Hi,
It is trading strategy where buy and sell orders are placed automatically based on an underlying or program on the foreign exchange market. The buy or sell orders are sent out to be executed in the market when a certain set of criteria is set.
Auto trading systems, or programs to form buy and sell forex signals, are used typically by active traders who enter and exit positions more frequently than the average investor. The auto trading criteria differ greatly, however they are mostly based on technical analysis.
It is trading strategy where buy and sell orders are placed automatically based on an underlying or program on the foreign exchange market. The buy or sell orders are sent out to be executed in the market when a certain set of criteria is set.
Auto trading systems, or programs to form buy and sell forex signals, are used typically by active traders who enter and exit positions more frequently than the average investor. The auto trading criteria differ greatly, however they are mostly based on technical analysis.
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