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Wednesday, October 10, 2018

LUCRE - Automatic Algorithm Trading System Based on Data Statistical Analysis


Hello everyone, in this new post I want to introduce the LUCRE project, and for more details, let's just go to the following discussion:

About LUCRE
LUCRE is an automated algorithmic trading system based on statistical analysis of data from last 5 years (for BTCUSD). Automated trading, allow to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. Once the rules have been established, the algorithm monitors the markets to find buy or sell opportunities based on the trading strategy specifications. 

Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In fast moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader. 

There is a long list of advantages to having a computer monitor the markets for trading opportunities and execute the trades. Some of the advantages are listed below:
  • Minimize Emotions - Automated trading systems minimize emotions throughout the trading process. Since trade orders are executed automatically once the trade rules have been met, traders will not be able to hesitate or question the trade. In addition to helping traders who are afraid to "pull the trigger", automated trading can curb those who are apt to overtrade – buying and selling at every perceived opportunity.
  • Ability to Backtest - Backtesting applies trading rules to historical market data to determine the viability of the idea. Careful backtesting allows to evaluate and finetune a trading idea, and to determine the system's expectancy – the average amount that a trader can expect to win (or lose) per unit of risk.
  • Preserve Discipline - Because the trade rules are established and trade execution is performed automatically, discipline is preserved even in volatile markets.
  • Achieve Consistency - One of the biggest challenges in trading is to plan the trade and trade the plan. Even if a trading plan has the potential to be profitable, traders who ignore the rules are altering any expectancy the system would have had.
  • Improved Order Entry Speed - Since computers respond immediately to changing market conditions, automated systems are able to generate orders as soon as trade criteria are met. Getting in or out of a trade a few seconds earlier can make a big difference in the trade's outcome. As soon as a position is entered, all other orders are automatically generated, including protective stop losses and profit targets.
  • 24X7 Market - as Crypto market is open 24X7 it is almost humanly impossible to trade every entry signal round the clock manually.
PERFORMANCE


Return on HODLing Bitcoin vs Performance of LUCRE Trading Algorithm
Past performances are not indicative of future results

Back-tests of Algo trading were carried out for 365-days over the period 1st April, 2017 – 31st March, 2018 on the MetaTrader's Strategy Tester using high-quality tick data. Trade related expenses are calculated as 1% over-market for every trade executed as spread and any swap (overnight interest) charged if the trade is kept open after 5:00PM EST.

SIGNAL SERVICE
Receive buy/sell/close alerts of high-quality and exclusive trading signals with +75% of accuracy to trade it yourself on any broker or exchange.

AUTOMATED TRADING
Fully automated system compatible with all Crypto exchanges and Forex CFD brokers to connect LUCRE with your account without need to move your funds.

TRADING POOL
LCR tokens deposited in the pool will be managed by LUCRE algorithm and trading team.

LUCRE PROCESS DETAILS
Powered by Blockchain Technology

Participant applies for the LUCRE Token and gets whitelisted (KYC/AML). After receiving the confirmation of been whitelisted the participant then sends the funds (ETH) to the public address of the Token sale event. After receiving the funds, LUCRE smart contract automatically sends the LCR Tokens to the sender’s wallet. Part of these funds are sent to the company reserve fund wallet; At the end of the Token sale event, 40% of the received funds in ETH are liquidated and transferred to the LUCRE Derivatives Trading account where trades are executed by the LUCRE Algo. The trading account is also linked to a third party system where the performance of the Algo is verifiable 24X7.

For every trade executed by the LUCRE Algo, a signal will be sent out to every participant who has contributed more than 1ETH during the Token sale. These signals can be used on Metatrader terminals offered by CFD crypto brokers and in the future will be available for crypto exchanges as well.

Daily performance calculations will take place and posted on the LUCRE dashboard.


ERC20-COMPLIANT SMART CONTRACT

The smart contract complies with the ERC20 token standard and can be used from any compatible Ethereum wallet. Participants should keep in mind that there is a risk of loss if they send Ether from an exchange. Exchanges do not offer the ability to interact with crowdsales in general. A wallet should be created outside of any exchange and Ether should be sent from that wallet to the crowdsale contract.

Participants can send ether to the contract directly or via buyTo function. The ether purchase amount is used to calculate the tokens bought which are then added to the balance of the participant account. The participant account (the account that is debited with tokens) is the sender account when using the buy and fallback function or the speciļ¬ed address when using the buyTo function and passing an address as an argument.

TOKEN ISSUANCE & STRUCTURE
  • Total Token supply: 12 500 000 LCR
  • Available for Purchase: 10 000 000 LCR
  • Token Type: ERC20, Ethereum Blockchain
  • Minimum Raise: $1 600 000
  • Maximum Raise: $7 000 000
  • 80% of the tokens allocated to the participants (10 000 000 LCR)
  • 14% for developers and company reserve (1 750 000 LCR)
  • 3% for rewarding advisors (375 000 LCR)
  • 3% is used on Bounty program and marketing (375 000 LCR)
  • Token Pre Sale Period: 15th Oct 2018 (30 days)
  • Token Main Sale Period: 14th Nov 2018 (4 weeks)
A substantial portion of the funds, 40%, will be dedicated to servicing on the development team and the creation of platforms

Another 40% will be contributed in the Trading Pool to provide profits to the Token sale participants

15% is for capex
3% will be spent on marketing aimed at attracting new users to the platform, creating a community interested in the token and the service
Remaining 2% for legal and compliance fees

Ico Fund Distribution and Token Allocation


TOKEN SALE STAGES

PRE SALE
  • 30% OFF TOKEN PRE SALE
  • 15 Oct 2018 from 00:00:00 (UTC)
  • 20% OFF ROUND 1 MAIN SALE
  • 14 Nov 2018 from 00:00:00 (UTC)
  • 15% OFF ROUND 2 MAIN SALE
  • 21 Nov 2018 from 00:00:00 (UTC)
  • 10% OFF ROUND 3 MAIN SALE
  • 28 Nov 2018 from 00:00:00 (UTC)
  • 0% OFF ROUND 4 MAIN SALE
  • 05 Dec 2018 from 00:00:00 (UTC)
PROJECT TIMELINE

Initial Research and Development 
  • Nov 2017 - March 2018 - Developed the trading algorithm and concept; conducted thorough backtests to determine trading parameters Develop Smart Contract
  • April – May 2018 – Developed LUCRE smart contract to best practice specifications Finalize Smart Contract and Trading Protocol
  • May – July 2018 – Complete smart contract, Whitepaper and LUCRE Website. Consultation with industry expert advisors. LCR Whitelisting and Token Pre-Sale
  • 28th August 2018 – Whitelisting Token sale participants; Bounty Program launch; Marketing
  • 15th October – Token pre-sale. LCR Token ICO Launch
  • 14th November – Token main sale. Public Launch on Exchanges
  • Q2 2019 – LCR Token is listed for trade on exchanges. Final development and improvement of trading platform
  • Q2 2019 – Improve development of the Algo Launch Autotrading Service (Beta)
  • Q4 2019 – First version of the Algo and signal service released Final version release
  • Q1 2020 – Final Algo version and signal service will be released Data Collection; Regular Operation
  • Nov 2017 - Future – The data pulled regularly from the brokers and will be stored.
This valuable deep dataset will be used to optimize the Algo. Research and Development of other Crypto algorithms.

CONCLUSION

LUCRE is poised to set a new standard for cryptocurrency participation. It aims to alter the tendency to HODL the crypto assets which doesn’t always give high returns as we have seen since the peak in December 2017. Holding the LCR tokens gives access to the high performing trading Algo which takes aims to better perform than just HODLing it and hoping it will keep going up.

You can find out more about the platform or participate in their crowd sales through the following links:


Bitcointalk username: Aray80

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