I actually haven't been using Forex Fury V3 much, just because I've been so busy with other things in my life. With Covid I thought I would be working less, but that's certainly not the case as I'm working a ton, which cut into my trading hobby. Now that we got the intro out of the way though, lets give in to this new version.
Forex fury v4 review
My early thoughts on v4
There are a bunch of new features, and I've already been testing them all out for a couple of weeks.
MY FAVORITE FEATURE
Through my first two weeks with the new features, my favorite new feature is the Dynamic Retrace function. This is a new type of stop loss that can be used instead of the default stop loss or the trailing stop loss. The feature will automatically disable the stop loss and use a retrace instead. You will set a retrace number, something like 300, and if this number gets hit, the take profit will be adjusted to 50 pips below this number, or exits at double the 50 pip number. I find this a great feature for people that want to run really high stop losses and attempt to get a 100% win rate trading account.
MY LEAST FAVORITE FEATURE
The feature I don't really care for at all is the longs or shorts feature. I really don't see the point in trading only longs or only shorts. Maybe someone else has a strategy this would work with, but I've always had a lot of success using Forex Fury with both types of trades. So, for someone like me all this does is limit the amount of trades I would be getting. Which with a system like Forex Fury that already trades a limited time window seems like it's almost too passive. I guess for some people that are incredibly risk averse it can be a helpful function, but at this point in my time it's my least favorite feature.
2021 forex fury performance numbers
It's been a long time since I wrote about Forex Fury, and I don't know the next time I'll be updating this blog, but feel free to check back from time to time.
Maybe I'll throw up some of my trading accounts, show you what I'm working with in a couple months.
Either way, I'll be making pips, and I hope that you are too.