How are trading algos actually programmed?


Does anyone actually know for sure how are the stock/crypto market trading algos programmed?

Do the traders/programmers set a general direction for algos like, ok we are in uptrend, so buy every dip? Or are they programmed to act at certain characteristic, say sell at reaching 21 weekly ema if 4h candle doesn't close above it? Are they completely independent or do humans often intervene adjusting the algo? and stuff like that, you get the gist…

Just so I can understand the general idea of how they do set up these algos.

or if you have any relevant links to articles on that subject?

Thanks


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *