The best way to make money pattern day-trading Forex is to use our premium tool, Real Time Patterns (RTP Forex). You will get real time signals to buy and/or sell Forex based on intraday price information. RTP analyzes 39 types of patterns for Forex in real time with the following frequencies: 5min, 15min, 30min, 1hour, 4 hours, and 1 day. To make this tool more convenient, it's best to customize it. Settings include adjusting the confidence level, price range, types of patterns, etc. You also need to set up notifications we have emails or push notifications. The more filters you use, the fewer trade ideas RTP will generate.
To access, from the menu bar, select FOREX, then click the Trading tab, and next click on Real Time Patterns-forex.
If you do not feel comfortable making your own customizations and settings, you can try our AI Robots, which already have a minimum number of trades per day and customization settings. There is a robot called Day Trader robots. The good news is that if you buy one or more AI Robots then you will get a monthly credit of $60 or $120 which you can apply towards subscribing to RTP. This means you get RTP for free. If you have any questions, you can always call our customer support, view webcasts, and videos, or sign up for 1-on-1 lessons.
About Pattern Trading in Real time and RTP for Forex
AI Real Time Patterns (RTP) allow you to compete with Hedge Funds by providing analysis of patterns charted by forex prices of pairs of currencies instantaneously. Patterns are akin to EKGs, which doctors use to manually check the regularity of a heartbeat and diagnose the patient. Trading patterns can be used to diagnose the market.
Our AI spots all the crucial parts of a pattern -- the key points and the breakout zone -- and provides backtested statistics for the pattern so you can have an idea of the past success of this pattern. Backtested statistics also have a confidence level percentage to pinpoint the reliability of this instance of the pattern. The higher the confidence level, the greater the chance that this instance of the pattern will be successful. In addition to this, for every instance of the pattern, our AI will generate the target price, current price, breakout price, and distance to the target price.
You can choose Real Time Patterns for Stocks and ETFs, Cryptos, or FOREX, from the drop-down menu at the top of the Tickeron page, under the Trading tab.
Once on the RTP feed, you can find more information on particular patterns by clicking on them on the left side of the page.
Choose between bullish and bearish patterns, and learn how to distinguish patterns, and use the points in the pattern as markers to sell or buy.
To see some selected pairs and AI Trend Predictions on the right side of the page to see the live emerging and confirmed patterns for those tickers.
Each tile in the live feed is one pattern spotted for one pair of foreign currencies. Every tile has important information about the pattern: a current confidence level which marks the likelihood that the prices will reach their target; breakout and target prices, a percentage distance to the target prices, the date the pattern emerged for this Forex, and the original confidence level percentage as the pattern emerged. On the bottom left of the tile is a statistics tab which, when expanded, shows the historical statistics of the patterns. These statistics show the number of patterns emerged for the set confidence level, and the percentage of correct predictions of the total emerged patterns.
At the top of the Pattern Feed, click “Customize” to narrow down the patterns and foreign currencies your feed shows by selecting or toggling certain filters. First, edit the time frame to see only the tickers emerged within the chosen period, click or unclick confirmed or emerged patterns to view either or both. Next, edit the confidence level to view only those patterns that are projected to be more likely to be successful. Then, toggle the distance to the target price to establish the threshold for confirmed prices approaching the target price.
Under the same customizations, click the “Pairs” or “Pattern Types” tabs to add or delete them from your feed. Click “Save” on the bottom right corner of the page before exiting the popup.
On the left side of the page, the simplified Pattern Search allows you to select an entire industry or theme of tickers all at once.
To bookmark a pattern, click the bookmark icon on any tile.
View those bookmarked patterns by clicking on Bookmarked Patterns on the same left-hand side menu.
Information on “About pattern”, “Paper Trade”
Click on “About Pattern” to get more information about the pattern.
Click on the “Paper trade” to instantly open a trade with this pattern signal.
You can copy the selected tickers to the clipboard, watchlist, Portfolios and Screener also click on the Ellipsis to expand your choices.
Scroll to the bottom of the page and click “Show more patterns” to find more patterns from the Real Time Pattern Feed.
Also info on these options.
Guide to Subscribing to AI Real Time Patterns (RTP):
Step-by-Step Instructions:
1. Navigate to the AI Real Time Patterns page:
- Begin by accessing the AI Real Time Patterns (RTP) page on the platform.
2. Locate the 'TRY NOW' Button:
- As you scroll down the left side of the page, you'll find a button labeled "TRY NOW" This option allows you to test out the RTP tool without any commitment.
3. Start Your Trial:
- Click on the "TRY NOW" button to initiate your 14-day trial period for free This gives you full access to the RTP tool, allowing you to explore its features and benefits.
4. Subscription Decision:
- After the 14-day trial period for free, if you find the RTP tool beneficial and wish to continue using it.
5. Alternative Subscription Option
- If you're already a subscriber to AI Robot, you have an added advantage. By using the credits from your AI Robots subscription, you can get the RTP tool for free! This means you can enjoy the benefits of both AI Robots and RTP without any additional cost for the latter.
Key Points to Remember:
- The RTP tool offers real-time pattern insights, making it a valuable asset for traders looking for timely trading opportunities.
- The 14-day trial period for free is a risk-free way to assess the tool's capabilities and determine its fit for your trading strategy.
- The synergy between AI Robots and RTP subscriptions provides added value, especially for traders looking to maximize their platform benefits.
Subscribing to the AI Real Time Patterns (RTP) tool is a straightforward process. Whether you're a new user trying it out or an existing AI Robots subscriber looking to leverage credits, the platform offers flexible options to cater to your needs.
How to unsubscribe to AI Real Time Patterns :
Steps to unsubscribe to AI Real Time Patterns:
- Navigate to the top right corner and click on your profile picture.
- A dropdown menu will appear. From this menu, choose "subscribe."
- You'll be directed to your subscription page. Here, select "schedule unsubscribe."
- Confirm your decision to complete the unsubscribe process.
Other related products are available for the credits above:
We invite you to check out our other premium products -- they’ll help you be best prepared to take on the market. Some of the premium products that might be helpful for a new trader are the AI Pattern Search Engine and the AI Trend Prediction Engine. In addition, our Screener is a great way for a continuing trader to pinpoint what you’re looking for and monitor the securities for an extended period.
Disclaimer.
Simulated results (annualized returns, % wins/loss, and other statistics) are achieved by the retroactive application of a backtested model itself designed with the benefit of hindsight. The backtesting of performance differs from the actual account performance because the investment strategy may be adjusted at any time, for any reason and can continue to be changed until desired or better performance results are achieved. Alternative modeling techniques or assumptions might produce significantly different results and prove to be more appropriate. Past hypothetical backtest results are neither an indicator nor a guarantee of future returns. Actual results will vary from the analysis. Past 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. Disclaimers and Limitations - Disclaimers and Limitations