No. There is never an API call to any artificial intelligence provider at any point in our trade execution process.
Our system is 100% programmatic, driven by pre-set rules and indicator readings.
We have been utilizing rule-based automation since the first version of our main algorithm in 2019 where no artificial intelligence service was available to the public. The finance industry has been pioneering the use of automation, with its initial applications dating back to the 1980s.
Although AI technology is now available to the general public, its impact on broader markets remains limited due to systems's like Blackrock's Aladdin longstanding presence within the finance sector.
As a result, when encountering products that claim to use AI for trading, it's essential to exercise caution. The availability of AI technology to the public now empowers users to develop their own trading models, but it's crucial not to fall prey to untested or unreliable products from inexperienced operators that could put your funds at risk.
Given that automation has been a standard practice in finance for an extended period, any recent claims of AI utilization in trading should raise red flags. Therefore, it's vital to thoroughly research and assess the credibility of such products before investing to ensure your financial security.
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Automated Trading Guide: Insights on mechanics and risks.
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Glossary: Definitions for cryptocurrency and trading terms.