Is the knowledge of technical analysis mandatory to start algo trading?

While a basic understanding of technical analysis is not mandatory to start algo trading, it is certainly beneficial. Knowing the basics can help you create more effective and informed trading strategies. This knowledge enables you to better understand market dynamics and apply this insight to the automated trading algorithms you deploy.uTrade Algos provides automated tools that simplify the use of technical analysis for users. These tools assist in making strategic decisions based on historical data and current market conditions, even if you are not deeply familiar with the underlying theories.Additionally, uTrade Algos recommends continuous education on market trends and trading analysis techniques to improve your trading performance. We offer educational resources and support to help you expand your knowledge and skills in technical analysis and algo trading, empowering you to adapt and refine your strategies as markets evolve.