Top 10 Best AI Trading Software. - 1 minute read
What is AI Trading Software?
AI trading software is a program that automatically executes trades according to predetermined rules. Once programmed, it can be run automatically by a computer.
Investors and traders can convert precise entry, exit, and money management rules into automated trading platforms that allow computers to execute and monitor trades.
Automated trading systems require software that is tied to a broker. Any rules or instructions must be written in the platform’s proprietary language.
Two types of AI trading software are available:
Stock Trading Bot:
System can work autonomously and execute trades for you. An autonomous algorithm detects trading opportunities and automatically executes buy or sell orders.
AI Stock Trading Software:
Creates rules-based trading signals and entire portfolios based on look-back price patterns, volatility, diversification, risk and other factors.