In this part of the article on CINDX.Hub we’ll focus on the editor of algorithmic strategies and various kinds of bots available on the platform.
Editor of algorithmic strategies with the possibility of historical testing (ASE)
This block is a highly functional code editor (C #, Python) that allows experienced developers to customize and fine-tune their strategies, but we also have a simplified system in place for creating trading algorithms based on pre-built components, that also allow a certain degree of customization.
Types of strategies created depending on their tasks:
- Buy / Sell is the main strategy that will implement the purchase and sale of an asset.
- PA (Position averaging) is a method used to distribute the value of an asset by averaging its value. This can also be very useful when the position has slipped into the red. Increasing the size of the position with DCA will also reduce the drawdown percentage.
- RS (Reverse Strategy) is trading in the opposite direction. This allows users to sell the asset that the users had bought (and it is now dropping in price) to buy back at a lower price, and then sell it at a profit.
- (TS) Trigger Strategy — these strategies can influence the trading system. For example, they can turn on / off the PA, RS, Buy / Sell.
Trading bots on CINDX.Hub
Trading bots within the CINDX system are a set of trading strategies that operate within the trading system in accordance with their own rules and TS rules if they are programmed in the trading bot. To work, a trading bot must contain at least 1 strategy of type B / S, while PA, RS and TS strategies are optional.
Algorithmic Strategies Control Panel
This block is a web interface that allows the creators of algorithmic strategies to monitor the actions of trading bots, as well as to debug and adjust them.
The block consists of several panels providing the trader with all the necessary information.
The My Bots panel is represented by blocks, each of which provides a trading robot created by the Manager / trader.
The following information is available for every robot:
- Name
- Status
- Selected strategy (B\S, RS, TS AS)
- Open position size
- Base Asset
- Mode ( Live/ Test)
- P/L
In the detailed view of each bot, the user has access to the following statistics:
- Performance — General performance overview and trading history.
- Account Value — The actual amount of funds in the account on which the bot is running.
- Today’s Profit — Daily performance results.
- Portfolio Growth — Portfolio growth displayed for a certain period of time (a week, month, quarter or user-defined date range).
Lite Algorithmic Strategy Editor
This tool is a ready-made set of algorithmic trading tools created by CINDX with customizable settings. This particular option is suited for investors as well as for less experienced traders.
For Traders it will be useful as a set of ready-made bots, such as:
- Accumulation Bot — A bot that allows users to gain a position at a certain price level without affecting the price.
- Ping Pong — A simple scalping bot that will be useful in combination with manual trading.
- Market Making Bot — This one will create two or more limit orders at a given percentage of the current price. When both orders are executed, the bot will create two limit orders again.
- Order Bot — Works as a Pocket of orders in the Trade Terminal. Users can create a group of pending orders and create a rule for sending them to the exchange.
- Email bot — This bot integrates TradingView alerts received via email.
- Trend Line Bot — This bot works with line sets. The set contains 2 drawn lines and an additional stop loss.
After adding such a trading robot, the user will see it appear in their Algorithmic Strategies Control Panel.
There is also the option to use ready-made trading robots, where the user is only asked to adjust the risk level of the trading algorithm and the frequency of transactions. These tools are suitable for beginner investors and traders who are getting acquainted with algorithmic solutions.
As you can see, the functionality of CINDX.Hub is quite flexible and it caters to the needs of both experienced and novice traders, allowing the latter to get a quick start in just a few clicks, and the former to profit from their hard-earned experience by fine-tuning complex algorithmic strategies and making sure they are executed automatically just the way they planned it.
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