operates precisely the way the name suggests. An extremely sophisticated piece of software utilizes complex formulas to choose the best time to trade currency. Then, depending on the type of software you have, it will either indicate the action you need to take or make the llowing a piece of software, commonly termed a "Forex Robot" to make trades for you may sound quite chancy. However it is actually a lot safer then acutally doing it yourself. The automated forex trading robots have the ability to be online and working 24/7 able to catch every nuance of the markets - unlike humans who need to eat and sleep.
In addition, computers are able to analyze large amounts of data which for a person would be nigh on impossible. The other factor which limits peoples is our tendency to allow our emotions to sway our decisions perhaps reacting from nervousness, greed or fear rather than completely logically as a computer can. A computer doesn't make these errors,trade automatically for you.
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