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Topic: GNY Range Report - Free AI tools for traders. - page 2. (Read 308 times)

legendary
Activity: 1722
Merit: 1002
Decentralize Everything
It looks interesting, what is the free AI predictive model based on, is the price data from 2013 or is there an adjustment to it.
Is there human control in re-correcting predictions to give better results, or is all data calculated as it is, regardless of its accuracy?

The speed of adjusting expectations caught my attention, which is good.



I bookmarked the site and will provide more details in upcoming replies.

Hi!  Fair questions.

Firstly, its important to point out that we are not predicting price, we are predicting a range of volatility, essentially a probability band of where we think the max and min price for the token would be.

So, no, we are not claiming to be 98% accurate at predicting the precise price of Ethereum on a particular day.  What we are good at is predicting when we think there is a higher chance that the price range might move.

If you hover over the historical chart title it should show you the formula used to plot accuracy.  You might also find the tooltips on the chart to the left useful, it explains how our volatitlity range and relative value indicators are calculated (which is the data behind the historical chart we are discussing).

Here's a Medium article that i wrote about how the LSTM forecast model works.  https://medium.com/gnylabs/introducing-fabian-gnys-new-machine-learning-engine-6f3fefd93839

hero member
Activity: 630
Merit: 510
It looks interesting, what is the free AI predictive model based on, is the price data from 2013 or is there an adjustment to it.
Is there human control in re-correcting predictions to give better results, or is all data calculated as it is, regardless of its accuracy?

The speed of adjusting expectations caught my attention, which is good.



I bookmarked the site and will provide more details in upcoming replies.
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
Some more screens




legendary
Activity: 1722
Merit: 1002
Decentralize Everything
Today's ETH AI readout:

Quote
The market for Ethereum has shown a declining trend over the past 7 days. The average price has decreased from $1661.44 on 23rd August to $1649.37 by 28th August. The McClellan Oscillator values have moved closer to zero, indicating a weak bearish momentum. The On Balance Volume (OBV) indicates that the volume of Ethereum sold has slightly increased.

The relative strength index (RSI) suggests that the market is near a state of overselling, complimenting the bearish sentiment shown by other indicators. The Moving Average Convergence Divergence (MACD) indicator is still below the signal line and its histogram is decreasing, indicating the bearish momentum is not yet over.

Stochastic values are moving in the neutral direction, implying a lack of clear buying or selling pressure. The Average Directional Movement Index (ADX) values have been increasing over the period, indicating a potentially strong trending market. Interestingly, the Parabolic SAR value is below the recent closing price which may suggest a potential upward trend.

The Chaikin AD Oscillator, which is positive, reflects a bullish trend on the accumulation/distribution line. However, the Coppock Indicator is negative, hinting at a possible downward price movement in the coming days.

No particular chart pattern from the given indicators like Dragonfly Doji, Evening Star, Hammer, or Hikkake Pattern has been seen in the given data which would have helped further in predicting the market direction.

To conclude, the market conditions for Ethereum over the studied period have been quite bearish but some conflicting signals from indicators like Chaikin AD Oscillator and Parabolic SAR suggest there might be a potential for a positive price movement. The upcoming trend will depend on how market participants respond to these signals and their sentiments about future market developments. It is advised to follow these indicators and other relevant news closely.
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
Hi,

I've been helping to build a suite of AI tools for people who trade major tokens. The service is free to access (premium paid-for features coming soon) and will soon be blockchain enabled to provide transparency and an audit trail using the GNY token.

I wanted to share it here as Bitcointalk is where my crypto career began way back in 2014 and this has always felt like home  Grin

Some features:

Trading indicators and charts for top 12 tokens by volume (more coming soon...if you have a token request, just ask!)
Live price and volume tickers.
Free AI predictive model that forecasts upcoming volatility and potential price changes for all listed tokens.
Free daily AI token analysis that uses our 300 trading indicators to provide a market summary for the day.
Free daily AI chart analysis that gives an easy to understand summary of all 300 of our trading indicators.
A news and events section - a list of upcoming events that have tended to affect crypto prices in the past.
Relative Returns Indicator - A method of tracking and comparing live and historic value of tokens.
Token Correlations - A method of tracking potential price correlations between tokens.

All indicators, charts and models are comprehensively explained in our tooltip knowledgebase to help rookie traders learn!

...with much, much more coming soon.

Please come by and give it a go...its free! DM or post on this thread with suggestions and token requests.

http://gnyrr.com

All the best,

Dan
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