Topic: (Closed) Butter Bot!: Premier Bitstamp, and BTC-E EMA Trading Platform (Closed) - page 10. (Read 274800 times)

It will be interesting to see what the team says about the reverse EMA strategy.

Hi MD ,
   I think that yes, the issue may have to do with back testing a no-fee environment vs. one with a fee (the fee is a percentage BTW); all exchanges currently charge a trading fee based on gross volume. I find what you are saying interesting though in terms of inverse results; I will be in touch with the strategy team and if they have any further feedback on this I will be sure to drop you a PM.

I am glad you are having a positive experience, I hope you can jump on board .

Pablo.

Hi,
  Thank you for this GREAT product, and especially the free trial option, great sign of faith in your product.  So far I would absolutely recommend this program to anyone for it's easy setup and ease of use.  with that in mind

I'm getting odd results from backtesting #'s and live trading vs. what I would expect.  What am I not understanding about how this bot is working vs. others?

Example: Most EMA bots I can set with the following and get an hourly small but successful BTC profit as long as there is some even minor volatility occurring:
Sell Over - 0.00001500
Buy Under - 0.00001500
Short EMA - 3
Long EMA - 20
Threshold 1 Buy - 0.0500
Threshold 1 Sell - 0.1000
Amount to Sell - 0.25 or 0.025

With these same settings on Butter Bot, or even adjusting the settings for every option in between - the back testing doesn't show a profit until I apply nearly the opposite settings I normally would, like the following.  In the example I did it over a 3 week period, but I set the dates back even 6 months and still showed the same increasing % in profits:
http://s28.postimg.org/r9lrc5t19/Butterbot_6short_2long_EMA_300per_profit_4_5.png


Of course if I apply this to live trading it doesn't have the same success, but it also doesn't start a terrible trailing loss either, only lost a couple $, it actually profited more than a couple times.  Curious what others recent experience was, bad, successful, unexpected?

Why is butter-bots back-testing showing these counter-intuitive settings as successful?  Alot of it has to do with how the trade fee is set.  Is the trade fee setting based on % or $?   I was pasting in the trade fee BTC-e was showing when I setup the same trade manually on their site.  That may have answered most of my question, but I'm still seeing some similar odd results when leaving the trade fee at default, 0.20.

Regards,
~ MD

I am not responsible for what [if anything] you do wrong with these settings.



Need a discount? Get it right here:

https://www.butter-bot.com/?r=f5a17f5b

Great - 3.0.3   Thanks for that

Enter the address below into your Chrome URL bar and you will see your version number next to your app on the extension page .

chrome://extensions/

Pablo.

Now I just need to work out which version I have
Thanks
Miles

Hey ,
  VERY bad idea to back test short periods of time (I.E. a week to a couple of months). The bot functions with a trend identifying algorithm (EMA) and trends become clearer over longer periods of time (we generally recommend back testing 6 months or more). The shorter the time period you back test the more likely you are to be trading on market noise, the algorithm works best when there is an accumulation of trading history to account for mean deviating markets (like the current crash) and let results more closely approach expected trading means (think: the law of large numbers).

Our next flagship release "Butter-Cream", will have multiple alternate strategies and allow you to build your own strategy (like High Frequency Trading) in case you are looking for shorter term results; we hope to have a beta of that in about 5 weeks that people can start to take a look at.

I hope that helps, please let me know if you need anything at all .

Pablo.

Lol i can't get this bot profitable @ BTC.. If i check last month.

Got it at 3% for last 7 days.

Hey ,
   This applies only to those running pre version 3 bots. V3's upgrade automatically, the older ones you have to unfortunately delete, re-download the extension from butter-bot.com/download and set up again.

It pretty straight forward, let me know if you have any questions .

Pablo.

Sorry for the probably stupid question but how to do this?  I don't want to mess it up
Thanks
Miles

LOL: Brought a smile to my face .

I am available for torture tests on Butter Cream.

Hmm, whipped butter.

Including Margin Trading on BTC-e?

Friends,
  I would like to remind all of you to please update to the latest version of Butter-Bot at Butter-Bot.com/download. All previous installs will expire on May 1, 2014. Please remember that upgrading is free of charge and grants you access to the newest features and the most up to date software .

I am here if anyone has any questions.

Pablo.

Simple answer is that we are in a downtrend. EMA bots are most effective in uptrends. At the moment, BTC is moving down. When the trends reverses, the bot will make profitable trades. Look further back than the last 3 months. The bot made an excellent return for the past year. You can't judge performance on just a a few weeks or even a few months.

Hi Miles,
    That's a distinct possibility and we are already looking at providers .

Pablo.

That sounds very interesting - FOREX by any chance? If so will you be suggesting places to trade / pick up APIs etc?
Thanks
Miles

Thank you!

this thread: https://bitcointalksearch.org/topic/goomboos-journal-60501?