One can autotrade using custom software or some software like amibroker.[/QUOTE]
hi
even I have autotraded with custom software designed by financial technologies in mcx currency mkt. It has features where u can decide to buy or sell at a partiicular time. u can also pre design ur tgt. price and ur sl level. but the disicion of when to buy or sell rests solely with the trader. in that sense it is not algo trading but discritionary trading, the only difference being that instead of punching five - six keys , u r just punching one key. if interactive brokers or some other broker is offering sumthing different do let me know.
regards
Anurag
hi
even I have autotraded with custom software designed by financial technologies in mcx currency mkt. It has features where u can decide to buy or sell at a partiicular time. u can also pre design ur tgt. price and ur sl level. but the disicion of when to buy or sell rests solely with the trader. in that sense it is not algo trading but discritionary trading, the only difference being that instead of punching five - six keys , u r just punching one key. if interactive brokers or some other broker is offering sumthing different do let me know.
regards
Anurag