To succeed in trading it is helpful to determine when a market trend is going to reverse and then to be able to guess the extent of the next move. For this traders rely on their experience that may take years to develop. But even
experienced traders could use an unbiased second opinion. This is what the AiWave is for. It uses Artificial Intelligence to forecast market reversals with high degree of accuracy, and display it as an Elliott Wave to help
in determining the next market move.
For example, as soon as the AiWave indicates the location of the market reversal then based on the wave formation it is possible to guess where the market will head next in order to place an order. Once the market reversal is determined,
the AiWave will forecast the location of the next reversal that could be used to close the position.
Each forecast is based on an abstract representation of the market at that instance in time. As a result forecasts represent an expected location of the market that may differ from the actual. As the market evolves the forecasts
may change or remain stationary. A trailing forecast indicates that the market is more enthusiastic than past experience suggests.
The AiWave uses the latest in state of the art learning algorithm to build a model for forecasting market reversals. For this it requires massive amounts of historical data that is only available for intraday markets. It also requires
supercomputing power to create such a model, which can then be used to make real-time forecasts. Such a training process has to be made for each instrument with a specific number of ticks per bar and indicator period length.
This is why the AiWave is only available by subscription to a limited number of instruments.
Coming soon.