Fexobot

Fexobot is an Expert Advisor (EA) developed by Avenix Fzco for the MetaTrader 4 (MT4) trading platform. It is designed to facilitate gold trading (XAUUSD) on the H4 (four-hour) timeframe.
==Overview==
Fexobot, developed by Avenix Fzco, is an expert advisor and automated forex robot. It is designed to help traders navigate the gold market by utilizing sophisticated algorithms and data analysis. The software allows traders to access multiple tabs such as Optimization Results, Optimization Graph, Standard Graph, Results, Report, Settings, and Journal, offering comprehensive tools to manage and analyze their trades.
The EA leverages high-quality tick data from Tick Data Suite, operated by Thinkberry SRL, to ensure precise market analysis and decision-making. Users can configure various settings, including symbol properties, tick data options, and time periods.
==Features==
* Intelligent Trend Identification: Fexobot utilizes a range of indicators, including moving averages, momentum, and fractals, to identify trend directions in the gold market. It provides users with settings to adjust parameters such as MA period, shift, distance, mode, and price, as well as momentum period, price, level, and fractal candles.
* Dynamic Support and Resistance Levels: The EA identifies critical support and resistance levels and places BUY STOP or SELL STOP orders accordingly. This feature aims to ensure timely trade execution based on these levels.
* Smart Position Management: When favorable market conditions are detected, Fexobot adds more trades in the direction of the prevailing trend, aiming to maximize profit potential while managing risk.
* Risk Management: Trades executed by Fexobot include Stop Loss and Take Profit levels. The EA also allows for adjustable settings for indicator-based Stop Loss, BreakEven, Trailing Stop Function, and distance adjustments.
* No Martingale or Grid Strategies: Fexobot avoids the Martingale and Grid strategies, which involve high-risk practices such as doubling down on losing trades. Instead, it focuses on reliable trading principles to deliver consistent performance.
* Customizable Money Management: The EA provides customizable money management options, allowing users to set parameters for lot size and type. The Report tab offers detailed statistics such as gross profit, expected payout, maximum drawdown, profit trades, and other performance metrics.
* Tick Data Integration: Fexobot uses high-quality tick data from Tick Data Suite, managed by Thinkberry SRL, to ensure accurate market analysis and trading decisions.
==Trading community==
Fexobot supports a trading community where users can connect, share insights, and collaborate with others interested in gold trading. The community offers educational resources, including tutorial videos, webinars, and market analysis, to enhance trading knowledge and strategies.
==About Avenix Fzco==
Avenix Fzco is a fintech firm based in Dubai, UAE. The company specializes in developing advanced software for forex trading, with a focus on accuracy, risk management, and functionality. Avenix Fzco has created various forex robots compatible with the MT4 platform and is committed to integrating the latest advancements in trading technology. The company also fosters a collaborative trading environment, encouraging knowledge exchange and skill development among traders. Over the years, the company has developed various automated forex trading robots and expert advisors, such as Majestic EA, Reversedo, ForexRova, Forexeko, Pivozon, Pivlex, Litepips, Orexbot, and several others.
==References==
==External links==
* Official website
* Software
Category:Financial services
Category:Forex trading
Category:Companies of the United Arab Emirates