Avenix Fzco Debuts FXGenix: Merging Technical Indicators with Price Action

FXGenix was built to go beyond the standards of what traders expect from forex bots

The unveiling of FXGenix by Dubai-based fintech innovator Avenix Fzco has the potential of being a major step forward for the forex trading world. The goal of this AI forex robot is to give traders access to a newly formed automatic trading resource. Its creators intended it to be a contribution to the developing field of algorithmic trading in foreign exchange markets.

FXGenix: A New Paradigm in Automated Trading

Fundamentally, FXGenix is an Expert Advisor (EA) that combines trading tactics with technology. With the goal of aiding traders in their decision-making, this forex robot is made to help with trade execution and market analysis. The developers intend for it to be useful for traders with varying levels of experience.

Technical Prowess

FXGenix leverages a unique blend of technical indicators to influence the potential of identifying profitable trading opportunities. By integrating the Alligator indicator, Fractals, and other advanced analytical tools, the forex robot was built to excel at recognizing trend retracements. The tool's market analysis approach includes both candlestick pattern recognition and price movement analysis.

Specialized for EURUSD Trading

One of FXGenix's included features is its ability to trade the EURUSD currency pair on the 15-minute (M15) timeframe. This focused approach was implemented so that the EA could capitalize on the unique characteristics of this major forex pair, potentially offering traders a significant edge in their operations.

Multi-Order Functionality

FXGenix isn't limited to managing a single trade at a time. With the ability to handle up to six orders simultaneously, it provides traders with the opportunity to diversify their positions and take advantage of multiple market movements concurrently.

Precision and Risk Management

Trade execution is a critical aspect of successful forex trading, and FXGenix addresses this with multiple functions. The EA employs fixed Stop Loss (SL) and Take Profit (TP) levels for each trade, encouraging a structured and disciplined approach to risk management.

Furthermore, FXGenix incorporates an advanced Trailing Stop mechanism. With the goal of addressing both possible gains and losses in trading operations, this function is intended to aid in trade management.

User-Friendly Design

The UI of FXGenix is made to be user-friendly for traders of different skill levels. The EA is set up to work with very little parameter tweaks, making it ideal for those who are not familiar with automatic trading systems.

Data-Driven Optimization

The design of FXGenix, which was created in association with Thinkberry SRL, makes use of tick data from 2016 onward. The purpose of using historical data was to match the EA's performance with the state of the market.

About Avenix Fzco

Avenix Fzco is a fintech firm situated in Dubai that specializes in FX trading technologies. The company creates trading software with the intention of giving traders access to tools for trade management and market analysis. FXGenix is its most recent release. Customer service and community involvement are among the ways that Avenix Fzco hopes to assist traders. To learn more about FXGenix, those curious can check out the website.

https://fxgenix.com/