[ANN] - Which exchange should leonArdo support next? - page 3.

Chang Hum

hero member

Activity: 714

Merit: 502

That's exactly what I see as a problem, if I'm wrong please explain why but in the sometimes fast moving trading world of crypto an automatic system re-automating failed orders could be more harmful than beneficial IMO.

Quote from: leonArdo@margin on July 24, 2014, 04:28:22 AM

Quote from: Chang Hum on July 24, 2014, 03:07:41 AM

OK cheers, so if I understand correctly orders can get matched in real time because of the way it interacts with cryptsy even if users of the site can't?

I would put it this way: When you place the order via leonArdo in times when there is a lot of lag at the exchange, leonArdo automates the
"check if the order did go through and if not resubmit the order" process.

leonArdo@margin

legendary

Activity: 1989

Merit: 1008

Quote from: Chang Hum on July 24, 2014, 03:07:41 AM

OK cheers, so if I understand correctly orders can get matched in real time because of the way it interacts with cryptsy even if users of the site can't?

I would put it this way: When you place the order via leonArdo in times when there is a lot of lag at the exchange, leonArdo automates the
"check if the order did go through and if not resubmit the order" process.

Chang Hum

hero member

Activity: 714

Merit: 502

OK cheers, so if I understand correctly orders can get matched in real time because of the way it interacts with cryptsy even if users of the site can't?

Quote from: leonArdo@margin on July 24, 2014, 02:54:08 AM

Quote from: Chang Hum on July 24, 2014, 02:38:05 AM

Surely lag could cause major problems with an automatic trading engine though no?

Yes and No. The state is decoupled from cryptsy.
When you or the algorithm places a trade through leonardo, leonardo makes sure that the order finds it's way into the order book.
Even if cryptsy is unresponsive at that moment. Sure we can't fix cryptsy but leonArdo tries to take out as much of the pain as possible.

leonArdo@margin

legendary

Activity: 1989

Merit: 1008

Quote from: Chang Hum on July 24, 2014, 02:38:05 AM

Surely lag could cause major problems with an automatic trading engine though no?

Yes and No. The state is decoupled from cryptsy.
When you or the algorithm places a trade through leonardo, leonardo makes sure that the order finds it's way into the order book.
Even if cryptsy is unresponsive at that moment. Sure we can't fix cryptsy but leonArdo tries to take out as much of the pain as possible.

Chang Hum

hero member

Activity: 714

Merit: 502

Surely lag could cause major problems with an automatic trading engine though no?

Quote from: leonArdo@margin on July 24, 2014, 02:17:41 AM

Quote from: Chang Hum on July 24, 2014, 12:02:23 AM

Has the speed of Cryptsy improved? What are your thoughts on that issue Leonardo?

To be honest we don't use Cryptsy! We have heard that it can be slow, but leonArdo will not add to that. There are also mechanisms inbuilt in leonArdo by which if Cryptsy is having difficulty it will re-try to place an order automatically. This can improve user experience.

Let's see how the vote turns out!

leonArdo@margin

legendary

Activity: 1989

Merit: 1008

Quote from: Chang Hum on July 24, 2014, 12:02:23 AM

Has the speed of Cryptsy improved? What are your thoughts on that issue Leonardo?

To be honest we don't use Cryptsy! We have heard that it can be slow, but leonArdo will not add to that. There are also mechanisms inbuilt in leonArdo by which if Cryptsy is having difficulty it will re-try to place an order automatically. This can improve user experience.

Let's see how the vote turns out!

Chang Hum

hero member

Activity: 714

Merit: 502

Has the speed of Cryptsy improved? What are your thoughts on that issue Leonardo?

mafia

hero member

Activity: 641

Merit: 500

Voted! Be very surprised if cryptsy doesn't win

leonArdo@margin

legendary

Activity: 1989

Merit: 1008

Please vote for the exchange you would like us to support next. If your favourite exchange is not in the list then let us know and we will add it!

Please check out our first thread for more info:
https://bitcointalksearch.org/topic/ann-leonardo-version-24-released-trading-guibot-for-bittrex-poloniex-506317

Introducing leonArdo, a crypto trading platform that let's you directly
interact with market graphs to adapt orders. Use our automated trading strategies
to take the pain out of trading and set your hard earned BTC to work for you.

Introduction Video

http://youtu.be/jjLbJuUsp0A

(it's not just a promo video, it's more like a "how to use" leonArdo video)

Video presented at Bitcoin 2014 conference!

http://www.youtube.com/watch?v=bm1G_Vlzq9k

Topic: [ANN] - Which exchange should leonArdo support next? - page 3. (Read 3534 times)