Trend following strategies

Trend following momentum-based trading strategies are very common among long-term

institutional traders, as well as retail traders starting out with automated trading using Forex
algorithmic trading strategies.

The idea of a trend following system is to identify a momentum-based market that could
turn into a longer-term trend. Of course, the term 'long-term' is relative. Intraday
algorithmic trading strategies may class long-term as just a few hours. A longer-term quant
trader may class long-term as several weeks or months. The fact there are so many different
types of traders doing different things is one reason the market will always go up and down
over time!

The above chart is typical of a trend follower. Technical trading indicators such as moving
averages help traders to identify strong trending conditions and oscillators can help identify
the beginning or end of a move. While traditional traders would create rules on when to buy
or sell and where, quant traders would simply write lines of codes to automatically identify
the conditions to buy or sell and then to actually execute those orders.

Of course, finding winning algorithmic trading strategies does involve a lot of trial and error.
Some markets may perform better than others depending on which type of quant strategy
you try to emulate. Fortunately, Admiral Markets also provides access to the upgraded
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The MetaTrader 5 trading platform allows users to trade on multiple asset classes while
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trading strategy using Expert Advisors across a wide variety of different asset classes such as
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