6/4/ · How Is Forex Fury? The financial advisor Forex Fury has a Consumer Rating of Customers generally find themselves satisfied with purchases of 58 stars out of 92 reviews. 18/10/ · Forex Fury assures a high winning rate with its fully automated EA. But our evaluation of the characteristics reveals several downsides that make it unreliable. The vague 5/5/ · Is Forex Fury Trading EA Available for Free. Of course, no. Forex Fury trading robot comes with a fee attached to take possession of it. The forex fury team offers different plans Trading involves substantial risk and may result in the loss of your invested/greater that your invested capital, respectively. Live Chat +1 () Trade Shares and Forex with ... read more
Learn how to install and run EA on MT4 and trade with Forex Fury without problems. The Forex Fury has been able to reach the profit level of These results are proven by one of the respected third-party companies.
The Forex Fury has been able to keep the maximum fixed drawdown level of It starts on October 03, , and has 48 months already. All other accounts have been live since December , which is only six months of statistics. As we can see, the trading curves look different depending on the account but generally speaking, every live trading account has a strong upward movement trend which describes the system as a profitable one so far. Forex Fury EA has other monitoring accounts, but almost all of them are demo accounts.
We are convinced from experience that demo results should not be taken into account because there are many systems that are capable of working exclusively on demo accounts.
Therefore, we only review real accounts. There are no backtests available for Forex Fury EA. The developers of Forex Fury EA made a pretty loud statement right away. They claim that the represented robot is the most effective one on the market, and we are going to check if this is really true.
From the first glance at the live trading performance of the EA, it is obvious that the robot can trade accurately as we see the straight upward curve on the longest-lived trading account without long fixed drawdowns and big stop-losses. Forex Fury EA has gained only The drawdown level of the system at the same time is quite high — Two others real Myfxbook accounts of Forex Fury have better results, but the trading on those accounts began only 4 and 5 months ago.
The account for the EURUSD currency pair has The USDJPY account has slightly better results than the previous one. These numbers give us an average profit to drawdown level of 0. As we can see, from the very beginning of the trading, the Forex Fury uses fixed lot size and places trades as grids. The most interesting part of this trading logic is that the grids are opened and closed all at once, which could be a signal of possible Martingale trading.
That means that instead of opening a series of trades with an increasing lot, for example, 1st trade — 1 lot, 2nd trade — 2 lots, 3rd trade — 4 lots, and so on, the Forex Fury EA might be opening trades like this: 1 trade — 1 lot, 2 trades — 1 lot, 4 trades — 1 lot and so on.
The other interesting and at the same time not that pleasing fact about the trading of this Forex robot is that the EA has been trading since October which is 48 months of real trading. At the same time, as we can see from the Myfxbook statistics, there are only 25 months out of those 48 that the system has really traded for.
All other time the robot was not making any trades. There is no information about if the system was stopped during those 25 months or if it is just the way the robot trades but, anyway, this fact does not add up to the impression of the Forex Fury. If we turn our attention to the numbers on the screenshot above, we also can see that the robot made trades during 48 trading months, which makes 8.
This is a small number, which is obvious in the view of the mentioned months-inactivity fact. The overall impression of the Forex Fury EA gives me mixed feelings. There are good potential trading results with the straight upward curve movement, but at the same time, there are a few shortcomings that make me think that maybe the developer does not give complete information and understanding of what the Forex Fury robot is actually all about. The robot has a long list of live and demo trading accounts on Myfxbook which is good but still has no backtests and has many things to improve by the developer.
The robot has 0. The Forex Fury EA has got 48 months of live trading as the longest real trading account, which gives it 5 out of 5 stars for this stat. Still, there are no backtests of this robot, so the system gets 0 out of 5 for this stat.
My personal attitude towards the Forex Fury EA is something between good and bad. I am not convinced that the EA is too bad because it can bring profit and has pretty normal trading results, but at the same time, there are many innuendos that make me think about the system in a bad way. So, here it has 2. At the moment of writing this review, the automated rating system of the ForexStore rated Forex Fury EA with 5.
I hope this helps you, traders! I wish you profitable trading and luck on the market! The vendor of this robot is an independent third-party, so the quality guarantees from ForexStore do not apply to this product. This guide shows you how you can use your unlimited demo accounts to test different pairs, times and settings. This method is used by some of our top clients to find great gains, and much of the research completed is directly from our members.
This is a safety measure to avoid the broker being able to stop loss hunt, in order to avoid losses. FAQ Home FAQ. Is it a one time payment? There are NO updates, upsells or extra charges. When do I get the product after buying? Check your email and junk mail for your members area registration link to download Forex Fury.
How often does the EA trade? This depends on the market conditions, and how many pairs you are using. You can see our trading accounts on the front page of the website to measure. Generally, we expect trades per day. I'm getting access denied, what do I do? This is always a TYPO issue. Fury is not trading. WATCH FIRST Please be patient, it is rare but there can be days without trades. Open more demo accounts you have unlimited demo accounts.
READ THIS ENTIRE ARTICLE FOR HELP The most common reason for the EA not to trade: Set MaxSpread to a higher number.
Check your broker spread, if it is above 2. The difference, is your Spread. Set MaxOrders to 1 also in expert properties. Some brokers only allow opening one trade at a time FIFO rules. On smaller accounts, set UseIncreamentalLotSize to FALSE, then set lot size to a smaller amount your broker will allow like.
Access Expert Properties by right clicking on the chart. What pairs can I trade? We recommend traders use 1 pair per account. You can trade any of the majors. Pairs we are having great success in more recent tests ranging pairs : EURCHF EURGBP GBPCAD GBPNZD AUDNZD EURNOK EURSEK NOKSEK EURPLN This is a lot of pairs, but it gives us a lot of opportunity moving forward.
Are there any membership fees? This is a lifetime membership, you get full access. What broker do I use?
The vendor promises a safe and aggressive investment opportunity with this FX EA. This expert advisor is a fully automated system that does not need manual intervention. The two packages differ in the number of live account licenses present.
Free updates, an unlimited number of demo accounts, high-performance settings, and a lifetime membership are features common to the two packages. As per the vendor info, the company has been in service for the past 6 years and is constantly improving its capabilities to achieve higher profitability.
Our evaluation of the features, performance and other characteristics of this EA reveals that it is not worth the price. The absence of a detailed backtesting report and suspicious-looking real trading results are the main reasons.
Some of the main features of this FX robot include compatibility with MT4, MT5, FIFO, and NFA, ECN support, and strategies of high, low, and medium types. The FX robot uses multiple filters for circumventing bad market situations and uses effective money management for sustainable growth as per the vendor. The SET files used are tested for efficacy and this ATS works on any currency pair, crypto, or indices.
Other features mentioned by the vendor include easy installation and compatibility with any MT4 or MT5 broker. Visit Forex Fury. As per the vendor, this FX robot uses a range-based strategy that works effectively in a low volatility condition. The filters added to the settings help in seamless trading under low volatile conditions. Trading occurs one hour a day and for one pair per account to avoid volatility which ensures steady growth, as per the vendor.
A time restriction-based approach is also mentioned by the vendor. A year backtesting report is displayed on the official site. But the link appears to be broken so we could only know about the total gain, drawdown, and pips from the report. The lack of a detailed report raises a red flag for this EA.
Several demos and a few live accounts verified by the myfxbook site are present for this EA. Here is a live real USD account using the AdroFX broker and the leverage of on the Metatrader 4 platform. From the above trading stats, we can see that the total profit gained is The daily and monthly profits are 0. A drawdown of From the trading history, the lot size value is 5.
Compared to the backtesting result, the drawdown in real trading is higher. The big lot size makes us suspect the account is using a risky approach. Although the vendor mentions that only 2 trades per week are executed the low number of trades looks suspicious.
As per the info on the About Us section, Patrick Ryan is the CEO of the company. Other core team members include Joe Damien, head analyst, and Haroon Mir, the head developer. While email addresses are provided for the members, there is no info on their expertise and experience. We could not find details like the location address of the company, phone number, etc.
An online contact form is the only support method available. Save my name, email, and website in this browser for the next time I comment. Forex Expert Advisors Reviews. Is Forex Fury good? Features of Forex Fury Some of the main features of this FX robot include compatibility with MT4, MT5, FIFO, and NFA, ECN support, and strategies of high, low, and medium types.
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Trading involves substantial risk and may result in the loss of your invested/greater that your invested capital, respectively. Live Chat +1 () Trade Shares and Forex with 6/4/ · How Is Forex Fury? The financial advisor Forex Fury has a Consumer Rating of Customers generally find themselves satisfied with purchases of 58 stars out of 92 reviews. 18/10/ · Forex Fury assures a high winning rate with its fully automated EA. But our evaluation of the characteristics reveals several downsides that make it unreliable. The vague 5/5/ · Is Forex Fury Trading EA Available for Free. Of course, no. Forex Fury trading robot comes with a fee attached to take possession of it. The forex fury team offers different plans ... read more
Regulated by the FCA,UK. Check for errors in your experts tab. Hi i saw the question and the answer but you didnt answer the question, license is per account or is per pair? Join Now. I would like this to be more accurate without the range filter. How do i install the software to backtest it? Botcrypto Review: Strengths and Weaknesses of This CryptoCategories Uncategorized. With 1 licence on MT4, can I trade the same Forex Fury on say, the EURUSD, GBPUSD, USDCDN and USDJPY, all at the same time? We have many clients with multiple licenses, but most clients will start with Gold and then upgrade at a later time when they have multiple setups they want to run live. Check your email and junk mail for your members area registration link forex fury not trading download Forex Fury. Because the Forex market does not require a physical exchange center like the stock market, it has become the biggest marketplace in the world, forex fury not trading. I can better set maxorders to 1 and increase the lotsize, which will have the same result. July 6, at pm.