Gigapips
 | |
| Trading Software | |
| Industry | Financial Services, Forex |
| Headquarters | United Arab Emirates |
| Services | Forex Automation Robot, Expert Advisor (EA) |
| Parent | Avenix Fzco |
| Website | |
Gigapips is an Expert Advisor and forex robot launched by Avenix Fzco, a Dubai-based financial technology company.[1] GigaPips is designed for trading on the Gold (XAU/USD) H1 timeframe. The EA utilizes the BreakOut strategy on the MetaTrader 4 (MT4) platform to help identify potential trading opportunities and maximize trading potential in the gold market.[2]
Features
- BreakOut Strategy: GigaPips employs a sophisticated BreakOut strategy specifically tailored for trading Gold (XAU/USD) on the H1 timeframe. The strategy is known to identify daily price ranges and enter trades during retracement phases. This allows traders to capitalize on high-probability market movements in accordance with the current trends.[3]
- Advanced Risk Management: The forex robot incorporates a robust risk management framework, including features such as Stop Loss, Take Profit, and a global stop-out level to protect traders' capital and minimize potential losses.
- Enhanced Trade Accuracy: By integrating multiple technical indicators and candlestick patterns into its analysis, GigaPips improves the accuracy of trade entries and exits. This comprehensive approach helps in identifying high-probability trades, which increases the likelihood of successful outcomes.
- Multiple Open Orders: GigaPips allows traders to manage up to six open orders, providing diversified trading opportunities within the gold market. The multiple order features help to optimize the profit potential and risk reduction associated with individual trades.
- User-Friendly Interface: GigaPips has been engineered to work with the popular MT4 trading platform, offering an easy-to-use interface designed to accommodate traders of all skill levels.
- Comprehensive Backtesting and Optimization: GigaPips has been thoroughly optimized and backtested using historical tick data spanning from 2016 to the present, utilizing Thinkberry SRL's Tick Data Suite. This rigorous testing process ensures that the EA performs effectively under various market conditions, providing traders with a reliable and efficient trading tool.
About Avenix Fzco
Avenix Fzco is a fintech firm based in Dubai, United Arab Emirates, specializing in the development of innovative trading software for the forex market.[4] The company was established to equip traders with cutting-edge trading tools and foster a supportive trading environment. It combines trading and technology expertise to address key challenges faced by modern traders.[5]
The company is known for its commitment to precision, enhanced risk management, and user-friendly interfaces.[6] 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, and FXProBot, among others.[7]
References
- ↑ "Breaking New Ground: Avenix Fzco Unleashes GigaPips for Forex Market Traders". livemint. Retrieved 13 September 2024.
- ↑ "GigaPips by Avenix Fzco: The Future of Gold Trading with Advanced Forex Robot Technology". CryptoPotato. 1 July 2024. Retrieved 13 September 2024.
- ↑ Manager, P. R. (31 May 2024). "GigaPips by Avenix Fzco: Revolutionizing Automated Forex Trading in the Gold Market". Coinpedia Fintech News. Retrieved 13 September 2024.
- ↑ "Avenix Fzco's GigaPips: The Future of Forex Robot Trading". dailycaller.com. Retrieved 13 September 2024.
- ↑ Dunsby, Sarah (24 August 2024). "Forex traders' new companion: Avenix Fzco's GigaPips and the evolution of trading platforms". London Business News | Londonlovesbusiness.com. Retrieved 13 September 2024.
- ↑ Torongo, Pauline (23 July 2024). "New Arrival to the Forex Frontier: Avenix Fzco's GigaPips makes its debut". The South African. Retrieved 13 September 2024.
- ↑ "GigaPips: Avenix Fzco's Powerful Forex Robot For Optimizing Gold Trading Strategies". inkl. 28 August 2024. Retrieved 13 September 2024.