Neironix and Frofins UO Announce the Launch of a Signal Bot for Cryptocurrency Trading
Frofins UO is engaged in artificial intelligence, trend forecasting and market analysis technologies. Frofins software solutions analyze cryptocurrency rates, fiat currencies, quotes of precious metals markets, commodity and foreign exchange markets, as well as stock market.
Through the efforts of the team, algorithms were developed to predict the change in the rate of 7 cryptocurrencies: BTC, ETH, XRP, LTC, BCH, TRX and NEO on the popular cryptocurrency exchange Binance. The forecasting methods used by the solution from Frofins UO are based on the company's own development, which uses the search for statistical patterns in the data. Prediction methods based on neural networks and random forests are also used.
The product has been implemented in the form of a Telegram bot that sends signals indicating the trend “up” or “down” for the next hour or 24 hours. The accuracy of the bot based on the results of working with it at the moment is above 65%. Our testing showed that using the right strategy allows you to make a profit of about 10% of the deposit per day.
Neironix lead analyst Evgeny Biktimirov wrote in his preliminary summary on working with the bot:
The profit received per day was +12%*. Strategy: for all issued signals, the deposit was divided equally (from 2 to 7 parts, depending on the number of received signals). The signal was closed if 0.2% increase was reached, or if the decrease was 0.2%. After signal processing, reinvestment was made. According to this strategy, on December 3, the pure deposit growth amounted to +12% with an average transaction throughput of 69%. If we take into account the patency of transactions for the previous 7 days (from 51 to 69%), then we can say that the average profit for one trading day was about 10%. This is +300% per month. That is, if you invest 10,000 rubles in the bot, in 30 days you will have 40,000 rubles in your account with current statistics.
*Please note that this profit does not take into account the exchange сommissions. On average, it must be divided by 2 to produce a net profit figure.
Neironix together with Frofins UO launch a test period during which everyone can use the signals absolutely free. Join the test, try to use forecasts in your strategies and create new ones!
Bot with signals: https://t.me/NEIRONIX_SIGNALS
Discussion: https://t.me/neironix_ru