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Old 22-12-2005, 15:55   #4
JohnD2
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Re: Why can't automatic robot trade?

i'm sure there are some fully automated softwares, but they are not published. Programming the statistical indicators is relatively simple, but writing patern recognition algorithm is not trivial at all.

Instead of spending two years in programming your system to recognize "head and shoulder" pattern (which your brain recognize almost instantly), it is better you spend two years trading, don't you agree ?

The only advantage of automated software is that it is emotions-free. If you have discipline you can follow you own system manually ignoring your feelings.
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