Algorithmic trading leverages technical indicators to automate trading decisions based on predefined rules and parameters. Traders develop algorithms that incorporate indicators such as Moving Averages, RSI, MACD, Bollinger Bands, and Fibonacci retracement levels to execute buy or sell orders. Algorithmic trading strategies aim to capitalize on market inefficiencies, reduce emotional bias, and optimize trading execution in the fast-paced cryptocurrency market. By harnessing the power of techn...
