Basic purpose of this article is to explain various types of Algorithmic Trading Systems. Here explain all types of Algorithmic Trading Systems with examples. The definition of automated trading is applied interchangeably for algorithmic trading systems. Investors are constantly in search of new investment strategies that will take the guesswork away from an investment. They want it to become a high-yielding, low stress strategy; one that minimizes pitfalls and maximizes profits about every deal. Algorithmic trading systems were developed combined these lines. “Algorithmic” looks like a heavy term to help digest.