Notifications
Clear all

What is Algorithmic Trading - Definition | Forex Dictionary

1 Posts
1 Users
0 Reactions
39 Views
Full Trader
(@fulltrader)
Member Admin
Joined: 2 year aug
Posts: 104
Topic starter  

Algorithmic trading consists of trading through computer programs that follow predefined rules. In MetaTrader these programs are called Expert Advisors or robots, and they can analyze the market and execute trades automatically.

Why it matters: it removes the emotional part of trading and allows operating 24 hours without fatigue. Even so, a robot is not magic: it needs a good strategy and rigorous testing before using it live.



   
Quote
Scroll to Top