Based on Technical Analysis, and ForexGPT Sentiment Score

As ForexGPT continues to evolve its value add for our premium subscribers of the Forex Rates suite, we are pleased to announce the launch of AI-generated Trading Signals which are now live and available within the premium version of our SaaS application for web and mobile. Get immediate access here or read below to learn more.

ForexGPT Trading Signals were launched in March 2024, and are now available across 126 assets and 22 times frames within the application (login here)

Note that if you are a premium subscriber, you can click on the link below to generate the latest analysis on this asset and time-frame (notice the EUR/USD and the time frame parameters are encoded into the link): https://live2.forex-gpt.ai/chart/EUR_USD-2023-02-06T22:59:25.000000Z-D-B

How do the ForexGPT trading signals work?

When a chart is loaded within our application, either manually by clicking the green “open new chart” button, or when you are redirected from the Chart URL from ChatGPT, within less than a minute AI-generated technical analysis is performed on the chart parameters, before assessing for a potential trading signal.

  • These include analyzing the Open, High, Low, and Close price of the last candle, and values for the simple moving averages, including the 7, 14, 50, 100 period, and Bollinger Upper, Middle, and Lower bands, and the Donchian Upper, Middle and Lower bands.
  • Then, the ForexGPT Sentiment Score is assessed, and depending on how these are all interacting, a neutral signal means the model is suggesting to do nothing, whereas a bullish or bearish signal will accompany stop-loss and take-profit targets, as an example.
  • Below is an example of a Weekly chart on BTC/USD that produces a long trade signal (note, this is not a trade recommendation, just an example of how the AI-generated Trading Signals and Analysis can perform for premium subscribers.

In the below example, no signal is generated given the price action being indecisive according to the model.

Free daily tokens: Every generation consumes tokens, roughly 2700 per technical analysis request by ForexGPT (which includes AI-generated trading signals too), and premium subscribers get a daily quota of 5400 free tokens every 24hrs (UTC midnight reset).

  • Free tokens do not carry over each day and reset to zero before the daily quota is added (learn more about ForexGPT tokens here).

To consume more than the free tokens each day and run more analysis, purchase premium tokens that don’t expire. Note: we may or may not mark up our tokens costs that are passed on to you, to cover costs, or even operate at a loss selling to you more tokens than what your monthly subscription amount could pay for. As a result, we have launched premium tokens that will allow us to scale in response to your needs and our user’s demand (read more about that here).

Add 100,000 tokens to your ForexGPT balance for just $10

Analyze more markets

premium Tokens never Expire

Premium tokens: While these values are subject to change, it’s important to note that you can purchase premium tokens from us which do not expire like free tokens do each day, with a minimum block of 250,000 premium tokens for just $12.50, which will last for roughly 92 ForexGPT-powered technical analysis and trading signals. Note: All token usage (free tokens and premium tokens) is triggered only when you click to open a chart, or click on a chart URL link, and every time you just refresh the chart page, including when switching between tabs in your browser, including on mobile.

For instance, let’s say you switch between browser tabs, each time you return to the ForexGPT tab in your browser, if you are on a chart page, the automatic or manual page/url refresh will trigger the AI-generated analysis which will consume your token balance and cost us OpenAI API tokens.

When your token balance is zero or too low for a new analysis, you will get a message that not enough tokens are available, and the opportunity to top up your token balance. Note: free and premium tokens from ForexGPT cannot be redeemed for cash, and are non-refundable (while your monthly subscription costs are subject to our refund policy).

Below is an example link that will trigger AI-generated advanced technical analysis for premium subscribers, including sentiment score, and trading signals for the following chart URL:

Advanced usage:

Every time ForexGPT runs its analysis, if the Sentiment Score is too close to Neutral (0), ForexGPT will generate a Neutral Trading Signal, which means it niether suggests buying nor selling. This means it can be helpful to scan through different assets and timeframes, looking for securities that will generate a buy or sell signal, before diving deeper into the AI-generated analysis. We will be launching a screener and button to use exclusively for consuming premium tokens, so that it will not cost you any tokens to scroll through assets and various chart timeframes, so you can choose which assets to run the AI-generated analysis on (as of May 2024, this feature is not yet added but you can still consume premium tokens on the asset of your choosing). Note: a Very Bullish or Very Bearish Sentiment Score does not always mean that ForexGPT will generate a signal as it also takes into consideration other chart parameters, including the values of moving averages, and other indicators that we utilize.

About ForexGPT Trading Signals: We have not tested the efficacy of these Trading Signals and outcomes can vary, even if all conditions are the same, two users can still experience drastically different results. This remains a highly experiment service, use at your own risk.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Disclaimer: This AI-generated trading signal service from ForexGPT LLC is provided for informational purposes only and should not be interpreted as investment advice, a recommendation, or an offer or solicitation to buy or sell securities or engage in any particular investment strategy. The signals generated by our AI are based on historical data and should not be relied upon as the sole basis for making investment decisions. Users should be aware that all trading involves risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns.

The creators of this AI-generated trading signal service – ForexGPT LLC and its affiliates and developers- do not guarantee the accuracy, completeness, or timeliness of the information provided and are not responsible for any losses or damages that may arise from its use. Investors are advised to conduct their own due diligence and consult with a qualified investment professional before making any investment decisions based on AI-generated trading signals. By utilizing this application, users acknowledge and accept the terms outlined herein, in addition to our standard terms and conditions available on https://forex-gpt.ai/terms-conditions.