Automated Trading

Compare Automated Forex Trading Systems

Submitted by currenciesfx on Thu, 05/05/2022 - 09:08

Automated Forex trading is the process of trading 24/5 Forex currencies, without any human intervention. Algorithms analyze currency market data over multiple timeframes, and when certain conditions are met, trade positions are opened, altered, and close. The great advantage of automated trading is the elimination of fatigue and emotional/psychological influences. An automated trading system will use a set of pre-established rules to simultaneously manage multiple accounts.