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Author Topic: forex signals and AI  (Read 109 times)
html5-ninja.com (OP)
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March 11, 2020, 04:18:32 PM
 #1

Hi ,
I built a web app that provide forex signals backed by AI prediction and broadcast the signals on Telegram
actually it work pretty well , my question is it realistic to predict bitcoin price or is it simply unpredictable

thx   

The World Needs More Ninjas
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CristianOff
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March 12, 2020, 12:00:53 AM
 #2

Everything works as long as you work hard enough to make it work.

Keep in mind crypto is more volatile => more profits & more losses. It takes more time to optimise unfortunately.

I assume this is your website https://forex-signals.club/home
I like the idea you make it available for free but I don't understand where as a user I can get signals
If you really earned 422 pips today it means you are either a very good trader & programmer or your AI was lucky.
I would love to see what you do in crypto
html5-ninja.com (OP)
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March 12, 2020, 03:37:49 AM
 #3

thank you for the reply ,
so yes you got the web app url  and as you can see my last post about it was on 2017
I spent a lot of time on making this AI work  properly and now I m proud of it Smiley specially in this crisis with covid-19

My web app https://forex-signals.club is free cause I think it s unfair to provide signals if it not 100% wining and my personal opinion  is that signals provider are just scammers,

If you wanna get instant notification you can simply join the Telegram channel you can find the link on the website or subscribe to the web push notification

Actually the model "the AI" that I developed has theoretically more than 65% accuracy  , to be honest I m bad trader but a good developer ,
now , I tested my model with gold and the accuracy still interesting but with crypto the AI can t identify any pattern so the real question is trading on crypto is betting or
do crypto traders use technical analysis ?

Any way , the prediction work well with forex , I have to work more on crypto

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CristianOff
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March 12, 2020, 11:35:00 AM
 #4

Technical analysis can be used for day trading.

The problem are those moments when a cryptowhale decides to dump their coins or buy plenty of them. Crypto analysis doesn't work
in those moments. Look at what happened earlier today, BTC price went from $7,300 to $6,000 in a matter of minutes.

If you used Bollinger Bands & Stochastic RSI to identify a trend reversal confirmation this would have not worked and instead BTC price
continued to go down. According to the trend reversal here the price should have gone up. It didn't  Roll Eyes

html5-ninja.com (OP)
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March 15, 2020, 11:14:26 PM
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Due what happen recently on BTC price I think I will not explore the AI prediction for crupto   Roll Eyes
really no logic on btc price

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March 16, 2020, 02:13:34 AM
 #6

Since AI works based on old data and technical analysis it is available to predict Bitcoin price. In normal days AI will work well I mean it can predict Bitcoin price quite well. However, AI can't predict flash dump and pump, what we often see in Bitcoin price.
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March 16, 2020, 04:50:07 PM
 #7

as you said to run a model we need a historical data and this data need to be "logic" so the AI can identify some patterns, I m trying to do that but the accuracy is very low and it seems impossible to find any patterns , so  is BTC  price  biased ? I think yes

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