Q: Hello again, How often do you update the models?
and based on what criteria (time, performance) if the existing model need to change?
Using Forex as an example, I have seen models can get adjusted every 3-4 mo or every 6-12 mo depending on various factors. How many times have you modified it since the inception of this tool and the frequency?
Mahesh_OVTLYR
May 15, 2024A: Our last model update happened over a 8 months ago . Now there is a bit difference here that I want to point out ...We do have a feedback look to retrain our modelsvery frequently as it need to learn from what already happened for the current day. We have an end of the day process where model learns the ground truth and offcourse it looks at what we predicted so that it can improve/correct course going forward.....
Our next major update will be very soon ( few weeks to a month from now ) ...In this update you will see improvements on our buy/sell signals...Why we are doing that? We see there are few gaps today in our signal ...like Buys are bit delayed in some cases. Sometimes there are unnecessary buy/sell signals when it's not needed....sometime avoiding a market pullback is better than catching that quick buck.....it sounds like a simple problem but our R&D team has been on it non stop from last 4+ months and we are getting very close to tail end of it....Will it be perfect ...no ....but I personally would feel much comfortable in semi-blindly trusting my own signals ( I always look at few other factors which I will always do )
I hope it answer your question ( I am not very aware with how often Forex signals get updated as I don't trade currency pairs )
Mahesh