Avenix Fzco, a fintech startup with its headquarters in Dubai, just unveiled Fexobot. This cutting-edge Expert Advisor is intended to completely transform gold trading on the MetaTrader 4 platform. Over a long time, from 2016 to the present, this sophisticated forex robot has been carefully adjusted and optimized to produce outstanding results in a range of market situations.
With system tabs like Optimization Results, Optimization Graph, Graph, Results, Report, Settings, and Journal, Fexobot provides an intuitive interface. These functions let users configure the software for success and comprehend their trade movements with ease. Fexobot users can select their Symbol (Gold – XAUUSD), Model, time period (such as the H4 timeframe), tick data settings, and Symbol properties at the start of every session.
Using 100% high-quality tick data from Tick Data Suite, run by Thinkberry SRL, Fexobot guarantees the highest degree of accuracy and dependability. Because of this extensive dataset, the EA can make well-informed trading decisions based on up-to-the-minute market changes, increasing its robustness and efficacy. Tick Data Suite can be set up by traders using options such as Spread, Slippage, Advanced, Expert, and Margin.
Among its main areas of usefulness is its Intelligent Trend Identification, which precisely detects trend directions in the gold market by using a complex combination of indicators such as Moving Averages, Momentum, and Fractals. These indicators include Momentum Period, Price, and Level; Fractal Candles; and MA Period, Shift, Distance, Mode, and Price.
Furthermore, Fexobot offers Dynamic Support and Resistance Levels, which dynamically find important levels of support and resistance. When these levels are found, it strategically places BUY STOP or SELL STOP orders, guaranteeing prompt execution when market conditions favor the user.
When triggered, the Smart Position Management system of the forex robot proactively adds more deals in the trend direction, maximizing profit potential and reducing risk. Fexobot’s Risk Management function also assigns Stop Loss and Take Profit levels to every trade, protecting the user’s account from negative market swings.
Fexobot’s Customizable Money Management Options allow users to tailor the EA to fit their particular risk tolerance and trading style. Users of the forex robot can modify Lots by size and type, among many other crucial money management options. Insightful data, such as Profit Trades, Consecutive Wins, Consecutive Profits, Gross Profit, Expected Payoff, Maximal Drawdown, and more, are all provided by the Report tab. Complete loss statistics are also available, including Loss Trade and Relative Drawdown. By offering these customizable features and thorough reporting, Fexobot ensures that traders can make informed decisions and tailor their trading plans to meet their specific requirements.
Unlike other expert advisors, Fexobot relies on sophisticated algorithms and sound trading principles to provide steady and long-lasting results, rather than employing the risky techniques of Grid or Martingale.
Fexobot was developed by Avenix Fzco to offer risk management, precision trading, an intuitive interface, and round-the-clock assistance from a committed staff. This ensures a seamless and easy trading experience for both experienced traders and novices in the gold trading market.
About Avenix Fzco
The forward-thinking company Avenix Fzco specializes in creating all-inclusive trading software for forex traders. Among its offerings are forex robots like Fexobot, designed to enhance traders’ confidence and accuracy while navigating the market, making trading a more enjoyable experience. For more information, check out Fexobot at the following link.
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