The Traderszone Network

Published in TZ Latest News 27 March, 2017 by The TZ Newswire Staff

Can Price Action Trading Be Automated?

Hello,

I currently trade price action only, no indicators. I just watch the charts with a 2 emas for trend, look for patterns (trendlines, etc) and support and resistances.

If I can calculate the support and resistance, can price action be programmed, backtested, and automated?

Just asking as I like price action. Not experienced enough for indicators yet.

Thanks