Avorak AI begins Beta testing of Bitcoin trading algo

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Avorak AI begins Beta testing of Bitcoin trading algo PressRelease

Many traders have found the past year incredibly difficult to make profits. With the market seemingly on an endless downtrend and only insignificant bounces being witnessed, it’s easy to understand why some people may require help in order to generate an income from trading.

In addition to this, trading algorithms that work solely on technical analysis can remove the hindrance of human emotion from the equation allowing traders to enter when the market looks the most fearful which usually results in the greatest profits. Currently, the project is in the ICO stage, and if they can prove their product is already market-leading by the time the token comes to launch, this could result in very bullish price action.works by making thousands of simulated trades to analyze which of the indicators works best on a particular asset. It will then use these indicators to make trades or suggest trades on behalf of the trader.

 

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