[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024]
Avenix Fzco, a fintech company based in Dubai, UAE, has recently unveiled its forex robot software, Fexobot. This advanced Expert Advisor is set to revolutionize gold trading on the MetaTrader 4 platform, specifically designed for the H4 timeframe. From 2016 until the present, Fexobot has been thoroughly adjusted and optimized to produce favorable results in a variety of market situations.
Fexobot offers users a suite of features, including multiple tabs within the software; Optimization Results, Optimization Graph, Graph, Results, Report, Settings, and Journal. These tabs provide users with valuable insights into their trade movements and enable them to set up the software for potentially optimal performance. The setup process is user-friendly, allowing traders to choose their Symbol (Gold – XAUUSD), Model, time period (like H4 timeframe), and adjust tick data settings and Symbol properties.
Using high-quality tick data from Tick Data Suite, run by Thinkberry SRL, Fexobot allows high degree of accuracy and dependability. This extensive database increases the effectiveness of the forex robot by enabling it to make well-informed trading decisions based on pinpoint market movements. Users can configure their tick data suite to a range of different settings, including Spread, Slippage, Advanced, Expert, and Margin.
One of the key features of Fexobot is its Intelligent Trend Identification capability. The forex robot utilizes an array of indicators, such as Moving Averages, Momentum, and Fractals, to accurately identify trend directions in the gold market. These indicators include MA Period, Shift, Distance, Mode, and Price, as well as Momentum Period, Price, and Level, and Fractal Candles.
Fexobot also has Dynamic Support and Resistance Levels, which dynamically identify crucial support and resistance levels and strategically place BUY STOP or SELL STOP orders when these levels are identified. This allows timely execution when market conditions potentially align in the user’s favor. Additionally, the forex robot employs Smart Position Management, adding more deals in the trend direction when triggered, allowing potential profit while possibly minimizing risk.
Risk management is a top priority for Fexobot, with all trades equipped with Stop Loss and Take Profit levels to safeguard users’ accounts against adverse market movements. Users can utilize BreakEven, indicator-based SL, close opposite when a new signal appears, and modify settings by distance. Traders can also specify the starting point. The Trailing Stop Function allows users to tell the bot when to start and stop and also indicate distance points.
Notably, Fexobot operates without the risky strategies of Martingale or Grid, relying on trading principles and advanced algorithms to deliver consistent and sustainable results. The forex robot also offers customizable Money Management Options, allowing users to tailor the EA to their specific trading preferences and risk tolerance through a plethora of essential money management options in the EA settings. Users can adjust Lots by size and type, and the Report tab provides users with valuable statistics, such as Gross Profit, Expected Payoff, Maximal Drawdown, Profit Trades, Consecutive Wins, Consecutive Profits, as well as many other statistics pertaining to losses (Relative Drawdown and Loss Trade).
Fexobot offers precision trading, risk control, a user-friendly interface, and around-the-clock support from a dedicated team to ensure a smooth and seamless trading experience for both seasoned traders and newcomers to forex trading.
About Avenix Fzco
Avenix Fzco, a forex software situated in Dubai, UAE, is at the forefront of designing modern trading solutions for forex aficionados. The company’s breakthrough offerings, such as Fexobot, seek to reinvent trading practices by providing precise strategy execution, robust risk control, and a list of other useful features. By addressing the primary challenges that today’s traders’ face, Avenix Fzco instills greater precision and assurance in market navigation. Users can learn more about Fexobot by Avenix Fzco, on https://fexobot.com/.
