LUCRE is an exclusive automated trading system for cryptocurrencies designed to surpass the strategy of simple cryptocurrency ownership. It is developed by a team with 8 years of algorithmic trading experience. As shown recently, to keep the cryptocurrency, this is not the best way to increase your wealth. The algorithm LUCRE was founded on the philosophy - not HODL, Bargain! Which allows you to trade both long and short. The great attraction of this project is the ability to generate revenue in all market conditions, buying and selling at every opportunity.
Lucre Trading Algo will work on the Metatrader platform. The participants in the purchase token will receive the token LCR, which will track the performance of Algo. The price will be updated regularly to accurately reflect the value of the underlying crypto assets that Algo trades. A participant may trade on the stock exchanges, which will transfer the token LCR. The LCR token will only be sold during pre sale and token sale. After the token sale, no more tokens will be issued .
LUCRE is an automated algorithmic trading system based on statistical analysis for the last 5 years (for BTCUSD). Automatic trading, which allows you to set certain rules for both entry and exit trades that, once programmed, can be automatically executed via the computer. The algorithm tracks the markets to find buy or sell opportunities based on trading strategy specifications. Once a trade is entered, any orders for protective stop loss, trailing stop and profit targets will be generated automatically. In fast moving markets, this instant entry can mean the difference between a small loss and a catastrophic loss if the trade moves against the trader. There is a long list of advantages of computer monitoring of markets for trade and execution of transactions. Some of the benefits are listed below:
- Minimize emotions-automated trading systems minimize emotions throughout the trading process. Since the trading orders are executed automatically immediately according to the trading rules and have been executed, the traders will not be able to hesitate or question the trading. In addition to helping traders who are afraid to "pull the trigger", automated trading can curb those who tend to over – trade-buying and selling on every conscious opportunity.
- Ability to backtest-applies trading rules to historical market data to determine the viability of an idea. Thorough backtesting allows you to evaluate and fine-tune
trading idea, and to determine the expected system-the average amount
that the trader can expect to win (or lose) per unit of risk.
- Maintain discipline - because the trading rules are set and the execution of the trade is performed automatically, discipline is maintained even in volatile markets.
- Achieving consistency is one of the biggest challenges in trading is to plan the trade and trade the plan. Even if the trading plan has the potential to be profitable, traders
those who ignore the rules change any expected duration of the system.
- Improved order entry speed - as computers respond instantly to changing market conditions, automated systems are able to generate orders as soon as you trade criteria. Entering or exiting a trade a few seconds earlier can make a big difference as a result of the trade. Once a position is entered, all other orders are created automatically, including protective stop losses and profit targets.
- 24X7 market - since the crypto market is open 24X7, it is almost humanly impossible to trade each entry signal around the clock manually.
Official website: https://www.lucretoken.com/
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