NapoleonX Platform: A Guided Tour
By: Napoleon Group
Tags: Bitcoin, Cryptocurrency, Tutorial, Investing, Finance

2. TRADING SIGNALS [N]

If you have registered on the platform but do not own NPX tokens (or didn’t associate it with your account) yet, you will be able to see the performance of our strategies but you won’t have access to the trading signals.

Trading Signals tab: Performance view [R]

Reading values:

• Current value: current value of the strategy with an index base 100 at inception.

• Underlying: the financial instrument on which the strategy is based.

• Perf 12m: strategy’s performance mesured over the past 12 months.

1. Level of speed

If you own NPX tokens and have associated it with your account, you will have access to our trading signals at three speed levels, depending on the number of tokens you own:

• up to 999 NPX (Silver account): get signals 30 min after market close;

• from 1,000 to 9,999 NPX (Gold account): get signals 15 min after market close;

• 10,000 NPX and more (Platinum account): get trading signals 15 min prior to market close, with a refresh less than one minute after market close.

Types of accounts and the corresponding levels of speed at which you get the signals.

Get NPX tokens on IDEX and IDAX and read our tutorial to learn how to associate your NPX (ETH) address with your account.

2. Underlyings

We provide trading signals for both traditional and crypto-assets. NPX token holders enjoy access to the signals generated by our first 10 strategies:

• BTC/USD

• Gold

• EPRA (Real Estate, Europe)

• Oil & Gas Europe

• S&P500 (Stocks, US)

• Eurostoxx50 (Stocks, Europe)

• FTSE100 (Stocks, UK)

• NKY225 (Stocks, Japan)

• HSI (Stocks, Hong-Kong)

• MXEF (Stocks, Emerging markets)

We have also introduced two new crypto strategies in May. They are made available to all our NPX holders with no minimum threshold, until first DAFs are launched:

• ETH/USD

• ETH/BTC

Trading Signals tab: Signals view [N]

3. Using the signals

The signals are given in the form “long”, “short” or “neutral” (except for ETH/USD and BTC/USD strategies; see below).

• Long (represented by a green bar) means that our algorithm anticipates an upward trend in the price of the underlying (an increase in price is expected). It’s a buy signal.

• Short (orange bar) means that the strategy foresees a downward trend in the price of the underlying (a fall in price is expected). It’s a sell signal.

• Neutral (blue bar) means that no trend (bullish or bearish) could be determined regarding the underlying. If a long or short position was already open, this can be considered a “soft sell” signal. If no position was open, it indicates that it’s preferable not to open a new position at this time.

ETH/USD and BTC/USD models are specific and operate with 2 modes only: neutral or long. We have backtested these strategies with shorts and it destroys value over the long term. Neutral should therefore be considered as a strong sell signal for these two strategies.

ETH/USD strategy

We do not provide price targets with our signals or a time frame for the trade — it’s all market driven — , and we do not provide APIs or any other mean to automate the use of the signals.

4. Update time and frequency

Market opening and closing hours are available here (third-party website, we assume no liability). Crypto markets being open 24/7, closing time is set at 00:00 (12:00am) UTC for our BTC and ETH strategies.

Signals are updated once a day at market close (note that this doesn’t mean that the strategy’s position is necessarily modified). We are using your browser/computer time zone to adjust the timing for the signals, so that it always corresponds to your actual time zone.

Time of the next signal is indicated in two ways:

• Over two hours before the signal is made available, the (absolute) date and time at which the signal will be broadcast is shown and the corresponding section reads “Next signal”;

• Within two hours before the signal is made available, date and time are replaced by a countdown and the website reads “Next signal in”.

Absolute (left) and relative (right) time for the next signal

5. Enigma

Our BTC/USD and ETH/USD strategies are also available on the Enigma Data Marketplace. They are identical to those listed on the platform, but signals are delivered with a longer delay — they are first broadcast to our Platinum, Gold and Silver members before being sent to Enigma.

Read more about our Trading signals on Reddit.

Disclaimer:

The signals generated by our strategies are for guidance only: they are intended as information flags, not action commands. We do not guarantee their accuracy, efficiency, performance or any other characteristic. A signal may very well prove inadequate, i.e. the market will not necessarily move in the direction identified by the strategy.

The average performance delivered by a low-frequency strategy is measured over the long term (around 6–12 months and more) and the fact that it is positive does not mean that all trades it has initiated have been, or will be, systematically beneficial. Past performance is not indicative of future results.

Given our strategies are low-frequency, executing your order a few hours after the signal has been updated should not fundamentally impact your medium or long-term performance. However, markets’ inherent volatility may always lead to short-term spreads between our strategy and your own execution.

Keep in mind that investment and risk management are up to you. You are solely responsible for your use of the trading signals, including, but not limited to, your entry point, level of exposure and leverage. NapoleonX assumes no liability for the use of the signals provided or losses that you may incur. Please refer to the Terms of use for further information.