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OG software Solutions SDN.BHD is a leading Software development Company for crafting innovative software with expertise in the industry along with years of experience. Our expert team of Trading Software Developers build the most reliable Trading Software which is suitable for your business. According to your business requirements, our experts analyze your requirements and purpose the best solution which you can customize it as per your organizationsu2019 needs.
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Cryptocurrency Trading Bot Software Development Company For More Details Please Contact Call / Whatsapp: +60 164998736 Website: www.ogsoftwaresolutions.com.my 30-2 jln 2/109E Desa Business Park, Taman Desa Jalan Kelang Lama' 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia OG software Solutions SDN.BHD is a leading Software development Company for crafting innovative software with expertise in the industry along with years of experience. Our expert team of Trading Software Developers build the most reliable Trading Software which is suitable for your business. According to your business requirements, our experts analyze your requirements and purpose the best solution which you can customize it as per your organizations’ needs.
OG software Solutions SDN.BHD have 24+ experts who are expertized in developing trading bots. We first, collect the requirements from customers and then proceed to the development process. Our cryptocurrency trading bot developers are well versed in developing a feature-rich crypto trading bot with the most updated technologies. Being one of the leading Cryptocurrency and Blockchain. Development of Trading Bots: Fear and greed are emotions that tend to impact trading and cause traders to blow up their accounts. Traders undergoing emotional stress are susceptible to overtrading, oversitting on losses, and premature closing of positions. Trading bots (also known as automated trading systems) are designed to protect people from these problems. Bots are programs that automatically follow a trading strategy set by the user. Their decision to buy or sell an asset is based on algorithms that analyse and interpret market data. Bots spare people from tedious operations, stick to an established strategy, and instantly react to market trends. They heavily facilitate the work of day traders and scalpers. Another benefit of using trading bots is that they process a large number of parameters simultaneously. No human could pull such a task off quickly and without unnecessary losses. Different bot trading strategies: Crypto trading bots rely on algorithmic trading in order to run and process complex mathematical formulas and automate and accelerate the trading process. Trend Following Strategy Arbitrage Market Making KEY FEATURES OF BOTS: Coin Management as per user preference that is to be tracked. User can add/delete the coins and the bot will track the signals. Turn on the Lenience and hard mode. Lenience mode will send you higher number of signals. The hard mode will result in fewer signals but with higher gains. Role of Bots in Crypto Trading? Cryptocurrencies are known for being incredibly volatile, with prices fluctuating dramatically even in the space of minutes. Investors are also has the opportunity to take part in cryptocurrency trading around the
world. Combined, these factors limit the effectiveness of human cryptocurrency trading in several ways. Investors in many cases cannot react quickly enough to changes in price to achieve the optimal trades that are theoretically available to them and they can simply not dedicate as much time to the cryptocurrency markets as necessary to always achieve the best trades. Fortunately for many investors, there are solutions to these issues. One of the primary solutions is bots, or automated tools that conduct trades and execute transactions on the behalf of human investors. How Bots Work: Bots can be incredibly helpful, although there remains an ongoing debate about whether they should be permitted in cryptocurrency trading. In order to maximize the impact of a bot, however, an investor must know how to best utilize the tool. For instance, investors must have the proper accounts set up across digital currency exchanges. Different types of bots for cryptocurrency automated trading: Arbitrage bots Market Making Bots Portfolio Automation Bots Technical Trading bots Advantages of Crypto Trading Bots: More Powerful- There is a specific limit to the amount of data a human trader can process at a time. Crypto trading bots can easily handle bulks of data and arrive at plausible conclusions. Efficient- Trading cryptocurrency assets are always considered more efficient using a crypto trading bot. Emotionless- A crypto trading bot takes every single decision based on the perceived. Unlike humans, it doesn’t have a fear of loss or greed of profit. Difference between a trading bot vs a human: Longevity– Bots can operate 24/7, humans need to sleep (and rest). Speed– Robots operate magnitudes faster than humans thinking time plus reaction time. Emotionless– Robots aren’t driven by greed or fear. They’ll always do what’s statistically more likely to win.
Capacity– Robots can process gigabytes of data per second. Humans quite simply can’t process that much data in that timeframe. Does a trading robot improve trading performance? Trading bot is designed to improve the practice of trading strategy and to improve the speed of order execution. However, trading robots are not foolproof like any other trading method. Following market trends, volatility and robot settings, results may fluctuate and become less (or more) profitable over time. Trading bots should therefore be constantly monitored and tested to assess their profitability and performance over time. These bots do generate profit, and the same is higher in the risk adjusted terms as compared to the ones who you had just bought and held. Quantitative Robot: As the newly upgraded and improved version of the 3rd generation of quantitative robot, QuantumBot, it has successfully solved the problems of the previous generations. Providing a more simple, intelligent, safe and humanised trading system. Suitable for both beginners and professionals to gain profit easily. How AI Trading Technology Is Making Stock Market Investors Smarter Artificial intelligence is to trading what fire was to the cavemen.” That’s how one industry player described the impact of a disruptive technology on a staid industry. In other (less creative) words, AI is a game changer for the stock market. While humans remain a big part of the trading equation, AI plays an increasingly significant role. According to a recent study electronic trades account for almost 45 percent of revenues in cash equities trading. And while hedge funds are more reluctant when it comes to automation, many of them use AI-powered analysis to get investment ideas and build portfolios. Artificial intelligence (AI) stands out as a transformational technology of our digital age—and its practical application throughout the economy is growing apace. AI Impact on society: People have been concerned about the displacement of workers by technology for centuries. Automation, and then mechanisation, computing, and more recently AI and robotics have been predicted to destroy jobs and create irreversible damage to the labour market. The
artificial intelligence and associated technologies could create mass unemployment during the next two decades. Impact on the financial system: Markets are well suited to automation, as they now operate almost entirely electronically, generating huge volumes of data at high velocity, which require algorithms to digest. The dynamism of markets means that timely response to information is critical, providing a strong incentive to take slow humans out of the decision loop. Finally, and perhaps most obviously, the rewards available for effective trading decisions are considerable, explaining why firms have invested in this technology to the extent that they have. In other words, algorithmic trading can generate profits at a speed and frequency that is impossible for a human trader. Benefits of AI Bot: AI powered bots are often utilized in software testing for various activities such as: Improves accuracy Tests are often run automatically whenever text file changes are checked in and notifies the testers and developers if they fail. Utilized in creating test cases automatically. Wont to generate test code automatically. Use to perform codeless tests. Enhances test automation process effectively. Automates the execution of tests. What is the advantage of Artificial Intelligence investing? Information Advantage – the ability to process more data including alternative data at a faster pace than what is capable for the human brain. Pattern Recognition – discover things that we, as traditional portfolio managers and investors, may not perceive – patterns, relationships, and historical anomalies, for example. Removal of human bias – without the implicit biases that can sometimes color the decisions of a human analyst or portfolio management team. How Will AI Impact the Future of Investing? AI’s ability to parse billions of pieces of data including new alternative data, allows for the formulation of unbiased investment insights in ways the human mind cannot. Advantages of AI bots:
AI bots are self-learning bots that are programmed with Natural Language Processing (NLP) and Machine Learning. It takes a long time to train and build an AI bot initially. However, AI bots can save a lot of time and money in the long run. The self-learn ability of AI bots saves money, as unlike rule-based bots, they do not need to be updated after a certain interval of time. AI bots can be programmed to understand different languages and can address personalized communication challenges faced by rule-based bots. With the use of deep learning, AI bots can learn to read the emotions of a customer. These bots can interact with the customers based on their mood. AI bots can help provide personalized customer service to enhance customer engagement. Since AI bots can handle customer queries from end-to-end without human interaction required, they can be deployed for round-the-clock customer service.