Deeptrader AI EA is an innovative trading algorithm that combines Artificial Intelligence with traditional technical analysis to forecast market movements. This Expert Advisor leverages Recurrent Neural Networks, specifically Long-Short-Term-Memory (LSTM) cells, trained using data from technical analysis indicators. This approach allows the EA to identify relevant indicators for future price predictions, making it suitable for both short- and long-term trading strategies. As of now, a limited number of copies are available at the current price, with plans for gradual price increases.
Deeptrader AI EA Features
Deeptrader AI EA offers a range of features designed to enhance your trading experience:
- One-Chart Setup: You can trade multiple symbols simultaneously with just one chart attachment, simplifying your trading setup.
- Trade Panel: Gain full control over your trades, monitor EA performance, and access forecasts from ChatGPT to make informed decisions.
- ChatGPT Forecasts: Live forecasts from ChatGPT provide short-term, medium-term, and long-term predictions, allowing you to filter trades accordingly.
- News Filter: Stay informed about upcoming financial events and filter trades during low, medium, or high-impact news events to manage risk effectively.
- Fully Customizable: Adjust the trading strategy to your risk preferences as needed, providing flexibility for various trading styles.
Trading Strategy
Deeptrader AI EA employs a trading strategy that includes fixed or trailing Take Profit and Stop Loss values set in advance. While these values can be adjusted, the default settings have been optimized through extensive backtesting.
The EA operates with a maximum of one open position per symbol, along with potential recovery trades.
Pros
- Innovative AI Technology: The use of LSTM cells and AI in combination with technical analysis provides a unique approach to trading.
- One-Chart Setup: Simplifies the trading process by allowing multiple symbol trading from a single chart.
- ChatGPT Forecasts: Access to live forecasts from ChatGPT helps traders make informed decisions based on varying prediction timeframes.
- News Filtering: The inclusion of a news filter enables traders to manage risk effectively during important economic events.
- Customizable: The EA’s flexibility allows traders to adjust strategies according to individual risk tolerance and preferences.
- Recovery Mode: The automated recovery mode helps recover losing positions by opening additional trades, potentially improving overall profitability.
- Backtesting: The EA has been thoroughly tested on historical data, providing confidence in its performance.
Cons
- Limited Copies: The current offering only allows for the purchase of a limited number of copies, which might restrict accessibility for potential users.
- Price Increases: The EA’s price is set to increase steadily, potentially making it less accessible for future users as the cost rises.
Conclusion
Deeptrader AI EA is an innovative trading tool that combines AI technology with technical analysis to forecast market movements. It offers a range of features, including ChatGPT forecasts and news filtering, to enhance trading strategies. While it has proven benefits, potential buyers should consider the limited availability of copies and the planned price increases in their decision-making process.