Not only an Algorithmic trading strategy profitable, but it also improves your chances of becoming a successful trader. This has to do with both the superior order execution provided by a trading computer and the fact that all trading strategies you use have been verified on historical data.
How do I develop a trading strategy using algorithms?
Roadmap for Success: How to Develop a Trading Algorithm in 5 Steps
Create a trading platform as the first step.
Step 2: Create a strategy for your trading algorithm and visualize it.
Define the Time Frame and Trading Frequency in Step 3.
Testing the Trading Algorithm on Historical Data is the fourth step.
Connect the algorithm to a live demo trading account in step five.