Algorithmic trading uses computer codes and chart analysis to enter and exit trades according to set parameters such as price movements or volatility levels. Once the current market conditions match any predetermined criteria, trading algorithms can execute a buy or sell order on your behalf. This can save you time from scanning the markets, and executing your trades almost instantly.
With IG, algorithmic trading is made possible through partnerships with cutting-edge platforms such as Pro Real Time and Meta Trader 4 (MT4), as well as with our native APIs. We also offer advanced technical analysis and charting tools to make algorithmic trading easy for you; whether you want to build and fully customize your algorithms or use off-the-shelf solutions.
Why Use Algorithmic Trading ?
Trade without letting emotions get in the way of profits or cutting losses.
Create algorithms to act on infrequent events such as the Dow closing 500 below its 20-day moving average.
Use algorithms to fine-tune risk management in your trading strategy, implementing stops and limits on your behalf.
Set your algorithms up and let them trade around your schedule.
Backtest and refine your algorithms against historical data to establish the best combination of buy or sell.
Choose or create an algorithm according to your strategy. Maximize your exposure to opportunities in underlying markets.
The Best Algorithmic Trading Platform
MT4 is a tried-and-tested trading platform, with a large community of users who are actively creating and refining trading algorithms. These are easily available to you on the MT4 marketplace, you can download pre-made algorithms. MT4 is preferred for off-the-shelf solutions.
MT4 is known for its indicators and add-ons, 18 of which you get for free when you download MT4 from IG. These can help you with chart analysis and fully customize the MT4 platform to your own needs.Try Now
An application programming interface (API) enables you to automate trades, build integrations and create trading algorithms and apps using our market-leading CFD technology. Our web API offers you an easy way to get market data and historical prices, as well as, to execute trades on any of your IG trading accounts.
Creating APIs is the most complex option available here, therefore, it is only recommended for those with a background in programming and coding. APIs offer the greatest amount of customization since you build them yourself from the ground up using any coding language that supports HTTP such as Java, Excel (VBA), or .NET.Try Now