Do I understand correctly that the goal of the project is the creation of a trading robot? And what role will the neural network play in this robot?
Thank you for the question.
Our software is much more functional than a usual trading robot. Trading bots trade within one exchange, receiving income as a result of buying currencies at a low price and selling them at a higher price. But all trading actions are set by the trader. Trading bots do not know how to predict changes in the price of assets. They only perform automatic, preset actions set by the trader. So, for example, if the trader sets a certain price at which the bot must buy/sell, the bot will do this. But, after this scenario the price can go much higher/lower and the trader will make a loss.
At the core of our trading software is the Self-Organizing Incremental Neural Network. This means that the software can predict prices and perform buy/sell actions without being set by traders. In one situation, the neural network can make a decision to hold cryptocurrency longer. In another, to sell most pieces of an asset and buy another cryptocurrency, which by analysis will give a higher profit. That generally allows receiving much more income and saving time.
Also, one of the strongest part of our neural network is "incremental learning", allowing it to be "self-trained" during the work and improve its accuracy of predictions.
Neural networks are state-of-the-art, trainable algorithms that emulate certain major aspects of the functioning of the human brain. Together with the complex set of analyses and mathematical calculations of which the human brain is not capable, they have an unique, self-training ability. The ability to formalize unclassified information and, most importantly, make forecasts based on the historical information they have at their disposal.
More detailed technical information can be found in our Whitepaper.
so it will be a real artificial intelligence, a bot that does not have to be set by the user but will learn by himself from his own work done independently, really very interesting, 20% seems to me a very good percentage of profit...
