We’d like you to read a review about a Forex Fury robot.
As we can see from their slider, the robot should work pretty well. It’s its third version.
The presentation is five pages long, but we’ll find everything we need about it.
The robot was introduced in two packages: Gold and Diamond. The first one costs $230 and includes one real account license, unlimited demo accounts to test it, lifetime, and free updates. The second package costs $440 and allows trading on two real accounts.
How it works
Let’s talk about key features:
- The EA trades with up to 100% win-rates.
- It is compatible with NFA and FIFO-regulated broker houses.
- It can be run on MT4 and MT5 platforms.
- Forex Fury consistently receives settings packages for every symbol.
- We can trade on the standard account or on an ECN one.
- There’s a money-management system. We know nothing about it, but probably there’d be Lot Size management, broker protection, and maybe trailing Stop Loss and so on.
- The EA was designed exactly to trade major pairs.
- It can be run on any MT4 or MT5 broker.
- The system has a Filter System that helps us to avoid bad market conditions.
- The package includes videos, guides, and other useful information.
This onsite screenshot is everything we have about strategy testing. The developers didn’t provide any intel about strategies behind the system and explanations of how they work.
There are many myfxbook-verified real and demo accounts.
It’s a real USD account on FXOpen that was created on October 03, 2017. It was funded at $30000 and withdrawn at $6000. Track Record is Not Verified, so there can be some removed parts of trading activity. The absolute three-years gain is +69.76%. An average monthly gain is little (1.44%). The maximum drawdown (41.90%) was in October 2020.
There’s no Profit Factor because all 341 deals were closed with profits. The average profit in pips was 5.53. The robot keeps trades open for up to 12 hours.
The robot trades Shorts twice more frequently than Longs.
As we can see from the daily chart, the robot is a scalper that opens trades only at 11 p.m.
Monday is not a favorite day to trade because of the lack of previous data.
The EA trades with the lowest possible risks.
It uses Hedging in addition to scalping strategy after checking a market condition via the first opened trade for every symbol.
The profit only varies depending on the number of performed trades.
The site includes many positive comments.
Much positive experience people have and share on Forex Peace Army.
Others blame developers for little Stop Loss and Take Profit levels. Of course, there are customers who lost something using the EA.
It’s quite interesting because the developers didn’t have these losses people told them about.
There are several negative posts from a competing company.
With real users, they talk welcome and try to solve their issues asap.
The company uses FXOpen, IC Markets (mostly), TickMill. These accounts are probably ECN ones because the EA doesn’t open trades if spreads are higher than 5 pips.