Forex Fury Version 2 Update
3 Ways To Profit BIG With Forex Robot Nation
May 8, 2019
Forex Fury Not Trading
September 17, 2019
It’s an exciting day, because it’s the first Major Update we’ve released in over 2 years. While we update the software frequently via the DLL with minor market tweaks to ensure that we stay ahead of the market. This new update, provides some major contributions to help traders win more trades, and get more pips per win.
How to Install V2?
The installation process is simple. You don’t even have to delete V1 if you don’t like. The update is now available in the members area.
Just copy and paste the ForexFuryV2 ex4 file into your experts folder, refresh it, or restart your platform and you can start putting it on your charts. You do not need to reinstall the DLL.
One main difference with this version is that you can choose to use MT4 or MT5. So pick whichever platform you prefer. Most will still prefer MT4, but we wanted to provide the new version so that our software is more compatible and accessible to the community.
What are the Main Additions in the Update?
There are three main additions to Forex Fury in the latest update. All of which are perfectly compatible with recently released Forex Fury Success Guide. We will break these down for you now so you know what to expect.
1. Trailing Stop
This is arguably the main addition to the software. Many of our clients have been asking for it a long time, and so we decided to put our coding team to work on it.
The purpose of the trailing stop, is to let trades breathe by readjusting the stop loss as the trade moves. So, instead of hitting the usual TP at 5, the EA will try to win as many pips as possible, and if it starts to go against us, then the SL will be hit.
So how do you use it?
You will want to set your TP much higher, as the trailing SL will handle it.
The current default setting will work like this:
- If trailing stop is active it will look to secure 3 pips.
- Once it hits 3, it will set the SL at 0, and let the trade continue on.
- If the trade goes back to 0 pips, it closes out at 0 pips.
- If the trade continues to 4 pips, then it will set the SL at 1 pips.
- If the trade continues to 5 pips, then it will set the SL at 2 pips.
- It will keep doing this, and secure as much profit as possible.
- If the trade runs in the right direction for an extended period, this will lock in large wins.
You can set the parameters however you like, if you want the trades to stay short at 5 pips, you can still do this, but it won’t give the trail much room to breathe. So feel free to play with it, and find the setting you most prefer.
We will throw some tests up / settings as well so stay on the lookout for those.
Parameters
Start: The start point for first trail.
Step: The distance between price and SL after first trail. so after first trail there must be X pips to apply the next trail.
Stop: The SL distance after each trail.
As everyone gets more acclimatized to V2, there will be trailing stop setting suggestions, and tests moving forward.
2. MT5 Compatibility
The second most important aspect of this major update is that we now provide a fully functional MT5 version of the Forex Fury software. This makes the product more accessible, and available to clients that prefer Metatrader 5 over Metatrader 4.
3. Market Updates
As is the case with any Forex Fury updates, we make sure to do market analysis so that our software can continue to perform in all conditions. We have spent many hours working on new pairs, and you will see many of these included in our trading results in the coming months.
Conclusion
Thank you for your continued support. We will keep updating Forex Fury and ensuring that you have a robot that you can rely on for years to come. We are dedicated to this project, and making it as positive an experience for as many clients as we can.
Can’t wait to see everyone’s winning trades!
38 Comments
So from the above, do you means I can run the robot in MT5? because I want to backtest the robot in MT5 which is more accurate than MT4.
MT5?
Yes, you can use in MT4 & MT5. We have both versions available in the members area.
HOW LARGE OF AN ACCOUNT DO YOU RECOMMEND, ONCE I AM COMFORTABLE WITH PROGRAM. i WANT TO USE AS LARGE OF AN ACCOUNT AS WORKS WELL.
THANKS
BELDEN
Hi W D Belden, this really comes down to personal preference.
I would like to know whether I can trade multiple pairs with this EA? And what’s the broker you guys recommend me to start up with? Currently I am trading with the broker Exness, will it be fine?
Thank you
Hi Shan, we run 1 pair per account. You can use your current broker, just start on demo to get comfortable with them and our software.
Is it complicated to install and adjust? Is there a special person for debugging? Or can I follow the installation tutorial in advance?
Hi, it is not. We have clients of all skill levels using our software.
Hello , my account Is not Authorized , access denied . what can I do Admin
best regards
Simply follow the authentication video in the members area, it always resolves this error.
I have installed the forex fury about a day with it’s default setup and still didn’t see any trade placed. Can someone guide me as to how to fix this. Also, does my computer has to be on all night for this EA to take trades? How can i set the forex fury for it to automatically take trades without having to be awake or leave my PC turned on all night?
Hi David, a day without a trade is very normal. You can see this in all our trading accounts on our website. You can get a VPS if you don’t want to leave your computer on. Though, computers are built to be on 24/7, so there’s really no reason to turn a computer off in 2019.
I am new here. I already set up the GBPUSD 15m chart.
1. if I change from tru to false, max spread etc, I will be thrown back to ACCESS DENIED.
2. once I set up the GBPUSD 15M chart, will it work to all pairs? or shall I again make another pair then drag Forex fury?
Hi Alan, please go to the authentication page in the members area and watch the video, it will resolve the issue. We trade 1 pair per account, and run multiple instances of MT4.
Dears,
Is there any difference in version 2 in the entry strategy or the same as version 1 ?
The entry strategy is very similar to V1. We wouldn’t totally reconstruct a core part of our strategy when it’s been working well for years.
ADMIN
PLEASE MY ROBOT AS NOT BEEN TRADING SINCE I BROUGTH THE ROBOT AND HAVE BEEN SENDING MESSAGE BUT NO RESPONSE , HAVE DONE ALL THE SETTINGS THAT WAS GIVEN TO ME BUT THE ROBOT IS NOT TRADING PLEASE HELP ME OUT
Nweke, we responded to all of your emails, try checking your junk mail. The issue is that you have not set increamentallotsize to false, and set your own lot size. You have also increased the TP drastically, which is okay, but you should look into testing more than one setup if you are going to make such drastic changes.
It is also recommended that you understand how often the EA trades by watching our accounts, and reading our about us page. By default, we set the software to open trades 4-5PM EST each day, so patience is necessary and running multiple accounts is a great way to help too.
hello everybody… I bought the forex fury on Sunday and it has not made any trade… I would like to know what it going on…
Hi Alfredo, please follow the FAQ / email support for help. Provide full details / information in your request. It’s usually just a spread issue.
Robert
My Broker GMT Offset is GMT+3.
Is there any adjustment to the settings on Forex Fury for it to start making trades on my account?
I have not seen any trades from Forex Fury on my trading account.
I am curious if it is best to turn the EA off around news events or if the “max spread” feature is suppose to deal with that?
The Max Spread will help with that greatly. I recommend testing and seeing your preference.
Can you please tell me if i can download on my android phone and use
A computer or VPS is required to run MT4 or MT5.
I don’t see any documentation on your website regarding “Wait 48-72 hours for trades” (displayed inside the MT4/MT5 window). Could you please elaborate on that?
Hi Michael, this is an on chart printout. The purpose of this is to get less emails from clients asking “why hasn’t this traded yet.”
What leverage should we set the account?
Hi, are you going to release any setting for trailing stop?
We are testing the feature. When we find something worthwhile, we will report it.
Why someone with just one broker account whould need diamond plan? Can’t use EA on multiple charts? Or will be better to run it on different mt4 instances?
Can run on multiple charts Daniel. We just have many clients that want to run multiple setups. Once you start running a bunch of demo accounts you will see that you will want to take a few of them live.
Hello,
please tell me how I can download Fury v2
many thanks
Viktor Pall
Hi Viktor, go to the members area, download it, install it the same way you installed V1.
I was previously using Forex Fury 1.1 without any issues. I had decided to change to a commission account (tighter spreads) and I authenticated the new account. At the same time I downloaded Forex Fury 2.1 and installed to the new account.
The EA seems to be all correct but it does flash once in a while “Access Denied, please close chart and authenticate again” or similar along those lines (it flashes so quick I can’t read the entire message). Otherwise, during the other times it seems to be ok. I thought it was a problem with 2.1 so I switched back to 1.1 and I get the same message flashing randomly. The EA has not initiated any trades which is quite rare as I have 2 pairs active.
I believe this could be an authentification issue, could you please check which MT4 account is authenticated. It should be the account starting with 7******* (new account).
If it’s flashing quickly like this it can be ignored, it won’t cause any issues. There are some clients with specific platforms where this happens, but it doesn’t impact trading at all.
Great to have trailing stop and i commend the effort of the team, however it would also be lovely if we could have hedging as part of this great software ad this will give more chance to to traders to utilise the software more efficiently either by trailing the SL or hedge as the trader wish
I don’t see how hedging would have a positive impact on our current strategy. You are welcome to explain how you believe it would work with our approach.