Financial markets, from cryptocurrencies, commodities to stocks, operate with a mountain of information. To effectively apply data analytics in the financial world, we need to collect large amounts of data and gain insights from it.
The key modules to AXION BOTS success:
Market Risk Prediction
Analyzing raw market data to calculate the potential risk in the market. Based on that information, the bot will decide how much to invest or trade.
Buying/selling the assets
This module of the bot uses APIs to trade strategically. Sometimes, trading in big lots should be avoided. On the other hand, some situations call for immediate purchases. This execution module takes care of such aspects. It also has the power to trail financial markets and therefore it can close trades at the highest profit positions.