The CINDX.TRADE Block of The CINDX Trading System

CINDX
CINDX
Published in
4 min readJun 14, 2019

The CINDX project is a revolutionary system designed to help anyone willing to enter the crypto market make profit by relying on the best strategies applied by the most experienced traders in the world.

To be able to achieve trading efficiency, a module is needed that will allow platform users to connect to Managers and conduct trading. The CINDX.trade component solves the problem of carrying out cryptocurrency trade operations on various exchanges.

CINDX.trade includes the following modules:

  • Trading terminal (Trading Terminal)
  • Remote control panel (AS dashboard)
  • Internal marketplace (Internal market)

This block is a software interface for performing trading operations with crypto assets on exchanges, as well as analyzing the state of the cryptocurrency market.

Overview of the terminal

The entire terminal is built on the Drag and Drop principle. Each Workplace user can customize it for specific tasks. For example, Workplace 1 can be configured as a standard terminal, while Workplace 2 can act as a dashboard. Such a solution allows each user to customize their Workplace in accordance with the specifics of their particular trading strategies and trading rules.

As all the components of CINDX are inextricably linked, the Manager has the ability to integrate the AS dashboard units of their panel from CINDX.trade and the Algorithm Strategies Control Panel (Monitor) from CINDX.hub, as well as any other elements from any CINDX component in their Workplace.

The next function available to any Manager or Trader is the possibility of placing complex exchange orders. In most cases, trading platforms provide very meager selections of exchange orders, the main of which are:

  • Limit order — an order that one can place in the order book with a certain marginal price. The price limit is determined by the user and the transaction will be executed only if the market price reaches a marginal price (or higher).
  • Market order — a quick buy or sell order at the best available current price.
  • Stop-limit order — a pending limit order that is placed on the trading platform when the stop price specified by the user is reached.

The CINDX Trading terminal will support 2 groups of exchange orders:

  • Exchange Orders — orders that are provided by the API trading platform.
  • Smart Orders — orders that the CINDX system executes.

Having an internal market data service allows users to place different types of orders, even if they are not on the exchange. These tools allow CINDX users to increase trading efficiency and minimize risks. The instruments used for increasing trading efficiency on CINDX are the following:

  • Step sell
  • Trailing Stop Loss
  • Trailing Take Profit
  • Price following percentage
  • Stop Loss
  • Take Profit
  • Step Sell (ladder) — allows users to sell or buy a coin in parts when the price increases or falls.
  • Trailing Stop Loss — a stop loss order that follows the price of a coin.
  • Trailing Take Profit — an order designed to maximize profits. For example, an order was closed at about $108.8 and this generated 8.8% of the profit instead of the expected 5%.
  • Price following percentage — the maximum deviation down from the maximum price after reaching the Take Profit level.
  • Stop Loss — when the price drops to or below the specified price, the system will automatically close the order.
  • Take Profit — when the price rises to or above the specified one, the system will automatically close the order.

For the convenience of the user, the Pocket of Applications function has been implemented in the terminal. This is a list of pending orders with the ability of sending them to the trading system simultaneously or selectively.

The CINDX platform is already up and running with many of the base modules needed for trading operational. The system will soon be launching additional components and attracting users with some of the most advanced trading instruments on the market. Stay tuned for more news and updates from CINDX.

About CINDX

CINDX is an investment platform that allows individuals to combine several crypto exchange accounts into one trading terminal, and gives them the option to connect to the best managers without having to transfer their funds. Moreover, implementation of blockchain-based transactions will allow the trading history to be saved, and a rating system will be used to differentiate the successful managers from the less successful ones.

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CINDX
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