Business News of Thursday, 17 October 2024
Source: businessinsiderafrica
Avenix Fzco, a Dubai-based fintech firm, has launched Litepips, an automated trading system for MetaTrader 4 users targeting the gold market (XAUUSD).
Litepips uses technical indicators, mathematical models, and AI-driven algorithms to analyze price movements, aiming to identify trading opportunities in the H1 timeframe.
It offers customizable risk management features, flexible money management, backtesting, and 24/7 market monitoring. Designed for user convenience, Litepips integrates smoothly with MetaTrader 4 and adapts to evolving market conditions, enabling traders to refine their strategies and automate decision-making while reducing emotional biases.