Boosting Alpha is a trading technology provider utilizing the latest scientific approach. They develop high performing trading strategies for various assets based on artificial intelligence (AI), quantitative finance and unique data combinations.
All of their trading strategies are entirely driven by thoroughly backtested algorithms. With some of their algorithms backtested on an impressive history of 10–15 years, their developers are provided with an abundant amount of statistics. Backtesting allows simulation of challenging periods, like the 2008 financial crisis for instance. Simulations like these are making it possible for the developers to evaluate their strategies and improve them until they reach maximum returns.
Whether you are an individual investor, a fund or wealth manager, or a complete novice; it’s safe to say Boosting Alpha is one of the
best players in the automated trading game. Boosting is managing over 30 million USD on centralized trading platforms and has an enormous network of investors.
Mercor is in a deep and extensive partnership with Boosting Alpha and is lucky to have such a strong developer deploying its strategies on the platform.
Going to Mars
Boosting Alpha kicked off the weekend with a blast by deploying no less than four new algorithms on the Mercor platform!
All four algorithms showed immediate profits — in only a few days.
‘Going to Mars’ is one of the new bots. Going to Mars is a fast-trading bot that only trades in the ETH/BTC cryptocurrency pair. On average, the capital is traded around 2 to 3 times per month and it always trades in increments of 25% of available capital. This bot will relatively quickly move into the market or out of the market when required.
Named after Donald Duck’s rich uncle — Scrooge McDuck — ‘Scrooge’ is another trading strategy by Boosting that showed profits in its first few days.
Similar to “Going to Mars”, Scrooge is also a fast-trading bot that only trades in the ETH/BTC cryptocurrency pair. On average the capital is traded around 8 to 10 times per month and it always trades 100% of available capital. This bot will relatively move quickly into the market or out of the market when required.
Time for champagne!
The third bot supplied by Boosting Alpha is called ‘Champagne’. You might think: don’t celebrate too early, but also this bot is showing an upwards trend — already in its first couple of days of trading.
Like the previous two bots, Champagne trading bot is a fast-trading bot that only trades in the ETH/BTC cryptocurrency pair. On average the capital is traded 6 to 7 times per month and it always trades in increments of 50% of the capital. This bot will relatively quickly move into the market or out of the market when required.
Last but not least, we would like to introduce ‘Hirundo’. This unique bot is showing green numbers already and it utilizes Artificial Intelligence, Machine Learning and Technical Analysis in its strategy.
Hirundo trading bot trades in ETH (Ethereum) coin. This bot starts by investing only 25% of the capital and increases/decreases exposure based on the development of the open positions. As such, the bot tries to increase the percentage of winning positions relative to the losing ones.
Difference and Caps
While the bots might look similar, there is a significant difference in their trading strategies. The mathematical concepts behind Scrooge and Going to Mars are of a different nature. While Scrooge is more like an AI bot, all of the new algos include Technical Analysis and Machine learning in their strategies. As one might have noticed, there is also a difference in the amount of capital invested by the bots — this concerns the exposure of the total capital at one time.
Lastly, the bots have max caps! They are capped at 100 BNB, so don’t miss out!