Margo Zolotykh
VP of Product
EndoTech New Year 2019 Release
12-24-2018

Congratulations to our community on taking the next step into the EndoTech’s AI evolution!

Today, December 24th, 2018, EndoTech is launching a New Year release that includes: 
• Enabled ΣTBot™ connection to the Bitfinex exchange
• Added Intra-bar Gradual Profit Targets
• Added Re-entry (trade-reversal) signals
• Added Mixed portfolios capability
• Improved usage of Leverage
• New Version of ET Pro Orders to reduce spread, slippage and takers-to-makers fees
• New version of ET Indicators: ET Volatility Indicator, ET Opportunity Indicator, ET Breakout indicator in ET Portfolio logic


ΣTBot™ connection to the Bitfinex exchange

Please follow our instructions on how to connect an exchange account.

For existing users: if you decided to split your funds between Kraken and Bitfinex accounts, please follow our instructions.


ET Leverage Rules:

Though we are placing leverage in all orders, the active usage of leverage happens after:

* 30% profit, or

* 20% account loss.

After 30% of profit, the system starts using a compound feature together with 2x Leverage.

And if your account is down 20%, we keep active capital fixed at 80% (using leverage) until your account balances in order not to reduce active capital.  The reasoning is – crypto markets are volatile enough not to have high risk/reward without leverage at all.

But as our clients requested higher leverage – we want to help them to be responsible traders/investors — not gamblers. Till clients have some buffer of profits (30%) or sufficient reason to speed up the recovery process (after 20% loss) we consider an increase in leverage too risky. As during a couple of hours, markets can crash 10%, increasing leverage to 2x,3x,5x – will lead to 20%, 30%, 50% in such extreme moves, when some of the exchanges don’t have enough liquidity to exit all positions.

Our rule of bot execution during “flash crash” situation, is to wait till the market cools down and then to exit positions. As the market is usually over-reactive and recovers some of the moves quickly.

We don’t want to put our clients and ΣTBot™ into the situation where one unsuccessful trade execution will be a deal-breaker and stop clients using the ΣTBot™.


Intra-bar Gradual Profit Targets

We have introduced Gradual Profit Targets that lock some of the profits for each trade/position.

We don’t yet send them through emails/app nor do we display them on our resulting charts on the website, but you can see them appearing on your accounts that trade via ΣTBot™.


Re-entry (trade-reversal) signals

In cases when a reversal move is strong and demands not only the closure of a position but taking the opposite side, we introduce Re-entry or Trade-reversal signals that will be applied by ΣTBot™.


Mixed portfolios capability

We are constantly expanding our trading methodology and ideas, and have decided to implement a mechanism for upgrading our portfolios with new algos while keeping a majority of active capital with the previous version of the algos. We start with the 30-70% rule but keep it flexible based on risk/reward/stability etc.


ET Pro Orders

We implemented a New Version of ET Pro Orders to reduce spread, slippage and takers-to-makers fees.

Over the last quarter, we went from market orders to limit orders (join ask/bid), to limit mid orders ( (ask+bid)/2 ). We continuously implement improvements to the algorithm of limit orders, starting with identifying optimal price, and optimal cancel/replace timing.


ET Indicators

We added ET Volatility Indicator, ET Opportunity Indicator, ET Breakout indicator in the ET Portfolio logic.

We are getting closer to the release of our upgraded fully functional ML system which is able to fine-tune, adapt and learn from the market. One of the remaining steps was to improve the internal indicators in order to facilitate the parametrization of the market for the ML system.


For more details contact our support@endotech.io by email or chat.

 

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.

Past performance, real or hypothetical, is not indicative of future results.

There is a risk of loss in virtual currency trading.

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