Dubai’s Avenix Fzco introduces FxEasyBot: a Bollinger Bands-Driven Forex Robot

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Automated solutions are becoming more and more popular in the constantly changing field of forex trading. FxEasyBot, the newest product from Dubai-based fintech company Avenix Fzco, has just entered this market. With its design for the MetaTrader 4 platform, this forex robot seeks to give traders a methodical way to navigate currency markets.

Strategy Based on Channels and Bollinger Bands

Channel-based trading is the main trading strategy of FxEasyBot. This method aims to build a dynamic price channel using Bollinger Bands, which was included to be the foundation of trading decisions. The forex robot takes action when market prices cross this channel.

When FxEasyBot notices a channel breakout, it performs two simultaneous actions. It starts off by opening a market order in the direction of the movement in price. It also creates a pending order across the channel at the same time. The goal of this dual-action strategy is to potentially influence profit from the price movement while simultaneously getting ready for any reversals.

Features of Risk Control

For every trade, FxEasyBot applies predetermined Take Profit and Stop Loss settings. This function is meant to establish preset exit points for both profitable and unprofitable trades in an attempt to provide a modicum of risk management.

It is important to note that FxEasyBot does not use certain high-risk or high-frequency strategies. In its operations, the forex robot does not use grid trading, scalping, or hedging strategies.

Compatibility and System Prerequisites

FxEasyBot traders can start with a minimum lot size of 0.01. To begin trading, the system requires a $1,000 initial deposit. These settings were included to enable a variety of traders, from novices to seasoned market participants, to use the forex robot.

User Assistance and Instruction

Avenix Fzco provides FxEasyBot users with a number of supplementary services in addition to the forex robot itself. Among them are routine software upgrades meant to maintain the system’s alignment with the dynamics of the market today.

An additional element of the FxEasyBot ecosystem consists of educational resources. Tutorials, manuals, and webinars on subjects like trading strategies, EA optimization methods, and the fundamentals of forex trading are available to users. For individuals in search of more individualized guidance, Avenix Fzco offers private consultations with forex specialists.

Users can also get help from technical support with setup processes, problem solving, and customizing the forex robot for their own trading environments.

Assessment Choices

Before making a purchase, potential users have the option to test FxEasyBot. The backtester version, which is a free demo version, enables traders to assess the forex robot’s performance in their own trading environment.

Avenix Fzco offers real-time performance metrics for those who are interested through MyFxBook, which allows for live monitoring of forward tests. With the help of this feature, users can see how FxEasyBot performs in the current market.

About Avenix Fzco

Avenix Fzco is a Dubai-based fintech firm that develops forex trading software, including several robots for the MetaTrader 4 platform. Keeping up with new markets and technologies necessitates constant product development, which the company aims to do with great zeal. Beyond just developing software, Avenix Fzco’s strategy focuses on building a community where traders can exchange knowledge and improve their abilities. The company is dedicated to providing customers with assistance as they navigate the forex market. The Avenix Fzco website has additional details and testing options for traders who are interested in learning more about the capabilities of FxEasyBot.

Find out more: https://fxeasybot.com/