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This site is mostly about automation of trading using AI-based robot(s). We've chosen currency market (FOREX) as the subject for trade automation. There are many products advertised on the Internet that are capable of issuing advice on when to enter a trade and when to exit. However there are only few true automating solutions that relieve humans from the manual task of opening and closing positions. Out of these few there is even smaller number priced for an average member of a middle-income class who works full-time and looks to learn her or his way to financial independence. People working full-time anywhere other then financial sector and supporting a family have little time to learn all intricacy of world economics and catch up with financial institutions doing financial and economic analysis full-time. Besides being complicated, most of financial data is also priced for and consumed by financial institutions. By the time they become available the free pieces of information that reach general public are in most cases outdated and already factored in the price of whatever instrument they are relevant to. Prices of world currencies are pleasant exception: they are free and available without delays. These are our requirements for a FOREX-trading robot:
So far we've tested only two robots. First - an expensive one - has completely failed not only to trade but also simply to connect to the source of real-time data. The other did all advertised tasks, but failed to turn up any significant profit. The essence of this experiment is:
The last one means that trading robot needs to be able to adapt to the changing price of a currency. It should continuously select most optimized model for the current pattern of a currency's price. It also means that such robot needs to maintain a sizable database of price patterns and a set of solutions for each pattern. Unfortunately the capabilities of most commercially available AI trading software packages are limited to development of most profitable strategy for a sample of historical data. The task of selection of the most appropriate strategy for the current price pattern is left to humans. Therefore trading with AI robots remains semi-automated. Nevertheless our robot manages to make several profitable trades a week. Most our visitors are welcome to follow our robot's trades with a 30 second delay after assuming full responsibility for their actions. You're welcome to contact us either via e-mail or by filling up an online form. Thank you for stopping by.
The site below has an excellent online expert system. |
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