May 2019 Update: New Blocks, Liquidation backtests, manual buy/sell and a something new we are building

Edul Patel
Mudrex
Published in
3 min readMay 31, 2019

The month of May has historically always been the month of change. In May 2017, we started very early conversations about what can we do in crypto and blockchain. In May 2018, Mudrex was pivoting from being an India focused crypto exchange to building an asset agnostic trading platform that helps traders automate their trading.

Come May 2019, the core visual strategy builder has been battle tested with over 18 thousand strategies! Users have run ~60,000 backtests over 15,000 years of market data! We are excited about the next phase of Mudrex! We are building something that helps everyone to trade algorithmically without even knowing how to build a strategy. Subscribe on the link below to get early access before we launch publically!

Key Highlights

  • Users have now traded over 3,000,000 USD placing across ~10,000 orders on multiple exchanges via Mudrex!
  • Our trading community on discord is now over 500 members strong! If you haven’t already, join here:

As always, the team has been working super hard building out products that users want. Below is a quick update!

Exact Block

Just like the ‘ANY’ block the ‘EXACT’ block triggers an event when multiple conditions connected to it are true. Some times you need exactly ‘m’ of ’n’ conditions to be true. ‘EXACT’ block solves for that problem. Read more about it here.

Liquidation testing for Bitmex

Backtests with Bitmex is now even more accurate. Mudrex can take care of Liquidation in you backtests helping you trade better with leverage. Read more about it here

Liquidation testing

Manual Buy/Sell

Strategies are supposed to run in an automated way. Interrupting your strategy typically leads to more losses than gains. Having said that, in some scenarios, users do need to be able to enter a position or exit a position because of sudden price movements. Mudrex provides the facility to open a new position or close the current position depending on the trade you are doing. Read more about it here.

5 new indicators

Mudrex has over 150 different indicators on the platform but that does not stop our users from wanting more! To help our users out, we added 5 new indicators to Mudrex this release

Apart from these, we have worked on ~40 other bugs and small issues to improve user experience, reliability, processing speed and handle edge cases. As always, our product roadmap is driven by our users and we look forward to hearing your feedback!

Welcome to the new Mudrex.com

Happy Trading!

--

--

Edul Patel
Mudrex
Editor for

Building Mudrex.com. We help traders automate their trading strategies without writing code Check us at