[Signals Tracker] January ’19 – The Best Crypto Signal Providers of the Month
Chop! Chop! Chop! Tight ranges, slow movements and a felt endless consolidation made January a bad month for day traders – owch! Let’s see how the best signal providers tackled this scenario.
So, another month went by and thanks to our great community of readers, we got much feedback on our ranking calculation methodology. If you check back, we always stated that the mentioned profits are not the profits to be expected to hit your account – frankly, you will not find 5000% actual account increases anywhere. In the intro text block, we mentioned that we just take the profits into consideration to not rely alone on accuracy, but unfortunately, many did not read how to use our numbers. That’s ok – we cannot change the way our Signals Tracker is interpreted, but we can change the way how our rankings are designed. We don’t want to lure the hasty reader into services with wrong expectations, that’s not our style. We will check for something easier and skip the profit figures in the Signals Tracker from now to avoid exaggerated expectations. But now, grab some beverages and see how the providers performed in January, a month, that has been fierce to traders in general.
We selected the best Crypto Signals Providers for Altcoins & Bitmex and on the Discord platform – these are our permanently most read posts and we are proud for each of the listed providers. They all provide consistent great results, but we find it important to track their results to make sure we recommend you the best. We will analyze the results of our listed signal providers on a monthly base and give you a brief overview of what job they did for their money.
Important Note: Our determinant to rank the channels is accuracy from now. Crypto is no overnight-riches and we want to help you to find the best partner for your trading venture. Accuracy determines a good trader, accuracy is the value that defines the likeliness to hop on a winning trade,
NOTE: The past performance of a provider is no guarantee or indicative of future results. Don’t execute financial decisions on this information alone.
- Many providers set up multiple targets to take profit. Once Target 1 has been hit, it is advised to set the stop loss at the entry. This way the profit of Target 1 is secured and the rest of the capital is not at risk anymore.
- Some signal providers focus more on long-term gems and getting them for the best prices in the current bear market. These cannot be evaluated properly in this post as the time window exceeds the frame of this post. They focus more on making use of the current market sentiment to build a rock-solid portfolio until crypto prices, in general, pick up again. These providers are marked with a special note.
- As this tracker will be maintained from month to month, there will be trades, which are yet running. We calculate the results by the time of writing. Means if we check Group A on November 4th we will consider everything that has been achieved with October issued trades, even if a target hit on November 3rd. If a target hits once we finalized the tracking, it will be counted in the next month, as we work from updated results there.
- Please be aware that we do not check each signal in the sheets and verify it, our team is too small to do that in a timely manner. The numbers are provided by the channels and we check samples for each month and provider. However, it would be highly risky for a signal provider to provide inaccurate numbers. If done by intention we would exclude them from SmartOptions and the community would spot their errors.
- Past results cannot speak for future results, you should consider more than plain numbers.
- Even a provider has outstanding results, mind the money management. All providers have good and bad months – this is normal for every trader, for every business. So you don’t want to go all in with the first trade you see, just because he had an 80% hit rate in the prior month. It is all about long-term consistency – never forget that!
- What you should look for in finding a long-term partner for crypto signals, is the long-term accuracy. This is the overall hit rate and likeliness of getting into a winning trade.
The calculations are based on the result tracking sheets of the providers and have been checked and calculated by Steve McKenzie.
Agenda: Higher compared to last month | Lower compared to last month | Numbers in Brackets show the change to last month (+better/-worse compared to last month)
Overview Table All Signal Providers
Performance Tracker January 2019
This table compares all Signal Providers against each other. They are ranked by our Consistency Rate formula.
Telegram Group | Discord Group | Auto Trader available
|Provider||Average Accuracy*||Platform||Review||Trading Style|
|Verified Margin Traders||73.57%|
|Fat Pig Signals||72.16%||Binance|
|Cryptomedics (Margin)||70.29%||BitMEX & Binance|
|Verified Crypto Traders (Altcoin)||68.41%|
#1 on Discord
|Binance Signals hedged with BitMEX|
|Alpha Trading Zone||-in evaluation-||Binance|
The Results: Bitmex Signal Providers
(listed in “The Best Bitmex Signals on Telegram“)
#1 Yo Crypto (+3)
~We present our new BitMEX provider of the month! Long-term consistent accuracy!~
Link to review: Yo Crypto
Link to Performance Tracker: Sheet on Google Docs
Amount of Signals this month: 16 (+1)
Trades with Profit (reached T1 and more): 13 (0)
Stopped out: 3 (+1)
Success rate (Accuracy) January: 81.25%(-5.42%)
Overall Success rate (since September ’18): 76.84% (-2.44%)
Comment: Yo Crypto is well-known for his accuracy and very well-known how picky he is when it comes to broadcast a trade. December gave us almost~87% which is insanely good and January was similarly good. Holding above 75% over the course of 5 months shows very consistent trading and we are happy to overhand a well-deserved “Provider of the Month” seal.
#2 Bitmex Syndicate (+-0)
~Full Auto Trader? Ready! Holding solid results? Confirmed!~
Link to review: Bitmex Syndicate
Link to Performance Tracker: Google Docs Sheet
Amount of Signals this month: 18 (+17) 13 signals counted for calculation
Trades with Profit (reached T1 and more): 7 (+6)
Stopped out: 5(+4) 5 Signals stopped at breakeven; not counted.
Success rate (Accuracy) January ’19: 53.33 % (+53.33%)
Overall Success rate (since September ’18): 74.07% (-12.6%)
Comment: BitMEX Syndicate had all hands full of work, as they just published their auto trader as well. The number of signals increased significantly, which decreased their overall accuracy as the market printed pure chop on the charts, which makes it hard for swing traders.
#3 Verified Margin Traders (-2)
~Rock-solid results amid bad trading conditions. Accuracy holds consistently~
Link to review: Verified Margin Traders
Link to Performance Tracker: Tracking Dashboard (contains only closed trades)
Amount of Signals this month: 25 (+8) (22 counted for accuracy calculation)
Trades with Profit (reached T1 and more): 15 (0) 2 closed at breakeven, one achieved targets before entry. 3 signals not counted.
Stopped out: 7 (+3)
Success rate (Accuracy) January: 68.18 % (-10.77%)
Overall Success rate (since September ’18): 73.57% (-5.38%)
Comment: The Verified Margin Traders had another rock-solid month and picked up some nice gains. The accuracy decreased a bit, which is no wonder in this chop. The auto trader has been updated with a few important things. All in all a good months amid bad trading conditions. Due to the new ranking determinant, based on accuracy alone, VMT has not been able to hold #1 spot, but still, ~74% is a great figure, considering that it is the average of 5 months. Very consistent – solid as a rock, like Tina would say.
#4 Cryptomedics Margin Channel (-1)
~20% Accuracy Push – Cryptomedics back on Track ~
Link to review: Cryptomedics Margin Channel
Link to Performance Tracker: Google Sheet
Amount of Signals this month: 27 (+4) 26 counted for calculation
Trades with Profit (reached T1 or more): 19 (+7)
Stopped out: 6 (-5) 1 closed at breakeven
Success rate (Accuracy) January: 76.92% (+24.75%)
Overall Success rate (since September ’18): 70.29 (+6.64%)
Comment: After a weak December, CryptoMedics are picking up again, showing a success rate of 73.08% in December. A very good figure considering how tough the markets have been to us. However, the overall success rate needs some time to recover from the hit it took in the month of Christmas. +20.91% is a steep increase and we are confident to see the most consecutive “Provider of the month” (three times in a row) on top spots soon again.
#5 Margin Signals (+-0)
~The swinger club was missing hotties this month~
Link to review: Margin Signals
Link to Performance Tracker: Download Performance Sheet January 2018
Amount of Signals this month: 9 (+4)
Trades with Profit: 4 (+1)
Stopped out: 5 (+3)
Success rate (Accuracy) January: 44 % (.16%)
Overall Success rate (since September ’18): 53.14 (-5.13%)
Comment: This tight ranging markets, this chop – these are not the conditions a pure swing trader like Robbo from Margin Signals can swim in like a fish in the water. Trading for the big % in fewer trades, it just didn’t work out in these conditions, and for the first time ever, they closed with an accuracy of 44%. It might shift up from here. By the way, Margin Signals just launched a pretty successful auto traded FX channel, which reaps some more profits in the current markets for them.
The Results: Altcoin Signal Providers
#1 Infocrypto (+-0)
~Provider of the Month: The second time in a row~
Link to review: InfoCrypto
Link to Performance Tracker: Download Results Sheet December
Amount of Signals this month: 25 (-4)
Trades with Profit (reached T1 and more): 22 (-5)
Stopped out: 3 (+1)
Success rate (Accuracy) January: 88% (-5.1%)
Overall Success rate (since September ’18): 86.76% (+1.25%)
Comment: And a second month with insane 88% – what can we say? Keep up the top work! Almost ~87% over the last 5 months cumulated/average accuracy, this is top league trading.
#2 Crypto Addicts (+1)
~Back on track with Full Force~
Link to review: Crypto Addicts
Link to Performance Tracker: Sheet on Google Docs
Amount of Signals this month: 28 (-1) 27 counted for calculation
Trades with Profit (reached T1 and more): 22 (+2)
Stopped out: 5 (+1) 1 trade still open
Success rate (Accuracy) January: 81.48% (+8.15%)
Overall Success rate (since September ’18): 77.18% (+4.3)
Comment: Back on track with Crypto Addicts! The group with the technically most advanced trading bot I’ve ever seen is getting stronger and stronger again ~81% accuracy, fully auto traded on your Binance account – and that for pretty cheap bucks. Nice one!
#3 Fat Pig Signals
~The Oinkers are still rocking those Altcoins ~
Link to review: Fat Pig Signals
Link to Performance Tracker: Sheet on GoogleDocs
Amount of Signals this month: 19 (+4) 2 closed at break even; not counting
Trades with Profit (reached T1 and more): 15 (+4)
Stopped out: 2 (0) 2 Breakeven – 17 trades counted; 15 wins / 2 loss
Success rate (Accuracy) January: 88.24% (+14.91%)
Overall Success rate (since September ’18): 72.16% (+1.78%)
Comment: Fat Pigs had an insanely good start into 2019 – 19 damn good signals with 15 winners and an absolutely raving community behind. Fat Pig signals is a fantastic service you should and they are running on big plans in the background, Keep it on your map and consider subscribing as long as these insane cheap prices hold.
#4 Verified Crypto Traders (+-0)
~Selected Picks for a sweet 80% accuracy month~
Link to review: Verified Crypto Traders
Link to Performance Tracker:
Amount of Signals this month: 5 (-1)
Trades with Profit (reached T1 and more): 4 (+4)
Stopped out: 1 (-5)
Success rate (Accuracy): 80% (+9.1%)
Overall Success rate (since September ’18): 68.41% (+3.58%)
Comment: Very well-selected hand-picked signals in these tough markets make VCT a very reliable provider that doesn’t want to risk a dime for their clients. With 4 of 5 selected signals, they picked the real runners in January.
#5 Cryptomedics (+-0)
~ Those Gems which can’t be measured ~
Link to review: Cryptomedics
Link to Performance Tracker: Constantly updated Google Sheet
Amount of Signals this month: 12 (+2)
Trades with Profit (reached T1 and more): 6 (-2)
Stopped out: 6 (+4)
Success rate (Accuracy) January: 50% (-30%)
Overall Success rate (since September ’18): 61.67% (-11.67%)
Comment: Well, it is like it is – you cannot measure all kind of styles by one indicator, but these are the results for the general altcoin trades. However, the portfolio they are building with their Elite Gem list plus the support and education they are offering is insane. CM tend to play the altcoin deals more on the investment side of things, and not the day trading.
The Results: Discord Signal Providers
#1 Coin Observatory
~The Pro Traders with rock-solid earn while you learn results ~
Link to review: Coin Observatory Review
Link to Performance Tracker: Constantly updated tracking sheet
Amount of Signals this month: Altcoins: 60 | Bitmex: 16 (mostly hedges) 15 counted for calculation
Trades with Profit (reached T1 and more): Altcoins: 29 | Bitmex: 6
Stopped out: Altcoins: 27 | Bitmex: 9 (the hedge trades, which have been supposed to stop with a minor loss)
Success rate (Accuracy) January: Altcoins: 48.33% | Bitmex: 37.50% (natural due to the nature of hedging, means not much in this particular case) | – combined: 42.92%
Overall Success rate (since October ’18): 50.25%