OLTO Trading Ideas saves you around two hours a day on analytics. Our progressive analytical algorithm uses various progressive technologies including AI. Trading ideas are generated automatically using a quantitative approach and assessment of past price behaviour after such events occur.
Traders face high uncertainty due to a lack of understanding of the market and low to medium trading performance. OLTO Trading Ideas will Improve your knowledge of analytics. We provide comprehensive basic analytical information on each trading idea, including the optimum position holding time, take profit and stop loss based on 20 years of testing calculated by OLTO's algorithm.
As a result, you will better understand the market and improve your trading efficiency.
OLTO Trading Ideas generates a minimum of 20 (on average 30) trading ideas per week with unique explanations. We analyse 6 types of markets: stocks, ETFs, indices, crypto, commodities and forex for the 5 most popular instruments from each group, 30 instruments in total. For each instrument, the algorithm tracks the occurrence of one of 13 candlestick patterns in real-time. In addition, the idea is filtered through 5 statistical tests over the instrument's 20-year history.
OLTO Trading Ideas is designed to provide you with an unbiased foundation for your decision, rather than relying on rumours and emotions. We believe that a systematic approach to trading, based on analytics and data, will enable you to make successful decisions.
Signals work effectively in conjunction with an understanding of where the market is moving. Signals alone, as a direct guide to action, do not work. This is an issue that most traders are not aware of. We would be happy to tell you something like "according to the latest research of British scientists, the future can be predicted," but we believe that the trading edge is not here. Predicting market trends means predicting the future. And no matter what anyone says, no one can predict the future. However, it can be anticipated, sometimes very successfully.
Dispelling illusions: there is no "make money" button and there never will be!
As mentioned above, OLTO Trading Ideas analyses 6 types of markets for the 5 most popular instruments from stocks, ETFs, indices, crypto, commodities and forex for the 5 most popular instruments from each group. For each instrument, the algorithm tracks the occurrence of one of 13 candlestick patterns in real-time. In addition, the idea is filtered through 5 statistical tests over the instrument's 20-year history:
We run the MFE/MAE test to determine the optimum time to hold an open position.
We calculate the mathematical expectation and probability of a positive outcome of the generated ideas using 20 years of the instrument’s historical data. We only generate ideas with positive mathematical expectations.
We check how the instrument’s price behaved after the generation of the same signals in the past. We plot the price's average value and movement trajectories according to the signals' appearance in the prior periods in order to have an idea of how the price may behave after the generation of a signal.
We look for the optimal size of stop-loss on the instrument for the generated idea, based on the instrument's 20 years of historical data.
We look for the optimum take profit and stop loss ratio for the generated idea, based on the instrument's 20 years of historical data.
Additionally, we apply idea filtering using machine learning techniques. Using a wide range of indicators for the instrument and market, we train the AI to determine the probability of a positive outcome of the generated idea for the current market status. We generate only those ideas for which the AI anticipates a probability of a positive idea outcome greater than 55%.