We exist in a time where many things are controlled by machines. The professional trading makes no difference. In this article, we will talk about Expert Advisors and algorithmic trading.It all started with the invention of computers in the 20th century, first programmed to help in mathematical calculations. Since then, information technologies have been developing rapidly, computers have become more powerful, complex, and fast.
Then came the Internet. It did not take long for banks, institutions, and people to understand how technology could be useful in making a lot of money.The first algorithmic systems were software for drawing charts and trading, which helped to facilitate price research and order execution. Eventually, they turned into full-fledged trading platforms, which made the work of a trader easier.What is algorithmic trading? Let us first define the automation of trading in general.
Trade automation is a trading activity, which is fully (or partially) performed by the software. In other words, with the help of trade automation, all or some trading tasks are performed by a computer program instead of you.