FREQUENTLY ASKED QUESTIONS
Need to know more about how Metis works? Get answers to all your questions on this page.
Metis is an advanced AI that uses machine learning to predict breakouts in cryptocurrencies. It tracks over 1600 different coins on multiple exchanges and currently consists of an auto-trader, a coin signal service, and a Telegram market information fetching bot. By adding new services and features to its ever-growing platform, Metis is becoming more and more powerful every day and aims to become an all-in-one research portal for cryptocurrency trading and research one day.
Metis currently consists of a web crawler, a sentiment analysis engine, a fundamental analysis engine, a technical analysis engine, a social trend analyzer, and a trade simulator that constantly assign scores to different cryptocurrencies based on their calculations. The results are then combined together, and a final score is assigned to each coin before a new signal is given. All in all, the platform consists of over 55 different scripts (growing every day as new features/services are added) that run 24/7 on 6 different servers performing different tasks.
The calls from Metis are highly accurate and have a success rate over 95%.
Metis is currently compatible with Bittrex, Binance, Cryptopia, and Kucoin, with more exchanges to be added in the future.
Yes, Metis has a lot of checks in place due to which it uses stricter algorithms while assigning scores to coins in bear markets to protect users from bad trades. Due to this, the calls it gives out in such markets may not offer a very high return.
The web crawler crawls the web 24/7 and collects data from different sources such as social networks, forums, event websites, TradingView.com, etc. The collected data consists of all kinds of stuff such as upcoming events, social trends, what people are talking about, etc. and is then used by each individual component to assign a score to each coin.
The sentiment analysis engine uses the data collected by the web crawlers to see what people are talking about, after which it analyzes the overall market sentiment and compares it with the individual sentiment for each coin before finally assigning a score to it.
The fundamental analysis engine uses the web crawler data to assign individual scores to each coin by looking at their fundamentals, i.e., forum feedback on the idea/whitepaper, upcoming and future events, price increases from previous events, etc.
The technical analysis engine consists of hundreds of advanced trading strategies and algorithms that look at the technical indicator data for each coin and assign scores to them based on the results from these technical studies. Not only this, but the TA engine also looks at the overall market conditions, trends, volatility, caps, etc. and switches strategies automatically whenever required based on its findings.
The trend analyzer looks at current trends for each coin (web searches, social network mentions, hashtags, etc.) and compares their results with the past to see what is being talked about the most at the time and why.
The Metis trade simulator is where most of the magic happens! The simulator consists of some really advanced algorithms that use Artificial Intelligence to assign final scores to each coin by using the scores from each individual component and then compare the current market conditions with similar market conditions from the past. Based on the results gathered from its findings, new trades are opened automatically with relevant strategies if the scores assigned are high. If not, no real trades are opened, and the simulator then simulates trades with multiple strategies to collect data, which is then used for future predictions.
Metis was born as a trading experiment by its founder, Krish Puri, in August 2017. After working on and testing the idea for a few months, Krish was very impressed from the calls it gave and opened it to the public through Twitter in October 2017. Since then, Metis has given hundreds of high return signals and has lived through 4 major market crashes and a global pandemic.
The Metis Signal Service is a part of the Metis platform which uses the prediction components from the rest of the platform to find short-term and medium-term trades. Once it comes across a potential trade, it does additional checks on the coin and then gives out a new signal if all the checks are passed.
The average duration of each call from the Signal Service is about 15 days. However, if your goal is to take quick small profits, you can exit the trade within 0-2 days.
The calls from the Signal Service NORMALLY give out returns between 5–200%, with some calls having given out even 500%+ in the past (in the same 15-day trade duration period).
The free and paid signal services both use the same strategies and algorithms to find trades with the only difference being that the paid service gives many more signals than the free one and its signals are of a much higher quality.
The best way to use the Signal Service is to jump on the calls immediately as soon as they come out and then close the trade when you’re happy with the profits. And to make sure you don’t miss out on a signal, make sure you have your notifications switched on for the Metis AI Pro Telegram Channel.
Since a large number of people jump on a call as soon as it comes out, it is perfectly normal for this to happen (especially for free signals). If the coin does end up retracing, it is highly likely that it will go back up again soon.
This is how Metis works! Its web crawlers crawl the web to see what other people are talking about, after which the other Metis components do their own checks on those coins. And if everything looks good, a new signal is given out.
The Signal Service currently delivers all its signals via the Metis AI Pro Telegram Channel.
However, we do plan on adding support for email notifications in the future.
Yes, before opening a trade, always remember that the Metis AI Signal Service is only a tool that’s here to make your life simpler and easier for you. It is extremely accurate, however, the returns from it are not guaranteed. So please keep this in mind before putting a large amount into any trade. Since the volatility rate in crypto markets is extremely high, a good rule of thumb would be to only put in what you can afford to lose.