Does it work
This is the most important question that one can ask before purchasing or subscribing to indicators or algorithms available in the market. Our algorithm is extensively back-testing and precisely generates signals once a particular financial instrument meets the requirement of a winner. Our algorithm incorporates ideas associated with support & resistance, fibonacci ratios, and the trend is your friend. We are confident that you will be satisfied with our algorithm, however, due to the inherent limitation of any predictions, indicators, algorithms, and factors beyond control, there will be unsuccessful setups from time to time. Our approach is two steps forward and one step back.
Another important element is setting parameters for the algorithm. By default, the value is set to 5. Depending on market factors such as the interest of traders, liquidity, and expected volatility in a particular financial instrument, the sensitivity level could vary for the different financial instruments. The best way to set the sensitivity level for a particular financial instrument is to display price action on the chart as much as possible by zooming out and then start changing sensitivity level and see what sensitivity level best produces favorable results.
Let's dive into some examples.
Stocks - MSFT - Microsoft Corp.
MSFT - Microsoft Corp. is in a bullish trend for a few years now. Our algorithm detected the bullish run and identified sweet spots and generated buy signals all the way.
CrptoCurrency - Bitcoin
BTCUSD - From October 2020 to April 2021, we witnessed a strong bullish run in cryptocurrency. Our algorithm detected this bullish run and keep generating buy signals at appropriate levels.
Forex - USD/CAD
USD/CAD - From June 2020 to June 2021, this forex pair was in a strong bearish run. Our algorithm detected this bearish run and keep generating sell signals at appropriate levels.
USOIL - In the first 6 months of 2021, Oil has shown a bullish trend in anticipation of global economic recovering. Our algorithm detected bullish runs and keep generating buy signals.