Editing Key ideas of MarketPawns (section)

===Models Classification===

Implementation of [[UMG models|UMG technical analysis models]] to predict price development variants with a certain probability is based on 3 components:

*Models Description

For each UMG model, dozens of calculated parameters are computed, which can be used to classify any model. Using software algorithms developed over a couple of years we have compiled a database of several million models and for each one of them classification data includes more than a hundred parameters.

*Execution Control

In addition to the calculated parameters, we have developed a system of parameters to describe the price development after a model appears on the chart. This stage is referred to as "model execution". The group of parameters characterizing model execution is collectively called "control parameters".

*Forecast Evaluation System

By comparing calculated parameters and control parameters on the historical price data, models can be classified by types and probabilities of forecast execution. In other words, by comparing calculated and control parameters in hundreds of thousands of cases, we (or AI) can predict control parameters based on calculated ones before the "execution of the model" occurs.