Monitor market data
Software can continuously evaluate price, volume, technical indicators and other market inputs according to its programmed logic.
Automated Trading Systems
Markets move continuously. Rules don't get tired.
Robot trading uses software to monitor market conditions and apply predefined trading rules automatically. Explore how market data, technical signals, automation and risk controls can form part of a systematic ASX trading workflow.
Automated analysis · trading rules · signals · risk controls
Marketdata / Robot Trading Engine
● AUTOMATION
Robot
ASX MOMENTUM 01
Mode
RULE BASED
Status
● MONITORING
01# illustrative trading robot logic
02for symbol in asx_market:
03 rsi = get_rsi(symbol)
04 if rsi < 30 and volume > avg_volume:
05 signal = "WATCH"
06 apply_risk_rules(symbol)
Symbol
Condition
Signal
Risk
ASX:AAA
RSI < 30
WATCH
PASS
ASX:BBB
VOLUME ↑
CHECK
PASS
ASX:CCC
RULE MATCH
WATCH
PASS
● ROBOT
Scan
Evaluate
Apply rules
Robot Trading
What is a trading robot?
A trading robot is software designed to follow predefined instructions when analysing markets or carrying out permitted trading-related actions. Instead of manually repeating the same checks, software can evaluate market data against a defined set of conditions.
Apply predefined rules
A robot follows explicit instructions rather than changing its criteria because of emotion or market noise.
Generate signals
When market conditions satisfy the selected rules, the system can flag a potential trading setup for further action.
Scan more securities
Automated processes can evaluate a wider universe of securities than a trader could reasonably monitor chart by chart.
Apply risk controls
Robust automation should incorporate position, exposure and risk criteria rather than treating every signal as a trade.
Keep a repeatable process
Defined rules make it easier to review what the system evaluated and why, supporting a more structured trading methodology.
Automated Workflow
A trading robot is a process, not a magic button.
Automation still depends on the quality of its market data, the rules it has been given and the risk controls surrounding it. Software can execute a methodology consistently; it cannot make market risk disappear.
01
Scan
Monitor the relevant ASX securities and market information.
02
Evaluate
Compare incoming information with predefined technical and market rules.
03
Signal
Identify when the selected market conditions have been satisfied.
04
Control
Apply risk logic and determine what permitted action, if any, should follow.
Automation & Traders
What automation can — and cannot — do.
What software can help with
01
Repeat routine analysis
Evaluate the same market conditions consistently across
a large number of securities.
02
Respond to defined conditions
Detect when market data satisfies a rule without waiting
for a trader to inspect every security manually.
03
Reduce emotional variation
Software applies the logic it was given rather than
changing rules because of fear or excitement.
What still matters
01
Strategy design
Automation cannot turn an ineffective trading methodology
into a profitable one simply by running it faster.
02
Risk management
Automated systems can lose money and require appropriate
controls, monitoring and limits.
03
Human oversight
Systems, market conditions and data can change, making
supervision and review important parts of automation.
Start with the data behind a systematic trading process.
Marketdata combines ASX screening, RSI analysis, market charts, company information and systematic trading tools for Australian traders who want a more structured approach to market analysis.
The trading robot interface shown above is illustrative. Automated and algorithmic trading involves significant risk, including software, data, connectivity, execution and market risk. Marketdata does not represent that automated trading will produce profits or prevent losses. Nothing on this page constitutes personal financial advice.