A review on Automated Trading System
Automated trading System is a method of participating in the financial market by using programs that execute preset rules for entering and exiting transactions. Automated trading software implements rules and regulations that open and close trades within the market. The software encodes a variety of strategies and programs. Inserted that they combine the current information of the market and the old information to decide the future situation on their own because when we trade we have to analyze the market thoroughly first and that Then we use different types of indicators here and read the information we get from them and only then we can make our decisions. It all takes a lot of time.
Advantages:
--> Adjust the strategy according to your schedule-automatic execution of transactions day or night.
--> Reduce the influence of mood and gut reactions through planned strategies.
--> Identify new opportunities and analyze trends through various indicators.
--> Execute multiple.
--> Microsecond decision processing capability.
Disadvantages:
--> Inability to make free choices.
--> The development cost of these systems can be high.
--> Does not adapt settings without user input.