There are many different pieces of software out there designed to look at the markets and use pattern recognition to make successful trades without the emotions and “gut feelings” that get in the way of most people trying to make successful trades. The theory behind this type of software is that since it only looks at the hard numbers and the obvious patterns, it is going to be better at technical trading than any person. Whether or not this actually plays out depends a lot on the type of program or software being used.