Finance Feeds logo

Japanese fintech expert Alpaca releases new AI prediction app for currencies

Maria Nikolova

The “AlpacaForecast Cloud” is a web application which leverages Alpaca’s large-scale data processing technology and deep learning technology and shows real-time forecasts for major currency markets.

AlpacaJapanCo., Ltd. has announced the release of its newest and advanced AI prediction model for currencies called AlpacaForecast Cloud for B2B solution. The service is now available via web-browser/smartphone. A free plan is also offered.

The “AlpacaForecast Cloud” is a web application that utilizes Alpaca’s large-scale data processing technology and deep learning technology and shows real-time forecasts for major currency markets. The company developed this web service to provide the most advanced AI-based market forecasting capability to the global financial community, right to their desks.

Alpaca is able to customize API connections directly into one’s platforms for the purpose of trading, hedging, risk management.

The list of new features includes:

  • Desktop/ Smartphone web browser UI (Chrome, Firefox, IE11 and later)
  • Prediction up to 30 minutes
  • Confidence levels: 0 to 100 (100 is the highest)
  • Push notifications and alarm function for over 95 (top 5%) confidence level
  • The list of currencies covered by the solution includes: USD/JPY, EUR/JPY, GBP/JPY, EUR/USD, AUD/USD.
  • Free plan available (15-minute delay and no support included)
  • API linkage available

The company offers a raft of other tools that may be used by online traders:

  • AlpacaAlgo: This product enables users to create their own algorithms by using image/pattern recognition. The tool works with 38 currency pairs.
  • AlpacaSearch: This tool, as its name suggests, performs search for a period in which the past price movement is similar to the current price movement based on the chart shape.
  • AlpacaRadar: This solution predicts Mid-Long term direction & anomalies between cross assets by using various technology stacks (US/Japan Equities, US Treasuries, FX, etc.)
Subscribe

Read this next

Technology

Tools for Brokers makes it easy to migrate to its liquidity bridge for MT4/5, cTrader, Match-Trader

“We know how hard it is to move to a new liquidity bridge, especially for prime brokers who distribute liquidity to other market participants. And we didn’t want our clients to miss out on all the functionality that Trade Processor has to offer.”

Digital Assets

Auros raises $17m to strengthen LP and market making business in Crypto

“This strategic partnership with VivCourt and Bit Digital will place Auros in a strong position to build upon our best-in-class market making offering, grow our Derivatives Solutions business and continue to expand market share in our core HFT arbitrage and relative value strategies.”

Digital Assets

Metacade Presale Hits Final Stage Before Listings, Raising Over $500k in under 24 hours

Metacade, fast becoming the most exciting GameFi project in 2023, has reached the final stage of its token presale after raising more than $500k in 24 hours, reaching a total raise of $12.4m.

Digital Assets

KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum

Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.

Digital Assets

Exness, Pepperstone, ThinkMarkets, TMGM tap Crossover’s execution-only crypto ECN

“We are delighted with the financial backing of global industry leaders in retail brokerage, market making, quantitative trading, banking, and crypto-native firms. Our consortium partners share our vision and have paved the way to create scale and opportunities for other industry participants to join our platform and participate in future rounds.”

Digital Assets

MetaMask taps MoonPay for fiat to crypto on-ramp in Nigeria

“Our partnership with MetaMask will enable us to provide Nigerian users with Bank Transfers, a widely used payment method across Nigerian e-commerce businesses. We hope this integration opens the doors for Nigerians to fund their self-custody wallet through a simplified user experience.”

Crypto Insider

Dubai Multi Commodities Centre picks Enya Labs as technology partner

Dubai Multi Commodities Centre (DMCC) has tapped Enya Labs as an ecosystem partner as it seeks to expand Dubai’s leading position as a global hub for digital assets.

Institutional FX

Advanced Markets integrates PrimeXM’s XCore trading and aggregation engine

“Advanced Markets Group has been at the forefront of liquidity innovation since its establishment in 2006. This strategic move, to further enhance our liquidity offering, is testament to our commitment to continue providing our clients with reliable and robust solutions that meet their needs.”

Digital Assets

Bybit taps Paradigm to launch spread trading on USDT-margined instruments

“We are thrilled that our collaboration with Paradigm has enabled us to provide traders with a more streamlined experience when it comes to spreads trading on USDT margined instruments. This launch further demonstrates Bybit’s commitment to bringing next level opportunities to our clients via superior trading experiences with top notch partners.”

<
✖