Forex robot trading is a type of trading style in which the primary assistant for a trader is coded software. There are various types of robots nowadays on the market, and traders eagerly want to work with the one with the biggest profitability level, thinking that it's a grail for their success.

Robots are coded to analyze the trend, track the price movement, check the patterns and execute deals on their own without any need for a trader to intervene. This is so-called automated trading, which is widely used nowadays by traders due to the rapid development of artificial intelligence and neural networks.

As mentioned, some robots are completely autonomous. They can be set up to execute trades on their own, complying with a trader's strategy, eliminating the risks of human emotions, intuition, rushing and other actions inherent only to human beings.