ELVA Forecast

What is ELVA Forecast?

ELVA Forecast is a sophisticated trading indicator that implements probabilistic analysis to predict future price movements.

It leverages advanced techniques like the Monte Carlo method and neuron mathematical models for accurate predictions.

The forecasts are based on historical data, thus simulating real market conditions and eliminating artificial biases.

The indicator trains on the history of cause and effect samples, generating a cumulative effect sample, also known as a forecast.

Predicted trends are visually represented on the chart, with candles changing color to indicate potential market movements.

Alongside price levels for stop-loss and take-profit, it assists traders in making informed decisions based on upcoming trends. 🌟

Opening positions is done according to forecasts indicated by yellow candles.

If a stop-loss is hit, but the forecast remains valid, traders are encouraged to re-enter the market.

Positions are ideally held for the duration indicated by the forecast; this prevents second-guessing and emotional trading. 📈

HistoryDuration: Determines the length of the learning history.

ForecastDuration: Sets the length of the forecast duration to display forthcoming trends.

ForecastAcceptableTendency: Specifies the acceptable tendency level for the forecast based on Average True Range (ATR) analysis.

It serves as a powerful tool in your trading arsenal, providing a probabilistic edge over traditional trading strategies.

Designed for practical application, it should be employed as a supplementary tool rather than a standalone strategy.

The hallmark of effective trading is having proactive tools that help navigate the complex waters of the Forex market. 🧭

Symbol	Price	Today Forecast	Week Forecast	Month Forecast	Year Forecast
	0 +%	0	0	0	0
E ELVA ELVA	1.7400 -12.12%		1.9467	2.4433

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