1- Counter Trend Signal : Based on factors that would indicate a possible change in the direction of trend.
2- Breakout Signal : Based on the factor that when price gets outside of special channel calculation, there is a high chance to retrace back to the middle of the channel.
3- Candlestick Pattern Signal : This is based on many different candle stick patters to send out the signal (read bellow)
To get the base signal beside those three mentioned above, we use seven different factors :
1- Leading Momentum : Calculates a momentum that is really leading.
2- Momentum : Calculates the second momentum. This one is not leading.
3- Impulse : Calculates possible impulse move between candlesticks.
4- Ratio : Calculates a ratio between candlesticks.
5- Market : Calculates market's sentiment.
6- Flow : Calculates the flow of volume.
7- Price : Different price action factors that should all agree to each other for this factor alone.
Only when all seven of the above factors agree with a buy or sell signal, we get the "base" signal. After getting the base signal, we add four filters to reduce the number of false signals:
1- Trend : Calculates the trend line and custom factor that shows the strength of that trend line.
2- OBV Direction : Calculates the direction of OBV movement
3- OBV Phase : Calculates if the OBV is in rising phase or falling phase
4- Prediction : A simple neural network system (not LSTM) that tries to predict the direction of market movement based on many factors as input
Only when all four filters agree with the base signal, we get the Final signal.
The professional version features :
1- User has additional help to find the market direction prediction to let the bot automatically choose between buy or sell conditions
2- User can choose to turn On/Off any of the base factors to get the base signal
3- User can choose to turn On/Off any of the filtering factors
4- Candlestick Pattern Signals are professional only feature
5- Market Heat Map is professional only feature
6- Options window is professional only feature
7- User can set the number of positions allowed per market and in total separately
8- Break even and Trailing stop is professional features only (not included in version 1.00, in progress for later versions)
9- Equity lock is professional feature only (not included in version 1.00, in progress for later versions)
10- User can choose between using base signal or filtered signal
The bot has a section to show your position / balance info in total and per market base. Also like normal version, it has sections for position management per market.
People can use this tool as a dashboard for manually open / close positions, or let the robot work and operate it only.
In our tests, the accuracy of filtered signals is above 80% on scalp take profit. 10% of the positions may need more than a week to win but they will eventually win or get scratched with minimal to no loss, and only 5% of the signals would get into trouble beyond this point that would need user's direct handling for getting them closed with some loss. In general, if you let the bot work on all 28 pairs with the minimum of 5 positions per pair, you will get 100-150$ rise in balance, although, the equity will fall back with some gap when the bot is turned on because it will constantly open positions for you.
Keep in mind :
1- Two of the panels (bottom right and the one above it) is not included in this bot and are free tools you can find either in market or on forums.
2- Minimum amount of balance to use with 28 pairs and 5 positions per pair, is 5000$. We don't recommend any amount bellow 1000$ (use only 5-6 markets and 5 positions per market or use 28 markets but 1-2 positions per market, first option is better)
3- Although the bot has a section to automatically try and predict market's dynamic direction, we highly suggest that you operate the Buy/Sell options yourself and only use this dynamic prediction for short times when you are away from keyboard and not in front of PC.
4- Estimated gain, fully automated all time, is around 20% per month. When operated manually, the number of problematic positions will drop hence higher gain per month.