Enhancing Transparency and Insights with Signal Performance in APIs

Providing traders with actionable insights and transparent data is at the core of what we do. To expand upon this commitment, we’re pleased to announce a significant update to our Signals REST API and WebSockets API: the inclusion of Signal Performance metrics in the API response.

Bridging Web and API Functionality

We’ve offered signal performance visibility in the web versions of our tools for some time, a feature that has been met with widespread enthusiasm among traders. By clearly showcasing the best-performing trade ideas, users have been able to make more informed decisions and refine their trading strategies.

Now, we’re extending this critical functionality to our API, enabling brokers and platform providers who retrieve data via our API to deliver the same level of insight directly to their users. This update empowers brokers to display performance metrics front and centre in their own platforms, creating an improved trading experience while further enhancing user engagement.

Comprehensive Signal Performance Data

The inclusion of Signal Performance data in our APIs provides a detailed look at trade idea outcomes across multiple time frames. Specifically, the performance metrics include:

• Overall Performance: A comprehensive view of the performance of trade ideas for a specific instrument, enabling users to identify consistently profitable opportunities.
• Most Recent Performance: An analysis of the latest 10 trades, helping users focus on short-term trends and evaluate signal effectiveness in real-time trading conditions.
• Monthly Performance: Aggregated metrics presented on a monthly basis, offering insights into long-term patterns and strategy sustainability.

These metrics provide users with a holistic view of trade idea performance across different time horizons, offering both tactical and strategic advantages.

Why This Matters to Brokers and Traders

This enhancement to our API equips brokers with the means to deliver:

• Improved decision-making: Transparently showcasing which trade ideas perform best over varying time frames.
• Customisable user experiences: Building platforms that highlight actionable insights for diverse trading styles.
• Competitive differentiation: Providing tools that foster engagement, trust, and long-term loyalty from traders.