#BotOrNot AI trading bots analyze data in real time, identify opportunities, and make decisions in milliseconds. This eliminates the emotional factor and allows for an efficiency impossible for any human trader.
These systems operate in Forex, cryptocurrencies, stocks, futures, and other markets. Their goal is simple: to maximize profits and minimize risks.
DATA COLLECTION AND ANALYSIS
AI needs data to operate. To this end, trading bots are programmed to scan and analyze large volumes of information in real time.
This includes:
Price charts: The bot reviews the evolution of assets, detecting historical patterns that may repeat.
Technical indicators: Moving average crossovers, RSI, MACD, and other indicators that help confirm entry and exit signals.
Financial news: Macroeconomic events, central bank decisions, and relevant news that may influence the market.
Social media and forums: Places where traders share opinions and that can generate unexpected market movements.
Thanks to their ability to process thousands of data points per second, the bot can filter out irrelevant information and focus on key data that may affect the price of an asset.#Robot