The market is strongly influenced by the perceived direction of its price movement. Pilot is unique because it is the only system in the world based on real-time sentiment and perception analysis of market participants’ activities. By analyzing the psychology of other traders, the algorithm is able to predict whether there is an opportunity approaching and how much room there is left for price movement.
The perception algorithm predicts whether the price will converge to the trend or vice versa, effectively displaying how much room there is left for price movement. This is done by taking in all the measured cognitive indicators and applying the latest artificial intelligence to quantify and confidently report the current overall market perception.
This signal allows an overall view of whether bullish sentiment has reached its exhaustion level (overbought level) or the bearish sentiment has reached its exhaustion point (oversold level).