Even the best Algorithmic Trading System needs to have strict rules.
It is not possible to code something that is undefined.
Either a condition is true, or it is false.
And you need to decide upfront, because an algo system is a collection of defined functions.
Humans tend to make emotional decisions, because of the way we feel.
If we want to feel better, we try to avoid the unpleasant things.
For example, it is not uncommon to put off something like the tax declaration for later.
The desire for entertainment, immediate gratification and rewards is always present.
A computer doesn’t have these emotional problems, it will simply obey the rules.
That makes it the better trader, because it will not do revenge trades.
It will not see something that is not there.
And it will not get tired or bored and do stupid things.
So if you want to improve your results and avoid to make emotional decisions an Algorithmic Trading System can be a good solution.
But it still depends on the person in front of the screen, because you are the one that can make or break each of your decisions at any time.
You can download the free version for the Algorithmic Trading System below the video on our website AlgorithmicTradingSystem.com
It will work with original Metatrader 5 demo accounts.
If you are interested to learn more, or if you are interested to trade this system on a real account, make sure to become a starter member for just one dollar.