Quote from: intellicorepress on April 29, 2018, 11:24:29 AM

Quote from: CryptoGOApp on April 27, 2018, 01:34:18 PM

The app analyzes markets through an algorithm made of trading indicators (like the RSI and Ichimoku Clouds) and helps traders take positions.

How does this algorithm arrive at the predictions? Can you give us a general idea without giving away your business secrets?

Complementary informations about the technology below:

Hi! There is no big secret to this actually!

The algorithm is made of several different standard trading indicators that constantly analyze market data. Each independent result is then computed with the others (there could be a so called secret there

) to get a final single value. This value is dated and stored. After a lot of values are obtained this way, they are compared to each other to define a pattern. This pattern is then compared to previous similar patterns that happened in the past to check what trend came next last time and the times before.

After a "security check" to decide if it is judicious to give an indication based on the data available, the app displays an indicator to the user.

Please note that the app current "security" level is pretty high and the algorithm seems to adopt an "investment behavior" rather than a "trading behavior" and is giving fewer indications that expected. I am working to narrow the delay between suggested positions but I'd rather keep a pretty safe version of the algorithm rather than giving numerous bad indications to the users. At the moment, 3 to 4 indications are given by the algorithm, and they are more often "buy" positions than "sell" positions.

I hope this answers your question Grin