Forex Fury has been a forex trading robot in the market for seven years. Its team of developers and analysts constantly improves the software.
Forex Fury uses a range trading filter to ensure it only opens trades in ranging markets. This can help prevent losing large consecutive trades in volatile markets.
Scalping
Scalping is a strategy that involves trading currencies in real-time to earn profits on exchange rate moves. It is also known as high-frequency trading. This technique allows traders to take positions in currencies quickly, minimizing the risk of swaps.
Scalpers are a type of forex trader who aims to profit between 5 and 10 pips through each position they open. They often trade during the day, using high leverage and quick trades.
It can be difficult to trade a scalping strategy when the market is volatile because you can lose multiple consecutive pips if you don’t pay attention. Forex Fury uses a range trading filter that only opens trades when the currency pair is in ranging market conditions.
This can make it more effective during times of varying market volatility. Nonetheless, it’s important to note that scalping can be challenging to master and may not be suitable for all traders.
News filter
Forex traders need to be well-informed about the latest world events. This information can help them trade successfully and avoid losing their money.
The BETA version of Forex Fury offers an impressive news filter to help you stay abreast of the most important market developments. It also allows you to filter the stories based on specific keywords and sources.
The news filtering feature benefits forex traders because it can help them prevent trading during volatile economic events. However, it’s crucial to remember that this strategy can only filter out a small percentage of news and events that impact currency prices.
Martingale
Martingale is a betting strategy that involves doubling the amount of a losing bet after each loss. It’s a popular strategy among gamblers and investors, but it can be risky to trade.
It’s also possible to experience a long losing streak when you use this strategy. It’s also widespread for traders to run out of money.
This is because the probability of flipping heads in a martingale game is increasing exponentially, and not everyone can afford to double their bets every time they lose.
Forex is a good choice for a Martingale strategy because it’s not a zero-sum game like a stock market. You can often earn interest on your losses, offsetting the doubled loss issue.
The forex fury strategy also has a money management feature that will attempt to recover from a loss by increasing your position size. However, this can be a dangerous technique when done overaggressively.
Money management changes
Forex is a volatile market where political and economic news significantly impact prices. Therefore, traders need to understand the market and analyze its behavior.
A money management system is a crucial factor in trading successfully. It enables traders to keep their accounts profitable even when the markets are volatile.
For this reason, Forex Fury features a foolproof money management system that allows traders to place trades without worrying about the risk of loss.
The robot also has filters preventing traders from entering trades under volatile market conditions. This keeps them from suffering losses and losing their money.
The latest Forex Fury BETA edition includes Money Management Changes to help traders lower their risks, maintain performance, and establish more lucrative positions. The latest version also incorporates a sophisticated trend filter and an aggressive Martingale strategy that can protect a trader’s work and investment in volatile market conditions.
