LuccroFX app for iPhone and iPad

Luccro is a decision support engine for trading that uses Machine Learning, Pattern Analysis, and NLP to identify low-risk, high-reward opportunities for forex traders.

The foundation of technical analysis is built on the belief that price action and historical trading activity of financial securities are valuable indicators of future price movement. Detection of cyclical patterns in the past can help locate future trading opportunities.

When dealing with 24×7 markets, it is not possible to analyze all pairs of interest all the time. Luccro technical analysis tools serve as a trader’s eyes in an attempt to continuously discover patterns of interest and alert the traders to actionable data. These patterns include auto-detection of trend lines, consolidation patterns, Fibonacci analysis, candlestick patterns and confluence analysis around these patterns.

The composite analysis of these patterns leads to the location of low-risk trading opportunities, whose confidence can be further enhanced if the Sentiment analysis supports them.