Experts group trading algorithms into two basic categories: rule-based and machine learning-based. Rule-based algorithms rely on specific criteria or technical indicators to make trading decisions. In contrast, machine learning-based algorithms use historical data to adapt their trading strategy over time.
Our Algo Trader is a pre set combination of 12 Moving Averages and
Indicators.
Based on proprietary set of rules it gives you Buy or Sell Signals , and Neutral when there is no clear direction.You can choose an Instrument of your choice and also the Time Frame that you want to follow.
What are the basics of trading algorithms ?
How to Trade Using this Trading Algo ?
To be clear on this, as it is constantly giving you a Direction ,unless you can sit for hours waiting for the opposite Signal to occur , you have to create your own strategy and set of rules .
Our suggestion is to use it together with the real time chart , on the same time frame .
Start with a small time frame like 5min , to get an idea and a feeling for it.
Combine it with your own System / Style , and either use it as a trigger for the trade or as a confirmation of your own Signals.
We can offer you our own Amazing Trader , a Charting & Risk management Algo Trader , that is incorporated in the MT4 and with the full support of it’s creators and experience and knowledge that goes back 50 years , your job will be not only way easier but way more successful .
You can combine the two !
If you would like to test drive The Amazing Trader, click HERE to get your free trial.
If you want to join our Trading Club, and get Advanced trading education , lots of free stuff and Discounts for Prop Trading Challenges, Brokers and Amazing Trader subscription ( up to 50% off ) Click HERE
We will be holding numerous webinars that will help you understand and take a full advantage of these systems.