What is “Grey box” Trading?
Wednesday, July 21st, 2010Grey box, as opposed to the low or zero human interaction involved in "black box" trading, grey boxes employ algorithms which support or require human interaction, and allow the user to set parameters, as well as monitor and change them.
A Grey box trading system might mark or indicate potential trade setups or alert to trigger conditions, but the trader would choose to execute those signals manually using their discretion, rather than using full automated execution with no human intervention.
Our Decision Line Trading System is an example of a Grey Box trading strategy.