A lot of work has been going on behind-the-scenes over the past few months. Data centres, partnership updates and a growing team are great, but we recognise that it all soon becomes a bit tiresome for our readers. Having laid the foundations, it’s time to put our new tech to work! This time around, we’ve got something a bit different for you. An early Christmas present, let’s say, with a lot more bells and whistles than a server room. It’s sleek, clean and intuitive — Signals version two dawns on the horizon.

The approach we follow, in terms of software development, is called Agile: cross-functional teams and constant reaction to the feedback given by the customer; a flexible environment where the next milestones are approached primarily by taking into account experiences and feedback given. We believe this is the best approach for companies like Signals, where a strong community has the capacity to provide very valuable, continual feedback which can help our development team adjust quickly to new ideas and approaches, covering all demand needs.

This software development approach doesn’t really allow us to provide rigid time frames for fixed milestones many months ahead, as it demands adaptive planning. This is the reason why we will be updating the roadmap at every new milestone, adding or editing features and providing a more accurate time frame once everything is on the right track. Once one milestone is achieved, the team will work on the next, taking a close look at feedback to improve and develop the next update accordingly, setting a time frame only once we can organize team efforts and properly estimate the work schedule.

Next Milestone: Signals v2

The next milestone, called Signals v2, is expected for early November and will come packaged in a brand new UX/UI design. We have built this version with a new infrastructure which is able to cope with very strict security and scalability demands. We also worked on redesigning the Signals platform as a distributed, micro-services oriented system, one which makes use of some of the best hardware available. Beyond these huge technical leaps, our focus has been on delivering an intuitive experience for our users, so we really hope you appreciate the clean, simple design we’ve put together.

Signals v2: one step closer to becoming the most intuitive, advanced algorithmic trading platform

The new platform will, among other things, allow users to easily code new strategies, backtest them on historical data, access multiple technical indicators, and receive buy and sell signals from different strategies on their phone through our new iOS and Android Mobile App. Here you can see a snippet of the Dashboard:

Dashboard of the Signals v2 platform

The Strategies Marketplace will be updated with new multi-asset strategies, which provide buy/sell signals from different cryptocurrencies and different exchanges, which is specially useful for arbitrage trading. When picking a strategy from the Signals library, you will have access to multiple metrics which will help you make an informed, quick decision about which strategy to follow. In addition, you can check a strategy’s performance based on live data as well as historical data. Drawdowns or Ratings given by users will also help in choosing the best strategy for you.

New look of the Strategies Marketplace, in which you’ll be able to copytrade what you like

The image below shows a multi-asset strategy in detail. You will be able to visualize Performance, Trading and Drawdown graphs from the different assets the strategy works with. This view can also be customized through filtering, by time and type (line, bar or candle). Moreover, apart from multiple statistics, you can also inspect the code which comprises the strategy.

Every strategy will show description, performance, rating and many more details

Coding new strategies will be possible in the new section, My Strategies. This will allow every user to code, using the new, intuitive version of the Signals Framework, and then backtest the new strategy using historical or live data. Once you are happy with your strategy, you can start receiving notifications from the buy/sell signals it sends. Regarding this, we are also excited to launch our Mobile App for push notifications, so you’ll never miss an opportunity again. The app will also allow you to scroll through the different strategies you are following and access details about the strategy and signals history.

Multi-asset strategy support enables developers to code trading strategies from different cryptocurrencies and exchanges

Another new, crucial feature of Signals v2 will be the Data Marketplace, which will provide a list of data from different exchanges. Users will be able to see details about the data set and examples of its usage. These data sets will be used for backtesting strategies. We will also launch the first version of the Indicators Marketplace, which will include a large list of technical indicators provided by the Signals Library. Users will have access to examples of usage and detailed explanations about every indicator.

Future Milestones

As we mentioned in the beginning of this blogpost, we will work on new Milestones once there is substantial feedback from the community which will help us decide on improvements in the right directions. However, we do have some estimations about some of the new features we plan to add across the next two milestones following the release of Signals v2:

Enable users to publish their own strategies in the Strategies Marketplaces and offer them for copy-trade.

Introduce social features within the platform, allowing users to comment or quote others.

Launch SGN deposits/withdrawals to purchase trading strategies developed by the community, premium indicators or data sets.

Connect users account to different exchanges via API, to allow them to manage their portfolio within the app.

Beyond the alpha

At the beginning of the year, we presented the first Alpha version of Signals Strategy Marketplace. We did so as we wanted to show you the potential of our platform and demonstrate one of the main use-cases of receiving buy/sell signals via Telegram, applying a few trading strategies from our growing library. The feedback has been great, especially from a user experience point of view. We saw over 20,000 registrations, bringing the invaluable opportunity to connect with all of you. Hearing what you thought about the platform, how we could improve it, and what new tools you thought might be useful, has really helped us raise Signals to a new level.

Over 20,000 users registered to try out the Alpha version of Signals Strategy Marketplace

As we continue with the development of Signals v2, we have made the decision to close the Alpha version. Our reason for doing so is to allow our entire team to turn focus towards delivering the new platform, saving time on the maintenance and optimization of the old version. This will speed up the development of all the exciting new features we’ve been teasing recently.

To our more active Alpha users, we recognise that this may leave a bit of a hole, one where platform testing fit so well. We’re sorry! It’s simply a matter of ensuring we can get the most out of our development team, so as to deliver all the promised goodies as quickly as possible. We are incredibly grateful for all the feedback you have contributed in the time the Alpha has run for, and we reckon you’ll be impressed with the results. Doing our best to stick to a realistic schedule, we hope you’ll appreciate the revised roadmap, covering our plans for the months to come. With Signals v2, we’re making huge steps towards our principle goals, while our broader community initiatives will start to take hold — Signals will become a place for top-tier traders to communicate, advise and benefit from each other’s talents.

We hope you’re getting as restless as we are — let the countdown begin!