#AI Indicators: Harmonia
Last updated
Last updated
The free version is available without any NFT. You can access historical datas and run backtests to Harmonia indicators datas with a data delay of 5 days:
AI EMA
AI TRENDS
AI RSI
To display Harmonia Datas on the TradingView chart:
Select the indicator on the list of available indicators
Go back 5 days behind on the chart in order to display datas.
This delay is used in order to let you test the indicator, create and backtest your strategies for free. If you want to run a bot and access harmonia real time data then you will need to buy a NFT access.
To get full access of the AI Harmonia Indicators you need the associate NFT.
Blockchain Elite decided to provide AI technology, mostly reserved for profesionnals, at an acceptable price for all.
With a NFT you can access harmonia AI indicators in real time, run bots and support Blockchain Elite in order to improve their indicator in the future.
You can purchase the Harmonia NFT indicator access for 1 month, 2 months, or 3 months. The longer the duration, the lower the cost per month.
Licence to use Harmonia Indicators with a NFT is limited:
for personnal use.
for professional use with a limit of 1 million euros in annual company revenue worldwide.
If you are a professional with more than 1 million euros of annual company revenue worldwide, please contact the Blockchain Elite team to discuss a specific license.
Harmonia represents the next-generation crypto technical indicators, developed by Blockchain Elite Labs. At its core, Harmonia is built upon a state-of-the-art neural network architecture. This innovative product harnesses data from cryptocurrency markets and offers forecasts provided at regular intervals for Ethereum.
Harmonia is a range of products created by Blockchain Elite. The version available on Runbot is V20.1-82 2022 edition. It intends is to be used on Ethereum market. Data are divised into three distinct temporal datasets that helps eliminate potential biases:
Training Data
The neural network has been trained on data up to October 30th 2021
Validation Data
The neural network has been evaluated for performance from October 30th 2021 up to April 4th 2022
Production Data
The neural network can deliver consistent prediction from April 4th 2022
On Runbot, you have access to Production Data in order to create your strategy with more than 1 Year of data, and an up-to-date neural network, biases-free thanks to the Validation Data.
This version of Harmonia delivers data every 5 minutes with a 15sec delay due to computation limitation. So, data is available at each 5m candles + 15 sec.
The raw data is a floating number that suggests:
Short term bearish forecast for negative values
Short term bullish forecast for positive values
The absolute value representing the strength of the bearish/bullish forecast.
After undergoing rigorous performance testing with a panel of traders who had the opportunity to test the indicator, users can utilize it to create trading signals based on several strategies:
Triggering trades when the indicator exceeds a specified force threshold
Identifying potential rollover areas for extreme absolute values
Detecting patterns in historical data, such as double value bottoms
Creating derivated indicator based on the variation of the values (see below)
Runbot has created 3 different indicators based on AI data.
This indicator delivers raw data output directly from the neural network. Due to the 15 sec latency, representation can be a little tricky. Let's take an example :
At 8h00m00s, Harmonia neural network is working to create the prediction for 8h00m00s. This prediction will be available at 8h00m15s.
We will need to wait the next candle to update the value. Depending on the type of candle (1h, 5m, 1m, 15sec, and so on), the representation is a little bit different, see below.
Good news ! On 8h00m15s, the data for 8h00h00s will be ready to be displayed. Then, you see on the 8h00m15s candle that refeshes every 15sec the RAW value of the neural network, for the 8h00m00s. No delay between data availability and displaying :
In order to display the raw data value of 8h00m00s on this timescale, you will need to wait for the 8h01m00s candle.
You will experiment a 45s delay because the data, available at 8h00m15s, will be only displayed when the new candle refreshes, every minute.
This one is tricky because you will need to wait the 8h05m00s candle to see the 8h00m00s value, expecting a delay of 4min45sec which is quite huge. To avoid this, consider lower Timeframes, 15s being the most precise.
Indeed, the data, available at 8h00m15s, will be only displayed when the new candle refreshes, every 5 minutes.
What is the purple zone on that timescale and bigger timescale ?
The purple zone is bounded with 2 lines: maximum value reached within the time frame and mimimum value reached withing the time frame.
It is like a candle type, but only displaying MIN and MAX value of the predicted data within the 5m candle.
Within a 5m candle, you have always two values :
value at T+00s (representing T-4min45sec value)
value at T+15s (representing T+00s value)
So when the 5m candle closes, Runbot can see min and max value between both and create the AI trend low and AI trend high, and fill the two lines with a purple area.
As written before, the data is no longer updated with real time value but rather summerized with the upper and lower bound of each prediction within the selected time frame, like a OHLC candle but only with HL values.
A big purple zone indicates that the indicator is changing radically in values within the candle
that may indicate uncertaincy if the price is stable
that is normal if the price changes, because situation can swap between bearish and bullish
A tiny purple zone indicates that the indicator is "compressing" its predictions on a specific prediction value
that may indicates form of certaincy if the price changes
that is normal is the price is stable, because situation remains quite the same
The creator of the indicator does not provide any advice about specific value and strategy to apply in order to use them.
However, because of the representation:
If you want to trade with specific value trigger, use the 15sec timescale in order to get latest AI network information without any delay. 1m and 5m timescale will display information with a respecting 45sec and 4min45sec delay.
If you want to trade with tendancy, summarized information about the AI network predictions, you may use 15m and any bigger timescale.
This indicator is a unique indicator, created by the Runbot team, based on AI data provided by Harmonia.
It's like a classic EMA, but it uses Harmonia'values in order to modify the weight of each price to calculate the EMA value.
You can select of much the AI is influencing the weight by modifing "AI factor" on the parameters of the indicator.
This indicator is a unique indicator, created by the Runbot team, based on AI data provided by Harmonia.
