What is Algorithmic Trading and How Do You Get Started? - IG

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What is Algorithmic Trading and How Do You Get Started? - IG

What is Algorithmic Trading and How Do You Get Started? - IG

Posted: 30 Apr 2020 02:40 AM PDT

A technical analysis algo trading strategy is concerned with technical indicators such as Bollinger bands, stochastic oscillators, MACD, the relative strength index and many more. With this strategy, you'd create an algorithm to act on the parameters of these indicators, such as closing a position when volatility levels spike. Aside from the ones mentioned here, you can also build indicators yourself on platforms such as ProRealTime.

To create a technical analysis strategy, you'll need to research and be comfortable using different technical indicators. For example, you can create algorithms based on Bollinger bands to open or close trades during highly volatile times. Whether you open or close depends on your attitude to risk, and whether you have a long or short position in a rising or falling market.

With a technical analysis strategy, you're less focused on price and more interested in using indicators or a combination of indicators to trigger your buy and sell orders.

Exclusive: Brokeree Solutions releases advanced monitoring system for forex brokers - Leaprate Forex Trading News

Posted: 16 Apr 2020 01:20 AM PDT

[unable to retrieve full-text content]Exclusive: Brokeree Solutions releases advanced monitoring system for forex brokers  Leaprate Forex Trading News

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