Mid Nov 2018 Tech Update
This is week 7 since we launched Mudrex in beta and it’s been a crazy ride till now! We have been growing at ~20% week over week with >200,000 hours of backtests runs, ~1300 strategies created, ~25K USD traded with strategies making ~3% over market on an average.
At Mudrex, our single goal is to help traders automate more and more of their trading. We get a lot of insights to achieve the same is by listening to users like you. Building a scalable automated trading system takes ~100000 USD and 5–6 months. We want to give you the same institutional scale experience at 1000x cheaper costs and the ability to get started in mins instead of months. This is our №1 priority.
The team has been busy building a lot of useful features that help you make better strategies. Below is a summary of what we launched in v1.2 of our release:
New Volume Block
Trading volume is an important parameter used for trend confirmations by a wide variety of traders. The Volume block helps traders set up such conditions and then use them to make buy and sell decisions. You can read more about it here.
New Trend Block
Traders are always on the lookout for both short-term and long-term trends in markets and they get there by looking at how prices are moving. The ‘TREND’ block helps traders identify both ‘bearish’ and ‘bullish’ trends quickly. You can read more about it here.
New ‘ANY’ Block
‘ANY’ is a new logic block that helps you trigger an event when any ’n’ of the connected blocks are valid. This greatly increases flexibility in how traders can set up conditions and improve profit per trade. You can read more about it here.
New improved Price Block
In the first version of the Price Block, you could only compare price changes compared to the previous buy/sell price. With the current update, you can choose from multiple other price values that help you create conditions like trailing buy, max/min/avg etc. You can read more about it here.
Heikin-Ashi candles
Heikin — Ashi (HA) Candles help traders capture trends more easily and are widely used by traders as the standard chart for trading. You can now use HA candles in the Price and Trend blocks for trading.
Apart from these, we have made ~40 other major and minor changes over the last few weeks improving reliability, speed and ease of building strategies. We look forward to your feedback on our latest update.
Happy Trading!
