HYIP-Man: Launch HN: Mudrex (YC W19) – Automated Trading Without Code
Saturday, March 09, 2019
Launch HN: Mudrex (YC W19) – Automated Trading Without Code
Launch HN: Mudrex (YC W19) – Automated Trading Without Code
Hello, HN! We're Rohit, Edul, Prince, Alankar and Snehil. We're building Mudrex ( https://mudrex.com ). Mudrex helps traders automate their trading without having to code and spend a lot of time and money into building an automated trading infrastructure. Though we have started with cryptocurrency trading first the goal is to help anyone who wants to get into automated trading or investing across any asset class. We had been trading cryptocurrencies since sometime and were not able to track trading opportunities across 1000s of currency pairs for 24 hours a day and 7 days a week. We thought of automating our trades but faced challenges like not able to access historical data, building a testing framework to test our strategies on historical or live data and maintaining connections & orders on multiple exchanges. Also since it was all coded we were not able to quickly iterate on trading ideas since for simplest changes we had to dig into code and deploy new strategies to retest them. That also made it hard to having a log of all the trades, strategy changes, back-tests, papers to compare things at one place. After talking to 100s of traders we found out almost all active traders are facing the same problems so we decided to build Mudrex. At Mudrex traders can quickly build any kind of trading strategies using 150+ indicators, 50+ candlestick patterns, price or volume action. They can test their trading strategies on historical and live data to optimise and automate their trading by connecting their order only exchange API keys. Cryptocurrencies are just a start for us and we have been growing very quickly since the launch and getting feedback from more and more people every day. But there are millions of traders out there, trading manually across different asset classes just because they don't have capital and resources to build an automated trading infrastructure from scratch. We want to solve all of their problems so they can focus on building trading strategies instead of spending too much time on infrastructure issues. One of our user tried to define our goal as "Democratising algorithmic trading and investing" and we are working hard every day to get closer to that goal. For the next 2 months the platform is free to use but we will charge a $0-$100 monthly subscription fee depending on usage with a free tier available. Next on our roadmap are things like a code editor(where traders can build custom indicators using minimum coding), a market place between traders & investors and integrate equities & forex. We dream of reducing the gap around financial opportunities between the wealthiest and the rest. We just got started with a big dream and we are going to face many technical/design/operational challenges ahead of us but with the help of our user's feedback and support, we are sure we can achieve it. Looking forward to hear feedback from the HN community to continuously keep going in the right direction.
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Written at 6:10 PM by Frank.
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