Docs   »   Trade   »  How to use trading bots?
published-date Published: May 9, 2023
update-date Last Update: March 27, 2024

How to use trading bots?

At the moment, trading bots are not enabled on TradeLocker. But…

Are you a trading bot developer?

You could generate additional stream of revenue by copying what you already developed to TradeLocker.

Interested in learning more? Visit TradeLocker Studio for more info.

What are trading bots?

Trading bots are automated software programs designed to execute trades on behalf of the trader. These programs follow pre-set algorithms and trading strategies. They’re particularly useful for high-frequency trading where quick decision-making is crucial.

These bots can also backtest trading strategies using historical data, giving you insights into their effectiveness. However, they are not foolproof and still require monitoring. Market conditions change, and they must be updated to adapt to new situations.

 

Help us build the perfect trading platform that prioritizes your needs and preferences. Join our Discord community to meet the TradeLocker team and other traders, discuss upcoming features, and chat with us directly.

Unlock Potential. Lock in profits.