How ROFX profitable algorithm works2017-12-26T13:48:35+00:00

How ROFX profitable algorithm works

One factor that makes unique compared to other trading platforms, is the artificial intelligence that runs behind the scenes completing trades on behalf of our customers. We use a self-learning neural network to ensure that not only do our robots continue to work tirelessly, but they also learn at the same time. It means that the robots know more about trades this year than last year, or even last week. So how does this make for profitable and safe trading for our customers?

What is an automated Forex system?

Automated Forex systems have become more popular in recent times due to the ease of use. You don’t need complicated software, special knowledge or even a vast amount of money to invest. All you need is a computer with an internet connection and a sum of money that you are willing to use for your trades.

In regular trades, the work is manual, and this places more emphasis on the individual. You must start learning by practising trading, so you build your confidence beforehand. However, with automated trading, the system does the hard work for you.

The algorithm

But how does an automated trading platform know what to do? It knows for two reasons – one, because expert advisors program in a wide range of algorithms to help them understand what they are doing. And two, because platforms like use AI to learn more about the trades as they make them thus getting better at what they do.

For example, an expert may train the AI in Ichimoku charts, also known as equilibrium charts. They show more data points and therefore are a more reliable price action – they have become a favourite tool for manual trades! Experts teach the AI about Ichimoku charts, and then the robot applies the data to trades.

Another example of what makes up an algorithm is the Elliot wave principle. It is a type of technical analysis used to study market cycles and then forecast market trends, using a wide range of factors such as investor psychology and highs and lows in prices. While it has been around since the 1930s, the principles of the Elliot wave are still relevant in Forex trading today.

Self-learning network

Our robots stand out from other automated trading platforms because they are created with self-learning neural networks. So, while experts teach them the basics of candlestick trading, Fibonacci trading and or fractal trading, the network will continue to build on its knowledge by applying the data to trades thus improving the results. Due to the use of using artificial intelligence our robots are learning every day and make less mistakes.

Inside the self-learning system lay algorithms which analyse charts and information in many ways to choose the most profitable and least risky trading strategy.

The robot first began trading eight years ago and since then, it’s knowledge base has increased dramatically. We have been through some turbulent times in that period, which have all helped the robots to develop and learn more about trading and the many different factors that play into it. Currently, 23,000 people are using the platform for their trades, all contributing to the learning of the robots and their continuous development.

Safe investment

The system is profitable more times than not, and this means a higher chance of return for our clients. But we also have other safeguards in place to help protect the money users invest because our customers are the most important thing to us.
For example, negative trading results are covered by a reserve fund and the system has a stop-loss measure in place to minimize losses on a bad day. Added to that don’t use leverage, so we never borrow money and only trade with our and our customer’s funds which minimalizes risk. It means we can safeguard your resources and allow you to trade with complete confidence.