Trendonex
 | |
| Trading Software | |
| Industry | Financial Services, Forex |
| Headquarters | United Arab Emirates |
| Services | Forex Automation Robot, Expert Advisor (EA) |
| Parent | Avenix Fzco |
| Website | |
Trendonex is an Expert Advisor (EA) developed by Avenix Fzco, an Emirati fintech company. The software is designed for automating forex trading on the MetaTrader 4 (MT4) platform.[1] The EA specializes in trading major currency pairs and optimizes its performance for the M30 (30 minute) and H1 (1 hour) timeframes.[2] For improved trading performance, Trendonex provides precise trend identification, strategic entry points, and comprehensive risk management.[3]
Features
- Trend Identification: To accurately identify market trends, Trendonex employs an advanced algorithm supported by a set of built-in indicators. This feature enables traders to base their decisions on data-driven analysis rather than speculation.
- Entry Points: The forex robot not only detects trends, but it also determines the optimal entry points within the identified trend direction. This precision aims to improve the likelihood of successful trades.
- Risk Management: To manage trading risks, Trendonex includes built-in Stop Loss and Take Profit functions. Additionally, it offers Breakeven and Trailing Stop features to help further protect capital and lock in profits.
- Lot Size Adjustment: The EA provides flexibility in adjusting lot sizes, allowing traders to tailor their trading strategies according to their risk tolerance and trading style.
- Parameter Optimization: Trendonex features an automated system for optimizing trading parameters. Traders can use the built-in strategy tester to adjust and refine their trading strategy based on historical data.
- Flexible Compatibility: The software's specific design for major currency pairs ensures its effectiveness in the most liquid forex markets. It performs well on the M30 and H1 timeframes, offering flexibility in trading approaches.
- Performance and Data Quality: To make informed trading decisions, Trendonex relies on 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 a prominent player in the fintech sector, specializing in the development of advanced forex trading software. The company's products include various forex robots designed to enhance trading accuracy, risk management, and overall trading performance.[4] Avenix Fzco creates a trading community where users can exchange insights, access trading resources, and stay up-to-date on market trends. The community offers real-time updates, expert insights, and interactive discussions, providing support for traders at various experience levels. Avenix Fzco is known for its dual focus on technological innovation and community support, establishing itself as a leader in the trading technology field.[5]
References
- ↑ "Avenix Fzco Launches Trendonex: An Advanced Forex Robot for Precision Trading". laweekly.com. Retrieved 13 September 2024.
- ↑ "Avenix Fzco's latest: Trendonex brings AI to Forex trading". The Independent. 21 August 2024. Retrieved 13 September 2024.
- ↑ Africa, B. I. (7 September 2024). "Trendonex and the evolution of forex trading: An Avenix Fzco innovation". Business Insider Africa. Retrieved 13 September 2024.
- ↑ "Trendonex by Avenix Fzco: Examining the Features of a Modern Forex Tool". cryptonews. Retrieved 13 September 2024.
- ↑ Virany, Mike (29 May 2024). "Avenix FZCO Unveils Trendonex: The Ultimate Forex Robot For Precision Trading On MetaTrader 4". TheVentureCation.com. Retrieved 13 September 2024.