A trading system is a set of rules and conditions that generate buy and sell signals without any human interference.
As technology advances, so does the trading industry. Since the new millennium, automated trading has witnessed significant growth. The implementation of automated trading strategies has become a common practice for both professional and retail traders. Nowadays, retail traders have access to hundreds of financial markets worldwide using a simple personal computer and an internet connection. Furthermore, building an automated trading system is easier and cheaper than ever.
The Two Approaches