Artificial Intelligence Models for Stock Market Prediction and Analysis

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Artificial Intelligence Models for Stock Market Prediction and Analysis

Artificial Intelligence Models for Stock Market Prediction and Analysis
Artificial intelligence trading software has remained effective, with the optimal AI
trading systems such as Tickeron and Trade Ideas providing stock bots with transparent trade
performance history. The advancement of the cheap computing power, bandwidth,
availability of cloud services, and maturing AI and other machine learning languages, which
implies that TrandSpider, Tickeron, as well as MetStock could provide mature systems to aid
the investors in fining trades. As machine learning and artificial intelligence permeate the
people’s daily lives, typically, the attention mainly focuses on the AI for stock market
prediction. According to several research conducted on the AI trading software indicates that
the leaders within software are Tickeron and Trade Ideas. The trade ideas software has
automated AI trading Bots and a proven track record, while Tickeron provides about 34 AI
stock trading systems plus numerous hedge fund-style AI model portfolios, with audited track
records (Enfroy). Moreover, the rules-based AI and the day trading bots within stock
assessment software are become universal. Nevertheless, deep learning and machine learning
software are still in their initial stages. Therefore, the paper explores various AI stock trading
software, incorporating their key features, with their pros and cons.
One of the AI-based software used in stock trading is the Trade Ideas, TI, which is a
powerful intra-day stock scanner plus a ton of different pre-formatters built-in scans that
offers the active intra-day traders with myriad opportunities (Cameron). Further, TI is a
fixable, customized, and configure platform with extra add-on options, which incudes ‘Holly
Grail’ the AI powered robo-advisor engine, and is applied in analyzing set-ups via numerous

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simulated cases to mainly drive the trading recommendations (Brown). Though TI platform
can be considered as intimidating when first encountered by novel users, it progressively
becomes significant tool that is crucial in the stock market forecast. Since its introduction in
2002, TI has developed and has been reinvented to become perceived as one of the optimal
stock marker scanners. Also, the platform has two main pricing approaches besides the free
restricted option, which is launched through the website and essentially allow access to its
live curated workplace and moderated trading chatroom with between 15- and 20-minutes
delayed price quotes. However, it two pricing strategies includes the standard plan, which is a
separate platform the consists of the free TI attributes with real-time streaming quotes
(Moore). The other pricing strategy is the premium plan primarily encompasses of all the
attributes within the standard plan and 20 concurrent charts, entry and exist signal, AI-based
trading assistant Holly, and risk assessment. Thus, the main feature of TI can be linked to its
ability of enabling 10 or 20 chart windows that is based on individual’s subscription strategy.
This attribute makes it more convenient for the investors to directly pull up charts on the
platform, instead of applying a distinct charting platform to assess the candidates (Dave).
Also, the users can add price alerts on the designated charts. Despite TI’s numerous
advantages, its main drawback is that it is only supported by US and Canadian markets.
Another AI-based softer is the Black Box Stock, which is a stock and options scanner
that applies real-time algorithms, advanced social media parameters, and an inclusive
assortment of tools to predict stock market prices and values (Jason). Further, its main
fundamental attribute is convenience since it displays everything on a single screen, as well
as all the legal work of consistently monitoring 13000 stocks, and provides options severally
on its servers. The software offers a powerful platform with various unique functionalities
and outstanding tools for trading stock and options, along with a strong community and
realistic prices (Gavin). Also, fast and precise real-time data is applied in streaming the prices

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for over 8 000 stocks and includes up to 90 000 options contracts (Zelvis). However, its main
feature is linked to the software being a stock screener, since it fuses market information with
enhanced AI algorithms. Also, the screener employs certain technologies perfected by the
HFTs, high-frequency traders, on the wall street (Dave). Thus, it emphasizes on the most
essential scanning functionalities and offers a substantial set of pre-defined scanning logics
alongside different filters to aid in finding the optimal stock to trade (Dan). Additionally, the
platform offers features such as top ten gainers, volatility indicators, real-time news, alert
stream and alert log, which are significant in stock trading decision making.
On the other hand, Kavout is a cutting