Algorithmic
Trading.

For traders interested in automation, TM9 supports algorithmic trading applications such as trading robots. These tools help automate trading strategies and execute predefined trading instructions, which means a method can keep working through sessions you are not awake for.

Automation asks one hard question first: is your strategy actually a set of rules? If you can state the entry, the size, the stop and the exit precisely, it can be coded. If the real decision involves reading the situation — the feel of a session, the behaviour around a level — then a robot will reproduce the mechanics and lose the judgement that made the method work. That is the single most common reason automation disappoints.

Where the rules do exist, the benefits are considerable. A robot does not get bored, does not skip a signal because the last one lost, and does not widen a stop at the worst moment. It executes the plan, including the parts of the plan that are psychologically difficult, which is exactly where most discretionary traders leak money.

Testing comes before capital. Historical testing shows how a set of rules behaved in conditions you have not traded through, and a demo account shows how they behave in live spreads and real execution. Both belong before the first live lot, and the first live lot belongs small.

Starting with one strategy rather than three is the other piece of advice worth taking. Running several automated systems at once makes it very hard to tell which one is responsible for the account curve you are looking at. One practical note: because a browser session ends with the tab, strategies that must run continuously are better hosted on the desktop terminal. For the complete picture of the platform, see the TM9 home page.

See the full app on the home page