India, March 12 -- India PR Distribution

New Delhi [India], March 12: There are different types of traders in the Forex market, and each has its own way of working. However, all traders can be divided into two groups: those who prefer to trade manually and those who stick to automated trading and use trading robots. In this article, Octa discusses Forex trading robots, also called Expert Advisors, and automated trading.

Trading robots are automatic trading systems that, based on a certain algorithm, independently manage the trader's financial flows. An automated trading program or script is not subject to ordinary human weaknesses--it doesn't need to eat, sleep, or spend time with its loved ones. The trading robot can analyse the situat...