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Andrea Yates: 20 years since the tragedy that shocked the nation

HOUSTON, Texas (KTRK) — It was a tragedy that saddened the nation and brought postpartum illness into the spotlight. On June 20, 2001, Andrea Yates drowned her five small children one by one in the bathtub of her Clear Lake home.

Yates, who is now 56, was tried twice for the deaths of her children.

In 2002, she was convicted of capital murder and sentenced to life in prison. Her conviction was later overturned based on false testimony.

A second trial in 2006 resulted in a verdict of not guilty by reason of insanity. Yates was sent to Kerrville State Hospital, a mental health facility, where she remains today. She has now spent a third of her life institutionalized.

Twenty years after the tragedy, ABC13’s Jessica Willey is hearing from those who saw the case unfold in the ABC13 Original “Andrea Yates: 20 Years Later”.

Yates’ former attorney and friend George Parnham shares how the case changed his career and gives a glimpse into her life now. Former paramedic John Delbosque also talks about why he will never forget that dark day, and Joe Owmby, lead prosecutor in both of Yates’ trials, discusses the testimony that led to her murder conviction being overturned.

“She’s where she wants to be. Where she needs to be,” said Parnham. “And I mean, hypothetically, where would she go? What would she do?”

Yates, a former nurse, called 911 for help after she drowned her children. She laid out John, 5, Paul, 3, Luke, 2 and 6-month-old Mary in the bed. Noah, 7, was still in the bathtub.

“He was face down and kind of bobbing in the water, and that’s when I realized she drowned them,” said Delbosque.

Delbosque has never spoken publicly about that day.

“I’d say it was my worst call,” he said.

In interviews with HPD, the 36-year-old said she killed the children because she was not a good mother. Yates also told a Harris County psychiatrist she wanted to save them from Satan.

Her husband, Russell “Rusty” Yates was at work at NASA when the drowning happened. Despite losing all of his children, he stood by her.

“She loved those kids,” Rusty said to a throng of media in 2001.

Yates had attempted suicide twice, was admitted to psychiatric hospitals and treated for postpartum depression and psychosis before the drownings. A doctor warned the couple about having more children, in light of Andrea’s illness. However, Mary was born in November 2000.

In 2005, an appeals court overturned the conviction based on false testimony by one of the state’s expert witnesses.

Dr. Park Dietz testified that Yates got the idea about drowning her children from an episode of Law & Order, however no such episode existed.

Owmby said he and his team were blindsided by the testimony but did not expect it to have such a great impact.

There was a new trial in 2006 with a very different outcome.

“Thank goodness Dr. Dietz did what he did,” said Parnham.

For 14 years, Kerrville State Hospital has been Yates’s home. Parnham said he thinks of her like a daughter and still talks to her often. She comes up for review for release every year and waives it every single time.

At 80 years old, Parnham is still practicing law. He said Andrea’s case has changed how people view mental illness, especially when it comes to the law.

As he reflects on the last 20 years, his only wish for Yates is that she is comfortable. He said she is happy and still remembers her first words to him.

“She said, ‘Please don’t leave me alone,’ and I haven’t at all,” he said.

Download our free app on your favorite streaming devices, like Roku, FireTV, AppleTV and GoogleTV to watch this story and more ABC13 Originals. Just search “ABC13 Houston.”

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Copyright © 2021 KTRK-TV. All Rights Reserved.

Author: KTRK

This post originally appeared on ABC13 RSS Feed

Samuel Olson's mother speaks for first time since 5-year-old boy was found dead

HOUSTON, Texas (KTRK) — The mother of 5-year-old Samuel Olson spoke out Tuesday for the first time since her son’s body was found in a motel room in Jasper, Texas, and said his father shares some responsibility.

“I don’t see how he couldn’t, with all the evidence that has now been brought to light, how are you not involved?” Sarah Olson said when asked whether Sam’s father, Dalton Olson, was to blame.

Theresa Balboa, Dalton’s former girlfriend, is charged with tampering with evidence, in particular a human corpse, in connection with Sam’s death. Houston police believe she hid and moved the boy’s body. Investigators have said more charges could come.

“He was sweet. He was very obedient. He was definitely a momma’s boy,” Sarah said during a news conference at her attorney’s office on Tuesday. “I always loved when he called me beautiful.”

Sarah started with a moment of silence and a prayer for her son. She stood next to Sam’s favorite toys and pictures from home.

Sarah said Dalton took Sam in January of 2020 and never gave him back. The last time she saw him was for his 5th birthday in May of last year.

“When I got there, he told me, ‘I knew you would come,” she said. “And he basically stood with me the whole time. I was planning on taking him home that day. I was stopped.”

Sarah said she tried to work through the custody issues legally but described the court system as “slow.” Her attorney said Dalton, who did not respond to ABC13’s request for comment, avoided being served papers for months.
Balboa is being held on a $ 500,000 bond for the tampering charge, in addition to a $ 100,000 bond for an assault with intent – impeding breath charge from November 2020.

Prior to the investigation into Sam’s death, she was out on bond for the assault charge. The complainant in that case was Dalton.

Prosecutors requested a higher bond saying Balboa was a flight risk.

READ MORE: Horrific new details in death of 5-year-old Houston boy

An autopsy identified the child found dead in Jasper as Samuel. The little boy died by homicidal violence, officials determined. The cause of death was blunt head trauma.
Investigators said Balboa was in the motel room where the boy’s body was found.

Sarah said Sam’s body remains at a funeral home. She wishes to have him cremated and has not made a decision about whether there will be a public memorial.

Sarah previously spoke through her attorney about the charges against Balboa, whom she met only once.

“Theresa is in custody, but she also strongly believes that the adults, you know, the child’s father, should also be in custody, because she feels 100% that they both have something to do with this,” attorney Marco Gonzalez said. “So, she’s hoping, you know, praying that he also will be taken into custody. So that justice can be done for Samuel.”

RELATED: Timeline: What happened to Samuel Olson?

Follow Jessica Willey on Facebook, Twitter and Instagram.

Copyright © 2021 KTRK-TV. All Rights Reserved.

Author: Jessica Willey

This post originally appeared on ABC13 RSS Feed

Samuel Olson's mother to speak today for the first time since 5-year-old boy was found dead

HOUSTON, Texas (KTRK) — The mother of 5-year-old Samuel Olson is speaking Tuesday for the first time since her son was found dead two weeks ago in a Jasper, Texas, motel room.

Sarah Olson is holding a press conference at 6:30 p.m. with her attorneys in Houston.

ABC13 will stream the press conference live in the video player above.

Theresa Balboa, the former girlfriend of Samuel’s father, Dalton Olson, is charged with tampering with evidence, in particular a human corpse, in connection with Samuel’s death.

She’s being held on a $ 500,000 bond for that charge, in addition to a $ 100,000 bond for an assault with intent – impeding breath charge from November 2020.

Prior to the investigation into Samuel’s death, she was out on bond for the assault charge. The complainant in that case was Dalton.

Prosecutors requested a higher bond saying Balboa was a flight risk.

READ MORE: Horrific new details in death of 5-year-old Houston boy

An autopsy identified the child found dead in Jasper as Samuel. The little boy died by homicidal violence, officials determined. The cause of death was blunt head trauma.

Investigators believe Balboa was in the motel room where the boy’s body was found.

Authorities also believe Balboa was on her way to Louisiana when she was arrested in Jasper.

Sarah previously spoke through her attorney about the charges against Balboa.

“Theresa is in custody, but she also strongly believes that the adults, you know, the child’s father, should also be in custody, because she feels 100% that they both have something to do with this,” attorney Marco Gonzalez said. “So, she’s hoping, you know, praying that he also will be taken into custody. So that justice can be done for Samuel.”

The video above is from a previous report.

RELATED: Timeline: What happened to Samuel Olson?

Copyright © 2021 KTRK-TV. All Rights Reserved.

Author: KTRK

This post originally appeared on ABC13 RSS Feed

2 Million Board U.S. Flights for the First Time Since Pandemic

More than two million travelers passed through U.S. airport security checkpoints on Friday, the first time since March 2020 that such a milestone had been reached, according to the Transportation Security Administration.

“The growing number of travelers demonstrates this country’s resilience and the high level of confidence in Covid-19 countermeasures,” Darby LaJoye, a T.S.A. official, said in a statement issued on Saturday. “T.S.A. stands ready to provide a safe and secure screening process as part of the overall travel experience.”

The agency screened 2,028,961 travelers on Friday, almost four times more than the 519,304 people that passed through security checkpoints a year earlier. Friday’s number is still only about 74 percent of the total on the same date in 2019, according to the T.S.A.

Air travel came close to hitting the two-million mark on the Friday before Memorial Day in May, when more than 1.95 million people went through security checkpoints, according to the T.S.A. Still, significantly more Americans preferred to travel by road for Memorial Day weekend. Before the holiday, AAA said it expected about nine out of 10 travelers would drive to their destinations.

Before the start of the pandemic, an average of about 2 million to 2.5 million travelers were screened daily by the T.S.A., according to the agency. Since the pandemic, the lowest screening volume was recorded last year on April 13, when fewer than 88,000 air travelers went through security checkpoints, the agency said.

The Centers for Disease Control and Prevention announced in April that fully vaccinated Americans could travel at low risk.

Author: Jesus Jiménez
This post originally appeared on NYT > U.S. News

US to experience 1st solar eclipse since 2017 tomorrow: How to watch

NEW YORK — For the first time since 2017, Americans can watch a solar eclipse from their backyards!

In the early morning of Thursday, June 10, the moon will block the sun and cast a shadow on Earth.

People in parts of Canada, Greenland, and northern Russia will see the “ring of fire,” or annular solar eclipse. Since the moon is too far away from the Earth, it will not entirely block out the sun, creating the illusion of “a dark disk on top of a larger, bright disk” in the sky, according to NASA.

This path of totality is so narrow that its estimated only 20,000 people live in that path.

Sub-arctic skygazers are still in for a treat. Those in the northeast U.S., eastern Canada, northern Asia and northern Europe will experience a partial eclipse.

This means the moon will only partially obsecure the sunlight, as if it had taken a bite out of the sun, according to NASA. In some U.S. locations during the eclipse, the sun will look like a crescent but won’t have the “ring of fire” effect.

Unlike last month’s lunar eclipse that dazzled the West Coast, next week’s celestial phenomena will be visible in the U.S. along parts of the southeast, northeast, midwest and in northern Alaska. The eclipse will occur before, during, and shortly after sunrise, according to NASA.

WATCH: Can’t snag eclipse glasses? Make your own!

The eclipse will start at 4:12 a.m. ET and will end at 9:11 a.m. ET in the northeastern U.S. The time of maximum eclipse varies by location, according to the Farmer’s Almanac.

In New York City, for example, the maximum eclipse will be visible at 5:35 a.m. with 73% of the sun covered. The sun rises just minutes before, at 5:24 a.m.

The eclipse visible from Chicago will obscure 82% of the sun at its peak — but only the tail end of the eclipse will take place after the 5:15 a.m. sunrise.

Astronomers have emphasized that while it’s safe to view this eclipse, do so only by using eye protection such as “eclipse glasses” or a solar filter.

ABC contributed to this report. Video provided by AccuWeather.

Copyright © 2021 KTRK-TV. All Rights Reserved.

Author: KTRK

This post originally appeared on ABC13 RSS Feed

1,500 Austin homes sold for $100K over asking price since Jan. 1

AUSTIN (KXAN) — New data from online real estate brokerage Redfin further illustrates how wild the Austin housing market has been in 2021.

Redfin says more than 1,500 homes have sold for more than $ 100,000 above asking price since the beginning of 2021 in Austin, and 72 of them sold for more than $ 300,000 over the asking price.

At this time last year, only 22 homes had winning bids over $ 100,000 over the asking price.

The year-over-year gap is even wider for homes that sold in a range of $ 25,000-$ 99,999 over the asking price. Last year, from Jan. 1, 2020 to May 23, 2020, 353 homes in Austin sold in that range. This year, 4,535 homes have sold for that far over asking.

John Dawson, a Redfin agent in Austin, says people are pulling out all the stops to secure a home here.

“I recently sold a home that was listed at $ 565,000 and closed at $ 715,000. We received about a dozen offers — which is actually a low number by today’s standards,” he said. “The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house.”

Listing data shows that 74% of homes in Austin sold for above asking price, and the typical home sold for $ 35,000 more than the asking price. Redfin released data earlier in the week saying prices for high-end homes, the most expensive in the city, jumped 24% year-over-year.

Housing market summary for Austin metro, April 2021

Median sales price $ 465,000
Median sales price, year-over-year 42.3% increase
Homes sold, year-over-year 33.1% increase
All homes for sales, year-over-year 19.1% decrease
New listings, year-over-year 35% increase
Median days on the market 24
Median days on the market, year-over-year +8
Share of homes sold above asking price 73.7%
Share of homes sold above asking price, year-over-year 42.9% increase
Source: Redfin

Due to the massive increase of sales over asking price in April, the Austin housing market had the nation’s highest price growth with median sales jumping 42%. The median sales price for a home in Austin is now $ 465,000, according to Redfin. They note that some of the year-over-year data regarding price growth could be exaggerated because the COVID-19 pandemic brought home buying and selling to a screeching halt last April.

Even so, Redfin says Austin is one of the most desirable places for people to move, specifically due to the pandemic. Nearly 40% of searches on Redfin’s website for houses in Austin were by users outside of the area, up about 7% from the year before. The out-of-towners also have a bigger budget, according to Redfin’s data. Those folks are willing to spend an average of $ 855,00 compared to a local’s budget of $ 650,000.

Dawson said while it’s certainly a seller’s market, people who decide to sell can’t ask for too much, too fast. They’ve got to entice people with a realistic price, and then perhaps the bidding wars will start soon thereafter.

“Some sellers are listing too high and receiving lukewarm interest,” Dawson said. “I’m encouraging sellers to price their homes realistically because some of the ‘comps’ aren’t truly comps; some are cases of an extremely motivated buyer who was willing to pay way over asking price to secure the home they wanted.”

Author: Billy Gates
This post originally appeared on KXAN Austin

How Our Yorkshire Farm family have changed since the first show

Since 2018, we have tuned into the show highlighting the county of Yorkshire in a unique way, demonstrating what life up in the dales is really like.

However, as the fourth series draws to a close, a few things have changed since we first met the Yorkshire Shepherdess?

Viewers were first introduced to Amanda Owen and the rest of the family when they first appeared on Ben Fogle’s New Lives in the Wild.

And due to its success, the family won their own TV show and while Ravenseat may still be as remote as ever, many dedicated fans now feel they know the family personally.

The woman herself has gained over 300,000 followers on Instagram alone, and it’s not just the show that has caused that.

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Amanda Owen Huddersfield-born Yorkshire Shepherdess
Amanda Owen Huddersfield-born Yorkshire Shepherdess

Amanda had written books as far back as 2014 and they’ve only grown in popularity as fans have seen more of the Shepherdess on their screens.

In the debut episode of the show, the family battled the Beast From The East, which they told viewers was one of the worst storms in a generation.

Next, the family tackled Christmas and before enduring one of the hottest summers on record.

It’s a far cry from the most recent series where the events have been broken down into more episodes as fans clamour for more.

It’s also where watchers were first introduced to the children and their unique childhoods.

So we know Clive is constantly hard at work and remains on the farm.

His work life has changed very little, but Amanda’s has branched out to appearances on shows such as Steph’s Packed Lunch and to give talks at festivals and events.

It’s estimated that now, Amanda has roughly a million pounds in the bank and viewers of season 4 will know the couple have invested in new land and property.

But it’s the kids who have really changed beyond all recognition.

Amanda dropping Raven off in York for uni
Amanda dropping Raven off in York for uni


Back in 2018, Raven was the older sister who looked after all of the little ones.

She was Amanda’s right-hand woman, helping shift the workload and create the happy family atmosphere we all love.

Since then, however, Raven has moved out.

She studies at the University of York and hopes to help work on the Covid-19 vaccine as she nears the end of her degree.

Series 4 has seen her return home periodically for holidays and to check in with the family.


Reuben was 14 when the show began and had a reputation for always tinkering with something.

He was still known as the hero with the little kids, helping them battle the cold weather and getting them home when they needed.

Series 4 saw Reuben gets his GCSE results, which he passed with flying colours and he began an apprenticeship as a mechanic.

He’s been given a moped as he now has a long commute.

Back at Ravenseat, Sidney has stepped into his shoes for helping to fix things.


When the show began, Miles was said to love farming. He still very much loves Ravenseat but he’s added a new string to his bow.

Fell running is now his strength, with series 4 showing his talents for running through rivers and across steep gradients.

The Mucker Show in the nearby village has seen Miles win a fair few trophies, and when the Owen family created their own, Miles came out on top too.

Miles is incredibly proud of his skills, telling viewers: “the most time people have won this cup is three times, but obviously I can’t do this year so hopefully I can do it next year.

“I want to win, and I want my parents to be proud of me.”


Edith is one of the quieter Owen kids and is one that began quietly getting on with the farm chores, and has continued to do so.

She helps both with farm animals and the younger kids.

She’s known, just like she was at the beginning to be good with sheep and is thought to be wanting to pursue a career as a vet eventually.

Violet is in charge of looking after Ciara
Violet is in charge of looking after Ciara


Violet was initially know as the tomboy of the family, and as the show has developed, she has really come into her own.

She’s had viewers in stitches in the most recent episode as she attempt to teach the resident cow Ciara some manners.

The calf has convinced herself she’s human and now Violet is attempting to teach the cow not to eat socks.

Violet is also known, and has been from the start, great with helping the younger ones and was seen giving Clemmy guidance as she began at school.

Sidney is a budding farmer
Sidney is a budding farmer


Sidney was considered the cute one of the family, appearing on the show at just six years old and playing the part of shadow to older brother Reuben.

Now with Reuben gone from the farm, he’s really come into his own.

He’s been given more responsibilities in recent years including now having his own sheepdog to train and a whole flock of sheep to tend for.


Another of the quieter Owen children, Annas has remained so.

She likes to stay out of the limelight, much like elder sister Edith.

She’s been seen on recent episodes joining in the Muker race with little sisters Clemmy and Nancy as they made their own, shorter version.

Clemmie and Tony got to say goodbye on the first day of school
Clemmie and Tony got to say goodbye on the first day of school


Clemmy was introduced as the baby of the family and she still very much is, alongside little Nancy.

She’s stolen the hearts of all fans, as the little one’s personality has really begun to shine, alongside her love for Tony the pony and her tendency to make remarks that cause viewers fits of giggles.

It’s not every child that will confuse baby Jesus with a baby named Bob.

Nancy is currently the only one not in school or away from home
Nancy is currently the only one not in school or away from home


Nancy was just a baby when she first appeared on the show and was often overshadowed by her elder siblings.

Yet in recent episodes, we’ve finally been able to see her personality.

Now the only child remaining on the farm during work days, she’s the apple of her mum’s eye, taking care of Tony the pony whilst Clemmy is at school and many viewers consider her a mini-Raven.

Author: [email protected] (Jess Grieveson-Smith, Kirstin Tait)
This post originally appeared on Hull Live – Celebs & TV

A Timeline of What Has Happened in the Year Since George Floyd’s Death

OCT. 12

A 33-foot-high monument that had stood for more than 150 years is toppled at a rally on Indigenous Peoples’ Day. Protesters used ropes and chains to pull down the obelisk, which was dedicated to Union soldiers who fought Civil War battles in New Mexico. It featured an inscription that honored the “heroes” who had fought against “savage Indians.”

Oct. 26

Two Philadelphia police officers fatally shoot Walter Wallace Jr., a 27-year-old Black man who was armed with a knife.

In a video that circulates on social media, someone yells repeatedly at Mr. Wallace to “put the knife down.” The camera points toward the ground as about a dozen shots are heard. After Mr. Wallace falls to the ground, his mother screams and rushes to his body.

Nov. 3

After winning the Democratic primary because of overwhelming strength from the party’s Black voters, Joseph R. Biden Jr. wins a decisive victory over President Trump, capturing the White House along with Kamala Harris, the first woman, first Black person and first Asian-American to serve as vice president. (The race, however, is not called by the news media for several days.)

Mr. Trump’s defeat, the rare ouster of an incumbent president after one term, comes after four chaotic years in which he fostered stark divisions among Americans, including his relentless scapegoating of migrants and people of color. Still, in an election that draws a surge in turnout among every American voting demographic, Mr. Trump wins larger percentages of voters of color in 2020 than he did in 2016.

Mississippi voters approve a new state flag with a magnolia flower and red, yellow and blue stripes, replacing the one from 1894 that featured the Confederate battle emblem. Rhode Island voters approve the removal of “and Providence Plantations” from the state’s official name.

Dec. 22

Andre Hill, a 47-year-old Black man, is killed by a police officer in Columbus, Ohio, weeks after a Franklin County sheriff’s deputy killed Casey Goodson, a Black man, setting off a round of protests against police brutality.

Author: Giulia McDonnell Nieto del Rio, John Eligon and Adeel Hassan
This post originally appeared on NYT > U.S. News

Rob Lowe says Montecito has not been 'the same’ since neighbours Harry and Meghan moved in

“It’s a lot of genetic pain and suffering that gets passed on anyway so we as parents should be doing the most we can to try and say, ‘You know what, that happened to me, I’m going to make sure that doesn’t happen to you’. 

“It’s hard to do but for me, it comes down to awareness.”

The Duke explained how his experiences are what prompted his move to the US

He continued: “I never saw it, I never knew about it, and then suddenly I started to piece it together and go, ‘Okay, so this is where he went to school, this is what happened, I know this about his life, I also know that is connected to his parents so that means he’s treated me the way he was treated, so how can I change that for my own kids?’

 “And here I am, I moved my whole family to the US, that wasn’t the plan but sometimes you’ve got make decisions and put your family first and put your mental health first,” Prince Harry finished.

This post originally appeared on Daily Express :: Celebrity News Feed

VORTECS Report: While Bitcoin gained just 10% since Jan 3, this crypto trading strategy netted 2,150% ROI

Bitcoin may be suffering through a succession of negative news stories, but some crypto investors are still celebrating major gains in 2021’s altcoin bull market.

Since January 3 this year, Cointelegraph Markets Pro has been live-testing 42 separate automated strategies based on the proprietary VORTECS™ algorithm developed in partnership with The TIE, a data analytics firm.

Let’s not be humble about this: VORTECS™ has crushed it.

Of those 42 strategies, every single one has beaten the return on investment (ROI) delivered by Bitcoin for hodlers who refuse to part with their BTC.

And even when compared to holding an evenly-weighted basket of the top 100 altcoins, 88% of those strategies come out ahead.

What’s more, the most successful strategies — whether based on the time between an entry position and a hypothetical exit, or exiting a position based on crossing a new score threshold — have delivered in excess of 2,000% returns as of May 22 — even after multiple pullbacks in the crypto asset class. In fact, the most successful of all (Buy 80 / Sell 80) has generated returns of 2,150%.

That compares extremely favorably with the strategy of holding Bitcoin (10% ROI) or the basket of altcoins (226% ROI) since January 3.

In the chart above, which is based on exiting a position at an arbitrary time (24 hours, 48 hours, 96 hours or 168 hours) all VORTECS™ strategies beat Bitcoin… and only one failed to beat the altcoin basket.

In this second chart, based on exiting at a second score threshold, all VORTECS™ strategies beat holding Bitcoin, and only four failed to beat the altcoin basket.

So what is VORTECS™ — and why is it consistently outperforming the wider crypto market?

What is VORTECS?™

The VORTECS™ Score is an algorithmic metric derived from historical analysis of crypto markets.

For each one of the ~200 crypto assets supported by Cointelegraph Markets Pro, the algorithm is hunting for moments in time that resemble the current marketscape — 24 hours a day, 7 days a week.

Specifically, it’s looking for patterns that have consistently led to significant changes in price in the past.

Those patterns include a variety of factors: Volume, Outlook, RealPrice, Tweet Volume, Elevation, Confidence, and Sentiment… or VORTECS™ for short.

Volume: A measure of how much of an asset is traded across supported exchanges.

Outlook: A measure of whether the current market conditions are favorable or not, compared with historically-similar conditions.

RealPrice: A composite price derived from an average of prices across relevant exchanges, discounting outliers based on low volume.

Tweet Volume: A measure of the absolute and relative number of tweets about an asset over the past 24 hours.

Elevation: A measure of how far up or down an asset’s price moved following historically-similar market conditions to those observed currently.

Confidence: The degree to which current conditions are similar to historic conditions, with higher confidence also including the consistency of asset price moves following those conditions.

Sentiment: The positivity or negativity of the chatter on Twitter surrounding the crypto asset, derived from a complex proprietary algorithm developed by The TIE.

The algorithm combines all of this raw data into a VORTECS™ Score, which is designed to identify the general health of the market for a particular crypto asset. A high score suggests that in the past, conditions similar to those we see right now have often led to increases in the price of that asset. The higher the score, the more confident the algorithm is that these scenarios have been consistent.

Like any trading algorithm, that doesn’t mean it’s a crystal ball — in fact, it’s almost exactly the opposite. Whereas fortune tellers look into the future, VORTECS™ looks into the past.

But it turns out that examining the right elements of history provides keen insights for crypto traders who are seeking an edge.

How Markets Pro measures the VORTECS™ Score’s performance

Cointelegraph Markets Pro testing tracks the price of an asset when the score crosses a threshold (for example, a score of 85) and then measures the price again when it crosses a second threshold (which could be another score, or could be measured in hours). The difference between the first and second prices is the gain or loss that the algorithm tracks… and there’s more detail on that here.

So even though a human couldn’t trade exactly this way, by applying a consistent set of standards it’s possible to establish whether an algorithm is operationally successful or not. And the verdict is very clear: VORTECS™ has consistently and significantly outperformed the crypto market as a whole since live-testing began earlier this year.

And perhaps just as importantly is the fact that even with a major pullback in the overall value of the crypto markets, which lost close to a trillion dollars in value at the low point this week, the performance of all the VORTECS™ strategies tested continued to outperform the benchmark currency, Bitcoin, by a significant margin.

Using the VORTECS™ Score

Remember, the score is not a prediction of how an asset price WILL change over time, but an analysis of how asset prices HAVE changed over time when faced with similar market conditions.

So the VORTECS™ Score, while it is weighted to take account of the size of asset price change in the past, will not tell you HOW MUCH an asset may change.

It will also not tell you WHEN it will change — in fact, the algorithm is deliberately fuzzy on time, meaning that it is normalized and smoothed to ensure that abrupt outliers (such as a sudden viral tweet) don’t abnormally affect the overall trend.

While the algorithm is generally oriented to a 12-72 hour timeframe, testing revealed that efforts to “time the market” precisely introduced an element that was not supported by historical data.

So let’s take a look at an example score of 85.

This is a high score which means that there is some combination of these factors:

  • The algorithm has found market conditions in the past that look similar to current market conditions
  • Those historical conditions often led to an INCREASE in asset price over the next 12-72 hours, approximately
  • The price changes in the past have been significant
  • The algorithm maintains a high level of confidence that the set of conditions it’s looking at are similar enough to suggest that the overall direction of this asset’s price is currently bullish, or positive.

The 1,500+ crypto traders in the Cointelegraph Markets Pro Discord group, which is available exclusively to members, have used these scores in a wide variety of ways to enhance their understanding of the current market health for dozens of crypto assets.

And while massive ROI numbers like 2,150% are at the extremes of VORTECS™ success, it is worth noting that the mean ROI from all score-based strategies is 642%, while the mean ROI from all time-based strategies is 638%… both of which are significantly higher than the benchmarks set by BTC (10%) and altcoins (226%).

Cointelegraph Markets Pro is available exclusively to members on a monthly basis at $ 99 per month, or annually with two free months included. It carries a 14-day money-back policy, to ensure that it fits the crypto trading and investing research needs of subscribers, and members can cancel anytime.

Important X

Cointelegraph is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial advisor before making financial decisions. Full terms and conditions.

Author: Cointelegraph By Cointelegraph
This post originally appeared on Cointelegraph.com News