Trading robots, also known as algorithmic trading or automated trading, are computer programs that use algorithms and other mathematical models to automatically make trading decisions. Trading robots are designed to analyze market data and to identify trading opportunities based on predetermined rules and criteria. Once a trading opportunity is identified, the trading robot can automatically execute the trade on behalf of the trader, without requiring any further input or intervention.
Trading robots are often used by professional traders and investors, as they can help to automate the trading process and to make decisions quickly and accurately. They are also used by individual investors who may not have the time or expertise to actively manage their own investments.
Trading robots are typically based on complex algorithms and mathematical models that are designed to analyze market data and to identify trading opportunities. They can be programmed to follow a variety of different trading strategies, such as trend following, momentum trading, or mean reversion. Some trading robots are designed to trade a specific security or market, while others are more flexible and can be used to trade a wide range of assets and markets.
Overall, trading robots are computer programs that are designed to automate the trading process and to make decisions based on algorithms and mathematical models. They are commonly used by professional traders and investors, and they can help to improve the efficiency and accuracy of the trading process.