Trade Fury

MegaTrade Systems presents Trade Fury, a next generation multi-strategy expert advisor implementing a very unique approach in scanning the market, identifying and auto executing the most reliable trading setups of all time. Trade Fury has been in development for over 2.5 years with most features vigorously tested on both demo and live trading environments. The EA features four distinct trading strategies where each strategy includes various algorithms for identifying and executing the particular trade setup. Trade Fury automatically adapts to high volatility and will adjust the configured trade setup parameters in real-time when a trade signal is identified. Trade Fury can be configured to scalp the lower time frames and/or to be more patient and trade intra-day/swing setups on the higher time frames. Trade Fury and its algorithms share common parameters reducing complexity and optimization time.

Note: Trade Fury is prop firm friendly and can be configured to abide to any prop firm rule set.

Update 2.0 - A brand new recovery grid system has been implemented to recover from trades in draw down, resulting in less overall losses and more consistent trading performance and equity growth curve. This feature is optional though and the grid is highly configurable to adapt to the price range and volatility of different instruments. 

Main features:

1) RSI & patterns - Trade Fury will scan for and identify various candlestick patterns around key over bought/sold price levels and execute a trade when the entry criteria and trade filters align. Pattern recognition includes doji, shooting star, hammer (John Wick), engulfing as well as divergence patterns indicating a potential reversal in price direction as price gets weak and momentum is increasing.   

2) Trend - Trade Fury can be configured to trade the pullbacks of bullish or bearish trend patterns and will attempt to trade the continuation of the prevailing trend. The trend algorithm can also be configured to trade trend reversals by detecting when momentum slows and the trend is about to change.

3) Support & resistance - Trade Fury is programmed to trade support and resistance via 3 different approaches. 1) Static: This is the traditional approach where the trader would normally identify the levels by looking at a certain high or low and identify multiple touches or rejections from those levels. 2) Dynamic: This approach is very unique in which Trade Fury will analyze trading volume and compare it to the current price constantly and dynamically identifying levels as price and volume changes. The EA can then be configured to setup and trade these dynamic support and resistance levels based on the deviation from the identified average price 'VWAP' 3) Liquidity: Trade Fury will trade the sweeps of liquidity based on the key price levels available to select from.

4) Breakouts - Trade Fury excels in identification and execution of the various different breakout strategies which includes: 1) Static range breakouts: Trade Fury will identify static levels of support & resistance and trade when a breakout out of those levels is identified. 2) Dynamic range breakouts: The EA will identify ranging markets and based on configured settings will draw ranges dynamically and trade the breakouts out of those low volume ranges when volume increases and a new trend is about to develop. 3) Time based range breakouts: This feature is potentially the most lucrative approach in trading breakouts after a specific time has elapsed, and a new market is about to open brining along a lot of market volatility. Time based breakouts can be configured to for example trade 'ORB' (Opening range breakout) strategies to perfection. 

Global features:  

Recommendations:

• Instrument: Any trading instrument. We advise configuring each strategy in a portfolio to trade a different instrument to diversify the trading account portfolio. Suggested pairs for a portfolio would be for example EURUSD/USDJPY/AUDCAD/GOLD/NASDAQ 
• Time frame: M5 (Can be configured to trade any time frame via 'Trade setup' of the EA settings)
• Minimum deposit: $100
• Account type: Any account type
• Broker: Any broker/prop firm 

Disclaimer: Although we are committed to ensure that all our algorithms stay up to date and optimized for current market conditions, please note that past performance does not guarantee future success. Always test an EA using a demo account before applying to a live account.