AI : Robotic Trading !!
What is auto robotic trading ?
Auto Robotic trading is a method of participating in financial markets by using a program that executes pre-set rules for entering and exiting trades. As the trader, you’ll combine a thorough technical analysis with setting parameters for your positions, such as orders to open, trailing stops and guaranteed stops.
How Does AR Trading Work?
First, you will choose a platform and set parameters for your trading strategy. You’ll use your trading experience to create a set of rules and conditions. Then, your custom algorithm will apply the criteria to place trades on your behalf. These factors are normally based on the timing of the trade, the price at which it should be opened and closed, and the quantity. For example, ‘Buy 100 Apple shares when its 50-day moving average goes above the 200-day average’.
What Are The Benefits Of Auto Robotic Trading?
WHAT YOU CAN DO:
Auto Robotic trading is a method of participating in financial markets by using a program that executes pre-set rules for entering and exiting trades. As the trader, you’ll combine a thorough technical analysis with setting parameters for your positions, such as orders to open, trailing stops and guaranteed stops.
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Fit your strategy around your schedule – execute trades automatically, day and/or night.
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Reduce the impact of emotional/gut reactions with planned strategies.
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Identify new opportunities and analyze trends with a wide range of indicators.
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Execute multiple real-time trades simultaneously and remove manual execution.
What Platforms Can You Use For Auto Robotic Trading?
MetaTrader4 :
Customize your trading experience by building your own expert trading algorithms, creating indicators, and placing a range of orders. Plus, import Expert Advisors (EAs) to help you find opportunities according to your pre-defined parameters. EAs can either notify you of an opportunity or open a position automatically.
APIs :
Build your own platform and create advanced trading solutions from scratch. This platform enables you to code your algorithms from the ground up. Orders are filled using market-leading IG technology, ensuring you get the best execution. You can view real-time and historical market prices, analyze market instruments and trader sentiment information, maintain watchlists, and more.