FXiBot
Trading Software | |
Industry | Financial Services, Forex |
Headquarters | United Arab Emirates |
Services | Forex Automation Robot, Expert Advisor (EA) |
Parent | Avenix Fzco |
Website |
FXiBot is an Expert Advisor (EA) and automated forex robot developed by Avenix Fzco, a financial technology company based in Dubai, United Arab Emirates. It is designed for use with the MetaTrader 4 (MT4) trading terminal. FXiBot is optimized for the GBPUSD currency pair on the M30 timeframe, and employs advanced strategies to deliver consistent trading performance.
Development and optimization
FXiBot was developed by Avenix Fzco as an Expert Advisor (EA) designed for the MetaTrader 4 (MT4) trading platform. The EA was created to optimize trading strategies for the GBPUSD currency pair, focusing on the M30 timeframe. Its development involved extensive testing and fine-tuning, using data from 2016 to the present to ensure adaptability to various market conditions. FXiBot is powered by 100% quality tick data sourced from DukasCopy and processed through the Tick Data Suite by Thinkberry SRL, ensuring precise market analysis. The EA’s performance was further validated through testing on the MT4 Strategy Tester, refining its capabilities for consistent and reliable trading.
Features
- Advanced Price Action Strategy: FXiBot identifies market pullbacks and confirms trading opportunities using multiple indicators, including Relative Strength Index (RSI), Fractals, Moving Averages, and Momentum.
- Fixed Take Profit and Stop Loss: Trades executed by FXiBot employ a fixed risk-reward structure, with Take Profit (TP) set at twice the Stop Loss (SL), ensuring a balanced approach to risk management.
- Single Open Order: FXiBot limits exposure by allowing only one active trade at a time, reducing risk while capitalizing on profitable opportunities.
- Auto-Lot Scaling: the EA automatically adjusts the lot size based on account balance, promoting capital growth without manual intervention.
- Risk Management Tools: FXiBot features advanced risk management functions such as trailing stops to secure gains, global stop loss for drawdown management, and spread/slippage filters for optimal trade execution.
- Data-Driven Performance: FXiBot utilizes 100% quality tick data and is rigorously tested using the MT4 Strategy Tester for consistent and reliable results.
- Minimum Capital Requirement: Requires an initial deposit of 10,000 USD to ensure sufficient trading margin and stability.
- User-Friendly Interface: the EA is designed to accommodate traders of all experience levels. It offers an intuitive setup process and customizable parameters for risk and strategy adjustment.
About Avenix Fzco
Avenix Fzco is a financial technology company based in Dubai, United Arab Emirates. The company is known for developing advanced automed forex trading software that helps traders with automated lot sizing, strategy execution, and risk management. The company’s software products serve as trading tools that integrate analytical and technical indicators for foreign exchange trading. Over the years, Avenix Fzco has designed and developed a suite of advanced forex robots for the MetaTrader 4 and 5 platforms, including ForexRova, Forexeko, Pivozon, Pivlex, Majestic EA, Trendonex, Botogon, and others.