The neural network collects and analyses data 24/7 and provides forecasts for various cryptocurrencies’ exchange
rates. There are three types of forecasts: for 24 hours, for 48 hours and for one week. Depending on the type of
forecast and the chosen cryptocurrency, the accuracy of the forecast spans within the range of 70-90%.
The project is targeted at anybody interested in trading. It provides an accurate and uncomplicated platform that
is clearly comprehensive for all levels of trader. It cuts though the time wasting miniscule details to provide a
stream line analysis of market information. It aids traders to channel their strength into more worthwhile and
important projects rather then consume them with pages of unnecessary data. This project opens up possibilities
for newcomers who are just entering the exchange trade, serving as a powerful, reliable user friendly tool.
The analysis takes less than a second and comprises the essential aspects of technical analysis, such as technical
analysis patterns and signal indicators.
NeuroBot’s algorithm is based on LSTM-network (Long short-term memory) coupled with Gradient Boosting - another
machine learning technique.
The program will be further enriched by introducing the remaining elements of technical analysis (Fibonacci
retracement, Elliot wave theory) and fundamental analysis, which will include news analysis to determine the
positive and negative tendencies of the market.
Thanks to the abilities of neural networks, NeuroBot is constantly learning to better correspond to the state of
the market, to make more accurate forecasts and improve the quality of the resulting work.