Everyone can now access professional level of algorithmic trading.
Almost all institutional and professional traders use Level 2 data from the Futures market to make informed trade decisions. It is the most important data because it tells us when and where majority of traders want to buy or sell.
We are the first to introduce and bridge this method of trading to Metatrader.
Level 2 data consist of 3 main components that professional traders watch in real-time to find the best possible buy or sell entries.
Volume Profile: displays the total buy and sell trades at every price. This tells us which prices are popular (where most of the trading happen) for the day.
Market Depth (Order Book): shows the amount of buy/sell pending orders on every price. This tells us where the largest amount of buyers or sells are waiting to support or resist the price.
Time and Sales: every market order or pending order (limits, stops, stoploss, takeprofit) triggered in the market will be shown. Every time someone buys or sells, we will know at what price and quantity. This will tell us when large buying or selling pressure starts to move the market.
Most institutional and professional traders use Level2 data for one main reason: to know where other traders are buying and selling. Our Level2 Bot collects all the above data to make quick and informed trade entries and exits.
More information available in our Knowledge Hub.
If you do not wish to setup or operate your own Level2 Bot and server, you can join ROBOFINEX – our fully managed fund.
Simply open your own account with the same broker that we use, and copy our trades automatically at NO upfront costs. We will operate and manage all updates for Level2 bot and server. Your account and funds will always be yours, we do not have access to it, you are simply copying our trades from our own account.