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Artificial Intelligence

  • Published: Friday, 16 October 2020

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Alpha Trader Expert Advisors

Expert Advisors

Expert Advisors can be attached to charts so that a popup alert will display anytime a buy or sell strategy generates a signal. 

To create an Expert Advisor, open a chart, and click the Expert Advisors, Create New Expert Advisor menu.

Simply type a name, description, message, a buy script, and a sell script (using the TradeScript).

The message will be displayed in the popup window whenever an expert advisor generates a signal. Users may enclose constants within brackets, separated by a pipe character. For example, users may write text such as the following: "The SMA just crossed [over|under] the close, generating a [buy|sell] signal". The first value will be interpreted for long positions while the second value will be interpreted for short positions. User can also use HTML formatted text such as <b></b> for bold, <font color=red></font> for red text, etc. Users can save his/her script by clicking on the Save button and can also check the preview of the user’s scripts by clicking on the Preview button, an Alert popup message will appear showing the message user save in the EA script at the bottom of the screen.

Apply Expert Advisor

Using this option in Artificial Intelligence, users can apply various EA on the charts to generate Buy or Sell signals. There are 35 public Expert Advisors are available in Alpha Trader. Users can also use the Expert Advisor made by the user himself.

Users can also view the public expert advisor script.

Edit Expert Advisor

Using this option in Artificial Intelligence, the user can also edit EA made by him. After selecting the EA, click on Edit Selected EA and the user will be able to edit EA.

Note: Users will not be able to edit any of the public EAs.

The user can also delete the EA made by him.

Consensus Reports

Consensus Reports are simply groups of Expert Advisors that are processed simultaneously and the results are aggregated into one ranking value. Users may access this feature by opening a chart then selecting Consensus Report in the Artificial Intelligence menu. Simply select one or more Expert Advisors then click the Apply button. The Consensus Report will list the generated signals for each selected Expert Advisor, along with a ranking value represented inside a gauge. 

Note: The report will be generated by taking the previous 10 bars into consideration. 

Pattern Recognition

The Pattern Recognition feature of Alpha Trader allows users to search for patterns within the currently selected chart. To use this feature, open the Chart, Pattern Recognition item from the main menu.

A dialog will display. Select <launch pattern designer…> from the list.

Use the pencil icons to draw a pattern then enter the appropriate settings in the text boxes below. Please refer to the Advanced Pattern Recognition documentation for a complete overview of these settings. After clicking on the Save button, return to Alpha Trader and select Chart, Pattern Recognition again. The pattern created by the user will be listed. Simply click on the pattern to search for it within the currently selected chart.