Topic: Bitdroid is an algorithm that publishes signals in real time (Read 109 times)

An algorithm that reads the market..

www.bitdroid.co.uk

Cryptocurrency signals are produced by our sophisticated algorithm and are immediately published on site, additionally our core signals are sent to members through telegram. The Bitdroid algorithm currently is running on 12 major cryptocurrencies.

Trade signals are high frequency signals of around 100 trades a month per crytpocurrency. These signals are generated through multiple models that process and analyse real time price action, similarly to that of a skilled day trader who reads the order book.

Core signals take on a broader view point and can take anything from minutes to months to play out. Core signals are calculated via price action analysis on our fair value system, which tracks primarily the skew of aggression through price interaction in the order book over time. This is fed through multiple layers that analyse and predict large turning points and only come into force when a trade signal confirms an entry point. The result is given as a clear signal on our site along with a real time weighting (0% to 100%) which signifies the cores strength.

Internal Mode consists of four gauges that show the inner factors within the Bitdroid algorithm. This gives you the power to see how close a signal is to the threshold giving you a deeper narrative regardless of whether a signal is produced or not. Additionally we display Z factors, which are measures of the current environment to assist you further in trading.

Execution Assist is a statistically proven model (10,000+ data points) that help improve execution. Essentially it is a signal in itself although due to the frequency we do not suggest trading from it as the cost of execution will nullify the edge. Instead we offer this service as a way to assist members in the execution of entering or exiting a trade. This service is positioned next to the trade view and fires up a large blue or red vertical bar. It is not a trade recommendation itself, it is simply a supportive execution tool.