Another year has left the door, but nothing can stop me from talking about Forex Fury and its continuous innovation in 2022.
The influence of artificial intelligence and automated trading may not be new terms for those who have been trading for some time. Over 50 percent of traders nowadays belong to the millennial group. So, it’s no surprise that automation is currently a critical part of the trading world.
From advanced mobile trading technologies and 5G networks to forex robots, automation has become common in the forex world. I can focus on other essential areas like research and strategy development without exerting too much effort and time with automation. Plus, trading bot traders at Forex Robot Nation continuously improve the features and functionalities of their robots.
<iframe width=”640″ height=”360″ src=”https://www.youtube.com/embed/iz6i4MxX86Y” title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture” allowfullscreen></iframe>
Whether you are a beginner or an experienced forex trader, you can expect constant innovation from Forex Fury.
Forex Fury in a Nutshell
Forex Fury is one of the most trusted and reliable fully automated forex robots available on the market. It is designed for beginners, intermediate-level traders, and advanced traders. It is the best option for other traders and me so far with regard to automated trading.
This forex EA offers a comprehensive installation guide, tested settings, and responsive customer care. Above all, it is easy to use. When I was new to the trading robot, I found no difficulty using Forex Fury.
Why I Like About Forex Fury
Aside from offering a wide range of trading features, Forex Fury also provides freedom and flexibility to pursue my trading strategies while reducing the risk of failure. It works well with MT4, MT5, Build 600+, FIFO, and NFA.
This automated EA supports foolproof money management and ECN systems and promotes low drawdowns. While the developers offer fifteen-year backtest results for credibility validation, they do not solely depend on backtesting results. Instead, they want to show the real trading data.
I quickly access the backtesting results from the Forex Fury members’ area. Plus, I can check real trading results with my verified myfxbooks account for improved satisfaction.
This trading bot follows a combination of scalping and time-restricted strategies. It opens all trades within one hour daily in multiple or less volatile market conditions. This trading strategy is even helpful when it comes to multiple currency pairs.
While Forex Fury gives traders the freedom not to change the settings, I still try to experiment with a custom approach. This trading robot works by closing the transaction despite the small profit available. For such a thing, I activate the stop loss mode. If the asset price does not move based on my expected direction, the trade remains open for a long period.
Many trading bots may claim better results than Forex Fury offers. However, I see no trading bot successfully maintained the standards set by this forex EA. Most trading robots perform well, but the customer care team is not quite knowledgeable about how to help and guide the users.
On the bright side, that is not the case with Forex Fury. I find the support team, talented researchers, and developers. So, every time I have questions or inquiries, the customer support representative answer professionally and provide the solutions I need.
The Innovation Continues
Forex Fury is unstoppable when it comes to innovation. For instance, forex traders can finally enjoy version 5 with the latest updates.
As V5 Beta is already available for download, all members have an opportunity to enjoy free lifetime updates. This innovation is an enticing step to provide new developments and features in the software.
Here are the latest innovations offered by Forex Fury:
Money Management Adjustments
Previously, the money management feature helped me acquire stable trading performances and enjoy sustainable long-term growth. Even beginners confidently trade using this feature because of the low-risk environment. So, it is safe to assume substantial returns without worrying so much about the risk of loss.
With the money management adjustments, I became more confident with my trades. I do not have to worry about investment risks.
Removal of Reversal Strategy
Using the Forex Fury V5 Beta, I noticed that the reversal strategy was removed. The primary purpose of this functionality is to do the organic logic’s opposite. It is dedicated to forex traders who optimized a great short.
News Filter
When I used the news filter on the MT4 platform, it rolled out at first. This feature enables traders to set up events and news to avoid trading on not-so-favorable market hours and conditions. In return, traders feel more confidents that their accounts are safe at all times.
Trend Filter
The trend filter is an excellent innovation from the V5 Beta. This feature helps the trading not trade in trending conditions by adding the easy-to-customize slow- and fast-moving average.
Following the trends helps me figure out what’s happening to the price. On the other hand, defining the trend on my own is a challenge. Fortunately, the trend filter came into the scene. I can now narrow down the timeframe and extend the timeframe.
Martingale Strategy Adjustments
The developers of Forex Fury also made an update with the martingale strategy. The adjustments are helpful every time I trade in the expanding markets. One of the major advantages of using the martingale strategy is that traders can lower profits when making subsequent orders instead of orders with triggered static volume.
With the martingale strategy, I have nothing to worry about even when everything is flat with a narrow price range. Whenever I notice that the market declines, I immediately use this feature. Since the market can go in waves and make strong kickbacks, utilizing this strategy get out of the problem at slight price rollbacks.
Conclusion
Forex traders have to deal with a lot of demand time because of the 24-hour trade. The good news is that Forex Fury helps traders make the entire trading process straightforward with less pressure. Plus, this trading bot constantly innovates, ensuring that it effectively caters to traders of all types. Happy trading!
