AutoNIO is a decentralized AI trading system that grants open access to profitable algorithmic trading opportunities. It allows users of the NIO Suite to learn about, build, sell, and deploy intelligent trading algorithms, and run market makers through a single user-friendly interface.
Features of AutoNIO
Build: AutoNIO features an algorithm customization tool with 20 technical indicators. Those who don’t desire to create custom algorithms can alternatively choose from a base set of 10+ provided trading algorithms or import their own.
Shop: Vetted trading algorithms that earn over 10% returns on front-tested data can be sold to other users on the AutoNIO Algorithm Marketplace. The profits from these sales go directly to algorithm creators, without disclosing the technical underpinnings of the algorithm itself.
Deploy: Purchased/created AutoNIO algorithms can be front-tested, backtested, and deployed on any one of AutoNIO’s 5 integrated exchanges.
Market Make: AutoNIO offers a low-cost BitShares market making tool that allows users to make markets with the click of a button.
Learn: Users looking to improve their portfolios can pay for consulting, mimicry, and portfolio rebalancing services from other expert traders.
Building
Even the best trading algorithms are not profitable forever. With increased usage, trading algorithm returns can be diminished rapidly, leading to the need for constant innovation.
AutoNIO’s algorithm customizer allows creators to mix and match 20 trading indicators to build the most profitable algorithms possible.
Algorithm conditions and usage settings can be customized without any coding experience needed to interact with the app’s clean user interface. Users simply pick an exchange, pair, interval, and a set of indicators, and are ready to begin trading.
Users who are not interested in building their own algorithms can choose from an existing set of indicators or can purchase others’ algorithms on the AutoNIO Algorithm Marketplace.
Algorithms are self-hosted and decentralized, ensuring that the AutoNIO team will not be able to access personal trading information or strategies.
Shopping
The AutoNIO Algorithm Marketplace is an open environment for buying and selling trading algorithms.
The Marketplace is available for users to post the latest return-yielding trading tools, which can be bought and sold on an open, peer-to-peer exchange. The Marketplace will not possess control or ownership over any user-listed algorithms, instead acting as an interface for trustless transaction. This provides a simple means for traders to kickstart their operations and creators to earn by sharing their algorithms.
Vetting: To protect investors, all algorithms on The Marketplace are benchmarked and audited for legitimacy. Only algorithms that generate 10% revenue or greater within a week will be listed, while all others that do not meet this standard will be barred from entry.
Once listed, trading algorithm prices will be set by sellers, and broadcasted to the market. Buyers are able to backtest each algorithm as well as see the pair, exchange, price, and name of each listing. Algorithms can be purchased exclusively on the AutoNIO platform.
Privacy: The contents of an algorithm on The Marketplace are concealed until official purchasing. Algorithm information will be encrypted and stored locally on user devices in order to protect the trading strategies of the sellers.
Deploying
AutoNIO’s algorithm deployment services allow users to both rigorously test and successfully launch their trading algorithms. This is accomplished through the offering of backtesting, front-testing, and live trading.
Backtesting: Before deploying algorithms on live markets, traders will be able to backtest on relevant historical data. For technical users, backtesting can be done over custom time frames, risk, and profitability levels. To access this functionality, users can navigate to the “backtesting” tab, select the algorithm they seek to deploy, and begin adjusting.
Front-Testing: Once algorithms have been backtested using historical exchange data, they can be front-tested on a live exchange using a demo balance. This provides traders with increased trust in their algorithms before putting money on the line. This functionality can be accessed on the “Live Trading” tab.
Live Trading: Upon completion of testing, traders will be able to deploy algorithms on live markets by switching to “Live” mode on the “Live Trading” tab. Users can monitor balances and returns in real time and are able to shut down algorithms with a moment’s notice, depending on algorithm performance and preferences.
Market Making
While buying and selling complex trading algorithms is highly valuable, the AutoNIO team strongly believes that there must also exist simple tools that allow novice users to log in, click start, and begin trading.
For this reason, AutoNIO will be offering a low-cost market making tool that provides traders with a hassle-free trading experience.
The AutoNIO Market Maker is a simple, robust market making bot available to all users on the AutoNIO platform. To run The Market Maker, users connect their funds to the AutoNIO platform, choose their strategy, and click to deploy it. Upon deployment, The Market Maker will begin to conduct thousands of complex calculations from BitShares’ data points and execute rapid trades in a fashion highly optimized to the exchange.
Those looking for more advanced market making opportunities can freely customize The Market Maker bot to act upon custom conditions.
The long-term goal of The AutoNIO Market Maker is to merge algorithmic signals into its operation. This will help to protect market makers from getting caught in a one-way flow, commonly referred to as a “black swan” occurrence.
The AutoNIO Market Maker will launch with three strategies that users can implement to suit any trade style. More variations will likely be added in the future.
BitShares Market Maker Trading Options:
i) Nonstop Market Making (Default): Constant market making, without taking any price swings into consideration. Ideal for a choppy two-way market.
ii) Straight Shooter: Ideal for a slightly trending market where 5 to 10% swings in a day are common.
iii) Smart Market Maker: Ideal for market making in extreme conditions, where swings are high in volatility (e.g. 20% swings within five minutes). The smart market maker will increase the probability of a return in an extreme market and can be used in less volatile conditions.
Learning
Inexperienced traders will able to utilize AutoNIO’s “Learning Services”, which includes the ability to pay for consultation, copy others, and seek out performance enhancing techniques from trading professionals.
Using this service, users will be able to learn how to best to use trading bots and indicators. Consulting and education will be taught by fellow users with significant trading experience. Costs for consulting services are set by consultants in NIO tokens (see section 7), and are openly purchasable by any users on the platform.
To identify top consultants, users can search for those with the highest reputation and feedback scores (deemed by other users). Autonio allows clients to leave reviews and ratings on each consultant, helping users identify which consultants do or do not act in their best interest. The higher the rating, the better track record someone has of providing quality service.
Trade Mimicry
AutoNIO’s trade mimicry functionality allows time-pressed traders to follow the portfolios of the best traders on the platform for a daily followers fee. Participating experts will be listed on AutoNIO’s Mimicry Feed, where they can monetize their order data and provide value to those with less trading knowledge.
Portfolio Rebalancing Strategy
Those looking for advanced input can seek insights from top traders on portfolio rebalancing strategies. For a consultant’s fee, experienced traders will be able to provide live buy/sell suggestions on each user-owned cryptocurrency, recommending a new portfolio with an optimized level of asset allocation.
Exchange Support
AutoNIO currently supports deployment on several exchanges. The NIO team intends to add new supported exchanges monthly as the AutoNIO user base scales.
Connecting an exchange account to AutoNIO can be done through the entrance of exchange API keys, which will be stored locally to mitigate the risk of cloud attacks.
Once API keys are input into the AutoNIO platform, users will be able to view live buy/sell orders through the AutoNIO interface. Automated trading is also available for CryptoBridge, GDEX, and EasyDEX and will soon be available for seven additional exchanges.
AutoNIO is live and available for download both on desktop and mobile. AutoNIO can be accessed through https://auton.io/.
Join our community on Telegram for more information: https://t.me/Autonio
Trade #NIO on the following exchanges:
IDEX.market (ETH)
Etherdelta.com (ETH)
Mercatox.com (BTC)
Nebula Exchange (USDT & ETH)
Chinese CEX FUBT.top (BTC & ETH)
Exrates.me (USD, BTC & ETH)