LUCRE - an automated algorithm trading system

in #cryptocurrency6 years ago

LUCRE is an automated algorithm trading system based on statistical analysis of data from the last 5 years for BTCUSD pair. Automated trading, there is an advantage that it allows setting specific rules for both sales and purchases, when programmed, the commands will be executed by the computer. Once rules have been established, the algorithm will track market developments to look for buying or selling opportunities based on trading strategy characteristics.

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Depending on the specific rules, as soon as the transaction is entered, the stops and profit targets will automatically be created.In fast-moving markets, this immediate entry may mean the difference between small losses and large losses
Some advantages of automatic algorithm trading system are listed below:

  • Enhance order speed - Entering or leaving a transaction a few seconds ago can make a big difference in trading results. Because the computer responds immediately to market changes, the automated system can create commands immediately when meeting transaction criteria. That makes a difference between an automated system and people.
  • Limit emotions - Automated trading systems limit emotions impacted during trading. Because the trading order is executed automatically after the transaction rules have been met. In addition to helping traders fear "trigger jerks", delivered. Automatic translation can limit people who are inclined to pass - buy and sell at every opportunity felt
  • Re-testing capabilities - Re-testing applies transaction rules to historical market data to determine the feasibility of the idea. A careful answer allows to evaluate and refine the trading idea and determine the life of the system - the average amount the trader can expect to win (or lose) per unit of risk.
    lucre1.PNG
  • Achieving Unity - One of the biggest challenges in trading is planning transactions and implementing plans. Even if a business plan is potentially profitable, traders ignore the rules that are changing any expectations the system will have.
    Market 24/7 - when the Crypto market opens 24/7, almost everyone can't trade every input signal every hour. An automated system will meet that need.

Detailed information about the project:

Webseite: https://www.lucretoken.com

White Paper: https://www.lucretoken.com/docs/Lucre_WhitePaper_DE.pdf

ANN: https://bitcointalk.org/index.php?topic=4959492.0

Facebook: https://www.facebook.com/lucreToken

Twitter: https://twitter.com/LucreToken

Telegramm: https://t.me/LucreToken

Author: tranduong123
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2078420

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