Purchase and sell orders, which are automatically set off based on a foreign exchange market core program. This is a strategy on trading which is called as forex auto trading. This strategy has two major types. The automated forex trading robot and the signal-based forex auto trading.

In this article, we will discuss about automated forex trading robot, which has the same features as black-box or algorithmic trading. In this type of auto trading, an algorithm in a computer decides on the characteristic of the order, which includes price, timing or quantity and sets off the order in an automatic manner. Although users are allowed to interfere through altering technical parameters of the program, however, the program manages the other controls.

Leggi il resto di questo articolo