Forex Fury V4 Stable (Download Available)

Another great day in what’s been an excellent year for the Forex Fury robot project. Last week the developers made some significant changes to the members area, releasing V4 Stable, and shifting to a new authentication system.

As far as I’m concerned, it is worth everyone’s while to shift over to that new system.

In order to use the new authentication system, you will have to download the updated versions of the software. There are both updated versions of V3 and V4. Though, my recommendation is that you upgrade to V4, as this version is the most recent, and provides the best opportunities to win.

The authentication system is much better than the past version, as you can now see all of your accounts, instead of guessing of having to go through all your MT4/MT5 platforms.

I believe this is just another excellent step in Forex Fury becoming a more professional project. That being said, I still feel like I’m on the ground floor of this thing because there are so many more updates to come, and this is still a rising Forex opportunity.

Forex Fury V4 Stable

So, once you’ve adjusted to the new authentication system, make sure that you download the latest version of Forex Fury to get the most out of the system.

The download is very easy to acquire. Simply login to the members area, and click on the version you want to download. I’ll say it again, I recommend making the upgrade to V4 as it’s the best version available.

This upgrade, and every other future upgrade is always provided free. The $229 one-time fee covers all upgrades, which I obviously love, being a long-term member of this project.

I’ve already covered all of the different features in my last post, so today I’ll go into more detail about the SET files and the available approaches in the new version.

What SET file or Strategy to Use?

This is a question I get often.

I can’t say that one SET file, one time window or even one pair is “BEST.” The reason for this is because Forex Fury can be used in a multitude of ways. For high risk traders, high risk strategies would be considered best, and for low risk traders, the opposite.

Considering this is Forex, a high risk market, most traders will lean to the high risk SET files. These are the SET files with high stop losses, that give the potential of doubling an account over a short period of time, while risking a large portion of the account in order to do so.

Generally, this is how I like to use Forex Fury, but I will frequently treat these accounts like Stocks. So, I will not only have a take profit on a trade, but a take profit on the overall account.

Traders frequently want to run accounts forever, which doesn’t make sense to me.

If running high risk settings I like to double an account, and then pull the money, or switch that account to a low risk SET file while I plan my next move.

I also recommend that if you use high risk SET files that you watch the account closer, and be ready to intervene if the markets start trending, as Fury is built for ranging market conditions.

Can I Trade Forex Fury Low Risk?

Absolutely.

While most of the accounts advertised are high risk, there are low risk options available. You can use SET files that rely on the range filter.

This filter significantly decreases the amount of trades, but lowers the risk as well.

So if using this filter, you usually want to trade more pairs.

The Ultra Low Risk SET file in the members area provides traders with a less risky way of using the software. This isn’t normally the way I trade Forex, because it’s Forex, and if I want low risk I would stick to my mutual funds.

Conclusion

So, whether you want to trade high risk, or low risk, Forex Fury does give you that option, and you can be successful in both ways. Just understand the risks you are taking, and don’t invest more than you can lose.

Stick to ranging markets, avoid big news, and collect your easy pips without any analysis.

I’ll be back soon with new on the 4.1 update, and then again when 5.0 is starting to roll out with a news filter.

Take care!

Forex Fury V4 is Launched!

It’s a great time to be a Forex Fury member, because another free update is now available. I’ve been talking about the Version 4 update for some time, and now I’m happy to have been using it for a few weeks.

Today I’ll be going over the new features, trading accounts, and my first impressions on this latest version.

Before I get into all that though, I recommend watching the latest Forex Fury Review.

Forex Fury V4 Review Video

This video covers the new V4 features, shows off some of the trading capabilities and some new live Myfxbook accounts. Check it out here and make sure to subscribe for your chance to win a free copy of the software.

There are a lot of comments on the video, so I recommend going through some of those as well to be part of the conversation. Now, I’ll get into the features of the software so you know what to expect.

V4 Features

This Forex Fury update comes with some great additions, and I’ll go through each of them now to help you get a better understanding as to why V4 is the most powerful robot on the market.

  1. Market Update – The developers always do an in-depth market analysis to make sure that the software performs better in current market conditions. This ensures that 2021 will be a very successful and promising trading year.
  2. Better Protection – In the past, many unscrupulous people try to crack the software, and try to sell it for lower prices. Hundreds of traders have used these cracked / hacked versions that simply don’t work properly. This has hurt the Forex Fury reputation, as many traders that use these versions that only half work still leave negative feedback, despite not using the right software. This new protection should help against this.
  3. Backtesting – While strategy testing is still not recommended, as it doesn’t work with live data or time restriction, the team fixed some issues with this process.
  4. Martingale Strategy – A new martingale strategy is now available that can be turned on / off, depending on your preference. This strategy requires that maxorders is set to 1. After a loss, the martingale strategy will increase the lots in the next trade in an attempt to recover the previous loss faster than ever before. Given the high win rate of the Forex Fury robot, this should be a viable trading approach.
  5. Dynamic Retrace – This is another stop loss option for traders that don’t like the default stop loss or trailing stop option. I haven’t spent much time testing it yet, but I will provide full reports once I have completed it.
  6. Long & Shorts – Now you can set the robot to trade only longs or only shorts if you have a certain strategy that works in conjunction with this approach, it’s now available to you.
  7. On Chart Aesthetic – The software now looks different on the chart, so you can customize the look and feel of the Forex Fury robot.

V4 Trading Results

It’s really early, but the early performance numbers with Forex Fury are very impressive. With many requests from the community for more live trading accounts, the Fury developers are stepping up and providing them.

I’m really impressed with the Forex Fury EURUSD account. This account is up nearly 40% in just a month on a live trading account. This is a real gain of nearly $4000 on a $10000 account.

There are many more accounts being added every day, and all of them appear to be live, so the critics are really going to have to look long and hard for something to complain about now.

The second account being shown here is a V4 USDJPY trading account. Again, showing very impressive gains on a live trading account. The profit is over $4600 real funds on a $50000 account.

Finishing UP

Well, that’s pretty much it for today. I’ll be back in another 3-4 months with another post, as that seems to be the schedule that I’m on.

I will go over the trading results again, as I’m really excited to see how all of the new live trading accounts pan out!

The Future of Forex Fury (V4)

Hey guys, been a few months since I last checked in and I’m happy to say that Forex Fury is still performing very well on my accounts. Today, I want to talk about the new version 4 which is set to release in early 2021, or earlier depending on how fast the update shakes out. As of right now, most of the discussion is still about what features should be added, and it’s really a great question.

Forex Fury V4

How do you make something that’s already incredibly profitable, even better? Alright, that sentence makes me sound like a fan boy and I’m aware of that fact, but what do you want me to say? It’s literally the only robot I’m winning with in 2020.

So what should be added?

Well, there are quite a few good ideas already being suggested by the Forex Fury clients. Firstly, let me say that I think it’s amazing that the Fury team is willing to listen to their clients, and the Version 4 update already has 30 comments. Some of the most interesting update requests for me are the additions of a news filter, a failsafe SL, and a two stage trailing stop to lock in longer wins. There are many other great ideas, but I’ll leave it to you to go to the Fury blog to check them out for yourself.

Current Performance

While I am excited about the free update to V4, I’m very happy with the current performance.

This GBPUSD account is showing a strong gain over 724% with a very low drawdown of under 14%. This is the exact type of result I’m always looking for. A stable gain, with the ability to make aggressive gains when necessary. There are many other accounts, as the software continues to perform well on a bunch of different currency pairs.

The pairs I like most right now are made up of:

  • GBPUSD
  • USDJPY
  • USDCHF
  • AUDUSD

I see that the Fury team put together a two pair account, but I still like one pair per account as that’s when the software performs well and always has. If you have two pairs that are performing very well, then just upgrade to DIAMOND, and double your Forex Fury profits.

Conclusion

I am excited for V4, but I am very happy with how V3 is performing. I don’t imagine there will be any major strategy changes for this version, but some slight market updates and a few new features.

There is no reason for major changes, because Fury is performing very well.

Forex Fury Video Review 2020

Just thought I’d put together a quick blog post for you today letting you know that Forex Fury is continuing to perform very well. In my research I’m seeing some impressive client accounts up 600% in just over half a year. I imagine these accounts are using higher risk than most, but with gains of 600%, I doubt anyone is complaining.

Forex Robot Nation also put out a helpful video that’s 10 minutes long showing the progress of the Fury software, and how it’s being used in 2020.

Forex Fury Video Review

The video is great, it goes through many different aspects of the software, and let’s traders know what they can expect moving forward. In my last blog post I discussed V3, and this version is showing a lot of promise to this day. In fact, it’s a bit of a god send that V3 came out when it did, because it provided a new Range Detector feature which has been incredibly effective at dealing with the tough market conditions COVID 19 has brought about.

About

One thing I notice when talking to Fury members is that most of them have never read the Forex Fury About Us page. This is a very important page that should be read before purchase. It goes over the Fury strategy in detail, giving traders more insight into why the software aims to open trades during just one hour a day. It also covers all of the different trading parameters which is perfect, because you should know everything about the software.

I also recommend reading the blog, because when your money is involved, there is never too much information. The more you know about the software, and the more tests you do, the more you will accomplish in shorter time.

Wrapping Up

I’m keeping it short and sweet today, so I hope that this information serves you well, and that you continue to prosper with Forex Fury.

Thanks for stopping by, and good luck with your trading.

Forex Fury V3 (Free 2020 Update)

Hey guys, this is my first blog post of 2020 and it just happens to coincide with the first Forex Fury update of the year. Now on version 3, the developers of the fury software continue to look for ways to improve their service and help their clients achieve a high level of success. The purpose of this blog post today is to go through some of those changes and let you know my opinions of each. There is quite addictive breakdown so I think it’s best that I just jump right into it and begin my analysis.

Forex Fury V3 Free Update (2020)

forex-fury-V3

Along with the normal market updates, the Forex Fury robot added 3 new features. These features all came recommended by some of the most successful Fury clients, and were discussed in great detail on the official blog. I think it’s awesome that the fury development team are willing to listen to clients and knowledge their feedback in such a constructive way. So many developers in this market have huge egos, and they ignore even the most obvious ideas if they don’t come up with them themselves.

Range Trading

Range trading is one of the most important elements of the Forex Fury system, but until there hasn’t been a mechanism inside of the EA that’s been able to recognize these market conditions. Instead, the software has focused on time restricted trading to only trade specific times when the market is more likely to be ranging.

This new update comes with a function that can be turned on or off which enables the smart usage of the ADX indicator. The purpose of this indicator is to analyze market conditions, and only allow trading when the market is ranging. It’s an obvious addition, and one that should be considered for just about any automated scalping system on the marketplace.

I’m not totally sure if we will be able to increase the trading window by multiple hours, but it’s definitely something I plan on testing.

One Set of Trades Per Day

The second update that I’m dying to try out is the ability to set Forex Fury to only trade once per day. In my experiences with this system in the past, I have found that when the software opens up a 2nd set of trades, this set of trades often lost.

So they should mitigate risk a fair amount, and it’s definitely something I plan on utilizing immediately.

Reverse Strategy

The last update is the reverse strategy which basically does the opposite of what Forex Fury does now. I really don’t see much use for this feature because I like the way Fury trades, but I guess if you have a specific trading account or pair that does nothing but lose, you can certainly test out the reverse strategy feature.

Final Thoughts

All in all, I’m very happy with the update, and I’m very happy with the Forex Fury software in general.

I hope that you will check back with my blog soon, as I plan on testing some of these new features and adding some Myfxbook accounts to demonstrate my progress.

Forex Fury Trading Approach

My goal here on this Forex Fury blog is to always focus on how you can become a better trader. Don’t sit back with default settings and think that your job is done. Sure, you can find success with the default approach, but you should not stop there, it’s just the beginning of your journey.

Forex Fury Approach

forex-fury-trading-approach.jpg

There are a few things I always do when I am setting up a new Fury approach.

  1. I install a bunch of MT4 instances. This will obviously vary based on how much your computer or VPS can handle, but in most cases a VPS around $20 per month should let you run at least 5 or 6 instances.
  2. Then, I start setting up my accounts with different settings. I will test 1 pair on each account, 1 hour of the day, 1 tp, and 1 stop loss. These are all areas that can be adjusted, and small tweaks in this area can often have some pretty amazing results.

Elaborating on #2, there are many ways you can go about this. Often, I will run default settings on 5-6 pairs. Then, I will take the same 5-6 pairs, and try a higher SL on each. Then, I will take the same 5-6 pairs, and just try a different STT & ETT.

You can see very quickly how you can get to hundreds of different accounts very quickly,  but don’t let that stop you or scare you.

How many accounts do you really need?

Honestly, you can do just fine running 5-10 demo accounts, and then picking the best demo account settings to go live. I usually run over 20, but I also have 3 live licenses, so I want to have many demo accounts running so that I have many hot streaks going at once that I can use on my live accounts.

Wrapping up

Don’t think that your job is done just because you bought a Forex robot, even if it is the extremely powerful Forex Fury. Do your job, do your analysis, do your testing, and find an approach that is going to win you pips for the next 10 years while you sit on the sidelines and watch your account grow.

Forex 2019 – EA Review + Discount Coupon

Yes, I still love FOREX FURY.

This robot is a winner, and has been winning for me on my accounts for years.

It’s not often that you come across something stable, and effective in the Forex marketplace. I’m sure you are aware of that, if you’ve been trading for a while. In fact, many people have even used Fury and have decided that it’s not for them. That’s all well and good, but if you are giving up on Fury, then I’d hate to say it but you probably have no hope in the markets. I want to give you a little help today so I’m going to tell you what I do, and what support has helped me see as the best way to use Forex Fury.

Best way to use Forex Fury

The easiest way to have success with Forex Fury is to find a setup that suits your personal needs. The time it takes to find this setup is approximately 2-3 months.

If you are looking for a get rich quick solution, move along, this isn’t for you.

So, the first thing you want to do is setup 10-15 MT4 demo accounts. This is very simple and will take less than an hour to do. On each demo account you will run different pairs, and settings. The changes don’t have to be significant, you can even run the default settings on at least half of them no problem. For more information on what changes you can / should make, just go ahead and read the Forex Fury Success Guide.

After you have these accounts running for 2-3 months, you will start to see winners. Then out of these 10-15 accounts you will probably have 3-4 top performers. At this point, all you have to do is pick 1, and start running it on your live account.

It is an easy process, and is repeatable. So you keep your tests going while your live account is running so you can swap in and out depending on how the live account is performing.

It’s very little work, for a huge reward.

Forex Fury 2019 Video Review

Came across a great Forex Fury video, that really aligns with my feelings about the software. Check it out here:

Final Thoughts

Don’t expect overnight success with Forex Fury, but do know that it is a powerful consistent solution at winning pips when used the right way.

Thanks for reading, and I’m sure to post again soon, so stay tuned for that.

Oh, and I almost forgot, use the COUPON: FORX-1GCW-FURY when you order, for some easy savings!

Forex Fury 2018 & Anti-Martingale

Yes, I know I might be looking too far forward here, but we are just a couple months away from 2018, so we have to start thinking about the future of Forex Fury. Many EA’s take years off, or disappear and stop performing over time.

I don’t think that’s going to be the case here, and there’s a few reasons why.

Forex Fury 2018

The first reason, is the fact that Forex Fury is providing new accounts, and new settings. When the EA was first released, the developers only provided 1 pair, GBPUSD. In the past three months, they have added a EURUSD, and  USDJPY. My favorite is still the GBPUSD account, but these new accounts prove that you can spread the risk, and it gives us a back up plan. If GBPUSD doesn’t perform as well, then we can put more money into these other pairs as a way of diversifying.

I’ll link you to the accounts here, so you can take a look at them yourself.

USDJPY Account

These two accounts show some modest gains so far, and I’m really excited about 2018 with what they have in store. I’ve also talked closely with the support team, and they tell me that we should expect even more accounts, with different time settings, and pairs. I’m extremely pleased with this continued development. This is looking more and more like a long term investment, which is exactly what I’m interested in.

Anti-Martingale Strategy

You’re probably wondering what this is all about. Well it’s a little off topic, and not Forex Fury centric, but this is a trading approach that I frequently employ, so I was hoping I could share it with you. So, with that being said, enjoy.

anti-martingale-forex-fury

The Anti-Martingale strategy is as it sounds the opposite of the Martingale Strategy. Instead of doubling your risk every time you lose you will half it and double it when you win. The assumption is that it is better to capitalise on ones winning streaks than on the losing streak, building on the term “let your profits run and cut your losses short.

There are a few points to keep in mind with this trading system:

  1. By doubling up your risk on every winning trade you increase the chances of taking a big loss that will wipe out all of your profits if you do not couple it with a risk reward ratio greater than 1:1.
  2. Losses will incur during periods where you incur a loss after every win instead of a streak and you do not have a risk reward ratio of at least 1:2.

Example in a system of taking profits at a risk reward ratio of 1:2
Assume that you have $100.

The first trade you place risks $10 and is a winner, risk reward of 1:2, you profit $20. You then double your risk to $20 on the next trade and you win again taking profits of $40. You follow the same process for your third trade which also wins. However your 4th trade is a loser and you lose $80. Your account balance is now $160.

This money management strategy is better at taking profits than simply always risking the same amount for every trade but the downside is that when a draw down does occur it will be quite a big one, fortunately the system caters for that by halving the position sizing and therefore decreasing risk rapidly.

Another scenario would be to include the winning and the losing streak and see the effects it has on your profits.

Example:
Assume a risk reward ratio of 1:2, an account balance of $100 and consecutive wins to consecutive losses are 4 to 3 respectively.

The first trade you place risks $10 and is a winner, risk reward of 1:2, you profit $20. You then double your risk to $20 on the next trade and you win again taking profits of $40. You follow the same process for your third and fourth trades which also wins. Your account balance is now $400.

Your account then incurs the 3 expected consecutive losses for which you halve the risk after every loss keeping a risk reward ratio of 1:2.

The strategy will even hold up in a scenario where instead of having a run of consecutive wins and losses you incur a one for one ratio as shown in the graph below.

Assume a risk reward ratio of 1:2 and account balance of $100.

The key to its success is a positive risk reward ratio of at least 1:2.

Conclusion

The Anti-Martingale strategy is considered to be better than its nemesis the Martingale strategy because it don’t increase your risk exponentially as well as not incurring massive drawdowns.

The Anti-Martingale has the added benefit of not being a suicide bomber and ending your account in a single trade.

Can this be employed with Forex Fury in some way? Let me know what you think.

Forex Fury Review Update

fury-boxAs we make our way to the back end of 2017, Forex Fury continues to roll and find ways to win trades. Today I just want to update you on my successes and failures with the fury software so you know where we stand as we are moving closer and closer to 2018.

First of all, I will say that I do believe that the fury software will continue to win well into 2018, because this strategy is frequently updated and built for the long run. I have used many Forex expert advisors in the past, and so many of them have never worked for longer than 3 months. In this case, fury has been working very well for over 2 years now, and it really deserves our attention.

Fury Review Update

There was a loss on the main account just over 2 weeks ago. This loss should have been a 29 PIP loss, but because their servers were down, the loss was much larger. This was only an issue for the Forex Fury developers. All of their clients did exit the trade normally, so there were no major consequences.

The only reason I bring this up, it’s because the Myfxbook account is now showing a large loss that is not connected with the software in any way.

So, this is good news.

Video Review

Just the other day I came across a very helpful Forex Fury video review, so I figured I should share it with you now. Check out this video and it will better explain the ins and outs of fury. This is a great video for beginners to get a better understanding of how this all works.

Strategy Update

The Fury EA is utilizing an advanced scalping mechanism. The system takes advantage of the market when it is ranging, which allows for very easy wins. The robot opens trades between 4-5PM EST, which may seem like a very short period of time, but this allows the software to be extremely accurate. While many other systems are focused on to wider spectrum. Fury’s advantage over the competitors is that it is focused on just one thing alone.

I want to thank you for checking out my review today, and please make sure that you check out these other fury resources.

Fury Resources

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Forex Fury 2017 Breakout Year!

forex-fury-top-left-logoI know that it’s been quite some time since I posted in this Forex Fury blog so I figured it’s time for a full update. In this update I will tell you exactly how the robot has been performing for me over the past year, whether or not I still recommend it and what we can expect moving into 2017.

2016 Analysis

2016 was a very important year for me and the Forex fury robot. The EA performed admirably for over 90% of the year and has helped supplement my income dramatically throughout this period. There was one issue with the software during the GBPUSD Flash Crash when the Sterling dropped 6.1 percent in minutes during Asia hours. The EA had a very hard time dealing with this flash and it caused multiple losses thankfully, fury recovered very quickly over the next few days but I wouldn’t be doing my job if I didn’t report every angle.

Recent Results

Aftermath

In my discussions with Forex Fury support we came to many of the same conclusions. We decided that the Forex fury robot needed to learn from the flash crash so that if it ever happened again there would be no issues. I emailed back and forth for over a week suggesting different ideas and they were very receptive to my thoughts. With other software vendors in the past, my thoughts and suggestions have been shrugged off immediately. This is the first case where I actually felt important and part of the solution. In fact, the developers of fury gave me an additional free live license and upgraded me to their diamond package because they ended up using some of my suggestions. I am quite proud to be able to provide assistance for such a comprehensive and successful trading robot.

Forex Fury 2017

The aftermath plays directly into the success of Forex Fury in 2017. I truly believe that fury will perform better in 2017 that it has in any other year. Due to the fact that the developers are consistently modifying and updating the software to current market conditions, I see no reason to expect anything but major success.

If you are a Forex robot trader and you have not yet tested the theory EA than I suggest you jump in early January and grow your accounts the way I have over this past year. If you have anything to add leave a comment and make sure that you check in from time to time with the people at Forex Robot Nation for their tremendous Forex Robot Reviews.