Pivozon
Trading Software | |
Industry | Financial Services, Forex |
Headquarters | United Arab Emirates |
Services | Forex Automation Robot, Expert Advisor (EA) |
Parent | Avenix Fzco |
Website |
Pivozon is an Expert Advisor (EA) and forex robot developed by Avenix Fzco, designed to enhance trading efficiency in the foreign exchange market.[1][2] Using historical market data from 2016, Pivozon specifically targets the EURUSD currency pair on the D1 (daily) timeframe.[3][4]
Overview
Pivozon is an expert advisor (EA) designed to enhance forex trading, targeting the EURUSD currency pair on the D1 timeframe. The forex robot utilizes a suite of technical indicators to identify trend reversal points, providing traders with precise, data-driven insights that improve decision-making in volatile markets.[5] Pivozon emphasizes risk management by employing fixed lot sizes and Take Profit and Stop Loss mechanisms.[6]
Designed for both novice and experienced traders, Pivozon offers a user-friendly interface that streamlines the trading process, making it a valuable tool for those looking to navigate the complexities of forex trading effectively.[7] Pivozon operates autonomously based on predefined algorithms, eliminating emotional bias and ensuring consistent strategy application.[8] Additionally, it features backtesting capabilities to assess performance against historical data and provides continuous 24/7 market monitoring to capture trading opportunities around the clock.[9]
Key features
- Strategic Focus: Pivozon utilizes the D1 timeframe to identify significant trend reversal points and enhance trading opportunities, specifically for trading the EURUSD currency pair.
- Indicator-Based Trading: The EA employs a comprehensive suite of technical indicators to support its trading decisions, ensuring thorough market analysis and reliable performance.
- Risk Management: Pivozon incorporates risk-averse strategies, including fixed lot sizes, Take Profit, and Stop Loss features, avoiding high-risk methods such as martingale or grid trading.
- Money Management: The system is robust and designed to optimize trading performance through intelligent risk allocation and fixed lot sizes.
- Trailing Stop System: This feature dynamically adjusts the stop loss level as the market moves favorably, helping to secure profits.
- BreakEven Functionality: Pivozon's BreakEven function adjusts the stop loss to the entry point once a trade reaches a specified profit level, minimizing the risk of capital loss on profitable trades.
- Performance and Data Quality: To make informed trading decisions, Pivozon uses high-quality tick data from Tick Data Suite, operated by Thinkberry SRL.
About Avenix Fzco
Avenix Fzco is a fintech firm based in Dubai, UAE. The company is known for developing advanced trading software.[10] It has introduced a range of products, including Pivozon, Majestic EA, Reversedo, Trendonex, ForexRova, Forexeko, and others, aimed to enhance trading accuracy, risk management, and overall performance for forex traders.[11][12]
References
- ↑ "Avenix Fzco introduces new expert advisor Pivozon for enhanced forex trading on EURUSD". Business Today. 29 May 2024. Retrieved 13 September 2024.
- ↑ Staff, Coingape (18 July 2024). "Introducing Pivozon: Avenix Fzco's Cutting-Edge Forex Robot for the D1 Timeframe". CoinGape. Retrieved 13 September 2024.
- ↑ "Avenix Fzco Releases Pivozon: An Advanced Expert Advisor for Forex Trading". www.iplocation.net. Retrieved 13 September 2024.
- ↑ "Pivozon by Avenix Fzco: Elevating Forex Trading with Robotic Intelligence". dailycaller.com. Retrieved 13 September 2024.
- ↑ Torongo, Pauline (18 July 2024). "Avenix Fzco's Pivozon: A Fresh Approach to Automated Forex Trading". The South African. Retrieved 13 September 2024.
- ↑ "Avenix Fzco Introduces New Expert Advisor Pivozon for Enhanced Forex Trading on EURUSD". Yahoo Finance. 23 May 2024. Retrieved 13 September 2024.
- ↑ "Avenix Fzco Debuts Pivozon: A New Tool in the Automated Forex Trading Arena". NewsBTC. Retrieved 13 September 2024.
- ↑ "Avenix Fzco Introduces New Expert Advisor Pivozon for Enhanced Forex Trading on EURUSD". Barchart.com. Retrieved 13 September 2024.
- ↑ "Avenix Fzco's Pivozon: The Forex Robot Software Transforming the Trading Landscape | Bitcoinist.com". 13 June 2024. Retrieved 13 September 2024.
- ↑ "Avenix Fzco's Pivozon: The Forex Robot That's Making Waves in EURUSD Trading". Chainwire. 28 June 2024. Retrieved 13 September 2024.
- ↑ "The Forex Revolution: Avenix Fzco's Pivozon Challenges Forex Trading Norms". www.livemint.com. Retrieved 13 September 2024.
- ↑ "Dubai's Avenix Fzco Launches Pivozon, a D1 Timeframe Forex Robot By Investing.com Studios". Investing.com. Retrieved 13 September 2024.