automatic trading

Trading requires continuous — every hour, every minute, every second — monitoring of the market and analysis of its movement. Under conditions of huge information flow on the financial markets analyses requires more and more time, while you cannot perform successful trading without a prompt response to the movements of the market.

Today’s information explosion made people arrange information flows and create electronic mechanical systems in all spheres of life activity in order to collect and analyze massif of row information. In output user of such a system receives extract of information assisting us in making a correct solution. At that the most laborious part of information analysis — collection of row information and its systematization — is done by electronic mechanism. This brings into zero all risks of so called "human factor" and those risks linked to speed of perception and data processing, attention and psychology.

Operating on the financial markets cannot avoid the tendency of automating information processes and it has already been taking shape into electronic format. Diversity of incoming information and necessity of its immediate systemizing gave rise to specialized automats or Mechanical Trading Systems. The process of utilizing these automats represents automatic trading.

Now there are thousands of automatic off–the–shelf trading strategies capable to perform accessory analysis of row information and conducting independent trading on the "live" financial markets.

Today automatic trading for Broco is a crucial direction. We believe that ready mechanical strategies significantly raise efficiency of traders.

We suggest you learning, trying and evaluating all advantages of automatic trading.
"Strategy exchange" project will allow you learning the results of on–line tests, and acquiring advisors showed good results.
If you have ready advisors, you can participate in a new Broco contest among the best mechanical trading systems.

The main duty of trader is first of all a constant monitoring of the market situation. Trader works near their computer all the time and makes decisions every minute.

Collecting the market data and relevant analysis are to be automated in the trading terminal by specially constructed robot or, in other words, trading advisor.

Moreover, this automat is capable of conducting trading. This process represents automatic trading.

Automatic trading is operating on the financial markets with the help of trading advisors.

Trading advisor is special software performing its operations according to earlier programmed order.

Its profound difference from manual trading is that trading advisors conducts trading by itself, without human’s participation. Mechanical expert is able to open and close trades, analyze market situations, and notify a trader about all their actions.

Operating speed increases significantly
Trading automat can monitor hundreds of quotations; perform complicated calculations within the shortest time, make decisions in accordance with set preferences and place orders in the nest breath.
A person will never be able to process so huge volume of information under a time pressure. Thus traders, using automates for complicated mathematical calculations, benefit for sure in comparison with the traders using traditional ways. Oftentimes traders, denying themselves trading automates, have to refuse from promising and beneficial trading strategies implying a huge volume of calculations.

Absolute accuracy of settlements
Trading automat does not commit errors.
All operations solely follow logics and algorithms put in expert’s software code. Often traders make errors while calculating one or another value which leads to grievous results; whereas trading automat performs hundreds of operations without fail and to a high precision.

Trading automat is not susceptible to emotions
It is a cold rational mechanism and is absolutely insensitive to global economic news, takes it as numeric character set with the purpose of using it as data for calculations. A high speed of decision making absolutely does not impact the result. Sobriety is a serious advantage of advisor. Giving way to emotions, traders can commit transactions contrary to logics. As a rule, transactions made under the influence of emotions, turn out to be lossmaking.

Trading automat executes orders all the time
Trading automat does not suffer from bad mood and is failure–free. It will be disinterested in opinion makers of the financial world.

Trading automat is not subject to fatigue
A trader is engaged in a routine life, having occasional look at the terminal. It is capable of doing 5/7, 24–hours job, without breaks for dinner and rest.

Flexibility of trading mechanism
Anytime you can set or totally change the logics of advisor with the help of lucid and intuitive software environment. At your desire advisor can derive required data to the chart, notify you about its actions using any means of communication — e–mail, Skype or SMS. It significantly reduces span time for market analysis and forecast.

Certainly, automates are not a panacea.
Firstly, robots are constructed with the help of very complicated methods. Secondly, the fundamental of automat’s operations is technical analysis, therefore, while developing robot a huge number of impacting factors should be taken into account.

Firstly, robots are constructed with the help of very complicated methods. Secondly, the fundamental of automat’s operations is technical analysis, therefore, while developing robot a huge number of impacting factors should be taken into account.

Broco groups of companies promotes application of trading automates.

Broco Investor trading platform enables using advisors of any configuration and ensures immediate execution of trading orders according to the best quotations.

Specialists of Broco test and analyze trading automates in "Strategy exchange" forum division. Every week the results of testing are summarized and detailed reports about expert’s job are published. Besides, every interested can submit the file of trading advisor with the request to conduct on–line test.

"Strategy exchange"service. Here every interested can test or acquire any trading automat from the exchange catalogue. Exhausting information is provided for every strategy including principles of operating, applied indicators, developer etc. Customer will not have to acquire "pig in a poke", first they can test algorithm and only then purchase it.

"Cyber Trade" contest is a competition among trading automates designed by Customers. Every interested can take part and essay their powers in developing trading mechanisms!