LUCRE - Don't HODL, Trade With LUCRE
LUCRE is an automated algorithmic trading system based on statistical data analysis from the last 5 years (for BTCUSD). Automatic trading, makes it possible to make special rules for trade entries and exits which, after being programmed, can be automatically executed via a computer. After the rules are made, the algorithm monitors the market to find buying or selling opportunities based on the specifications of the trading strategy. Depending on specific rules, as soon as a trade is entered, each order for a protective stop loss, trailing stops and profit target will be automatically generated. In fast-moving markets, this instant order entry can mean the difference between a small loss and a large loss if the trade moves against the trader. There is a long list of advantages of having a computer monitoring the market for trading opportunities and carrying out trade. Some of the advantages are listed below:
The machine-driven commercialism system minimizes emotions throughout the commercialism method. Because trading orders are executed automatically after trading rules are met, traders will not be able to doubt or question the trade. In addition to helping traders who are afraid of "pulling the trigger", automated trading can curb those who tend to overtrade - buy and sell at every opportunity perceived.
Ability to Backtest - Backtesting applies trading rules for historical market data to determine the feasibility of an idea. Careful backtesting makes it possible to evaluate and harmonize trading ideas, and to determine system expectations - the average amount that a trader expects to win (or lose) per unit of risk.
Maintain Discipline - Because trade rules are made and trade executions are carried out automatically, discipline is maintained even in turbulent markets.
Achieving Consistency - One of the biggest challenges in trade is planning trade and trading the plan. Even if the trading plan has the potential to be profitable, traders who ignore the rules change whatever expectations the system has.
Increased Order Entry Speed - Because computers respond immediately to changing market conditions, the system can automatically generate orders as soon as the trading criteria are met. Entering or exiting from a trade a couple of seconds before will create an enormous distinction in commercialism results. As soon as a position is entered, all other orders are generated automatically, including a protective stop loss and profit target.
The LUCRE mercantilism algorithmic rule is within the Alpha stage. Testing the core practicality of the merchandise has been conducted for a year from Apr one, 2017 to March thirty one, 2018.
Currently LUCRE Algo mercantilism solely trades BTC-USD derivatives (Bitcoin) (CFD). alternative cryptocurrency are going to be more in time. simply HODLing's performance is barely nice at smart times once the market continues to rise however turns bleak once peaking on Gregorian calendar month eighteen, 2017. however Algo's mercantilism performance is unmatched.
There is a distinction between 'high risk' and 'unacceptable risk' within the minds of the many participants - cryptocurrency is historically seen because the last. LUCRE aims to bring risk to acceptable levels to be allotted to retail participants. the utmost withdrawal of LUCRE Algo mercantilism is half-hour in one year of mercantilism check results. compared, the BTC-USD has born seventieth from its peak in Gregorian calendar month.
Algo back-tests square measure conducted for a year within the amount one Apr 2017 - thirty one March 2018 within the MetaTrader's Strategy Tester victimisation high-quality tick knowledge. Line graphs square measure used for clarity.
Trading connected prices square measure calculated at 1 Chronicles over the marketplace for every trade dead as a ramification and every swap (overnight interest) is charged if the trade remains open once 17:00 Eastern Standard Time.
The MetaTrader improvement feature is employed to check thousands of mixtures of Algo settings to search out the foremost favorable settings to induce most profits. The Backtest results were then analyzed victimisation StrategyQuant instrument. Some results square measure shown below.
Based on eight years of expertise within the exchange mercantilism algorithmic rule, we've seen that interest can increase once the algorithmic rule performs well associated a rise within the variety of participants are going to be curious about the project.
LUCRE is associate exclusive platform as a result of participants with access to signal algorithms and autotrading square measure restricted, this exclusivity is controlled by the quantity of tokens. If you wish to use Autotrading, and you do not participate within the Token cut-rate sale, you need to purchase tokens from the first participant.
Trading algorithms can take long and short positions and bet bull and bear markets so they diversify and optimize portfolio performance.
As a Token employee, you'll conceive to get cash by merchandising tokens, as a result of the advantages of being associate exclusive service and therefore the results of mercantilism algorithms should see value will increase or hold them back and receive in progress profits pursuit the performance of mercantilism algo.
ISSUANCE & STRUCTURE OF TOKEN
Total supply of tokens: 12 500 000 LCR
Available for Purchases: 10,000 LCR
Token type: ERC20, Ethereum Blockchain
Increase Minimum: $ 1 600 000
Maximum increase: $ 7 000 000
80% of tokens allocated to participants (10,000 LCR)
14% LUCRE Tokens for company developers and reserves (1 750 000 LCR)
3% for gift giving advisors (375,000 LCR)
3% is used on the Bounty and marketing program (375,000 LCR)
Pre Sales Period Token: October 15, 2018
Token Main Sales Period: January 1, 2019 (2 months)
Most of the funds, 40%, will be dedicated to serving the platform development and manufacturing team
The other 40% will be contributed to the Trading Pool to provide profit to the Token sales participant
15% for capex
3% will be spent on marketing aimed at attracting new users to the platform, creating a community that is interested in tokens and services
2% left for legal fees and compliance