Nothing to do with building a chart as they generally wreck a good chart, it’s simply done to acquire a position or sell down a position.
Heaps of stuff all over YouTube on it or try this link for a basic overview.
Cheers.
https://www.investopedia.com/articles/active-trading/101014/basics-algorithmic-trading-concepts-and-examples.asp#:~:text=Algorithmic%20trading%20%28also%20called%20automated%20trading%2C%20black-box%20trading%2C,frequency%20that%20is%20impossible%20for%20a%20human%20trader.
2024 Charts, page-780
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