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Topic: [ANN][ICO] ALGORY - Multifunctional Tools For Cryptocurrency Traders - page 73. (Read 114176 times)

full member
Activity: 462
Merit: 100
Hey, a friend told me about this.
I overflow your ANN but did I got it right, you are working on a platform where you get signals for trading based on results which are produced through scanning infors of the crypto market/world?


Cantdecide,

You're right, but You've just described only few of functions of Algory Platform:)

Let me give You more details: Cryptoscanneris going to scan data from crypto market and give You results (signals), as You described. But it is only 1 of 13 functions.Cryptonews will be news aggregator and give You the latest news from the crypto world. By using Backtestet, You will be able to check the profitability of Your strategy on the historical data. By using ICO analyzer, you will be able to check all details about ICOs that You're going to invest or You've already invested in the past (Analyzer is going to check the current development progress of past ICOs). And that's only 4 of 13 functions Smiley Please check all 13 and You will see how advanced project is Algory Smiley




Thanks for the answer. But crypto news etc will not flow into the signal analysis, or do news etc also affect the signals somehow?


Cantdecide, we are also going to add a sentiment filters to all news. In further development autotrading will be added for news trading. So i.e. when filters find specific words that traders set "i.e. BTC BAN" or something like that, position will be made automatically.

It sounds interesting but how will you avoid abuse through wrong informations spread on the web? Or just maybe poorly written articles, or articles who have a totally other meaning as maybe written clearly? Like sometimes an author just talks about stuff but in the end there is a complete different conclusion. Have you tested such filter etc. already?

Could you give me some answere to this? Would really appreciate this Smiley I am really wondering how you would filter those stuff.
That sounds extremely difficult to me. Could you answer that question? I'm pretty intrigued
full member
Activity: 238
Merit: 102
If it's possible to combine cryptonews, backtesting and the autotrader, would it be possible to make a fully automatic trader that derives the best strategy from historical data? I mean what do we even need humans for anymore? Tongue
full member
Activity: 336
Merit: 112
Hey, a friend told me about this.
I overflow your ANN but did I got it right, you are working on a platform where you get signals for trading based on results which are produced through scanning infors of the crypto market/world?


Cantdecide,

You're right, but You've just described only few of functions of Algory Platform:)

Let me give You more details: Cryptoscanneris going to scan data from crypto market and give You results (signals), as You described. But it is only 1 of 13 functions.Cryptonews will be news aggregator and give You the latest news from the crypto world. By using Backtestet, You will be able to check the profitability of Your strategy on the historical data. By using ICO analyzer, you will be able to check all details about ICOs that You're going to invest or You've already invested in the past (Analyzer is going to check the current development progress of past ICOs). And that's only 4 of 13 functions Smiley Please check all 13 and You will see how advanced project is Algory Smiley




Thanks for the answer. But crypto news etc will not flow into the signal analysis, or do news etc also affect the signals somehow?


Cantdecide, we are also going to add a sentiment filters to all news. In further development autotrading will be added for news trading. So i.e. when filters find specific words that traders set "i.e. BTC BAN" or something like that, position will be made automatically.

It sounds interesting but how will you avoid abuse through wrong informations spread on the web? Or just maybe poorly written articles, or articles who have a totally other meaning as maybe written clearly? Like sometimes an author just talks about stuff but in the end there is a complete different conclusion. Have you tested such filter etc. already?

Could you give me some answere to this? Would really appreciate this Smiley I am really wondering how you would filter those stuff.
member
Activity: 381
Merit: 14
would be get interesting if you can take same idea to stock market also once proven success in crypto. Challenge is little different in crypto some time you just have to forgot all fundamentals.

tiger5056, give us a chance, and you will see the results soon  Smiley
newbie
Activity: 98
Merit: 0
This may sound not relevant, but it is not easy to google Algory website, which is https://www.algory.io/
I think it is very important that investors can find Algory easily

You are right. I also checked it on google, the website is not shown on the first few pages.
full member
Activity: 182
Merit: 100

We are working right now to build GUI with UX specialists to make Algory easy to use by all users. You can also become our beta-tester after Q1 18', we will be looking for traders for beta testing;)



Great to hear this!
When will we be able to apply for beta-tester? Thanks a lot for answering my question. Cant wait to see the platform working!
hero member
Activity: 686
Merit: 500
would be get interesting if you can take same idea to stock market also once proven success in crypto. Challenge is little different in crypto some time you just have to forgot all fundamentals.
member
Activity: 381
Merit: 14
I wonder how reliable backtesting and technical analysis are for crypto currencies. Maybe for the top 5 coins, but have you really seen a pattern in coins with lower volume?


Vansire, look at the volume of transacions in cryptocurrency exchanges 1 year ago and look now - a lot of coins have tens of millions dollars daily volume. The cryptocurrency trading volume is getting consequently bigger.

But there are many traders who prefer trading on coins with really low volume. Everyone is trying to build own strategy. We are building Algory to make this strategy more profitable, more efficient and less time-consuming Smiley
full member
Activity: 154
Merit: 100
Is there a soft cap also? Or just a hard cap?
I did not find anything on their site about a softcap, only hardcap 100 000 eth..

They already said on one of the first pages that they don't have a soft cap.
how could that be? if they dont need a softcap they dont need a funding???
full member
Activity: 336
Merit: 112
This tool, ICO Analyzer, is really powerful in my opinion, it's not only for investors, it's powerful as hell for bounty hunters (not the type that dump his tokens, the one that hold tokens because he finds a good project)

I wonder how ICO Analyzer is different from the various sites that rank ICO's now.

Well I hope one difference will be that articles will be not paid as this tool has a different purpose here. ICO rating sites have a lot of paid articles in which, in my eyes, it is hard to see if something is truly that great or just said because money has changed the sites.
sr. member
Activity: 658
Merit: 250
This tool, ICO Analyzer, is really powerful in my opinion, it's not only for investors, it's powerful as hell for bounty hunters (not the type that dump his tokens, the one that hold tokens because he finds a good project)

I don't understand the difference? Aren't they both investors? Essentially they both put time energy and time into the coins or tokens.
Yea you could say so, but i think investors are risking more.
full member
Activity: 588
Merit: 100
This tool, ICO Analyzer, is really powerful in my opinion, it's not only for investors, it's powerful as hell for bounty hunters (not the type that dump his tokens, the one that hold tokens because he finds a good project)

I wonder how ICO Analyzer is different from the various sites that rank ICO's now.
full member
Activity: 238
Merit: 102
This tool, ICO Analyzer, is really powerful in my opinion, it's not only for investors, it's powerful as hell for bounty hunters (not the type that dump his tokens, the one that hold tokens because he finds a good project)

I don't understand the difference? Aren't they both investors? Essentially they both put time energy and time into the coins or tokens.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
This tool, ICO Analyzer, is really powerful in my opinion, it's not only for investors, it's powerful as hell for bounty hunters (not the type that dump his tokens, the one that hold tokens because he finds a good project)
full member
Activity: 238
Merit: 102
I wonder how reliable backtesting and technical analysis are for crypto currencies. Maybe for the top 5 coins, but have you really seen a pattern in coins with lower volume?
member
Activity: 381
Merit: 14
So basically i can decide to buy a crypto directly where is costing less through this platform, since is connected with many other exchanges. Cool.



Piggy, exactly. Look especially at our Exchange Comparison function. We are going to describe all functions on our Medium in details.

The short description is:

The users will find an exchange on which, after deducting transaction costs, they will buy
a specific cryptocurrency at the best price and at the quickest pace, or sell it most profitably.
This will allow the user to maximize the potential for profits which they generated previously
thanks to our filters and alerts from the Cryptoscanner or other functionalities.




So you can check: where is the best price, the fastest transacions (the number of confimrations), the lowest fees and more. And decide to use that exchange to buy/sell your cryptocurrencies Wink

So will it also be possible with this function to check if arbitrage trading is worth the effort?




Yes, you are right. But we will also release the separate function - called Arbitrage Scanner to make this process (arbitrage) as fast and efficient as possible.
full member
Activity: 686
Merit: 101
So basically i can decide to buy a crypto directly where is costing less through this platform, since is connected with many other exchanges. Cool.



Piggy, exactly. Look especially at our Exchange Comparison function. We are going to describe all functions on our Medium in details.

The short description is:

The users will find an exchange on which, after deducting transaction costs, they will buy
a specific cryptocurrency at the best price and at the quickest pace, or sell it most profitably.
This will allow the user to maximize the potential for profits which they generated previously
thanks to our filters and alerts from the Cryptoscanner or other functionalities.




So you can check: where is the best price, the fastest transacions (the number of confimrations), the lowest fees and more. And decide to use that exchange to buy/sell your cryptocurrencies Wink

So will it also be possible with this function to check if arbitrage trading is worth the effort?
member
Activity: 381
Merit: 14
So basically i can decide to buy a crypto directly where is costing less through this platform, since is connected with many other exchanges. Cool.



Piggy, exactly. Look especially at our Exchange Comparison function. We are going to describe all functions on our Medium in details.

The short description is:

The users will find an exchange on which, after deducting transaction costs, they will buy
a specific cryptocurrency at the best price and at the quickest pace, or sell it most profitably.
This will allow the user to maximize the potential for profits which they generated previously
thanks to our filters and alerts from the Cryptoscanner or other functionalities.




So you can check: where is the best price, the fastest transacions (the number of confimrations), the lowest fees and more. And decide to use that exchange to buy/sell your cryptocurrencies Wink
full member
Activity: 798
Merit: 115
Is there a soft cap also? Or just a hard cap?
I did not find anything on their site about a softcap, only hardcap 100 000 eth..

They already said on one of the first pages that they don't have a soft cap.
OK, thanks! I missed this message. I also liked the fact that number of tokens sold through the whitelist decreases the number of tokens available in the public crowdsale in Phase 1. Thus, the hardcap can turn out to be only 90 000 eth.

It's still 100 000 eth, it's just split to five phases, according to the whitepaper. First, there will be pre-sale, and then four phases of ICO.
full member
Activity: 420
Merit: 136
Is there a soft cap also? Or just a hard cap?
I did not find anything on their site about a softcap, only hardcap 100 000 eth..

They already said on one of the first pages that they don't have a soft cap.
OK, thanks! I missed this message. I also liked the fact that number of tokens sold through the whitelist decreases the number of tokens available in the public crowdsale in Phase 1. Thus, the hardcap can turn out to be only 90 000 eth.
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