The Forex Fury EA works best during ranging market conditions. It uses an ADX indicator to determine these conditions. This feature can help traders avoid losing money during trending market conditions. In addition, Forex Fury has a range filter, which reduces the frequency of trades in these conditions.
The Forex Fury strategy is designed to trade in ranging and consolidating markets. This is because it uses a scalping strategy that only opens trades during times when the market is consolidating or ranging. The downside is that this type of trading strategy can lead to multiple large losses in a row.
The Forex Fury EA offers a variety of features and is compatible with many trading platforms, including MetaTrader 4. It also supports ECN and fail-safe money management systems. It also provides a variety of filters to help users avoid losing money in unfavorable market conditions. Its support team is friendly and always available to help.
In addition to trading strategies, Forex fury also provides access to educational materials. It teaches its members how to analyze charts and make trades in the Forex market. For this purpose, it uses a combination of technical and fundamental analysis to provide its subscribers with actionable trade signals.