Introduction to Signals
With the rapid growth and evolution of the digital currency market in the past two years, an increasing number of investors are seen formulating their investment strategies around cryptocurrencies. Many promoters of digital currencies say that they are the next big drivers of the global financial economy.
In order to capitalize on the rapidly evolving crypto markets, a Prague-based startup ‘Signals’ has developed a new cryptocurrency trading platform connecting data scientists and traders. Signals platform is developed by combining the best of emerging technologies like machine learning with data science.
The Signals cryptocurrency trading platform basically offers algorithm-based trading solutions wherein traders can formulate their own trading strategies using the Signal model builder. The Signal algorithms will automatically make decisions based on the market volatility and data inputs from different sources, thereby helping traders to maximize their profits.
Note that the Signals platform doesn’t expect you to have all the programming skills to develop and build your strategy. All this work is done by the Signals development team and as a trader, you just need to formulate your strategy using all the built-in indicators right from deep learning to technical analysis.
Understanding ‘How Signals Work’
- Build Your Own AlgoTrading Models: Anyone and everyone on the Signals platform can build his/her won trading model without any specific requirements of machine-learning programming skills. All one needs to do is just from a range of indicators involving technical analysis, deep learning, or sentiment learning based on media monitoring and combining all the indicators to optimize your strategy.
In case you are a specialist programmer or a data scientist, you can also create new trading indicators on the Signals platform from scratch. You can also monetize your newly created indicators by putting them on the Signals Marketplace.
- Verify and Validate Your Model: Before using your model for real-world applications, connect it to a crypto exchange and then backtest it with historical data in the Signals training center.
The Signals platform also provides supportive analytics and algorithm optimization helping you find the best settings for your strategy. Optimize your trading model by using the Signals desktop application on your device or connecting your model to decentralized supercomputers.
- Monetise Your Trading Model and Generate Profit: One that you have thoroughly tried and tested your trading model, use for real-life trading while making informed decisions. You can decide to either automate your trading or just receive notifications for trading opportunities.
Using the data science algorithm tools, you can make your strategy more and more adaptive to actual trading process. In this way, your strategy will be constantly re-learning thereby maximizing profits every time based on the new trends of the market.
- Earn by sharing Your Trading Strategy: If your trading strategy proves to be successful, you can share it with other members on the Signals Marketplace who will be paying you for using your trading strategy via the SGN tokens.
Similarly, you can also use others proven strategies by paying them in return and thus maximize your profits.
Team Behind Developing the Signals Platform
The founding members of the Signals platform are Pavel Volek (CTO & Co-founder) and Pavel Němec (CEO and co-founder). Mo. Volek is a UX-Designer, software specialist and front-end developer who looks after the major development process of the platform. While Mr. Němec is an experienced algorithmic crypto trader and a machine learning evangelist who looks after formulating data science strategies and deep learning algorithmic indicators.
In addition to them, the Signals platform comprise of a team of more 20+ dedicated professionals having sound expertise, knowledge and skills in the field of blockchain, enterprise solutions, growth hacking, trading strategies, etc.
Apart from this, the Signals platforms also has several advisors guiding the team in the fin-tech space along with clubbing the merits of machine learning and AI.
The Signals Token Sale
The Signals SGN tokens are basically the ERC 20 tokens built on the Ethereum blockchain network. In the pre-sale that ended in 2017, signals sold around 1,969,482 SGN tokens for over $500,000.
The main token started on March 12, 2018. One can participate in the Signals Token Sale by registering on their platform using a valid ETH wallet and uploading the KYC information. Signals is currently targeting a hard cap of $18M.
More information about the Signals platform can be obtained through its official whitepaper.