How does the System work?

Terms

Predictions - predictions; Mirocana Core predicts whether one or another currency grow or fall and, based on this, forms the percentage distribution of currencies in the portfolio.

Allocations - distributions (recommendations). It is what backend forms based on the Core predictions, chosen risk settings (low & average) and initial portfolio.

Orders - orders for placing on the Exchange. They are formed based on the current portfolio in order to maximally bring it to the allocations indicators.

How does it work?

Risk selection

Currently in the risk settings we offer the user to identify the current market type (bear, flat, bull) and the System will select the optimal level of risk to profit. This is a temporary decision that allows increasing performance of the System. We are already working under the new module.

Rebalancing frequency selection

Once a day/once a week - now they both don’t affect anything.

Neural networks selection

Currently, there are three neural networks which are different due to the various results depending on the market situation and risks.

Speculative - follows trends in the market and allows you to keep abreast of the cryptocurrency market.

Investing - this network is more stable. This is the algorithm that has been working and learning for a long time.

Growth - this network is directed on the stable growth no matter what happens in the market.

All the neural networks results for the past periods are available on the graphics when choosing the net.

Allocation update

All the neural nets are set to predict the next 24 hours, but the predictions themselves are updating once in 4 hours.  The frequency of the updating is related to the fact, that when there is a half-automated trading we don’t know for sure when exactly the user places orders. In order to influence the final result  less allocations are updated more often. After the order placement there starts blocking for 20-24 hours. It is done to avoid too frequent order placement.

When user switches neural networks or risks, allocations change or not depending on the time when the last order was placed.

Automated trading

Automated trading works the following way: all the users every day at 00:00 UTC get predictions that form the orders. After at 00:10 all the orders are executed. 10 minutes delay guarantees that allocation on each and every account will be updated and orders will be formed.

When automatic trading is enabled on the account, orders may not be formed the very first day, precisely because of the restriction on updating allocations, if the user has completed orders for the past day.

Manual trading

User can select manual trading by placing orders on the Exchange not through Mirocana System. That will lead to 24 hours block for allocations update and orders placement.

Allocation deviation

When forming orders the minimum possible trading size on the Exchange on the particular pair is taking into account.  If the order is less than one or the both of the minimal value of currencies, it will not be placed.