Forexeko
| Trading Software | |
| Industry | Financial Services, Forex |
| Headquarters | United Arab Emirates |
| Services | Forex Automation Robot, Expert Advisor (EA) |
| Parent | Avenix Fzco |
| Website |
Forexeko is an advanced expert advisor (EA) developed by Avenix Fzco, a fintech company based in Dubai, United Arab Emirates. It is designed for the MetaTrader 4 (MT4) platform for trading the XAUUSD pair on the M30 timeframe. Forexeko utilizes a combination of price action, built-in indicators, and comprehensive market analysis to optimize trading performance.
About Avenix Fzco
Avenix Fzco is a financial technology company based in Dubai, United Arab Emirates. The company specializes in developing advanced software for forex trading, with a focus on precision, risk management, and functionality. Avenix Fzco aims to provide traders with sophisticated tools that help them navigate the complexities of the forex market. Avenix Fzco has introduced several innovative trading tools, including ForexRova, Pivozon, Pivlex, Botogon, and others, all designed to take forex trading to new heights.
The Forexeko Advantage
Forexeko utilizes a sophisticated trading strategy that incorporates price action analysis, built-in indicators, and candlestick pattern recognition to make informed trading decisions. This forex robot is optimized to provide consistent performance while minimizing risks.
Forexeko is user-friendly, making it suitable for both novice and experienced traders. The EA's sophisticated strategy and risk management features aim to deliver consistent profits while safeguarding capital.
Forexeko Strategy
Trading Strategy
Forexeko employs a comprehensive trading strategy that includes the following:
- Price Action: Analyzes market movements to determine trends.
- Built-in indicators: Moving averages and oscillators are used to identify optimal entry points and prevent overbought or oversold conditions.
- Candlestick Patterns: Recognizes patterns that indicate market sentiment and potential reversals.
Risk Management
Forexeko incorporates robust risk management features:
- Stop Loss and Take Profit: Every trade has a predefined exit strategy.
- Global Stop Levels: Provide an additional layer of protection against significant market movements.
Optimization and performance
Forexeko has been optimized using high-quality tick data from 2016 to the present, provided by Thinkberry SRL through their Tick Data Suite tool. This optimization focuses on low drawdown and high profitability.