FXSentry: Avenix Fzco’s Ticket to Accessible Automated Forex Trading

Coingapestaff
September 17, 2024 Updated September 20, 2024
Coingapestaff

Coingapestaff

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
fxsentry

The forex market has been, and is, a pretty volatile market, moving 24/7. This has created a market need for more automated trading solutions. The latest to join the bandwagon in this sphere is FXSentry, a brand-new forex robot. It is the brainchild of Dubai-based Avenix Fzco and works on the MetaTrader 4 (MT4) platform. FXSentry intends to provide traders with an automated platform for forex trading. It leverages technical analysis with necessary features that manage risks.

Advanced Market Analysis Techniques

The core of what FXSentry does is centered around analysis. This forex robot makes use of a wide array of technical indicators in determining market conditions, including Moving Averages, Momentum indicators, MACD, and Fractal analysis. By itself, these will not work. Instead, FXSentry couples them with price action analysis and pattern recognition algorithms. In this way, the forex robot is capable of identifying trading opportunities by synthesizing several data points.

Focus on Preserving Capital

Avenix Fzco knows that Forex Trading comes hand in glove with risks. Thus, the company has implemented protective measures in the crypto trading bots. Because of its high risks, the FXSentry robot doesn’t employ GRID and Hedge. It is developed to trade conservatively. It automatically sets Stop Loss and Take Profit levels. All these kinds of features protect the traders’ capital and optimize profit possibilities.

Continuous Improvement Process

The development of FXSentry involved a very long optimization process with historical tick data starting from 2016 forward. Regarding this important process, Avenix Fzco cooperated with Thinkberry SRL and utilized their tool known as the Tick Data Suite. Importantly, optimization of FXSentry is not something that happened but is rather an ongoing process because every day and night, new adjustments are made in order to adapt to current market conditions.

User-Oriented Design, Support

Avenix Fzco has tried to make FXSentry as user-friendly as possible, and the interface is as intuitive and as straightforward as possible. Besides the functionality of this Expert Advisor, customer support offered by Avenix Fzco is more than happy to guide a user through an initial setup process, strategy optimization suggestions, and other questions relating to functionality.

Risk-Free Demo Opportunity

Avenix Fzco has a demo for those traders who would like to assess the performance of FXSentry before buying. With this trial available, one will be able to run the forex robot in a virtual environment with the MT4 Backtester.

About Avenix Fzco

Avenix Fzco is a fintech company located in Dubai of United Arab Emirates dealing with automated forex trading solutions. By working on professional tool development for the MetaTrader 4 terminal, the company merges technological innovation with great insight into financial markets. Avenix Fzco provided a community where traders are allowed to discuss their findings and experiences among themselves, complementing its professional customer support. It continues to keep pace with changing forex sentiments and involves itself in continuous improvement of its suite of offerings, including FXSentry. Interested parties looking into the capabilities of FXSentry should navigate to the demo version via the official website.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: This article is part of a paid partnership and should not be construed as financial advice. The views, statements, and opinions expressed herein are solely those of the sponsor and do not necessarily reflect those of Coingape. Cryptocurrencies are highly volatile, unregulated in many jurisdictions, and carry significant risk, including total loss of capital. Always conduct your own research and consult a qualified adviser before making any investment decisions. Coingape does not endorse or guarantee the accuracy, timeliness, or completeness of any information provided by the sponsor.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.