Buy Robots
Botomation is not about re-inventing the wheel. We took the tools that worked and improved on them. Automated trading has been around for awhile - but the process of getting the automated bots setup is not automated - in fact it is quite complicated! Imagine a world where setting up a robot was possible in 2 or 3 clicks. Monitoring of the robot, reporting, and related tasks were all available in one dashboard. Furthermore, having multiple accounts at different brokers, that trade the same or different robots, could be all monitored and controlled from one consolidated platform. That's what we envisioned with FXBOT.MARKET and in order to achieve this we had to create this Botomation engine.
Botomation Development Flowchart (Algorithm)
The above logical and mathematical process was completed manually with brainstorming tools such as iMindMap, the same used by Intel, Apple, Microsoft, and NASA. From there logical diagrams were created and finally programming code. Code is inspected and compiled into the production Botomation engine that runs this site. Everything is based on web based technology backed by the cloud; that means all runs on fxbot.market publicly and AWS cloud privately.
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Programming languages we used to create our Botomation engine include:
Environments:
Processes:
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First we created a logical action-map with thousands of possible user actions, and then assigned to them tags and types (Basic classification and identification). Then we connected them in a mind map based on their tags and types, and from there created algorithms to map out the user experience logically. Other views were sorted by operation type:
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A single process (conceptually) may be as simple as a 3 step diagram. This is a conceptual design phase map and is supported by hundreds of background processes. This tells us logically what we want to achieve. And from the perspective of the user, it should be that simple; point, click, and trade. We try to make all of our processes within 3 steps. The background operations such as server requests, cron jobs, push and pull, get and post - are a lot more tedious. The key is to make it work seamlessly across multiple technologies, which is why LAMP architecture hosted on AWS was chosen; PHP integrates naturally with MySQL. Joomla is a native PHP/MySQL application, which was used as a 'template' and reworked and re-engineered from the ground up. Botomation is not easy, but that's why it's valuable. |
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Computer hardware architecture to support this was then designed, as programming began in a test environment.
Finally as the working model was being implemented for live use, we summarized the backend operations from the perspective of the user, what this engine really does:
This single integrated system is less complicated due to a single point of infrastructure provided by Amazon Web Services (AWS). Without AWS it would still be possible, but AWS provides a huge amount of cloud and dedicated hardware options and architecture to support it. AWS supports automation safely by providing technical checks and security measures to ensure as much as possible from processes to overwhelm a server or cause certain risks. A simple list of the sub-module components:
- Core marketplace, powered by Virtuemart
- Sub-product types
- FX Trade Bot, Trade Copy Bot
- Software licensing bot
- PDF/Script/.set file / flat file locking based on subscription bot
- MT4/5 EA/Indicator locking bot
- Cloud server/VPS/web services management bot, powered by WHMCS
- Classifieds management system
- FX related tools
- Trading Analytics Platform (TAP)
- Performance History Database (PhD)
- Single account Seller / Buyer Dashboard
- Market Calendar, FX Heat Map, Market Clock
- Support System and development tools
- Forums
- Ticket system
- Live Chat
Individual Modules
Trading Analytics Platform (TAP) collects and analyses trade data for traders & subscribers. TAP provides verified statistics that users want to know.
FX Trade Bot
FX Trade Bot is the core product type in FXBOT.MARKET's robot marketplace. It allows any signal / robot vendor to sell their robot through the FXBOT.MARKET marketplace. FXBM developed a proprietary trade copier that copies trades from the master account to the client account in less than 1ms in the cloud. A cloud trade copier is an ideal technological solution, as it eliminates the need of users themselves to fiddle with Windows VPS and related software. Our cloud copier has the best of both worlds, it allows clients to accurately copy robots of their choosing while doing it on their accounts individually based on their settings, in their own self-traded accounts. This is a non-regulated activity as robots are leased as software for a flat monthly fee. So now self-traded accounts have the flexibility of using a wider range of robots, at more than 3,000 + connected brokers.
The core of our Botomation engine is run by a master robot we call Handy. Handy has his own internal monitoring and reporting service, and Handy technicians review this to perform regular maintenance operations, so that his performance is always improving.
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We deployed more than 20 sub-modules as part of the overall engine, including a support system, user forums, customer dashboard, ticketing system, and live chat; all on fxbot.market.
Companies that use the same technology as deployed in our Chat Bot:
Where are we now?
We're just getting started. Our proprietary Botomation technology has multiple use cases. FXBOT.MARKET is a prototype which soon will be very profitable. But there are hundreds of other applications where Botomation technology can work, including government, military, education, healthcare, and logistics.
If you'd like to explore potential business partnerships or licensing arrangements for your use-case, please contact us. DO NOT contact us with any solicitations!
It's important to note that, Botomation was developed to serve a real business problem. The marketplace model isn't so powerful in other verticals like it is in robotic / algorithmic FX.