SIMDAQ : Technological platform created for cryptotrading democratisation and development

in simdaq •  6 years ago  (edited)

SIMDAQ

Introduction

As digital assets become mainstream SIMDAQ provides an easy entering in trading for everyone.

Spreading blockchain technology leads us to the reality, where you can buy digital assets as fast and easy as you buy food. And all assets can become digital - realty, art, game inventory, discount coupons, anything you want to exchange.

So, a lot of people need new skills. The key mission of SIMDAQ, a platform created for the democratization and development of cryptotrading, is to make beginning work with crypto assets easy and interesting for users of any level. Eugene Dubovoi, CEO and founder: “Education and training will become an exciting game, and our service will be in demand around the world, as digitalization of assets and free exchange of them is the future of the economy.” Experienced traders will get the opportunity to polish their skills in creating trading strategies and share the results of their work with community for token awards.

SIMDAQ got community support and raised $5m through token sale in January 2018. Currently, the team have made significant progress in the technical implementation of the project. The launch of the platform is coming in few weeks.

As part of the platform, utility tokens SMQ will be provided to be widely used: people can get them as a reward for the successful completion of lessons and levels of learning and for providing their trading strategies for use; tokens can be paid for subscribing to services and much more.

SIMDAQ will not only provide community members with advantage in trading, but also will help trading ecosystem around cryptoassets to become more mature.

About platform

The SIMDAQ platform consists of tools that help you to improve your trading skills, and tools
for interaction between community members. Thus, an entire ecosystem is created allowing
each participant to develop and benefit.

SIMDAQ allows using historical trading data from various markets for backtesting in order to develop trading skills quickly and without risk and become an experienced trader. Moreover, SIMDAQ makes it possible to develop and test trading strategies in fast and efficient way. For training, you can choose a trading instrument, period, speed, volume of capital, leverage, or train using specially prepared demonstration examples. Among the trading instruments, a wide range of crypto currencies and tokens will be available. In the future, traditional tools such as stocks, futures, Forex, etc. will be added. The training process is as close to real trading as possible.

SIMDAQ also provides you with an environment for trading robots development and testing to automate trading strategies. Test results are visualized for the most detailed analysis, and comprehensive statistics is gathered. A decentralized SIMDAQ Marketplace provides access for reliable and well-tested robots and trading signals that can be used by community members for real trading.

SIMDAQ is an ecosystem for the community of people who are interested in the world of trading. The platform provides a wide range of opportunities for sharing experience and ideas: streaming of trades, social trading, individual and group trading with mentors, analytics of recent cases, tournaments, access to opinion leaders and experts. The content is created by the community for the community and is available through SIMDAQ Marketplace.

SMQ token is a currency that SIMDAQ accepts as a payment for subscription and additional services. Also, community rewards the contributors to SIMDAQ Marketplace with SMQ.
The SIMDAQ platform consists of tools that help you to improve your trading skills, and tools for interaction between community members. Thus, an entire ecosystem is created allowing each participant to develop and benefit.

The launch package of first release will include: trading simulation on historical data, statistics collection, trading reports, a library of training cases. As a next stage there will be developed a marketplace using Waves smart contracts and other elements.

SIMDAQ consists of

Training on historical data
A simulation of trading on historical data is an effective method of obtaining risk-free trading experience and developing technical analysis skills. SIMDAQ provides the required tools suitable for all levels of traders.

Simulator

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SIMDAQ simulator allows simulating trading of the selected financial instrument in a certain time interval using historical data. It is also possible to choose the trading tool and time interval randomly for deeper dive into technical analysis. The trading session can be finely adjusted by choosing the initial balance and the leverage. You can switch between different chart periods, evaluating short-term and long-term trends. During the trading session, you can increase the speed for acceleration of training or slow it down for the most careful analysis. The trading process is as close to reality as possible. According to the road map level 2 of historical data and portfolio management of the stocks will be introduced, that will guarantee even a better experience.

Charting engine


Visualization of market is one of the main functions of SIMDAQ. That is why SIMDAQ has one of the most advanced graphic libraries, which has a wide range of tools for analysis. Different types of chart types, more than 500 different drawing tools and built-in technical indicators allow you to implement any idea you have for data analysis. In addition, it is possible to extend the rich arsenal of graphic tools and create custom technical indicators. Smart charts technology allows you to save all the actions that user makes for later repetition and error analysis session.

Historical data

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The quality of historical data is the key for effective trading strategy. To provide high quality standards, SIMDAQ collects historical data from several vendors that pass multi-level checks and are carefully compared. Conflicts are resolved in semi-manual mode. To collect level 2 data SIMDAQ creates its own dumpers and parsers for a wide range of crypto-exchanges.

Consensus for historical data processing

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When parsing and processing historical data, SIMDAQ always takes data from at least 3 suppliers. If at some point data from vendors begin to differ, an attempt is made to resolve the conflict in an automatic mode: if data from one provider for a certain period of time is absent or does not coincide with the others, and the other providers have the same data, then the conflict is resolved automatically. Otherwise the case is escalated for manual resolution.

Statistics collection

For each trading session, SIMDAQ collects and stores all the actions taken and statistics. It helps you to make the training process flexible and analyze specific errors. This approach allows you to understand deeply what happens in the market, identify situations that are already clear for you and situations that still need to be investigated, or those that should be avoided. Every trader has his own vision of the market, and everyone is strong in a certain aspect. Comprehensive statistics provides the ability to pinpoint strengths and weaknesses and allow distinguishing randomness from logical outcomes. Thus, users will always get the complete information about each session and about their effectiveness in general.

Gamification and learning

SIMDAQ step-by-step training system is friendly for traders of any level. For the beginners, gamification and detailed demonstration of the basics are being developed. The analysis of specific cases, reviews of different practices and methods of trade will be interesting for advanced traders. SIMDAQ user experience is simple and clear, with plenty of hints and tooltips. This allows novice traders to learn and navigate the basics quickly, and experienced traders to move fast to the next level.

Trading robots

Nowadays, methods of algorithmic trading and automation provide a serious advantage in trading as programs can outperform humans in many aspects. Programs are emotion-free and never get tired; they make decisions quickly with no mistakes. Automated and semiautomated trading systems are presented more and more often in the arsenal of not only institutional investors, but also private traders. SIMDAQ platform allows you to easily formalize trading strategies and significantly extend your set of trading techniques. Moreover, after implementation of real-time data feed, your trading algorithms can be used as advisors for real trading, and after obtaining the appropriate license by SIMDAQ your robots can be executed for real trading inside the platform.

Development environment

SIMDAQ development environment consists of several levels. The first, visual level, makes it easy to understand the principles of automatic trading and create a modular trading system consisting of rules for opening, maintaining and closing a position. The modular approach makes it much easier to test and debug the trading system. More advanced users will be able to create their own skeleton from modules and implement each of the modules in the form of program code. For those who need more flexibility to implement their trading strategy, SIMDAQ will provide a powerful mathematics library and ability to design its entire algorithm in the form of a single program.

Testing on historical data

SIMDAQ allows you to quickly backtest the created automatic trading systems using large amount of historical data. This helps either to confirm the reliability of the system, or to understand which parts need to be improved. Visualization of trade decisions made by the program makes it easy to debug the system. A trader can optimize his trading system by running a series of tests with different sets of parameters. For each test, detailed statistics is collected, which allows you to track the effectiveness of the program in each case and on each set of financial instruments. Statistical module also has special indicators, such as maximum drawdown of capital, profit factor etc., which exclude the possibility of incorrect interpretation of profitable trading sessions when it is a result of randomness or excessive optimization of parameters.

Community Hub

SIMDAQ Community Hub is a specially created environment for sharing knowledge and experience within the SIMDAQ platform. It unites participants to achieve a common goal – to improve their trading results.

SIMDAQ Marketplace

Decentralized SIMDAQ Marketplace is a major element of the Community Hub. It allows community members to create content, publish it and receive a reward from other users and from the SIMDAQ platform with SMQ tokens issued during the ICO.

Rating system

The rating system, based on the statistics of the trading sessions, makes it possible to evaluate the quality of content published by the participant. The rating takes into account not only the profitability of the trader, but also his performance in comparison with other traders and in comparison with the "buy and hold" strategy.

Trading signals

Automatic trading algorithms created in SIMDAQ environment can be easily published in SIMDAQ marketplace for selling the algorithm or trading signals. Community members see the complete statistics of each trading robot, can check in black box mode how the robot behaves on some data sample, and decide whether to follow the trading signals of this robot or not. To subscribe to the trading signals, community members will need to pay SMQ to the author of the robot.

Streaming of trades

Smart charts technology can save every action made by user, that allows to significantly optimize the data transfer and implement our own platform for streaming, as if the one you are following trades directly on your computer.

Training with mentors

Social trading Transferring knowledge from a more experienced trader to less experienced one is a natural learning process, and SIMDAQ has the required environment for conducting individual or group courses with mentors. The technology of streaming using smart charts allows mentors to easily broadcast their actions and to monitor the actions of students in the process of performing tasks. Rating system and trade statistics allow you to choose a mentor who can really transfer you to the next level of market understanding and trading.

Social trading

With SIMDAQ streaming technology and smart charts technology, social trading is moving to the next level. You are not just blindly following the leader, but monitoring the analysis conducted by leader and understanding the essence of what is happening. For the leader it is also an opportunity to create better content and get a fair reward for it.

Decentralized tournaments

Using the technology of smart contracts SIMDAQ Marketplace introduces decentralized tournaments both for traders and for trading programs where everyone can demonstrate their skill in analysis using the same selected scenario. Participants compete not only among themselves, but also with the "buy and hold" strategy, so the prize fund can be left unreleased and pass to the next tournament.


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Whitepaper

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Site Officiel : SIMDAQ

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Nicely presented. Up vote and follow done. Keep it up.

You done it awesome .