MyFxBots Perceptrader AI Articles, News & Updates

The AI field recently witnessed a surprising shift with Anthropic taking over OpenAI. The following is a recap of what happened. Recently, Anthropic's Claude 3 Opus, the most advanced AI bot in the world, has risen to the top spot on the LMSYS Chatbot Arena Leaderboard, surpassing both GPT-4 and Gemini Pro (previously known as Bard), both of which were previously considered front-runners. What led to this? Founded by former OpenAI employees, Anthropic launched its own business...

Valery Trading kicked off the year with a promise in their New Year's announcement to update all their Expert Advisors, and now it's time to deliver. A few days ago, they announced the release of the v2.18 update for Perceptrader AI, an extensive update they've been passionately working on for several months! In this update, they've incorporated over 30 new parameters. These new features boost Perceptrader's Performance...

Seeing what technologies lie ahead of us in future AI developments would be interesting, wouldn't it? It is not possible to predict the future, but we can do the next logical thing - we can use prediction markets. If you haven't read the previous post about them, this can give us some indications of what to expect. This post will be divided into three parts. We will begin by discussing the most recent AI advancements ...

Humanity may end up extinct in the near future. Prediction markets are the most popular tool humans invented for predicting the future, which is a pretty bold claim. Let's take a closer look at this concept: Imagine a world of brilliant experts, experts in a variety of fields, working night and day to predict the future. What would they come up with? Wouldn't that be awesome? A team like this already exists, and it's called the market.

It's worthwhile to know what the best-performing AI language models are and how they compare since Perceptrader AI EA uses large language models to help with market analysis. This topic deserves a closer look. Different AI model LLMs can be compared to each other and measured in several ways. The LLM performance can be evaluated using a variety of methods, thanks to a resource made by professional computer scientists. Three different ways of measuring performance are presented in a simple table.

Since releasing Perceptrader AI, Valery Trading developers team claimed that they received many suggestions to improve the Expert Advisor and make it more flexible for different types of traders, with different needs and wants. Therefore, they've made a compilation of all of them and implemented the ones that can enhance the EA the most.

Last week, we observed trending price action on the AUDCAD and NZDCAD pairs. You can see what it looked like in the screenshots. Any grid system trading long during this movement would have got a drawdown. However, the Perceptrader AI's ChatGPT/Bard filter kept us safe from it as it has clearly forbidden any buy positions for the whole week. Of course, that's just one example, but it demonstrates how it works. The ChatGPT/Bard filter detects higher chances of trending downside movements —> notifies traders about it —> Perceptrader AI refrains from trading in the direction opposite to the potential trending movement.

After the very recent release of Perceptrader AI a few days ago, here are the answers to the 10 most frequent questions asked by its users: Is Perceptrader AI an upgrade of Waka Waka? There's not a lot of similar code at the core of them, despite the fact that they are both mean-reversion grid systems. As a machine learning EA, Perceptrader AI learned market rules and dynamics completely by itself.