ALGO TRADING
Algo Trading is a form of automated trading that uses computer programs to analyze market data based on pre-defined parameters.
ALGO TRADING
The algo trading system does this automatically by correctly identifying the trading opportunity. This Algo trading software places trades on the terminal and submits it to the exchange thereby reducing manual invention. Top of Form. It is a method of executing orders using automated pre-programmed trading instructions accounting for variables such as time, price, and volume. The trader no longer needs to monitor live prices and graphs or put in the orders manually.
We build our own algorithm and deploy it to generate buy or sell signals, Manual intervention is needed for placing orders as full automation is not permitted for retail traders.
BENEFITS OF ALGO TRADING
- Trades are executed at the best possible prices.
- Trades are timed correctly and instantly to avoid significant price changes.
- Simultaneous automated checks on multiple market conditions.
- Reduced transaction costs.
- Trade order placement is instant and accurate (there is a high chance of execution at the desired levels).
- Reduced risk of manual errors when placing trades.
- Reduced the possibility of mistakes by human traders based on emotional and psychological factors.
- Consequently select Multi-Strikes through your code for choices trading.
- Trade utilizing diagrams or without outlines through scanner.
- Doesn't needs VPS, reconnects to a great many virtual worlds interference.
- Custom Target, SL, time sensitive signs and so on for your code.
- Keep up free pattern of Long Entry, Long Exit, Short Entry and Short Exit signals.
- Algo-trading can be back tested using available historical and real-time data to see if it is a viable trading strategy.