Your Partner for Enterprise Trading Bots
Imagine your money working for you, even when you’re not actively managing it. Our trading bots can help make this a reality. They can spot prime trading opportunities in financial markets, freeing up your time to focus on what truly matters to you.
With our bots, you can monetize Bitcoin’s volatility no matter the market condition.
Our plug-and-play software is the best way to automate your trading strategy.
Use our artificial intelligence solutions to increase your odds in the financial markets.
Most traditional law firms don’t get cryptocurrency. Our crypto lawyers do.
READY TO MASTER TRADING BOTS?
Since 2017, we’ve been on a journey, learning and refining our trading bot strategies. This experience has allowed us to build valuable IT products and services. To simplify your learning, we’ve created a content program focusing on the 10 crucial aspects you need to understand about this fascinating area.
SPOT VS DERIVATIVES EXCHANGE
To put a trading bot strategy to work, you need liquidity. This is made possible by exchanges or broker platforms. These platforms host trading of digital assets between buyers and sellers. You’ll find two types of exchanges: Spot and Derivatives. Picking the right kind for your trading bot is vital, so it helps to know the differences between Spot and Derivatives exchanges. We’ve highlighted a few main points to guide your decision.
Keep in mind, though, as an IT company, we don’t offer specific advice or determine your qualifications to trade on these platforms. We strongly recommend doing your own research and getting advice from a financial expert.
|Definition||Buying and selling of digitals assets||Buying and selling of financial contracts|
|Contract types||Spot||CFD's, perpetual futures, options|
|Collateral||Digital asset||Different types of digitals assets|
|Leverage||NA||Amplify profit or loss with leverage|
|Risk management features||Less||More|
|Trading fees||transaction fee||transaction fee, liquidation fee, funding fee|
14-day free trial
DESIGN APPROACH TRADING BOTS
When it comes to developing a trading bot, you’ve got three main approaches to choose from: technical analysis, fundamental analysis, or a mix of both. To guide you in picking the best approach, let’s explore the key differences between technical and fundamental methods.
Analysis of quantitative data based on technical indicators.
Frequent changes: suited for short and long term investing.
Analysis of qualitative data with fundamental indicators.
Less frequent changes: more suited for long-term investing.
A gold CFD trading bot uses technical indicators like RSI, MACD, and Bollinger bands. It analyzes the chart, market data, and other quantitative information to spot trends and patterns based on preset parameters. It then generates a trading opportunity.
A trading bot analyzes fundamental data related to Amazon stock, like product news, industry trends, and management data based on predefined parameters. It then generates a buy or sell opportunity based on this analysis.
EXAMPLE TA & FA
With a cryptocurrency trading strategy for Ethereum, the bot could be set up to spot buy opportunities based on technical indicators like a breakout of the top range of the Bollinger Band. It could also consider fundamental factors, like monitoring social media and other indicators for any negative news or sentiment about Ethereum on a given day.
Comprehensive and reliable data is at the heart of a successful trading bot. It’s vital to have access to thorough and trustworthy data for a winning strategy.
Trading data comes in two forms: historical and real-time. Historical data lets you look back and see how your strategy would have played out in the past, offering precious insights. Real-time data, on the other hand, is essential for successful live trading. Up-to-date information is key to making well-informed decisions and adjusting to the present market conditions.
BECOME A DATA PRO
TRADING BOT CODING SKILLS
When it comes to getting a trading bot, you have options. Some platforms and providers offer ready-made bots that you can buy and configure to fit your needs. In such situations, you don’t really need to know how to code, but it helps to understand how your bot works. If, however, you’re keen on creating your own trading bot, you’ll need solid coding skills. Coding languages fall into two categories: closed-source and open-source. Closed-source languages are platform-specific, while open-source ones can be used across various platforms. Knowing these categories can help you decide the best way to develop your trading bot.
PineScript is a programming language based on C, offered by TradingView, a popular charting platform for creating trading bots. With PineScript, you can devise your own strategies and custom technical indicators that match your trading style.
MetaTrader5 (MT5) is a commonly-used, closed platform that a lot of developers depend on to build trading bots. With MT5’s software kit, which is based on the Python programming language, developers can design personalized bots and indicators that perfectly mirror their unique trading strategies.
If a closed platform doesn’t provide the necessary tools for making a trading bot, you can opt to create a strategy from scratch or use open-source libraries. Python, a versatile coding language, gives you plenty of options for developing your own tailored trading bot that meets your specific needs.
BACKTEST TRADING BOT
Before deploying a trading bot strategy in live trading, it’s crucial to thoroughly test it. That’s where backtesting software comes in handy. It allows you to simulate the performance of your trading bot using historical market data. We at Oxido Solutions have gone down the rabbit hole to find the best backtesting systems for you. After a thorough evaluation for our Bitcoin bot strategy, we have identified two top contenders that stand out from the rest:
|Accessibility||Beginner and advanced||Advanced|
|Level of customization||High||Very high|
OUR ENTERPRISE MIDDLEWARE SOFTWARE
At Oxido Solutions, we found that existing middleware solutions fell short of our precise needs. In response, we decided to develop Alpha Shifter, a state-of-the-art middleware trading system. It effectively transmits buy and sell signals from various trading strategies to any specified endpoint. Recognizing the growing demand for a robust enterprise middleware layer among hedge funds, family offices, banks, and other professional entities within the finance sector, we’ve decided to offer Alpha Shifter as a standalone software solution. Here is a list of the key features:
OUR TRADING BOT SERVICES
Here at Oxido Solutions, our expertise spans across IT, trading, financial markets, and legal domains, enabling us to produce trading bots for a variety of strategies. We serve a diverse group of clients, including professional investors, beginners, and experienced traders. We offer a range of services and products to meet the needs of this varied group. However, please note that certain services may be subject to regulatory restrictions, limiting their availability.
With our trading signal service, you have the opportunity to generate additional income while keeping full control of your assets. Our exclusive trading bots, the Range Maker and the ATR, provide high-quality buy and sell signals, helping you make the most of your trading.
Are you looking for a reliable partner to help with the IT aspects of your trading bot strategy? Or, do you need help reviewing the code of your existing crypto trading bot or IT infrastructure? At Oxido Solutions, we are ready to provide all the IT consultancy services you need for your trading bot.
If your trading bot isn’t delivering the performance you expected, don’t worry. Sometimes, adding a single feature can make a huge difference in unlocking its full potential. At Oxido Solutions, we offer technical indicators that could be just what you need to improve your bot’s performance and maximize its capabilities.
AI TRADING BOTS
OUR TRADING BOT STRATEGY
Building a successful trading bot strategy needs both skill and experience. If you’d like to avoid the detailed work of creating and managing your own bot strategy, you might want to consider using the trading strategy from Oxido Solutions. It’s packed with innovative features aimed at improving your chances of success in the financial markets. Here’s why our trading strategy is special:
Our trading strategy is built around a trend-following approach where we keep a close eye on the direction of market trends. We firmly believe that if an asset is moving in a certain direction, it’s more likely to keep moving that way rather than make a sudden switch. This lets us take advantage of both rising and falling market trends. To spot and track these trends effectively, our trading bots use advanced technical and fundamental analysis as well as artificial intelligence.
3 risk levels
Our trading strategy offers three risk levels: low, medium, and high, which match risk levels of 2%, 4%, and 6% of the trading capital per trade. Keep in mind that these calculations don’t factor in slippage, the gap between the expected price of a trade and the price at which it actually executes. The low-risk level aims for smaller profits but also experiences smaller drops, giving a more cautious approach to bot trading.
In 2017, Jarno developed the Range Maker, a trend-following trading algorithm that became available to the public in 2019. Unlike other algo traders who depend on common methods like Bollinger Bands to set the trading range, we’ve taken a unique path. Our way of calculating the trading range, combined with custom features, ensures steady stability and makes it less susceptible to market manipulation.
In 2020, we rolled out another trading bot: the Average True Range (ATR). The ATR algorithm is designed to respond quickly to minor trend movements and excels over shorter timeframes. By pairing the ATR with the Range Maker, we boost the monthly performance of our strategy, as they provide a safety net for each other. This combined approach allows our trading bot to adapt more effectively to shifting market conditions.
The chop filter is an advanced technical indicator that tackles one of the biggest hurdles in our industry. While trend-following strategies often do well in strong trending markets, they can struggle during times of choppy price action. The chop filter measures the market’s strength effectively and adjusts our algorithms to match. When the market’s trend is weak, it stops our strategies from taking positions. This groundbreaking feature has reduced our strategy’s drawdowns by up to 50%, boosting its overall performance.
One issue with trend-following trading strategies is the risk of over-optimization. This occurs when strategy parameters are adjusted too closely to historical market data, leading to a drop in performance when applied to new, unseen data. Traders often run into this problem when they continually fine-tune the strategy to fit the past data perfectly. To avoid this, our strategy features an auto-optimization function that dynamically adjusts the algorithm parameters based on current market conditions. This flexible approach ensures steady performance in changing market landscapes.
CRYPTO TRADING BOTS
If you’re looking for a simple and effective way to take advantage of the volatility of the cryptocurrency market, Oxido Solutions’ crypto trading bots might be what you need. They can find the best buy and sell opportunities for crypto derivatives. This could help you earn extra income on the top three cryptocurrency derivative exchanges: Binance, Bybit, and OKX.
To receive buy and sell opportunities for crypto derivatives, you can subscribe to our signal services for Binance trading bot, Bybit bot, and OKX bot. Our crypto trading bot detects opportunities, sends them to a middleware layer, which then forwards them to your crypto account for you to manually turn into orders. We cannot automate the conversion of these opportunities into orders because we are an IT company, not a financial institution. However, you can allow your crypto broker to turn the signals into orders through their API.
Our crypto bots only create buy and sell opportunities for Bitcoin and Ethereum Derivatives trading pairs. We focus on these due to their high liquidity, which is vital for smooth and efficient trading. Furthermore, the rich historical price data for these specific trading pairs lets us do thorough backtesting, ensuring our crypto trading bots’ trustworthiness. For example, even before we started collecting live data in 2019, our backtesting showed that our crypto trading bots were doing very well.
Our crypto trading bots produce trading opportunities for perpetual futures, also known as perpetual swaps. This derivative product lets you speculate on future asset prices without expiry dates, unlike traditional futures contracts. There are two types: BTC-USDT-SWAP and BTC-USD-SWAP. If you prefer to earn more USD Tether stablecoins rather than Bitcoin or Ethereum, choose BTC-USDT-SWAP and provide USDT for our crypto signal service. Or if you want to use Bitcoin as collateral and gather more of it, go for BTC-USD-SWAP.
Oxido Solutions’ crypto trading bots are built to find opportunities that include isolated margin, a helpful feature that assists you in managing the risk of each individual trade. It’s like setting aside a specific amount of money for different expenses. With isolated margin, you assign a particular amount of funds for each trade and only use those funds for that trade. This ensures that a trade that doesn’t perform well won’t impact the rest of your trades, giving you better control over your risk.
OUR SIGNAL SERVICE PLANS
Ready to take the next step? With Oxido Solutions’ signal service, you can receive top-notch buy and sell signals to help you generate extra income on your preferred exchange and asset class. You can receive the signals by email, Telegram, API or any other preferred channel. Please be aware that as a non-financial service provider, our signals are not customized, and all subscribers receive the same signals. We also do not execute orders on your behalf. We believe in our trading bots and are happy to give you a free trial for 14 days. If you’re satisfied with the signals, you can move to a paid subscription with us.