I just bought this EA. The Backtest is trust with the video of the author. Go live from one day, little gain, little loss for now! I await for the results. i hope are good!! I use only as raccomandation EUR/USD 5 min
Project Volas
Project Volas is a fully automated EA that algorithmically combines two distinctive trading techniques - Sniping and Machine Gunning.
It patiently snipes for trading opportunities by detecting fast price movement and when opportunity is detected, it transforms into a machine gunner in executing trades and scalping as much as possible within the opportunity trading window.
Check out my back test video to see what I mean.
This EA is recommended for EURUSD pair on M5 time frame.
Strengths
- Built-in with an intelligent algorithm that combines Sniping and Machine Gunning trading techniques
- Detects trading opportunity using latest price movement and doesn't look back to outdated candles or lagging indicators
- The EA automatically avoids consolidation period when market is indecisive
- Protected with Stop Loss and Trailing Stop
- Suitable for small account size or deposit
- Just drag and drop onto chart
- Set files not required
- No martingale, no grid and no hedging
- Compatible with other EAs
Back Tested on 99.00% Modelling Quality - Check Out My Back Test Video
- Back tested with latest released version of Birt's Tick Data Suit (version 2)
- Back tested with simulated variable spread range of 1 to 3 pips (10 to 30 points)
- Back tested with simulated slippage of 1 pip (10 points)
- Back test modeling quality of 99.00% which is the highest degree of back test accuracy
Robustness Tested: "In Sample" VS "Out of Sample" Testing
- EA was developed, back tested and optimized using "In Sample" historical data from Jan 2004 to Dec 2014
- Historical data from Jan 2015 to Sep 2016 was intentionally left out of scope from the development phase to be used for "Out of Sample" testing
- Both "In Sample" testing (2004-2014) and "Out of Sample" testing (2015-2016) have shown good stability and robustness in the EA from the test results
- See test results for "In Sample" and "Out of Sample" periods in the attached screenshots below
Recommendations
- Recommended Pair: EURUSD
- Time Frame: M5
- Trading Days & Time: No restriction on days or time, and suitable for news trading
- Brokers: ECN brokers recommended or brokers with low spread, low commission and fast execution
- FIFO Regulation: Do not use Brokers with FIFO regulation as this EA does not comply with FIFO regulation
- Spread: Must not exceed 1.2 pips (12 points)
- Minimum Deposit: 100 USD
- Minimum Leverage: 1:400
Parameters
- Lot Size: Set lot size. This will become a fixed lot size value if auto lot sizing is disabled
- Enable Auto Lot Sizing: Auto lot sizing is disabled by default. Risk will be higher when using auto lot sizing
- Enable Always Up Lot Sizing: Only applicable if auto lot sizing
is enabled. If enabled, lot
size will always increase
- Balance Amount Per Lot Size Step (in $): Only applicable if auto lot sizing is enabled. Set balance amount for each lot size step. The lesser the amount, the higher the risk
- Balance Amount To Start Auto Lot Sizing (in $): Only applicable if auto lot sizing is enabled. Set balance amount to trigger auto lot sizing
- Max Lot Size: Only applicable if auto lot sizing is enabled. Set maximum lot size for auto lot sizing
- Enable Spread Filter: Enable spread filter feature
- Max Spread (in points): Only applicable if spread filter is enabled. Set maximum spread in points (not pips) for spread filter
- Max Slippage (in points): Set maximum slippage in points (not pips)
- Enable Balance Protection: Enable balance protection feature
- Balance To Protect (in $): Only applicable if balance protection is enabled. Set balance amount to protect. When this amount is reached, trading will stop and all trades will be closed
- Enable Delayed Monday Start: Enable delayed Monday start feature
- Monday Start Time (Your Broker's Server Time): Only applicable if delayed Monday start is enabled. Set Monday start time to start trading. This time value follows your broker's time
- Enable Early Friday Close: Enable early Friday close feature
- Close Trades On Friday End Time: Only applicable if early Friday close is enabled. Set to true to automatically close trades upon Friday end time
- Friday End Time (Your Broker's Server Time): Only applicable if early Friday close is enabled. Set Friday end time to end trading prior to Friday close. This time value follows your broker's time
- Trade On Sunday~Saturday: Enable trading on individual day of week
- Trade Comment: Set comment for every trade order
Video


I just bought this EA. The Backtest is trust with the video of the author. Go live from one day, little gain, little loss for now! I await for the results. i hope are good!! I use only as raccomandation EUR/USD 5 min

I tested EA on my live account for 10 days.
Little gain for now.
I'm waiting for release 3.0.
Good support from Dave.

The seller says that the ea trades rarely but the truth is that it never trade! I attached it on 6 chart for a week and it have only opened a lot of order in 1 minute and close all immediately.It do this 2 times and stop after nothing more. If you are lucky you don't lose but of course you will never gain with this ea

Lot of deleted pending orders, no market entry
update 10/04/18
seems to work, places pending orders and closes positions quickly. For now I put three stars, let's see if it can be constant
- Minor enhancement of some code structures for better efficiency in processing
- Refresh parameters list for better clarity
- Removed option to select between different Volas strategies due to the major changes in the algorithm
- Added "Use_AlwaysUpLotSizing" option to disable/enable always up lot sizing
- Added "Enable_Balance_Protection" option to disable/enable balance protection feature
- Added "Enable_Delay_Monday_Start" option to disable/enable delayed Monday start time feature
- Added "Enable_Early_Friday_Close" option to disable/enable early Friday end time feature
- Added MondayStartTime parameter for delayed start on Monday open
- Added FridayEndTime parameter for early Friday close
- Added CloseTradesOnFridayEndTime for option to close all trades on Friday End Time
- Added option to disable/enable trading for specific week days
- Added MaxSlippage_In_Points parameter to allow slippage setting
- Enhanced algorithm for better spread tolerance
- Removed display info panel
I tested EA on my live account for 10 days.
Little gain for now.
I'm waiting for release 3.0.
Good support from Dave.