Low-frequency trading bots
Low-frequency bots execute swing trades, which have a timeframe of at least 4 hours to a few days or weeks.
You could argue that low-frequency trading bots are less complicated because they don't have to process billions of pieces of data in a split second. However, they may still utilize complex approaches that consider numerous elements and indicators before entering or exiting a trade. They can also be based on methods we humans might follow.
AI Use in Trading
Artificial Intelligence has altered numerous sectors, and the world of trading is no exception. However, it is still more of a helper to traders.
Effect of timeframes on a strategy
When it comes to creating a trading bot, the first thing you need to decide is what time frame your bot will operate on. Each time frame has its benefits and drawbacks.