Overview exchangeRate Robot
These digital currencies are gaining ground as viable options for everyday investors. However, the market remains volatile in the short term. It should be noted that Bitcoin’s historic high was followed by a rapid drop. Cryptocurrencies, on the whole, are vulnerable to external influences ranging from hacking to regulations and the movement of other currencies.
High prices caused by surges and drops in the market can be a deterrent for potential investors. Hundreds of interdependent digital currencies and the 24/7 nature of the global trading create a challenging market. Making decisions whether to buy or to sell can be an intimidating, nerve-wracking experience for an investor, with the real potential for huge gains and losses in fiat currencies.
XchangeRate presents a solution: an intelligent algorithm or a “robot” that helps investors navigate in the complex cryptocurrency market and make expert decisions, all in one convenient platform. Data pipelines from plugins and APIs combine with unique, relevant metrics to detect market attitudes. Investors set buy/sell parameters and choose to make manual or automatic trades triggered by if-then conditions. Users are no longer obliged to make every decision themselves and separately track trends and currencies.
Instead, the XchangeRate robot makes intelligent decisions on its users’ behalf, enabling investors to trade popular currencies around the clock based on a set of criteria and interpretation of good data analysis proprietary to XRR platform.
XchangeRate Robot (XRR) is built on a series of algorithms for detecting and making decisions about buy and sell attitudes. Relative Strength Index (RSI), is a momentum oscillator that measures the speed and change of price movements.
RSI oscillates between zero and 100. Traditionally, RSI is considered overbought when above 70 and Oversold when below 30. Signals will be generated by finding divergences and failure changes. RSI can also be used to identify common trends.
Powerful Preset Filters
XchangeRate is a platform designed by traders for traders. Automated filter settings come with a preset strategy that requires minimal efforts.
Cross-Functional Strategy Approach
XchangeRate parses through the metric attributes of each coin on the exchange and loops through the strategy filter for entry signals and rates them on a scale of preference and fires a trigger through qualifying positions, loops the criteria using automation on entry and exits and in rounds and cycles.
Adopting a strategy is one thing. Getting it into the market flow is another. XchangeRate provides tools to test strategies and filters with real market conditions and tests the strategic outcomes.
How it works
XchangeRate frees the trader from the complexity of reading graphs and charts and helps the trader with readable data easy to interpret for immediate automated or informed decisions. Essentially, the product is a Trading Robot that combines these feeds into the algorithm for intelligence and meaning. The intelligence enhances market movement picks and helps the robot in making entry and exits with accuracy.
The robot has 4 areas :
- The Coin Monitoring Board is a dashboardpane that tabulates the analyzed data from different data sources and displays it in a way a trader can sort to identify the market sentiments around available coins on the exchanges.
- The Automation Robot is the part of the XchangeRate platform where strategy settings can be issued to the robot to automate trades using API and secret keys.
- The MVP is the part of XchangeRate’s automation that does not require username, password, API or secret key but uses a preset to filter markets with price action.
- The Marketplace is the data hub where strategy, users, and performances are tabulated for users who want to adopt strategy can come to implement other user’s strategy in exchange for XRR tokens.
How many coins are there in total?
235,000,000 Tokens will be in circulation if the Token sale hard cap is reached, this figure comprises of bonuses, airdrops, and bounty. All unsold tokens will be burned. 15,000,000 Tokens are preserved for Project Owners and will be frozen for 9 months after ico sale is over.
XRR Coin will be implemented as a utility token used to transact on the in two major models. There is a subscription charge where users will make a minimum monthly payment to gain access to the platform. There is also a strategy rating marketplace where users can check the success rates of different strategies and the Token Costs (TC) the initiators have attached to them. Token Adopters can adopt these strategies at the TC while there is a platform fee for the transaction.
The XRR Team will work with major exchanges such as Yobit, EtherDelta, KuCoin, Huobi, OkEx, and Binance to list the XRR coin on their exchanges so that the XRR Coin can be easily bought and sold.
Token name: XRR coin
Token symbol: XRR
Token type: ERC20
Token role: Utility
Total supply: 250,000,000
Available for sale: 235,000,000
Public ICO dates: April 12, 2018 – May 9, 2018
Minimum purchase: 0,10 ETH or 0,01 BTC
Accepted payment methods: ETH, BTC
Token ICO price: 1 ETH = 10 000 XRR
Soft Cap: 2 000 ETH or 200 BTC
Hard Cap: 16 000 ETH or 1 600 BTC
1 BTC: 100,000 XRR
1 ETH: 10,000 XRR
Current bonus: 5 %
Token Type: Utility token
Maximum supply: 250,000,000 XRR
ICO Hard Cap: 18,000 ETH
Tokens available in ICO: 160,000,000 XRR
Bonus Tokens available in ICO: 20,000,000 XRR
Total Tokens available in ICO: 190,000,000 XRR
Team members consist of fans of the blockchain group. Team members have a common goal to advocate for their members to solve problems that occur in their daily activities.
For more information about Exchange Rate Robot Click on the link below
Bitcoin : https://bitcointalk.org/index.php?action=profile;u=1388093
Autor : Clintonbalogun24