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published-date Published: May 9, 2023
update-date Last Update: August 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.

 

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