Algorithmic Forex

Five key Advantages of Robotic Trading

Why are more and more private investors switching to automation? These are the main reasons.

Discipline and lack of emotions

This is the main killer of profits in the market — human emotions. Greed («if he grows up, I won’t make a profit») and fear («everything is falling, we need to sell everything faster!») they force us to break our own rules. The robot is devoid of emotions. He’s not worried, panicking, or hopeful. He just follows the code. This guarantees iron discipline.

Round-the-clock operation

Financial markets are open 24 hours a day, 5 days a week. Asian, European, American sessions — while you sleep, life is in full swing on the other side of the planet and great opportunities arise. The robot is not sleeping. It can work on all sessions at the same time, catching movements that you would just oversleep.

Speed and simultaneity

A person cannot physically track dozens of instruments (currency pairs, stocks, futures) at the same time. And even if he can, his reaction won’t be fast enough. The robot analyzes hundreds of charts in milliseconds and executes trades with lightning speed at the moment of the signal occurrence. While you blink, he can open and close several positions.

Freeing up time and effort

The most valuable thing you have is time. Automating the routine frees you up for work, hobbies, family, or self-education. You stop being a «worker at the assembly line» and become a «manager» who only occasionally controls the process.

The possibility of backtesting

Before entrusting real money to the robot, you can check its effectiveness on historical data. Special programs (for example, Tester in MetaTrader) allow you to «check» the robot’s strategy for a selected period and see how it would behave. You will see a chart of profitability, maximum drawdown, number of trades, and other key metrics. Try to do the same with your own intuition!

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