AI trading bots are software programs that utilize artificial intelligence and machine learning to analyze market trends, predict price movements, and execute trades automatically.
There are different types of AI trading bots, including trend-following bots, arbitrage bots, market-making bots, scalping bots, and sentiment analysis bots.
AI trading bots collect and analyze real-time data from financial markets, along with external factors such as news articles and social media sentiment.
These bots utilize AI algorithms, including machine learning and deep learning, to make trading decisions and improve predictions over time.