Utilizing a fast and reliable data feed from one of the leading financial market data platforms (used by Google, Revolut and The Motley Fool®) our system receives updated pricing data every minute.
Why only every minute?
While real-time data is available, the resolution provided by that data frequency is too high and makes pattern recognition very difficult which increases the likelihood of false positives. Even minute data can be very "noisy", but our algorithm can see through that level of noise with greater accuracy.
The algorithm
The algorithm used in our platform was developed with both accuracy and speed as priorities. The primary focus was to make sure that it accurately recognized patterns based on the parameters we use. To that end, we have 28 individual parameters that can be adjusted as needed to control the pattern recognition aspect of the algorithm.
The next focus was to make it work as fast as possible. In order to achieve the fastest speed possible, the algorithm logic has been designed for simplicity and efficiency. The algorithm code itself runs on several individual state-of-the-art cloud-based servers, each responsible for no more than 1,000 stocks. The algorithm takes an average of 5 milliseconds to analyze each stock’s data and runs every minute as new data is obtained.
This means that our platform can generate an alert in as little as 5 milliseconds after market data is received!
Realistically, alerts would be generated within 1 to 15 seconds and a dashboard notification would appear within 1 second.
The goal is to enable you to enter a trade far faster than anyone who is not using our platform which means greater profits for you.
Google is a trademark of Google, Inc., Revolut is a trademark of Revolut Limited, The Motley Fool is a registered trademark of The Motley Fool, LLC.