Trade Assistant-AI-powered trading analysis

Example

Identifies and explains the implications of patterns such as Doji, Hammer, or Bearish Engulfing on a candlestick chart.

Scenario

A trader uploads a daily chart of NASDAQ, and the system detects a 'Doji' at a resistance level, suggesting a possible reversal. The trader uses this information to plan an exit strategy from a current bullish position, potentially safeguarding gains before a market downturn.

Example

Analyzes price actions to determine the current trend and predict future movements by identifying support and resistance levels.

Scenario

Upon observing the S&P 500 index chart, the assistant notes a consistent upward trend with increasing support levels, advising a trader to maintain or increase their long positions with adjustments to stop-loss orders according to new support levels.

Example

Recommends the best combination of technical indicators like Moving Averages, RSI, or MACD tailored to the current market conditions and the trader’s strategy.

Scenario

For a user interested in momentum trading, Trade Assistant suggests combining a 14-day RSI with MACD for clearer buy or sell signals during volatile market conditions in the Forex market.

Example

Provides AI-driven suggestions for optimal entry points and calculated exit strategies based on risk management.

Scenario

The assistant detects a bullish breakout in EUR/USD and suggests an entry just above the consolidation zone with a tight stop-loss order below the recent low, coupled with a profit target at the next significant resistance level.

Example

Estimates the success probability of proposed trades using historical data and current market analysis, also assessing potential risks.

Scenario

Before executing a proposed trade on gold futures, the assistant calculates a 65% success probability and alerts the trader about the increased risk due to upcoming economic announcements that might affect gold prices.