. This advanced Expert Advisor is set to revolutionize gold trading on the MetaTrader 4 platform, specifically designed for the H4 timeframe. From 2016 until the present, Fexobot has been thoroughly adjusted and optimized to produce favorable results in a variety of market situations.
Using high-quality tick data from Tick Data Suite, run by Thinkberry SRL, Fexobot allows high degree of accuracy and dependability. This extensive database increases the effectiveness of theby enabling it to make well-informed trading decisions based on pinpoint market movements. Users can configure their tick data suite to a range of different settings, including Spread, Slippage, Advanced, Expert, and Margin.
Fexobot also has Dynamic Support and Resistance Levels, which dynamically identify crucial support and resistance levels and strategically place BUY STOP or SELL STOP orders when these levels are identified. This allows timely execution when market conditions potentially align in the user’s favor. Additionally, the forex robot employs Smart Position Management, adding more deals in the trend direction when triggered, allowing potential profit while possibly minimizing risk.