The post Avenix Fzco Unveils FXSentry: A New Era in Forex Trading Automation appeared first on Coinpedia Fintech News
Dubai-based fintech company Avenix Fzco has unveiled its latest forex robot, FXSentry, designed for use with the MetaTrader 4 (MT4) platform. This Expert Advisor (EA) aims to provide traders with an automated trading solution that incorporates various technical indicators and risk management features.
Technical Specifications and Strategy
FXSentry utilizes a combination of technical indicators, price action analysis, and pattern recognition to execute trades. The forex robot employs several advanced indicators, including Moving Averages, Momentum, MACD, and Fractal, to conduct market analysis and generate trading signals.
The EAâs strategy focuses on identifying trends and potential trading opportunities through its built-in analytical tools. By integrating multiple indicators, FXSentry aims to provide a comprehensive market analysis to inform its trading decisions.
Risk Management Features
Avenix Fzco has incorporated several risk management features into FXSentry. The forex robot avoids high-risk trading methods such as GRID and Hedge strategies. Instead, it implements a more conservative approach.
Each trade executed by FXSentry is equipped with Stop Loss and Take Profit levels. These features are designed to limit potential losses and secure profits when predetermined price levels are reached. The EA also includes built-in measures intended to protect trades from potential market fluctuations.
Optimization and Development
FXSentry has undergone an optimization process using historical tick data dating back to 2016. Avenix Fzco partnered with Thinkberry SRL for this optimization, utilizing their Tick Data Suite tool to refine the EAâs performance based on past market data.
The optimization process for FXSentry is described as ongoing, with the forex robot being continually adjusted to account for changing market conditions. This approach aims to keep the EAâs trading strategy current and responsive to evolving market trends.
User Accessibility and Support
Avenix Fzco has designed FXSentry with the intention of making it accessible to traders of various experience levels. The forex robot features a user interface that aims to be straightforward and easy to navigate, potentially allowing both novice and experienced traders to utilize its functions.
To support users of FXSentry, Avenix Fzco offers customer support services. This support team is available to assist with setup, optimization, and general inquiries about the EAâs features and operation.
Testing Options/Demo
Traders interested in FXSentry have the option to test the forex robot before purchase. Avenix Fzco offers a demo version that can be used with the MT4 Backtester. This feature allows potential users to evaluate the EAâs performance in a simulated environment without financial risk.
About Avenix Fzco
Avenix Fzco is a financial technology firm that develops software for foreign exchange trading. The company is based in Dubai, UAE. The firmâs main focus is developing automated trading solutions that integrate with the MetaTrader 4 platform. These solutions include features for risk management and advanced analytical tools.
Through this network and its customer service team, Avenix Fzco aspires to offer continuous support to traders by establishing a community where they can exchange knowledge and experiences. In response to shifting market conditions and new developments in forex trading technology, the firm is constantly improving its software. For more information about FXSentry and to download a demo version, interested forex enthusiasts can visit its official website: https://fxsentry.com/
