Trendonex by Avenix Fzco: Examining the Features of a Modern Forex Tool

cryptonews.com:

Dubai-based fintech company Avenix Fzco has introduced Trendonex, a new forex robot designed for the MetaTrader 4 (MT4) platform. This Expert Advisor (EA) aims to assist traders in identifying trends, determining entry points, and managing trades in the forex market.

Technical Features of Trendonex

Trend Identification and Entry Points Trendonex utilizes a set of built-in indicators to analyze market trends. The forex robot’s algorithm is programmed to identify trend directions and suggest entry points aligned with these trends. This approach is designed to provide traders with data-driven insights for their trading decisions.

Risk Management Tools The forex robot includes several risk management features. Trendonex incorporates Stop Loss and Take Profit functions for each trade it initiates. Additionally, the EA offers Breakeven and Trailing Stop options, which can be used to adjust risk exposure as market conditions change.

Customizable Parameters Trendonex provides users with a range of adjustable parameters. Traders can modify these settings to align the forex robot’s operation with their individual trading preferences. The EA also includes a strategy tester feature, allowing users to optimize these parameters based on historical data.

Operational Specifications

Time Frames and Currency Pairs Avenix Fzco has designed Trendonex to operate on the M30 and H1 time frames. The forex robot is programmed to work with major currency pairs, focusing on liquid markets in the forex trading environment.

Historical Optimization According to Avenix Fzco, Trendonex has undergone optimization using historical data from 2016 to the present. The company states that it has utilized tick data provided by Tick Data Suite, operated by