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Most Forex automated trading robots use technical indicators to help find profitable Forex trading opportunities, although different robots will use different trading strategies. A Forex automated trading robot can watch movements far more efficiently than a human and they aren’t burdened with human emotion when it comes to making trading
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Automated trading system From Wikipedia, the free encyclopedia An automated trading system (ATS), a subset of algorithmic trading, uses a computer program to create buy and sell orders and automatically submits the orders to a market center or exchange. Forex robots use an algorithm to look for profitable trades. You can usually set them to trade automatically (within agreed parameters) or enter a trade manually. To become an effective trader, you will need to be able to keep up with movements of the currency markets, world economics and news – as well as use historical knowledge and data to predict when the best time to enter and leave a trade will be.
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