AI Boom and Crash Spike detector

Howdy Trader!

What if there was an AI-powered model that would inform you when a spike is about to happen?

What if I also told you it’s free of charge?

Would you believe me?

Whether you believe me or not, the AI has landed!

More specifically, we are dropping it here for you to try out.

Keep reading!

The model is mainly used to predict trends on a live video feed of charts.

It’s supposed to work more or less like your eyes.

It “sees” the charts and tells you whether the trend is about to be on an uptrend or a downtrend.

I have modified the model to work with images instead.

After all, videos are images stitched together!

Let me explain with an example:

Assuming we want the AI to work on the 5-minute timeframe, We get the OHLC of the last 100 bars.

We then use the OHLC to draw their values on a blank canvas

We then feed the canvas to the model so that we can get a prediction.

Depending on the prediction, we can take action as needed.

Here is a sample of what the predictions look like:

I know it doesn’t look like these are candlesticks but they are! I have normalised them to values between 0 and 1 then scaled them up to fit the canvas.

Here is a gif of what the predicted images stitched together look like:

This smaller size also speeds up computation time.

The model is not perfect but can be a good signal for trend reversals.

On backtest, the model has a 54% win rate.

I took it a step further and added the EMA 200 to determine the trend. The strategy now is: