Topic: Bitmex Auto Trading Bot (Read 569 times)

Why this thread so quite more than 120 days.
For those who using this bot, are you losing money or get profit?
For the developer @johnwarren12, are you still selling this bot or already run away

How you're doing, man? Did you try that bot in the real market trading? What is result? Really interesting.

They are offering a free trial right now. And I'll post a screenshot of a signal from today for the copy trader and the link to the free trial of the Bitmex Copy trader.
Bitmex BOT signal. https://imgur.com/gallery/dumC5w1

https://t.me/AutomatedTradingBot?start=473494804

Sounds good. But it is just a words for me now.
I want (and I think not only me) to see a proves of work if these bots. Screenshots at least. Better option to see trading account from inside through access with read only API key.

Hey guy's. I'm a user of multiple of his bots.

I use the copy trader, the AI bot, and Scalper Bot (Someone in the group nicknamed it Scalpy haha)

The bot is in Beta, and I don't completely understand all of the technical stuff. Let me lay out some information for you

1. Copy Trader - The Copy Trader is a Completely automated Telegram Bot. It works off of popular Telegram Signal channels such as (Zcrypto, Cryptomedics, Margin Whales, Margin Signals, Verified Margin Signals, etc etc. If you would like more information on these channels, please refer to Smartoptions.io. They audit these channels monthly and rate them from a scale). Anyway, so when these "Professional traders" Call for a signal, they bot grabs the Entries, the targets, and the stop loss, and through API connections sets those trades up for you automatically.
The best part is if they cancel the trade, or say to move the stop loss. The bot will also do that automatically. You can choose which leverage to use, and how much of your account balance to use.

2. AI Trader -  The AI Trader works off of Indicators such a Elliots Wave and WZRD @Johnwarren12 can correct me if i'm wrong on any of this information. On top of it working off of EW and WZRD, it also takes a lot of patterns, volume, and  more indicators into affect before placing a trade. The AI works off of your choice of the 1H time frame, or 2H time frame. 2H is obviously more concrete of a setting, due to the bot being more sure of the signal being a success however you get less trade. The bot will work on 10x with 10% of your account balance, but you can always message the admins and they will change the settings for you if you wish.

3. Sclapy (The Scalp Trader) - Scalpy  is much like the AI bot, however it goes off of the 2H Timeframe, 5x, and your entire account balance with good R/R. I've been running the scalper for the past couple of days and it's done around 5 trades 4 of them being successful. 0.1 in 4 days turned into 0.14, Slow but steady gains. Obviously these bots aren't going to be 100% accurate. Scalpy is considered the more riskier option. But just like the AI trader it sets up Multiple Targets, and a stop loss. What made me start using Scalpy is because they posted screenshots of it making 30% of their account balance in a little under a week.


What's my honest opinion on the bots?

Copy Trader - The Copy Trader works phenomenally, the UI is easy to understand and nice, and gives you notifications when it enters a trade, or stops out. If you lose a trade on this bot or don't like the signals, They have around 6 Signal Providers at this point, and plan to add much more. They do their own auditing of the signals and keep track of Strike rates, and success's. If they don't make the cut, or mess up too much they will get benched until they pick up the slack.

AI bots/Scalpy - These are a little bit more bumpy. In all honesty, you could have multiple back and forth wins/losses.
The bot will enter a long after confirmation, but you could get stopped out. Usually the bot will realize it's mistake and immediately flip short.    It can flip flop multiple times. However, when these bots hit, they hit big.
You might lose some with these bots, but in the end you will end up profiting.


My thoughts on the admins and the service itself:

1. I really only talk to one admin. He responds 90% of the time within 30 minutes and is always really helpful

2. They have an announcement channel to always keep you up to date on what's going on with the bot.

3. They are constantly working with eachother and a 3rd party to work on the algorithm of the bot, and also tell us members what is going on.


So far through my 1 month of being a beta tester, I've profited. and since I'm too busy to pay attention like I wish I could, it's trading for me 24/7. Yes you lose some, but just like with human signals things can go wrong. But the bot always has a big win to make up for the losses +some.

I have the copy trader running and Scalpy. And i try not to look everyday but instead look weekly. I have yet to check back every week and not see profit. Just like with Charts, don't look at the 1 minute time frame, zoom out.

I was skeptical at first as well. But I definitely do not regret my decision to purchase this. 

Exactly, we need to get more information about it before we actually use it. I would be helpful if any users who are using it already share their experience with us. If it is legit, then 150$ is not a big amount considering the potential that we can earn at bitmex with right strategy.

Exactly.

Btw, for anyone who wants to follow the trades, the journey thread is here:

https://bitcointalksearch.org/topic/bitmex-auto-trader-journey-from-01-btc-to-1-btc-5086881

Agree with you. It's not for the fast increasing deposit amount. Just for additional income. I would not give large amount to any not

Definitely not for someone who wants to get rich quick. Its more like portfolio management with steady growth over time.

Not really, speciallyif you know what you are doing.

Will definitely share the same.

Sounds risky AF certainly with leverage. I'm an avid user of Bitmex and even bots can't beat this market.

Bot for trading? Kinda lame. But it is best for someone who only aims to get a lot of money without any having a kind of education to get from it.

Interested to see the results over a longer period of time at the end of this month.

That's why I suggest my users to not leave the trades untouched. Just keep an eye and keep adjusting stoplosses when targets are done. Explained in details to my users

I already leave bot for any activity because first time good but bad in the end. I'm not say your bot is bad I prefer to learn direct into real market using my own skill, not always have good result but this is me. I hope your bot have good reputation and see you next year.

1. The results will be posted in a couple of weeks as we have some 40 users testing the bot and using it with their bitmex accounts.
2. We are not selling this just yet. As you can see in my signature, we also provide trading signals from over 40 sources, we are modifying this to copy trader, where combined with AI and the signals of your preferred source, this bot will initiate trades. Though the pre requisite will always remain to have our signals subscription. This bot will only help you get better returns from the signals.

Of course, if left untouched, it does make money but for best results one has to touch it a couple of times, like update stop loss when T1 is achieved and so on. Small nicks and grits under work and then we will be 100% ready. Hopefully by the end of this month.

Man, I can also take a chart and retroactively draw beautiful numbers, entry and exit points, and so on.
Moreover, on this particular chart, everything is too perfect.
If you could, upon request, give the API key to yours bot account (with access only for viewing), so that we could be convinced that this is reality, this would be great.
And so - empty words. By the way, I can also draw a very beautiful screen from Bitmex in Photoshop.
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I totally understand the skepticism. We already have over 40 users in beta test for this bot and will be posting the results for them by the end of this month.

Just 2 questions:
1) Can you show results over long periods of time going through different market cycles with different coins?
2) If this is so good, why are you selling this? You do realize the more people use this, the worse the results will be for everyone, yourself included? If you are even using this yourself. So why sell?

Man, I can also take a chart and retroactively draw beautiful numbers, entry and exit points, and so on.
Moreover, on this particular chart, everything is too perfect.
If you could, upon request, give the API key to yours bot account (with access only for viewing), so that we could be convinced that this is reality, this would be great.
And so - empty words. By the way, I can also draw a very beautiful screen from Bitmex in Photoshop.

Thanks for your response. There are various factors that bot takes into account while entering a trade. The first and foremost is the chart settings.

Some sample settings used are: 1. XBT-1H & ETH-1H AI (default/aggressive at catching moves)
2. ETH-1H & XBT-4H (mixed can be reversed also)
3. ETH-4H & XBT-4H (conservative swing trends)

For each of the setting, we get separate results. Regarding results, for testing as well as showing it to everyone, I am going to make a new bitmex account and post daily account summary here for 1 month so that users here can evaluate the performance and also give us the feedback as per their experience. No one in the world knows everything. We are trying our best to make it the king of all AI trades in Crypto community at least.

What I would like to know is what kind of trading strategy your bot uses. You don't have to share the exact strategy, but can you give us a hint? $150 isn't much if your bot really gives the results you have shared in this thread. The other question is how can one check these results first before buying? Can your bot run on the bitmex demo platform? I know that there is no liquidity there, but still it's not easy to spend that amount of money just like that without a confirmation.

Copytrader on the way!!!!




Works on signals from some of the top trading signals that you select, automatically.

Trades of the day closed in profit

12% gains just today,  totally automated!!!

Accepting new members!!!

Here are sample actions of the bot...

#Announcement

Now about our Bitmex Bot. This thing is awesome at catching major pumps or dumps in BTC, ETH, whatever. We are using it to auto-trade on BTC/ETH/XRP currently and continuously refine it based on market conditions. This is set it forget about it for you, but you're able to exit trades if you want at anytime, update your stop loss, do whatever and it doesn't mess with how we handle and control your account. It's ultimately your money. The indicators these are trading on are a combination of premium indicators + some custom settings. We are even considering combining multiple premium indicators here soon to get better exits and entries. On our test balance I doubled the account in a month.

 Recommendation is only to use this for maybe 10-20% of your portfolio for now. It's not a human trader but it's damn accurate for the big moves which makes up for all the moves while BTC is ranging that it might lose on. This also has the ability for me to set it up to your own settings. If you want to take profit sooner, change the default trailing stoploss, set limit orders at a percentage of the signal price, or whatever.


I'm opening this up to 30 people originally to ensure it goes smoothly and then will open it up to more. If you don't get in, you can message me for wait list and maybe i'll add a few others.

Cost during our beta period is $150 for 30 days access. I'm really excited for this bot and see huge potential if we keep getting some volatile moves.

In the future, we will use the bitmex trader to also go ahead and manually adjust your stop-losses or exit signals early for you as well if you want. It will then be a semi human+ai type trading bot. Separate account is recommended for this bot also. I get asked a lot if we would consider doing an copy-trader where it copies trades we enter into. I've considered it but this is much more difficult based on thin order books and slippage. I'm not sure if we want to do this yet, but we have the software ready for it when we do pull the trigger. This may be the first step for us to see how much impact we have on markets and against other bots.

Finally, we still have our margin trading pool which uses a premium channel's auto-trader. Opens for withdrawal deposit monthly and averages 30% month over month. Currently this is closed but lookout for announcements when this opens. If you want to use couple thousand on this service, I can give you the provider yourself to signup. We will be testing other auto-traders to do more free pools as well. Diversification!




The live testing of the bot can be found here: https://bitcointalksearch.org/topic/bitmex-auto-trader-journey-from-01-btc-to-1-btc-5086881