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Post From: New Offering - Order Flow Trading Bots aka SceetoBots

[2018-02-16 15:26:12]
TapeReader - Posts: 88
4 Primary Categories of Trading Bots - Part 2 of a 7 Part Series

http://sceeto.com/blog/4-primary-categories-of-trading-bots-part-2-of-a-7-part-series/

In this episode we discuss the four primary types of discretionary trading bots that a trader can deploy either individually or concomitantly:

+ Order Flow with Pivot.

+ Order Flow without Pivot.

+ Engulfing\Beat.

+ Fade Conclusionary Order Flow.

This ordered breakdown of bots allows a trader to focus on market structure and price action.

When the trader envisions that the market is ripe for a particular type of bot to be deployed to the market, they release this bot.

It is then the bots job to navigate order flow - and - if the bot's rules are met enter and manage the trade.

If the rules are not met, the bot can be configured to turn itself off, or the trader can turn the bot off.
Date Time Of Last Edit: 2018-02-16 15:30:55
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