Trendonex: Avenix Fzco’s high-tech solution for low-stress trading – London Business News | Londonlovesbusiness.com

Automated systems keep gaining popularity in the constantly shifting world of forex trading. Avenix Fzco, headquartered in Dubai, is a financial technology company that has just introduced Trendonex. This MetaTrader 4 Expert Advisor (EA) is set to positively change the playing field for forex market traders.

Deciphering market trends

At its core, Trendonex is designed to interpret complex market behaviors. The forex robot utilises a proprietary set of indicators to scrutinise currency pair fluctuations, aiming to identify emerging patterns before they fully materialize. Once a potential trend is detected, the system calculates optimal entry points that align with the perceived market direction.

Safeguarding trading positions

Acknowledging the inherent risks in forex trading, Avenix Fzco has integrated several protective features into Trendonex. The EA automatically implements Stop Loss and Take Profit levels for each transaction it initiates. Furthermore, users can employ Breakeven and Trailing Stop functionalities, allowing for dynamic risk adjustment as market conditions evolve.

Customisable trading approach

Recognising the diversity of trading styles, Trendonex offers a wide array of adjustable parameters. Users can fine-tune these settings to tailor the EA’s behavior to their specific strategies. To facilitate this process, Avenix Fzco has included a comprehensive strategy testing tool, enabling traders to refine their approach using historical market data.

Technical specifications

Trendonex is engineered to operate within specific timeframes, focusing on 30-minute (M30) and 1-hour (H1) charts. The EA primarily analyzes major currency pairs, known for their high trading volumes and liquidity. Avenix Fzco reports that Trendonex has undergone extensive optimisation, utilising historical data from 2016 onwards, with tick data provided by Tick Data Suite, a service offered by Thinkberry SRL.

Maintaining optimal performance

To ensure Trendonex remains effective, Avenix Fzco recommends periodic recalibration of the EA’s input parameters. They suggest using recent market data, specifically from the preceding six months, to align the system’s strategies with current trading conditions. Additionally, Trendonex allows for lot size customisation, enabling traders to adjust position sizes based on their risk tolerance and account capacity.

Focused market analysis

By concentrating on M30 and H1 timeframes, Trendonex offers a balanced approach to market analysis. Its emphasis on major currency pairs aims to capitalise on the substantial liquidity these instruments typically provide in the forex marketplace.

Data-driven optimisation

Avenix Fzco highlights Trendonex’s rigorous optimisation process, which incorporates nearly a decade of market data. This comprehensive approach aims to enhance the EA’s adaptability across various trading scenarios. The company emphasises its use of high-quality tick data to ensure the accuracy of this optimization procedure.

Flexible position management

One of Trendonex’s key features is its adaptable lot size functionality. This capability allows for precise control over trade volumes, enabling users to align their market exposure with personal financial goals and risk preferences.

About Avenix Fzco

Established in the dynamic tech hub of Dubai, Avenix Fzco has positioned itself as an innovator in the realm of automated forex trading solutions. The company’s product portfolio includes a variety of forex robots, each designed to address specific aspects of currency trading. By merging cutting-edge software development with community-centric initiatives, Avenix Fzco aims to foster a comprehensive ecosystem for forex enthusiasts. People who are interested in learning more about the features of Trendonex and the possibilities of automated trading should check out the website.

https://trendonex.com/

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