Forexigo
 | |
| Trading Software | |
| Industry | Financial Services, Forex |
| Headquarters | United Arab Emirates |
| Services | Forex Automation Robot, Expert Advisor (EA) |
| Parent | Avenix Fzco |
| Website | |
Forexigo is an Expert Advisor (EA) and forex robot designed by Avenix Fzco, a financial technology firm based in Dubai, UAE. The EA is designed for trading on the MetaTarder 4 (MT4) platform and specializes in the Gold (XAU/USD) and GBP/USD markets. Forexigo employs advanced algorithms, market analysis, and trading techniques to enhance the trading experience.[1] It operates on the M 30 timeframe for Gold and GBP/USD.[2]
Features
- Sophisticated Market Scanning: Forexigo is adept at conducting in-depth market analysis to generate quality market insights.
- Trend Identification: Forexigo uses price action and built-in indicators, such as moving averages, to determine market trends.
- Oscillator Confirmation: The EA ensures that trades are not placed in overbought or oversold conditions by assessing the market conditions using an oscillator.
- Exotic Candle Filtering: Forexigo is known for its ability to filter exotic candlestick patterns to avoid false signals, with a focus on high-probability setups.
- Precision Trade Entry: Forexigo is adept at identifying bullish and bearish engulfing candlestick patterns. This guarantees that entries will be executed after multiple confirmations. During the bullish engulfing patterns, the EA enters BUY positions and SELL positions during the bearish engulfing patterns.
- Robust Risk Management: To ensure trader safety, Forexigo employs a comprehensive risk management system. Each trade executed by the EA is protected with Stop Loss and Take Profit levels, thereby enhancing the trader’s profit potential. For the Gold trades, Forexigo sets the Take Profit level at 1.5 times the Stop Loss, and for the GBP/USD, Forexigo maintains a 1:1 ratio.
- Enhanced Security Measures: Forexigo provides additional layers of protection by integrating global stop levels to safeguard traders from unexpected market fluctuations.
- Dual Asset Optimization: Forexigo is optimized for trading both XAU/USD (Gold) and GBP/USD on the m30 time frame. It features specialized settings for seamless asset switching based on market conditions or specific trading strategies.
- Flexible Trading Limits: Forexigo manages exposure by limiting the number of concurrent open orders. It allows for a single open order on gold and up to four on GBPUSD.
- Innovation and Expertise: Forexigo is developed by a team of professionals with extensive experience in financial markets and algorithmic trading. The team leverages technological advancements to continually innovate and refine trading strategies.
- Optimization Excellence: Since 2016, Forexigo has been optimized using high-quality tick data provided by Thinkberry SRL and its Tick Data Suite. This process ensures accurate and reliable performance.
- Commitment to Trader Success: Forexigo demonstrates its dedication to trader success by providing comprehensive documentation, timely updates, and responsive customer support. This commitment ensures that traders can effectively utilize the EA and navigate market complexities with confidence.
About Avenix Fzco
Avenix Fzco is a fintech firm based in Dubai, UAE. The company focuses on developing advanced software for forex trading, emphasizing accuracy, risk management, and functionality. Avenix Fzco is known for its innovative forex robots compatible with MT4, which offer live market insights and robust analytical capabilities. The company is committed to evolving its software to adapt to market changes and offers ongoing support and updates to ensure optimal performance.[3]
Avenix Fzco has introduced several cutting-edge forex robots, each designed to meet specific trading needs and adapt to current market dynamics. Avenix Fzco offers a variety of forex robots, such as Majestic EA, Reversedo, ForexRova, Forexeko, Pivozon, Pivlex, Litepips, Orexbot, Forexiro, Rushpips, Forexobot, Forexduo, Avexbot, Botogon, Gigapips, and FXProBot, among others.[4]
Beyond software development, Avenix Fzco fosters a collaborative trading environment. The company assists traders with installation, setup, and any technical issues, ensuring a seamless trading experience. It also encourages knowledge exchange and skill development within the trading community.[5]
References
- ↑ "Forexigo: Avenix Fzco's Advanced Solution for Gold and GBPUSD Trading". NewsBTC. Retrieved 13 September 2024.
- ↑ "Dubai's Avenix Fzco Launches Forexigo: A New Forex Robot for Algorithmic Trading". livemint.com. Retrieved 13 September 2024.
- ↑ Trends, Market (2 August 2024). "Forexigo: Avenix Fzco's Answer to Combating the Volatile Forex Market". Analytics Insight. Retrieved 13 September 2024.
- ↑ Torongo, Pauline (18 July 2024). "Avenix Fzco Releases Forexigo: Bridging the Gap between AI and Forex Trading". The South African. Retrieved 13 September 2024.
- ↑ "Algorithmic Forex Trading Gets an Upgrade with Avenix Fzco's Forexigo". www.iplocation.net. Retrieved 13 September 2024.