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Financial markets are regarded as one of the most popular investment options since they offer high returns in a short period of time. However, because of its highly volatile and unpredictable character, it is considered a dangerous investment option. As per popular estimates, up to 90% of those who engage in the stock market lose money, including both rookie and experienced traders. And the reasons behind this can include a lack of information, a lack of trading discipline, and decision-making based on emotion. As a result, the Algorithmic Trading System is an attempt to make the lives of investors easier through study and the development of profitable trading techniques by examining and evaluating market conditions. And trading with algorithms may be able to generate fair trades and more profitable chances with financial instruments. In this paper we have discussed various applications of algorithmic trading system.