If you don't know this, V2 stands for "Fau 2" - the German rocket created by ingenious Wernher von Braun in the latter years of WWII. I chose this name because I was impressed by the results produced even by the early version of this Trading Strategy. Originally I have designed this strategy as a standalone application which worked with my Broker (local affiliate of Gain Capital) via Gain Capital API. Recently, I have implemented the V2Bot Trading System for MetaTrader and now I am very confident that it works on this platform as well.
V2Bot contains 3 important parts:
Part 1. First, of course, it's a special mathematical logic which looks for the opportunities for Entry (both Long or Short).
Part 2. Once the conditions for the Entry occur, V2Bot calculates the Lot Size for a new trade, basing on User-defined initial values of AllocationPercentage, MaxLots and StopLoss. For example, user can set up the system to use only 10% of the available Trading Capital (excluding required Margin and possible maximum Loss on this trade), but not more than maximum number of Lots at a time, for example 10.
Part 3. Trade Handling: During the life of the Trade, V2Bot monitors the Profit/Loss of the order and, basing on its internal logic, may move Stop level into Profit Zone and even further - it depends on how well the Trade performs. Stop is never moved into greater Loss. Also, V2Bot closes some parts of the Lot according to its logic to preserve the profits. Trade Handling logic is also controlled by User-defined Inputs. The details are available on the Documentation page. You can also read the Jumping Stop article on this Web site to learn how the system handles the open positions.
The screenshot below shows the entry opportunities, found by v2bot. Note that it might seem that they are not "perfect", as they do not catch all and every turning points. But, as I will show later, they good enough if we will handle our trades correctly.  Here is an example of less of one day of trading on a clean Mini-account. V2Bot was set up on 4 major Pairs, the Trade Handling was set as a very safe and conservative, so the system saved even small profits. As a result, for a half of the day the program made more than $1,100 when the maximum risk was $700 and the maximum draw-down was a little bit more than $300:
 Live results of V2Bot trading on a Mini Account on 4 major Pairs are now available on a special Blog site, you can watch it there in real-time: v2bot. Live Trade Results. V2Bot may work on any Intraday chart - from M1 to H4. However, you may want to set greater values for the Trade Handling Inputs because on bigger time frames the program will catch bigger price movements and you will need to build your trading strategy on bigger expectations. This is explained on the Documentation page. The best results, basing on my experience with a system, are earned on M30 charts.
The price of a V2Bot for MetaTrader is $299.00 (only compiled files are included) or you may purchase complete source code for $1299.00.
The files are delivered in electronic form. I'm not sending any CDs or floppies with the files, sorry.
You will receive 2 .EX4 files - the Expert and the Indicator which should be placed into required folders of your MetaTrader program. In case of the source code purchase, you'll have .MQ4 files as well.
You will also receive a Documentation file wich explains the logic of the system, the Inputs and their impact on the system logic.
I'm very confident that by using V2Bot you will cover your expense very quickly, so I provide this Money-back guarantee.
- If you purchased the compiled system, I will gladly return the full price of the program - $299 (less commissions and/or fees taken by the payment systems) if you won't make at least $300 in the first week (Monday-Friday) of using V2Bot on a Real (not Demo) account, either - Mini or Standard, running on one currency pair (EUR/USD). There are some limitations - the system should work with the default parameters and be turned off during major News announcements. User should provide me with the view-only access to the account to prove his/her claims.
- If you purchased the source code of the system, all conditions above also apply, but I will be returning only price of the compiled program ($299 less commissions and fees).
How to purchase V2Bot:
To obtain your copy of V2Bot, please go to the Purchase page. Have any questions or need a support?
Please email me and I will reply to you during 1 business day (4pm-9pm EST, Monday-Friday, excluding major US and Canadian Holidays).
Risk DisclaimerThe risk disclaimer is meant to inform the user of the potential financial risks of engaging in foreign exchange trading.
The transaction of such financial instruments known as Forex, fx, or currency, and dealt on a valued basis known as 'spot' or 'forward', 'day trading' and 'option', can contain a substantial degree of risk. Before deciding to undertake such transactions with any firm offering similar services, a user should carefully evaluate whether his/her financial situation is appropriate for such transactions. Trading foreign exchange may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital. The definition of risk capital is funds that are not necessary to the survival or well being of the user. I strongly recommend that a user, who is considering trading foreign exchange products, read through as much as possible topics and articles available on the Internet websites so that he/she may obtain a clear and accurate understanding of the risks inherent to fx trading. The 3rd party opinions and analysis on potential expected market movements contained within the Data-API.com website are not to be considered necessarily precise or timely, and due to the public nature of the Internet, the author cannot at any time guarantee the accuracy of such information. Information provided on this website is intended solely for informational purposes and is obtained from sources believed to be reliable and accurate. Information is in no way guaranteed. |
 
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V2Bot: EA for MetaTrader |