Forex Fury is one of the best automated trading bots dedicated to beginners and seasoned traders. Whether you are engaged with a job or a full-time business, it gives you a chance to trade in a low-risk environment.
I started using this 100% automated trading robot around three years after discovering the advantages of automation since I have a full-time job. It offers a 93 percent win ratio and does not require investing a huge amount of money in getting started.
This trading bot is compatible with different platforms, such as MT4, MT5, FIFO, and NFA. Since the default setting is already optimized, new users only need to install it and use it right away. It is an ideal trading companion for those who have confined investment and limited risk-taking potential. It also uses a low-risk strategy that provides less than 20 percent drawdowns.
Unlike other forex trading bots that only work on one or two currency pairs, this one works with multiple currency pairs. In return, I have better trading opportunities. What’s more, it comes with regular updates and different versions.
Forex Fury V3 is an excellent step for me, while V4 was even more excellent. However, I believe that the V5 is the best one so far as it helps me find ways to be more profitable. When I heard the news that V5 would soon arrive, i got so excited. Now, I am delighted with the results and hoping for more opportunities to come.
If you are curious about Forex Fury V5 (https://forexrobotnation.com/forex-fury/), keep reading and learn more!
What’s in Forex Fury V5
I used to think that V4 was the biggest leap in the trading technology I have seen in many years regarding Forex Fury. However, the introduction of V5 changed my mind. I appreciate how the Forex Fury development team constantly updates the software to keep the entire trading experience less risky.
So, here are the fantastic additions to Forex Fury’s latest version:
Martingale Strategy Adjustments
Let’s start with the martingale strategy. This feature can be enabled or disabled and is designed to help traders recover losses as quickly as possible. Even if my accounts have rarely been lost, and when they do, those losses are significant.
That scenario is annoying because it takes a week before I can recover from those losses. Now that the martingale strategy has gone better, I expect to recover much faster. It increases your trade size after a loss to recover faster. This feature is an excellent addition to the software due to the high win rate. However, if you are not comfortable using it, you can disable it at any time.
Removal of Reversal Strategy
With a reversal strategy, traders can do the opposite of the original strategy. This feature is beneficial for traders who have optimized a great short. If you think Forex Fury works better at trading opposite the original logic, you can turn this on. This feature is also practical; if you find the strategy in all of the testing always loses, you can reverse it with ease.
However, many traders find the reversal strategy not helpful. That is why it is removed in V5. I do not use that feature, so removing it in the new version will not impact my strategy.
News Filter
If you want to prevent trading on dangerous or unfavorable market hours, you can rely on the news filter. Forex Fury V5 allows you to set up a new filter to make you feel that your accounts are always safe regardless of the market condition. I find this feature easy to use, and while I am trading real money, I have nothing to worry about volatility.
Trend Filter
Now, let’s go to the trend filter. This feature helps the trading robot trade in trending conditions. I add a customizable slow and fast moving average to trade on that condition. Trend filter also assists traders in making money when they buy during the uptrend formation and then sell when the uptrend peaks. You are on the right track as long as you can define the trend with this feature.
Money Management Adjustments
The money management feature helps traders ensure sustainable growth. It also promotes stable trading performance. The adjustments that happened in the V5 give beginners and seasoned traders more confidence trading in a low-risk environment. They can experience substantial returns without the need to risk their investments.
Additionally, I can change this feature based on my account size percentage – not SL and account size.
Enable SL/TP
Another addition that I noticed in the V5 is the ability to enable the SL/TP. That way, it is not hidden from the broker.
Trading Results, So Far
I appreciate that Forex Fury developers finally added several live trading accounts and even plan to add more over time.
My account has shown an impressive 39 percent gain in the first month of V5 testing when it comes to the trading results. During that month, the software has placed 136 trades alongside an average length of over 11 hours and a 99 percent win rate.
These results are what I have expected to see from the latest version. It quickly adapts to the current conditions, and I see no problem with the overall performance so far. It is safe to say that software trades accurately with releasing the V5.
Final Thoughts
Giving Forex Fury V5 a shot is an excellent decision when planning to upscale your forex trading practices. It comes with some changes or additions that will help your trading performances and results get better. Since some of these new features give you the freedom to enable or disable them, you have the freedom to decide if they match your trading approach or not.
I am satisfied with the trading results so far, and I look forward to more opportunities. If you still have not downloaded this version, do not hesitate to do so. Visit the members’ area and download the free V5 update. Then, start testing. Enjoy!