Biffy Ai: Comprehensive Review of TSI in Trading
Updated
Introduction to Biffy Ai
Biffy Ai is a semi-automated trading project that focuses on Marathon Petroleum; according to public sources, the project was recently introduced and offers traditional trading features combined with the latest automation and AI technologies.
With its automated capabilities, Biffy Ai project AI algorithms empower traders to make informed investing decisions. It’s like having a personal analyst right next to you while trading the financial markets, especially with its integration with the most popular technical indicators like the TSI.
Official Biffy Ai Registration
Please note that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance will be profitable.
Key features and benefits of Biffy Ai
Pros
- Low minimum deposit
- Demo accounts available
- Customizable charting tools
- A mobile trading app
- Multiple account types
Cons
- No social trading features
- Not available in the US
- Limited research tools
- No interest on idle funds
- Limited number of account currencies
*According to public sources and the platform’s website
Biffy Ai Overview
Biffy Ai uses the TSI indicator to trade Marathon Petroleum and other assets. Traders are given a signal to buy Marathon Petroleum stock when the blue TSI line crosses the red signal line from below. Likewise, the indicator warns people to sell MPC when the TSI line is above the signal line but crosses below it, it uses artificial intelligence to assess its probability of success by analysing similar patterns from the past before making a trade.
Is Biffy Ai for you?
Biffy Ai is suitable for:
- Beginners who need a guiding hand in the trading world.
- Experience traders who are seeking a project that offers AI-generated insights.
- Traders focused on Marathon Petroleum and other major trading symbols.
- Individual investors and financial enthusiasts.
- Anyone who has a smartphone and/or computer with a high internet connection.
The financial world can be overwhelming due to its complexities, extensive fundamental data, technical jargon, and wide range of financial information and trading instruments. Biffy Ai offers a solution with its robust AI system and features.
Biffy Ai focuses on Marathon Petroleum
Overview of Marathon Petroleum (MPC)
Marathon Petroleum (NYSE: MPC) is a United States-based company that refines, markets, and transports petroleum products. MPC was originally a subsidiary of Marathon Oil but split from its parent company in 2011. Marathon Petroleum pays stockholders a quarterly dividend of $0.825, which equates to an annual yield of 2.15%.
Marathon Petroleum is a highly volatile stock that regularly experiences single-day movements of 4% to 6% and sustained trends of up to around 30%. Recently, MPC has been in a downtrend, falling by 23.49% over six months. However, the stock has maintained solid long-term growth, posting returns of 2.15% over the past year, 126.11% across three years, and 131.58% over five.
MPC stock is highly responsive to global events like war and sanctions, which can impact the oil and petroleum supply chains. Governments and citizens moving away from fossil fuels toward renewable energy sources could also potentially impact its stock price. Likewise, if new petroleum sources are found, it could reduce the commodity’s price and lower Marathon Petroleum’s revenue.
Read the following section to learn how to trade Marathon Petroleum using the True Strength Index.
TSI on Biffy Ai
Overview of True Strength Index (TSI)
The True Strength Index (TSI) is a momentum oscillator, like another indicator sharing a similar name, the Relative Strength Index (RSI). The TSI indicator can be used to measure the strength of trends or to anticipate a potential reversal. It is visualized as a red signal line and a blue TSI line on a separate information chart with a scale ranging from positive to negative values.
Traders can use the True Strength Index to determine when to buy or sell Marathon Petroleum based on the interaction of the TSI and signal lines. When the TSI line crosses the signal line from below, it signifies strong positive momentum, providing a signal to buy MPC. On the other hand, the indicator signals traders to consider selling MPC when the TSI line crosses the signal line from above.
The True Strength Index utilizes three different period inputs, typically set at 13 days for the short and signal length, while the long length is at 25. Traders can change the indicator’s period to target shorter or longer-term trades. You can enter a trade on a crossover between the signal and TSI lines, but you should close the position if another crossover occurs or if the price doesn’t respect the indicator.
People trading MPC or other stocks will appreciate the TSI’s readability and versatility. It can be tailored to multiple time frames and works well alongside other technical indicators. That said, it can produce insignificant or false signals, which hampers its effectiveness.
The True Strength Index is an effective tool for measuring an asset’s momentum and producing related signals. Traders can use it to determine how much strength buyers or sellers hold and to yield trading signals based on crossovers. Experienced traders can also use the TSI to spot the divergence between it and an asset’s price, making it a well-rounded and valuable indicator.
FAQ
Currently, Biffy Ai does not offer a dedicated mobile app. However, the platform is designed with a highly responsive and user-friendly interface, ensuring it adapts seamlessly to any device. This means you can effortlessly access and navigate Biffy Ai on smartphones, tablets, and computers, providing a consistent and efficient trading experience across all your devices.
To register with Biffy Ai, simply visit their official website, click on the “REGISTER SECURELY” button, and fill in the required information such as your name and email. After verifying your email through a link sent to you, complete any additional identity verification if needed, deposit your initial funds, and you’re ready to start trading. It’s a quick and easy process to get you trading in no time.
Yes, Biffy Ai is free to access and use for trading activities. However, to initiate trading, there is a requisite minimum deposit of $250. This amount serves as your initial trading capital and is entirely allocated towards your trading transactions.
Our Conclusion
Biffy Ai offers an exciting mix of AI-powered insights, advanced charting capabilities, and user-friendly design, making it an excellent choice for traders at any level.
Please be aware that any types of trading involve risk and may lead to losses, you should therefore not invest funds that you cannot afford to lose. Always conduct your own research, understanding the risks, and plan your investments accordingly.