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We’re a team of Forex traders with a simple goal: create a winning robot. After years of hard work, we’ve succeeded in achieving our objective.
Now, let’s set our sights even higher.
We aim to share our progress, gather resources, and enhance the software’s effectiveness.
Join us in creating the best trading system ever. We’re confident Fury is profitable and can make all clients successful, no matter their skill level.
Internal Rankings
Unlike many other developers in this market who claim a perfect 100% rating, our approach at Forex Fury is to adopt a more dynamic evaluation of our progress. We believe in assessing ourselves not just by our own standards, but also through feedback from the community.
For us to advance and grow as a company, it’s vital that we at Forex Fury maintain transparency about our current capabilities, recognizing areas for improvement.
Now in our sixth year of service, we continue to thrive with no indication of decelerating.
Our Team
In 2021, we grew our team at Forex Fury, adding new analysts, developers, and support staff, all to guarantee that our service is progressing effectively. We’ve responded to feedback from clients and critics alike, continuously enhancing our skills daily. This ensures that you receive the exceptional service and financial gains you are entitled to.
Trading Approach
Our trading strategy at Forex Fury centers on the key principle of time restriction. To develop an effective trading robot, the primary step is to minimize losses, which we believe is best achieved by designing a system tailored for a specific time frame.
In the past, we utilized high-risk strategies with large or undefined stop losses, but we are now transitioning towards more favorable risk-reward ratios to enhance safety in volatile markets.
Our trading window is from 4-5pm EST, a period typically characterized by lower market volatility, ideal for our advanced scalping strategy to secure quick wins. Consequently, our robot operates in the market for just 1-2 hours each day. This focused approach has been profitable across multiple pairs, as evidenced by the trading accounts displayed on our website’s front page.
Where many robot developers falter is by attempting to create overly broad or comprehensive systems. By concentrating on just one hour daily, we’ve managed to analyze and test data far more extensively than our competitors.
Though some traders opt for all-day trading, implementing this with an automated robot is challenging and often leads to failures in our industry.
Our method may be straightforward, but our execution of fundamental and technical analysis is at the forefront of the industry.
Fury Settings
• Username: This refers to the username you established during your initial sign-up.
• Trade Direction: The robot can be set to trade both long and short positions, exclusively long positions, or solely short positions.
• Fixed lot size: To apply a constant lot size, set the option “Use Incremental Lot Size” to false.
• Use Incremental Lot Size: When set to TRUE, this money management feature utilizes the ‘Risk per Trade’ percentage to automatically determine the lot size.
• Risk per Trade, %: If “Use Incremental Lot Size” is set to TRUE, a percentage figure will be used to calculate the lot size for each trade.
• Stop Loss: This refers to the Stop Loss value that the Expert Advisor (EA) will utilize to exit a trade at a loss.
• Take Profit: This indicates the Take Profit level that the Expert Advisor (EA) will use to close out a trade with a win.
• Max Orders: This is the maximum number of orders that the robot is programmed to have open simultaneously.
• Reverse Strategy: Inverts the original trading strategy. Its practical utility has not been established yet.
• One Set Trade Per Day: Limits the EA to open only one set of trades each day. This is because the robot may err when opening a second set of trades.
• Only Range Trading: Ensures the bot trades only during ranging market conditions, reducing risk but also limiting the number of trades.
• Max Spread: Sets a limit on the acceptable spread to control volatility. The default is 5 points; trades won’t open if the spread exceeds this.
• Max Slippage: The maximum slippage level at which the EA will initiate trades.
• Magic Number: Unique identifier for each chart when trading multiple pairs simultaneously.
• Dynamic Retrace: A new type of stop loss introduced in V4, not yet used in any accounts.
• Retrace Trigger and Exit: Sets the parameters for the Dynamic Retrace feature, including the trigger and the exit points.
• Martingale Strategy: A basic strategy involving increasing trade sizes after losses. It’s under consideration for future testing.
• Lot Multiplier: Adjusts trade size post-losses as part of the Martingale strategy.
• Max. Steps: The maximum number of steps for increasing trade size in the Martingale strategy.
• Trailing Stop: A stop loss method that locks in profits by setting new stop losses as the trade becomes more profitable.
• Trailing Start and Step: Determines when the trailing stop activates and the pip amount for trailing.
• Start and Stop Time: Specifies the time window for the robot to look for trade opportunities.
• Trade on Specific Days: Options to enable trading on specific weekdays, with some clients opting out of Friday trading to avoid weekend holdover.
• Display Panel: An on-chart printout, toggleable between true or false.
• BG Color, Text Color, Text Font Size, Offset X, Offset Y: Customization settings for the on-chart panel, including color, size, and position adjustments.
Trading Accounts
We continuously expand our range of trading accounts, explore new currency pairs, and seek diverse strategies for success with Fury. We recommend experimenting with various setups to discover which of our settings aligns best with your individual trading preferences.
Trading Risks
The Forex Fury robot is adept at executing strategies across low, medium, and high-risk spectrums.
Many of our live account tests involve high-risk strategies. Unlike most robot developers, we embrace this approach to push our methodologies’ boundaries and enhance them.
However, adopting high-risk strategies is not a necessity for all users.
Our recent features like the range filter and max spread enable clients with various risk appetites to effectively use our robot.
Large drawdowns in our accounts shouldn’t be a cause for concern; they are part of our process to test limits and facilitate learning.
The robot is equipped with money management tools, allowing customization of lot sizes and the number of simultaneous trades, catering to both conservative and aggressive trading styles.