United Arab Emirates, 7th Oct 2024 - FXGenix, a pioneering fintech firm, has officially launched its new forex trading robot designed exclusively for the MetaTrader 4 platform. Engineered by a veteran team of traders, quants, and software engineers, FXGenix EA aims to optimize forex trading through sophisticated automation, technical indicators, and institutional-grade risk management.
"We could not be more excited to introduce FXGenix EA and bring automated trading to the next level for regular traders," said the CEO of FXGenix. “Our dedicated team has leveraged their decades of combined experience to create an outstanding hands-free solution for executing advanced strategies with ease.”
According to FXGenix, their expert advisor combines indicators like the Alligator, Fractals, Moving Averages, MACD, and more to identify high-probability setups during trend retracements. By cross-referencing signals, precision is enhanced for pinpointing imminent reversals.
"A key benefit we offer traders is accurately detecting imminent market turns by harmonizing multiple indicator readings," explained the Head of Marketing. "This provides reliable confirmation for robust entries and exits."
In addition to indicators, FXGenix employs information about price actions, as well as candlestick patterns to offer additional validation of trades. This multi-faceted strategy is designed to improve the accuracy of trades and transactions in line with the market's current circumstances.
"By evaluating candle formations, support/resistance, and other factors, we achieve tighter precision tailored to shifting dynamics," the CEO stated.
FXGenix enforces multiple layers of risk management including fixed stop loss, take profit, trailing stop loss, and maximum position size limits. This comprehensive approach aims to systematically lock in profits and reduce downside risk exposure per trade and portfolio-wide.
"Our risk protocols minimize volatility exposure while keeping profits protected," stated the Marketing Head. "This lets our users trade with greater confidence."
Once it is configured, FXGenix EA can automatically perform up to six simultaneous trades, based on indicators' signals and trend reverses. Machine learning algorithms that self-adapt continuously improve their performance as time passes. This enables seamless trading 24/7 that is personalized to the user's preferences with no oversight required.
"By incorporating advanced AI, we can deliver a true set and forget automation to traders at any skill level," said the CEO.
FXGenix was developed to provide simplicity and user-friendliness. Its user-friendly interface and set-up permit both experienced and novice traders to profit from its high-quality institutional trading algorithm. Plug-and-play functionality allows traders to use it immediately from the beginning.
According to FXGenix the FXGenix EA has been improved using premium tick data from 2016 together with Thinkberry to ensure high-quality backtesting that is realistic and reliable. The process of optimization continues as data is collected throughout.
FXGenix EA is now available for purchase and includes 6 months of software updates and technical support. Interested traders can learn more at FXGenix.com.
In 2022, FXGenix was founded. FXGenix is a company that develops automated trading strategies for the retail market. The company's team draws on decades of trading experience in data science, data science, as well as software development to design EAs. FXGenix aims to make trading using algorithms accessible to regular traders looking for ease of use and consistency.
Organization: FXGenix
Contact Person: FXGenix
Website: https://fxgenix.com
Email: Send Email
Address:Dso-ifza A2 101, Dubai
Country:United Arab Emirates
Release id:18030
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