instruments. The EA can be used with both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, providing flexibility to traders with different platform preferences. It is worth mentioning that the suggested broker for optimal performance is Darwinex, although it can likely be used with other brokers as well.

Version: V 1.24

Terminal: MT4

Year of issue: 2023

Working pairs:  EURUSD, GBPUSD, XAUUSD, and USDJPY

Recommended timeframe: M1

Best Brokers List

Volatrend Breakout Pro EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Volatrend Breakout Pro EA Settings:

Performance Analysis

To assess the performance of the Volatrend Breakout Pro EA, we examined its historical trading results. The provided backtest data covers a substantial period, from 2000 to 2021, encompassing four cross pairs.

The backtest demonstrates a historical quality of 96%, which is relatively high and indicates that the results are likely to be reliable.

During the backtest, an initial deposit of $10,000 generated a total net profit of $184,551, which is an impressive return. The maximum drawdown, a measure of risk, was 14.91%, which is considered acceptable.

The profit factor, calculated by dividing the gross profit by the gross loss, was 2.15, indicating a favorable profit-to-loss ratio. Additionally, the recovery factor, a metric that assesses the ability to recover from drawdowns, was high at 67.79, suggesting resilience during adverse market conditions. In terms of live trading performance, the Volatrend Breakout Pro EA has been running on a real account with IC Markets since March 25, 2018. The account has a verified track record, lending credibility to the results. With an initial deposit of $4,999, the account has achieved an absolute gain of 90.62% over the course of its operation.

The average monthly gain stands at 1.40%, which demonstrates consistent profitability. However, it is important to note that the maximum drawdown for the live account is relatively high at 38.20%, which indicates the potential for significant losses during volatile market conditions. During its live trading period, the EA executed 6,322 trades, resulting in a total of 204,163 pips. The average win per trade was 296.09 pips, while the average loss per trade was -140.94 pips.

The accuracy of the EA's long trading positions was 37%, and for short positions, it was 42%. These figures suggest that the EA's performance can be somewhat inconsistent, with a higher percentage of losing trades compared to winning ones.

Conclusion

Considering the features and performance of the Volatrend Breakout Pro EA, it is essential to approach its potential with caution. While the historical backtest results showcase promising returns and acceptable risk metrics, the live trading results demonstrate a relatively high drawdown and a mixed percentage of winning trades.

Traders who decide to invest in the Volatrend Breakout Pro EA should carefully evaluate their risk tolerance and consider implementing proper risk management strategies. It is advisable to conduct thorough due diligence, including further research and monitoring of the EA's performance in real time.