Day Trader: Crypto Pattern Trading in Low-Volatility Markets (TA)

This robot has been designed for active day traders specializing in crypto trading who prefer employing traditional market analysis methods, complemented by the latest advancements in machine learning technologies. The robot's algorithm primarily focuses on trading during the period when the market is transitioning from a state of consolidation.

The robot's algorithm is rooted in trading classic models of technical analysis for exiting the consolidation state, such as "Rectangle Top" and "Three Rising Valleys," among others. These patterns have been established for years, but most traders lack the tools to effectively identify and, more importantly, integrate them properly. Utilizing artificial intelligence, Tickeron's quantitative analytics team has successfully addressed this issue by developing the most accurate algorithm for detecting emerging patterns and the optimal approach for combining different types of patterns.

The typical trade duration is 16 hours. According to statistics, consolidation periods constitute the majority of market conditions. Signals to initiate a trade are received frequently and can reach up to 98 simultaneously open trades. However, due to the effective method of identifying the correct market direction, most of them are profitable, and the total number of profitable trades stands at 65%.

Once a trade is initiated, a "Take Profit" order is placed at the target price level determined by machine learning algorithms. Additionally, this algorithm determines when the pattern is considered expired, and the trade will be closed if the target price is not reached. Multi-level backtests demonstrate that this approach enables the robot to close profitable trades as swiftly as possible.

Additionally, we offer our users a manual way to determine the level of exit from a trade that is acceptable to them. On the "Open Trades" tab, for each trade the profit amount is highlighted in a certain color. If the “Profit” column is gray, this means that the loss on the position is moderate and does not exceed 5%. If the color is red, then the risk is already significant and exceeds 5%. This makes it easy to visually determine the overall value of a risk based on open trades.

The robot's trading results are shown without using a margin. For a full trading statistics and equity chart, click on the "show more" button on the robot page. In the tab “Open Trades”, a user can see live how the AI Robot selects equities, enters, and exits in paper trades. In the tab “Closed trades”, a user can review all previous trades made by the AI Robot.

Disclaimer. The presented paper traded results (annualized returns, % wins/loss, and other statistics) are achieved by the application of the backtested and forward tested models. The past backtested and forward tested performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, expressed or implied is made regarding future performance. Forward testing started on 07.04.2023.