The range breakout method begins with selecting a fixed period at the start of the session to define price boundaries. (Photo source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

In our previous article, we outlined the basics of algorithmic trading and explained how it differs from manual trading. This article sets out a step-by-step guide for retail investors to create, test, and run a range breakout strategy through an algorithmic trading platform.

Understanding the approach

Algorithmic trading uses computer code to execute buy and sell orders automatically once predefined conditions are met. It removes the delays and uncertainty that come with manual trading, allowing trades to be carried out faster and in a consistent way.

The range breakout method begin

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