Using Artificial Intelligence in Trading
Artificial intelligence (AI), which is also called machine intelligence, is a wide-ranging branch of computer science focused on building smart machines that can perform tasks, which normally uses human intelligence. In fact, AI enables machines to learn from experience, adapt to new ideas and execute human-like tasks. This advanced technology has been used to power self-driving cars, voice-activated assistants and, now, trading.

Traditional trading strategies use technical analysis conducted by humans, to assess investments and detect trading opportunities. This is done by analysing statistical trends collected from trading activities, like price movement and volume. However, when a technical analysis relies on a person’s ability to understand trends and patterns, it leads to a number of issues including human errors that may occur, biases and the limited amount of data a single person would be able to absorb.

AI-based algorithms enable the analysis of more and deeper data, since this is required to train deep learning models because they learn straight from the data itself. With the use of machine learning, new ideas can be generated, and data can be collected from an unlimited number of articles, chatrooms, and other sources.

This inspired the creation of Red Fort Exchange, a 360-degree Global Crypto Exchange and Trading Platform, which introduced AI-based algorithms meant to solve problems. It is the first platform that enables new traders to participate in crypto trading safely and without much hassle.
['Red Fort Exchange']
['Bots', 'Digital', 'Artificial Intelligence', 'Red Fort Exchange', 'Technology']