Enterprise middleware software for your trading strategy
Want to enhance your success in algorithmic trading? Look no further than Alpha Shifter. Our software lets you automate the data flow between your trading strategy and your broker swiftly and smoothly. And since Alpha Shifter is self-hosted, you’re in control all the way.
THE BIRTH OF ALPHA SHIFTER
“In 2018, I created the first version of the Range Maker, one of Oxido Solutions’ flagship trading algorithms, using TradingView. The backtest results looked promising, but the live results fell short. The issue was that the third-party middleware solutions I employed to facilitate data exchange between TradingView and brokers didn’t live up to my hopes. They were slow in carrying out orders and lacked crucial management and security features. This pushed me to develop Oxido Solution’s in-house enterprise middleware solution, which we’ve been using since 2019. Moreover, I found that other professional traders were also seeking a high-grade trading middleware. This led my business partner Guido Lassally and I to release our middleware to the public under the name Alpha Shifter. From 2023, hedge funds, family offices, and other professional entities can get Alpha Shifter via a software licensing agreement.”
Ever heard of a bird’s alarm, where birds give the heads up to other birds about danger or a change in their environment? A TradingView alert works in a similar way. It’s a feature that lets users set personalized notifications based on certain conditions or events in the financial markets. Algorithmic traders can set up alerts to get notified when their trading strategy gives a buy or sell signal.
With over ten million users worldwide, TradingView is the go-to platform for traders looking to create effective algorithmic trading strategies. Oxido Solution’s Range Maker and ATR strategy were also built on this platform, and our experience with TradingView has been nothing short of fantastic. Plus, there’s a growing need for software solutions that support TradingView automated trading. For these reasons, TradingView is the main data source for Alpha Shifter.
When a TradingView alert is activated, the info needs to be sent over to Alpha Shifter straight away. This can be done within TradingView using a stream function. TradingView’s stream lets users send requests to a specific URL tied to their Alpha Shifter user license when certain conditions of their trading strategy happen on the TradingView platform.
One of the top features of Alpha Shifter is the syntax builder. With this tool, you can set how data from TradingView gets sent to the exchange. The syntax builder offers an easy-to-use interface that lets you fine-tune your TradingView strategy. For instance, if you send a TradingView alert to Alpha Shifter for the TSLA-USD trading pair with a buy price, a stop loss, and three take profits, you can arrange for Alpha Shifter to send these alerts as five separate orders to the broker. Plus, you can add syntax to auto-update the stop loss if TESLA’s price goes up by a certain percentage.
Alpha Shifter is integrated with 16 exchanges, letting you trade a wide range of asset classes: stocks, cryptocurrencies, and commodities. Every exchange also offers a testnet where you can try out your strategy with simulated trades before dealing with real money. It’s quick and simple to activate an exchange via Alpha Shifter’s permissions section. Just enter the API key and secret key of your account on the given exchange, and the data transfer with Alpha Shifter can start.
OUR ALPHA SHIFTER PLANS
Ready to take your trading to new heights with Alpha Shifter? If you trade at least 1 million USD or its equal on any of the supported exchanges every month, you’re qualified for a license of our middleware. What’s more, we’re thrilled to give you a free 7-day trial. Once you’re happy with how your strategy performs in our testnet environment, you can move to a paid subscription. Start making the most of Alpha Shifter in the financial world today.