Dubai’s Avenix Fzco Launches Forexigo: A New Forex Robot for Algorithmic Trading

Forexigo, developed by Dubai-based fintech firm Avenix Fzco, is set to transform the way traders engage in the Gold and GBPUSD markets. This cutting-edge program improves the trading experience for both inexperienced and seasoned traders by integrating highly developed algorithms, accurate market research, and strategic trading methodologies.

Forexigo’s Technical Specs

Sophisticated Market Scanning

In order to successfully analyze price movement and indication signs, Forexigo uses a multi-pronged strategy based on powerful algorithms. With the use of price movement and built-in indicators like Moving Averages, the forex robot efficiently analyzes the market to discern broad trends. In order to prevent trading in overbought or oversold circumstances, it uses oscillator confirmation. Additionally, it eliminates unusual candle patterns to concentrate on setups with a high possibility of success.

Precision Trade Entry

One of Forexigo’s standout features is its ability to recognize candlestick patterns, specifically bullish and bearish engulfing patterns. This capability ensures high-accuracy trade entries after multiple confirmations. The forex robot strategically enters BUY positions on bullish engulfing patterns and SELL positions on bearish engulfing patterns, but only after rigorous checks have been performed.

Robust Risk Management

Forexigo prioritizes trader safety through its comprehensive risk management system. Every order is protected with a Stop Loss and set for higher potential profits. On Gold trades, the Take Profit is set at 1.5 times the Stop Loss, while GBPUSD trades maintain a balanced 1:1 ratio. The forex robot also limits market exposure by allowing a single open order on Gold and up to four on GBPUSD.

Enhanced Security Measures

To provide an extra layer of protection, Forexigo incorporates built-in global stop levels. These security measures safeguard traders’ capital from unexpected market movements, ensuring a more stable trading experience.

Dual Asset Optimization

Forexigo is meticulously optimized to trade both XAUUSD (Gold) and GBPUSD on the m30 timeframe. This versatility allows traders to switch between assets based on market conditions or specific trading strategies, offering flexibility in their trading approach.

Innovation and Expertise

The team behind Forexigo comprises seasoned professionals with extensive experience in financial markets and algorithmic trading. They leverage the latest advancements in technology to continuously innovate and refine strategies, ensuring that the forex robot remains at the cutting edge of trading technology.

Optimization Excellence

Forexigo’s performance is based on high-quality tick data since 2016, thanks to its optimization partner, Think berry SRL. This collaboration ensures the most accurate and reliable performance, utilizing the best tools available for forex robot optimization.

Commitment to Trader Success

Avenix Fzco demonstrates a strong commitment to trader success through Forexigo. The company provides comprehensive documentation, timely updates, and responsive customer service to address any queries or concerns. This robust support system ensures that traders can maximize the potential of the forex robot and navigate the complexities of the forex market with confidence.

About Avenix Fzco

Dubai, United Arab Emirates is home to innovative fintech company Avenix Fzco, whose focus is on creating cutting-edge software for FX traders. The goal of the organization is to provide traders with high-tech resources that put an emphasis on precision, safety, and intelligent features. Avenix Fzco has introduced various innovative forex robots compatible with the Meta Trader 4 (MT4) platform, including their latest offering, Forexigo. With a focus on empowering global traders through cutting-edge tools and a nurturing community, Avenix Fzco continues to drive innovation in the fintech sector. To learn more about Forexigo and explore its capabilities, interested traders are encouraged to visit the official website.

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