AI trading in the Forex (foreign exchange) market refers to using artificial intelligence and machine learning algorithms to automate the buying and selling of currencies. Since the Forex market is highly liquid, decentralized, and operates 24/7, AI can be particularly effective in analyzing market patterns and making rapid trading decisions. Here’s how AI is typically applied to Forex trading: MetaTrader 4 and 5: Popular platforms that support AI-based Expert Advisors (EAs) for automating Forex trades. QuantConnect and Quantopian: Platforms that offer algorithmic trading infrastructure and allow developers to create AI-based strategies. Keras, TensorFlow, and PyTorch: Machine learning frameworks commonly used to build AI Forex trading models.
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