Algorithmic trading is an advance trading system that makes use of conceptualized formulas and mathematical models so as to provide very fast and effective decisions.
It is based on a set of rules which are often characterized by the traders, such rules consist of price analysis, timeframe, the structures in which the trades will be placed and closed, money / risk management, and others.
Types of algorithmic trading
There are four different styles of algo trading, which are
Forex Education - Basics:
Free Forex eBooks:
Forex Education - FX Brokers:
Forex Education - Technical Analysis:
Forex Education - Money Management:
Other trading tools: