How does Isaac, benefit traders?

Over the last year we developed Isaac as a tool to easily review online content and reward people for their contributions. This reward is an Isaac Token, which is running on the Stellar network and will to become public in the next couple of months.

Today we want to talk about one application of the Isaac Token, is to use it to rate and review stock market predictions utilizing the Isaac extension and the TradingView framework.

What is TradingView?

TradingView is an absolutely fantastic online resource for stock traders and people who want to share their outlook on different markets. TradingView supports access to a wide variety of markets including forex and cryptographic assets posted by users. Isaac works to support user driven predictions by providing a integrated and streamlined review system for other users to quickly access posted content.

TradingView ideas are submitted by thousands of users daily and can rank from pretty pictures of rockets flying to the moon, to examples of very complex technical analysis, which might be hard to understand. Other TradingView idea’s are incredible well explained and so make it easy to follow complex trends.

Last but not least, users obviously want to know, if the given ideas are actually correct? Nobody wants to follow an idea and invest their hard earned assets, just to lose it all in the blink of an eye. Hence we need an easy way to evaluate ideas, highlight good ones and TradingView users with a proven track record, while avoid bad ideas.

Isaac to the Rescue!

TradingView Example Ideas:

As our first example, we are using the following trading idea

This user is providing an incredibly well explained trading idea, provides frequent updates and suggests selling and buying points as soon as he can. Sadly the graphs are a little bit complex and sometimes hard to understand.
But looking at the history of this users, we see that he invests an incredible amount of time on this platform and has made hundreds of trades, which were mostly positive outcomes. This seems to be a good person to pay attention too, but sadly there is no easy way to filter TradingView, to show you ideas of only certain people.
Isaac can help with this...

For a second example, we are utilizing this trading idea

It predicts that the given asset will go up over the next 2 months. It looks like a very simple graph, based on the trend running in a well defined channel and a count.
Sadly this idea, lacks any form of comments or frequent updates, besides saying that a trade is active.

How can Isaac help?

Isaac provides a chrome extension, allowing users to easily view presented ideas, rate content and visualize the results by simple means. TradingView already provides complex graphs, Isaac ratings don’t add more complexity to the website. Instead, Isaac highlights well received ideas in green and not so well received ideas in red.

To provide reviews, users only need to click on the extension menu and review the idea by answering 4 simple questions.

The results of your submission are:

You just earned a share of the daily payed out Isaac Tokens, congratulations!
The provided feedback is stored in the Isaac database and our algorithms are evaluating the user responses
The Isaac extension will enhance the TradingView website with the collected feedback, from all users

Based on the visual enhancement of the TradingView website, it will now be a lot easier for the user to spot trading ideas, which have been rated by Isaac Contributors. Isaac application of advanced algorithms will make it either for users to decide which of the ideas can be trusted.

Normally the TradingView idea page looks like this

But by utilizing the aggregated information, the homepage will now look like this

Conclusions

This ends our little overview of Isaac and TradingView for today and we hope you are as excited for this product as we are. Obviously we are just getting started here, but we are looking forward to a bright 2018, millions of rated reviews and hopefully people taking advantage of these exciting new times.

If you like to know more about Isaac and how to get started, please look at our website