Most real trading bots are based on a very simple algorithm that just checks rsi or macd and that’s usually it. So they have a fair success but not as good as human trading . There are many programs like Market Miner which are total scams and not real trading bots.9 Mar 2018
Read moreWhat is an algorithmic trading bot?
At the most basic level, an algorithmic trading robot is a computer code that has the ability to generate and execute buy and sell signals in financial markets .
Read moreCan you make money with algorithmic trading?
Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows a defined set of instructions (an algorithm) to place a trade. The trade, in theory, can generate profits at a speed and frequency that is impossible for a human trader .
Read moreHow difficult is it to program a trading bot?
Learning the coding is usually tough for most . Learning to trade and how to best use the computer to its max potential is what enables the best trades to execute, and having the fastest ping gets you your place in the fifo line at the exchange. Your strategy needs to be more accurate to avoid false positives.
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