Share Signals
You can easily choose an asset, set direction (whether a buy, sell or pending order) and then determine a take profit and stop loss. You can also add TP2, TP3 and description for your signals if you want.
Who is entitled to publish signals on Arincen?
All Arincen users can publish signals from their personal area and through the designated sidebar. However, some users obtain the pro badge in recognition of their expertise in the field. They are the users we most target for their signals and analysis.
How are assets set?
This can easily be done by pressing on the Search tab in your personal area (sidebar). Once you do this, a new pop up will appear containing all the assets for which you can publish signals. All you need to do is to press the Select button next to each asset. See below thumb for clarification.
Which assets from which can you choose when publishing a signal?
There are more than 10,000 assets from which to choose. These include all markets, FOREX pairs, cryptocurrencies, stocks. indices and commodities, such as oil and gold.
What are TP2 and TP3?
All experts/users can set more than one take profit for each signal. These take-profit levels will help users determine the exit points. For example, if the trader prefers a long-term approach, then he can stay in the position until TP3 is reached. It is noteworthy that traders can keep track of the signal and receive notifications when TPs are reached or alternatively execute a manual closure if they deem no harm in the signal remaining open.
What does a description in the designated text area do?
The expert can add an explanation to his decision to publish a signal. This explanation, alongside the charts and various indices, are important tools meant to better understand the analysis upon which the expert had based their signal.
How to determine take profit and stop loss for each signal?
There are two ways to determine this. The first is through the area controlling the signal, whereby the direction is set by filling in the first take profit and stop loss automatically. After that, you can change this by pressing +/- inside the cell and/or deleting and determining the price you want. Finally, you can determine the price by moving the price line inside the chart by pressing and holding the mouse and moving it up and down freely.
Pending signals are signals that are only executed if and when a price reaches a predetermined level, higher or lower than the current price. You can publish pending signals on Arincen in the same way you can go about publishing a regular signal, by determining the execution price, take profit and stop loss. There are four types of pending signals: Sell Limit, Sell Stop, Buy Limit and Buy Stop.
How is the profit for each signal computed? What is the amount and how are they determined?
Determining take profit for each signal is linked to several factors, including entry price and current price, as well as amounts in the case of stocks, indices and cryptocurrencies, as shown below:
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20k$
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20k$-10k$
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10k$-1k$
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1k$-100$
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100$-50$
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50$-10$
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10$-1$
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<1$
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Stocks & Indices Amount
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1
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2
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5
|
50
|
100
|
150
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200
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1000
|
|
Crypto Amount
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1
|
2
|
5
|
5
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10
|
20
|
100
|
1000
|
For example, if the expert decided to publish a signal for Bitcoin, then the predetermined amount is one. By contrast, if he were to publish a signal on Apple stock, then the predetermined amount would be 50. Take profit is equal to (current price – entry price) * number of shares.
To put things in context, in the case of Bitcoin, say the expert published a signal to enter at the price of $20,000 and the current price is now $22,000, then the profit is (22,000-20,000) *1 = $2,000. As for Apple stocks, say the entry price was $150 and the current price $170, then the profit would be equal to (170-150) * 50 or $1,000.
The objective is to allow experts to publish signals on different assets and instruments, rendering the platform more diverse and attractive. Had the predetermined amount been one for all asset types, then it wouldn’t make any sense to publish signals on assets with a very low price. The idea is not to put an expert in say cheap US stocks (below $10) at a disadvantage. After all, even if he makes good signals, his profit will remain very low because share movement is small and doesn’t exceed $1.
As for the reasons the amounts were picked the way they were in the table above, this was done as per their price. For example, since the price of Bitcoin is very high, then traders will in all likelihood buy one coin, whereas in the case of an inexpensive stock worth less than $1, the trader is likely to buy a much bigger amount. Traders of stocks can, therefore, expect a small profit per share but one that can grow into a handsome sum given that they have bought a large number of shares. At the end, amounts are determined to balance up between the different assets, taking into account the purchasing power for each trader.
In the case of FOREX currencies, profit is calculated according to each pip movement, that being the fourth number after the decimal point (except currency pairs that contain one of these currencies: JPY, TRY, NOK, ZAR, HUF, RUB). For example, if the entry price for a EURUSD pair was 1.1132 and the current price is 1.1232, then the profit would be 100 pips. It is common knowledge that profits for currency pairs containing one of the abovementioned currencies are calculated somewhat differently.
As for commodities, amounts are predetermined as shown in the table below:
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size
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gold
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10
|
|
oil
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100
|
|
silver
|
100
|
|
gass
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100
|
|
bnt
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100
|
|
xpd
|
10
|
|
xpt
|
10
|
Amounts were determined for the same reasons mentioned above.
When publishing signals, you will notice a number of restrictions designed to ensure things continue to always make sense. For example, when buying, you cannot set a stop-loss higher than the entry price. Also, TP1 cannot be less than the entry price, TP2 cannot be less than TP1, and TP3 cannot be less than TP2.
By contrast, when selling, the same holds true albeit reversed. In addition, and to maintain the integrity of the platform, the stop loss cannot be more than double the final take profit. For example, if the signal on TP1 is 100 pips, then the stop-loss cannot be more than 200 pips less than the entry price.
Can you copy trade on Arincen?
No. Currently this is not available. However, this is something the Arincen team is developing.
How can you publish signals at the different channels, such as Telegram and Twitter?
After a signal is published, it will appear at the top of the Arincen page. You can then easily share it on the platform you like by pressing the Share button. Platforms available include Telegram, Facebook, WhatsApp, Twitter, etc.
Which cells must be filled in when a signal is published?
Predetermining the stop loss and the first take profit are obligatory in order to publish a signal. TP2, TP3 and the description are not.