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)
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 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.
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.
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.