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Algorithmic Trading

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Last Updated on: 16th February 2021, 08:35 pm

Algorithmic trading is a process of trading with the help of computer programs that follow certain commands to open and close trades. Algorithmic trading avoids human emotions and enhances the speed at which a trade can be executed. In the MT4 & MT5 platform, the Expert Advisor is an example of algorithmic trading.

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Open Position

An active trade that has yet to be closed.

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