How Algo Trading Works?
1. Set a Trading Strategy
Decide the rules for your trade. For example: “Buy when the moving average crosses above, sell when it crosses below.”
2. Choose Indicators & Parameters
Algorithms use technical indicators like RSI, MACD, Moving Averages, or Price Action to detect signals and execute trades.
3. Backtesting
Before running live, strategies are tested on past market data. This helps evaluate how the strategy would have performed historically.
4. Automation
Once finalized, the algorithm executes trades automatically on your trading account using API integration — no manual clicking required.
5. Monitoring & Adjusting
Although trades are automated, traders can still monitor performance and adjust strategies as needed to adapt to market conditions.
At Market Mentor, we provide the platform, tools, and guidance you need to create, test, and deploy automated strategies — even if you’re a beginner.