Trading in securities involves a high degree of risk. Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or short a particular security or to engage in any particular investment strategy.
Algorithmic trading involves identifying patterns that deliver consistent returns based on multiple performance metrics. Some of the most common considerations include Profit Factor (Gross Wins divided by Gross Losses) and Profitability (Percentage of Winning Trades relative to Total Trades executed). Most technical traders are less concerned on the overall fundamentals relating to the security. Volatility is a major consideration when reviewing performance, specifically as it relates volume and potential indications of institutional support in either direction.
Search thousands of trading charts or run the analysis yourself with our one-click optimization (same tools leveraged by high-frequency traders).