A Blockchain based startup Kryll.io released the first version of its automated trading platform. According to the founders, almost 100 new members join the project’s Telegram channel every day.
Kryll's[1] demo was launched at the beginning of March 2018. Although the company had been planning to release much later, the founders wanted to give users the first experience in order to collect feedback as soon as possible. Currently, the platform provides tutorials, backtesting results, and many other features.
“Our amazing developers are working very fast which is really appreciated by the community,” Lisa Pons, Kryll’s marketing officer, said to Cointelegraph. “Our iOS app is currently under development and coming very soon.”
Dip Accumulator and Bear Trade
Kryll’s technology allows the designing and testing of trading strategies before using them to live-trade 24/7. The alpha version of the platform[2] already features two trading strategies users can test - theDip Accumulator and Bear Trader, Both of which are already scalable. Kryll's[3]’s users can play with the strategic blocks in order to achieve the optimal trading results. During the backtest, Dip Accumulator earned almost $6,000.
Kryll’s system has five main blocks[4] for building successful trading strategies. The first one, ’Market Trends’, provides trends analysis, such as price fluctuation, technical data analysis and prognosis based on machine learning.
The second block, ‘Trading Actions’, allows users to buy, sell, and hold assets, or stop the trading activity if needed. The third block is ‘Signals’, a combination of recent tips coming from professional traders, Telegram channels or social networks.
The fourth block, ‘Operators’ organizes data feeds and signal interactions - for example, when BTC is receiving positive feedback on Twitter. Finally, the ‘Notifications’ block keeps users informed of a strategy’s status by text
