Algorithmic trading in forex uses computer programs to execute trades based on set rules, aiming to maximize profits by making fast, precise decisions. To use it in your strategy, develop or acquire algorithms that match your risk tolerance and trading goals, focusing on systematic trading without emotional influence.
Note that High-Frequency Trading (HFT), which involves rapid trades to exploit small price differences, is not permitted in many forex markets due to regulatory concerns. Incorporating algorithmic trading can streamline your decision-making process and improve trade execution, provided it's within accepted trading practices and guidelines.