what is AutoChange?AutoChange is a website with automatic trade bots for Bitfinex and Okcoin BTC futures, made by the Pinkcoin team. They have a winning strategy coded into the logic, one could run these with almost 0 trading experience, you can let them run 24/7 all you need to do is:
1) fund your okcoin futures account, or bitfinex. if you want to run multiple bots, youll need seperate exchange accounts, and seperate API keys. https://www.okcoin.com/?invid=2028202
2) create an api key
3) create an account on AutoChange here https://auto.exchange.pink/register/d23/4) tutorial video here on how to set up the bots if youd rather watch a video
http://youtu.be/h3clvEblFHE5) click configure on the bot youd like to run, under out put and output debug click enabled, under market select btc-usd (this is the only currency bot will trade ATM), plug in your api keys, for okcoin bots bernanke and penner select the leverage youd like to use, type in how many contracts (for okcoin) and btc for bitfinex you'd like the bot to trade per entry (bernanke and yellen will place up to 4 orders per entry sometimes, penner and procopius will only place 1 order per entry). ideal stop loss and take profit settings are as follows:
Bernanke on 10x i run -15% stop loss and 8-15% take profit depending on market conditions. ive found its best to not get greedy and take profits as they come. trailing stop 0
Bernanke on 20x i run -30% stop loss 16-30% take profit depending on market conditions. trailing stop 0
Penner on 10x i run -15% stop loss and 20-60% take profit trailing stop 0
Penner on 20x i run -30% stop and 40-120% take profit trailing stop 0
Procopius i run -3% stop and 3-8% take profit trailing stop 0
yellen i run -3% stop and 2-4% take profit trailing stop 0
trailing stop works as follows: say youre running -15% stop 10% take profit and 5% trailing. if the price hits 15% or more profit and retraces down by 5% the bot will take profit
Do you have any back testing to share?yes here is a video of Bernanke's trade log over 3 days showing 32% net gain on 10x http://youtu.be/ZGrBPqHm8v4 How much do the bots cost?They are free to run for the first trade, after that you will need to deposit btc on your auto.exchange account. the bots cost 20% of the profit they generate the user, which is deducted off the users auto.exchange account automatically once the bot wins. we can not and do not touch users funds on their exchange account.Feel free to join us on Slack to discuss the scripts and system. Request an invite from @pinkcoinlottery