AiWave is a cutting-edge Artificial Intelligence (AI) indicator that uses cutting-edge machine learning technology to forecast market reversals. By analyzing historical data, it effectively determines the expected location of a current reversal and the subsequent most likely point of the next reversal. This information is visually conveyed via a dot at the end of a dashed line representing the current reversal location, accompanied by an elliptical area that signifies the associated uncertainty. When the likelihood of a reversal is identified, the indicator will show a forecast of the next most likely location of a reversal with a diamond marker at the end. A dot will continue to forecast the expected turning point that has not yet been established. The dot and uncertainty area will turn red and then will be surrounded by a red outline to indicate the imminence of a reversal.
AiWave runs on the NinjaTrader platform and does not require any special hardware. It needs to be trained on each individual instrument, and its accuracy depends on the amount of available data. Typically, intraday data yields better results as it can provide more data. To optimize forecast accuracy, AiWave offers a range of AI training parameters for fine-tuning the indicator.
AiWave is a highly advanced tool for traders seeking to elevate their market analysis capabilities. By harnessing the power of artificial intelligence and machine learning, it empowers traders with valuable insights into market reversals. Allowing them to make more informed decisions, potentially leading to enhanced trading outcomes.
How to install...