XchangeRate Helps Investors Navigate

XchangeRate Helps Investors Navigate

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XchangeRate an intelligent algorithm or “robot” that helps investors navigate the complex cryptocurrency market and make expert decisions, all in one convenient platform. Data pipelines from plugins and APIs combine with unique, relevant metrics to detect market attitudes.

Investors set buy/sell parameters and choose to make manual or automatic trades triggered by if/then conditions. Users are freed from having to make every decision and separately track trends and currencies.

Instead, the XchangeRate robot makes intelligent decisions on its users behalf, enabling investors to trade popular currencies around the clock based on set criteria and interpretation of good data nalysis proprietary to XRR platform.


The first Augmented Intelligence platform SaaS App that brings intelligently analysed data to the trader using automation and decentralized strategy sharing.

Powerful Preset Filters: XchangeRate is a platform designed by traders for traders. Automated filter settings comes with a preset strategy that requires minimal efforts.

Cross Functional Strategy Approach: XchangeRate parses through the metric attributes of each coin on the exchange and loops through the strategy filter for entry signals and rates them on a scale of preference and fires a trigger through qualifying positions, loops the criteria using automation on entry and exits and in rounds and cycles.

Implementation Proofing: Adopting a strategy is one thing. Getting it into the market flow is another. XchangeRate provides tools to test strategies and filters with real market conditions and tests the strategy outcomes.


XCHANGERATE TOKEN

To expand XchangeRate.io’s vision and reach, we are launching a Token sale to issue XchangeRate tokens (XRR) on the Ethereum Blockchain. ERC20 XchangeRate tokens will be issued by smart-contract at the end of the Token sale (May 2018).

 Token name: XRR coin
Token symbol: XRR
Token type: ERC20
Token role: Utility
Total supply: 250 000 000
Available forsale: 235 000 000
Public ICO dates: April 12, 2018 - May 9, 2018
Minimum purchase: 0,10 ETH or 0,01 BTC
Accepted payment methods: ETH, BTC
Token ICO price: 1 ETH = 10 000 XRR
Soft Cap: 2000 ETH or 200 BTC
Hard Cap: 16 000 ETH or 1 600 BTC

Bonus






XRR Coin will be implemented as a utility token used to transact on the xchangerate.io in two major models. There is a subscription charge where users will make a minimum monthly payment to gain access to the platform. There is also a strategy rating marketplace where users can check the success rates of different strategies and the Token Costs (TC) the initiators have attached to them. Token Adopters can adopt these strategies at the TC while there is a platform fee for the transaction.


The XRR Team will work with major exchanges such as Yobit, EtherDelta, KuCoin, Huobi, OkEx, and Binance to list the XRR coin on their exchanges so that the XRR Coin can be easily bought and sold.


Since the Users of the XchangeRate Platform depend on the tools for their market engagement and trade activities, this concept creates a demand where there would always be a need to purchase XRR token from its holders.

EXISTING CRYPTOCURRENCY TRADING SOLUTIONS

At the moment all trading solutions available on the market can be divided into the following groups:

+ Informational: accumulating information from the internet, collecting different types of information (news, analysis, research, etc.) useful for traders on one easy-to-read platform (ex. Hade platform) making it easy for users to sort, filter, and process in order to make informed decisions;

+ Providing trading signals and predicting the market move (ex. Fintab, CoinFi, Signals, Taylor, Trademindx, Savedroid, Fox trading, Dropil, etc) basing on automatically collected and analysed data or using the AI.


We will not review all the existing systems in detail, because all of them are leaving the decision making process to traders.


The XchangeRate Robot (XRR) on the contrary detects and makes decisions on buy/sell attitudes itself. Our ultimate pursuit is to become a universal platform where users of our tools can leverage on our unique metric to have an edge on exchanges. Our metric has the unique ability to predict price direction by evaluating patterns in data that are publicly available on the exchange using API. These data characteristics are available and applicable on several exchanges where other instruments are exchanged like stocks, gold, oil, forex and other derivatives.


XchangeRate is well on her pathway to being a central platform that trades these instruments using XRR tokens as the only currency used to communicate value among users and platform access

PLATFORM ECOSYSTEM

The Coin Monitoring Board is a dashboard panel that tabulates the analyzed data from different data sources and displays it in a way a trader can sort to identify the market sentiments around available coins on the exchanges.


The Automation Robot is the part of the XchangeRate platform where strategy settings can be issued to the robot to automate trades using API and secret keys.


The MVP is the part of XchangeRate’s automation that does not require username, password, API or secret key but uses a preset to filter markets with price action.


While the Marketplace is the data hub where strategy, users, and performances are tabulated for users who want to adopt strategy can come to implement other user’s strategy in exchange for XRR tokens.


BUILDING THE ROBOT

XchangeRate Foundation

The XchangeRate Robot gathers data across multiple platforms for analysis using metrics for intelligent filters. These data have structures that give them an immense historical value that can be used for trend and forecasting. XRR implementation of these structures will allow for the archiving of these data assets in patterns that break specific user information away to store data, data sources, strategy and time in a way that can be used for valuable analysis. This will be an age long commitment XRR team will engage to leave these data as a contribution to analyzing markets – a valuable tool for research.



Decision Making

The XchangeRate Robot (XRR) is built upon a series of algorithms to detect and make decisions on buy/sell attitudes. The Relative Strength Index (RSI), is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100.

Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by finding divergences and failure swings. RSI can also be used to identify general trends.


Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA of the MACD called the "signal line" is then plotted on top of the MACD, functioning as a trigger for buy and sell signals.



Metrics

Price Relativity Ratio (PRR) is a ratio that compares the global price of a coin and the Ask/Bid on the exchange. The ratio bases its assumption on the fact that the price on the exchange tends to the global price. However, it would be safe to use some other indicators to strengthen the argument that the PRR provides.


The Suitability Index (SI) is the index that measures the average rate of coin traffic or demand on a coin on an exchange. It seeks to inform the trader if the demand is incremental or decremental. It helps the trader to make a buying decision based on how soon the trader would like to exit the trade.

APPLICATION METHODS

The XchangeRate robot has a console where the data read from over all the platforms is presented to the trader to help ease the decision making process. The trader can make informed choices based on the strength of the indices provided. This console is named Coin Monitoring Board (CMB). The CMB provides the RSI, MACD, PRR, FR and the SI very handy to the trader. However, the XchangeRate robot is designed as an automated tool to function as a smart buy and sell robot using these indicators as the elements used to filter coins on the exchange.



The watch list, on the other hand, does not do the actual exchange transaction but uses the preset filter to alert the trader when a coin has reached the indicators specified by the user.


HOW IT WORKS

XchangeRate frees the trader from the complexity of reading graphs and charts and helps the trader with readable data easy to interpret for immediate automated or informed decisions. Essentially, the product is a Trading Robot that combines these feeds into the algorithm for intelligence and meaning.

The intelligence enhances market movement picks and helps the robot in making entry and exits with accuracy.

The Uniqueness of the XchangeRate Robot lies in its ability to create a comparison of metrics across all the coins on an exchange by using the metric sorting mechanism. This simple but powerful method empowers the trader with the ability to always make the best decision per time on filtering coins with the acceptable growth indices.


XchangeRate implements metrics with broadly tested and trusted results. The Company will also explore the applications of the metric in other commodities and financial instruments on global platforms via exposed interfaces through API. The availability of these platforms would open up Xchangerate’s offering to a global audience with an ever growing user base.

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BUSINESS MODEL

The XchangeRate business model combines the subscription model and the internal value chain of tokenized-incentive-based strategy model.


XchangeRate charges minimal subscription fees to subscribers who run the Automated bot and the Coin Monitoring Board using the Bitcoin or XRR Tokens.


However, internally the XRR Coin is the currency that would be used to exchange value between the strategy initiator and the strategy adopter, with a fee for such transaction on the XchangeRate platform.


XchangeRate Robot and the Coin Monitoring Board are poised to take its offerings beyond cryptocurrencies alone, our research and development have found the relevance of our metrics in other speculative market variants like the stock market, commodities, and forex. The universal nature of our metrics will empower our token economy and deployment and drive up the value of each token on this offering.

TEAM


ROADMAP


MORE INFORMATION

Website: https://tokensale.xchangerate.io/

Whitepage: https://tokensale.xchangerate.io/en/whitepaper/en/

ANN: https://bitcointalk.org/index.php?topic=3110277

Facebook: https://www.facebook.com/xchangerate.io

Twitter: https://twitter.com/XchangeRate_io

Telegram: https://t.me/xchangerateICO



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Bitcointalk:https://bitcointalk.org/index.php?action=profile;u=1814424


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