Automated trading system - Wikipedia

A forex signal is a suggestion for entering a trade on a currency pair, usually at a specific price and time. Due to the timely nature of signals, they are usually communicated via email, website, SMS , RSS , tweet or other relatively immediate method. Although these are the main features of a signal supplier, not all of them offer the complete list of services. As forex is popularly touted as a get-rich-quick method there are a number of services that supply signals of debatable quality, which do not answer the users' expectations for profits.

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The majority of signal providers focus on supplying signals based on technical analysis and a minority work on fundamental analysis or price action. Technical analysis, such as ichimoku and candlestick charting , show both short and long term price trends giving the signal provider flexibility in supplying a range of trade options.

Fundamental analysis gives longer term trade ideas. Price action gives extremely short term trade ideas, often more suited to scalping.

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Foreign exchange autotrading - Wikipedia

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