Pages:
Author

Topic: (Closed) Butter Bot!: Premier Bitstamp, and BTC-E EMA Trading Platform (Closed) - page 14. (Read 274756 times)

legendary
Activity: 1582
Merit: 1019
011110000110110101110010
I am ready to buy. Any coupon codes?
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
With the right settings, this bot can make 3500% or more per year on Bitstamp or BTC-e. That performance is actually leaving the bot on for the past year and not turning it off during the 2 major downtrends that took place. If you had shut off the bot during those downtrends, the bot would have made 5500% in a year. Of course, you need to use the correct settings to get that kind of performance.  Wink

Knightlife999 - goddamnit, I am struggling to make 1 tenth of those percentages!

With the right settings, you can get a high return with the bot.  Smiley

How do you backtest for 1 year? When I use custom date range of 1 year by clicking on the calendar, once I chose the To date the From date disappears. If I manually type in a 1 year date range once I type in the To date, the From date reverts to Jan 1 2014. The 1 year option is not in my drop down list.

Should note that I have a trial edition right now.

hero member
Activity: 845
Merit: 1000
Whale Watchers and Pinnacle Brilliance founder
I just want to make a comment in regards to everyone who says that EMA does not work anymore:
....With the right settings, this bot can make 3500% or more per year on Bitstamp or BTC-e. That performance is actually leaving the bot on for the past year and not turning it off during the 2 major downtrends that took place. If you had shut off the bot during those downtrends, the bot would have made 5500% in a year....

3500%
is bad as BTC risen more than that. Anyways I'd like to see trade log of a backtest run which does that profit.

Here is a trade log of my bot doing more than 3000% profit on last 4 months at mt.gox: http://pastebin.com/raw.php?i=FYjLm6YL
Chart: http://oi57.tinypic.com/2uz55wm.jpg

PS: I've ran a few thousand backtests using only EMA cross indicator with randomized parameters and it never did more profit than holding. It's good on stock trading which aren't this volatile.

Sorry Pablo, I think it's time for advanced bots to step in.


3500% in the past year is an excellent return. Holding over the past year would not have come close. Maybe someone could have made more than 3500% if they had bought and held since 2012, but not over the past year. When Butterbot allowed for 2 year long backtesting, I was able to get the bot to show a 12,000% return on Gox. Anyway, if you can get the bot to backtest a yearly profit of 1000% or more including draw down months, you are doing very well. Work with the settings and you can get some fantastic performance out of Butterbot.
hero member
Activity: 845
Merit: 1000
Whale Watchers and Pinnacle Brilliance founder
With the right settings, this bot can make 3500% or more per year on Bitstamp or BTC-e. That performance is actually leaving the bot on for the past year and not turning it off during the 2 major downtrends that took place. If you had shut off the bot during those downtrends, the bot would have made 5500% in a year. Of course, you need to use the correct settings to get that kind of performance.  Wink

Knightlife999 - goddamnit, I am struggling to make 1 tenth of those percentages!

With the right settings, you can get a high return with the bot.  Smiley
legendary
Activity: 1183
Merit: 1000
I setup the bot and have a trial license key.  The bot seems to be working and I even got an email that a sell order triggered, but when I look on BTC-e I don't see any trade for LTC.

Is there a log somewhere that I can check to see why the sell order was never executed?

Also, when is butter-cream coming out?  I would like to be able to enable and disable my bot from either work or home, but if it has to run in chrome as an extension I am assuming running it in both locations would cause it to actually trade in both locations?  Is that correct?  I really only want one bot running, not two.  I just want to be able to play with the settings from either location.

And one last question.  Is there any planned support for other coins or exchanges like Cryptsty and the multitude of other altcoins they offer?

Hi Zheron Smiley,
  The issue in BTC-E may have to do with the setup of trading ratio of BTC and LTC in your settings, drop me an email and I will be happy to help you one on one. I would suggest checking to see if you had a trade in that time period in either BTC and LTC even if you are only trading LTC or vice-versa. It's a common error and an easy fix Smiley.

Butter-Cream is in alpha testing and coming along rather quickly, I would say 6-8 weeks for an open Beta, if not earlier. The main thing is that Butter-Cream will be more expensive than Butter-Bot, in line with it's new features and capabilities; but current Butter-Bot subscribers will get an exclusive deal on the upgrade.

You can easily un bots with different settings from one or multiple computers, but running a single bot from multiple locations can be tricky; this is one of the core reasons Butter-Cream will be a hosted solution. You can get around this cheaply and easily by running your Butter-Bot on a Raspberry Pi or VPS for a few dollars a month for the time being.

Yes, Cryptsy is pretty much the most requested addition we have and we will look into streamlining this and other new exchange adoptions as soon as we have a little free development time.

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

Pablo.
newbie
Activity: 4
Merit: 0
I setup the bot and have a trial license key.  The bot seems to be working and I even got an email that a sell order triggered, but when I look on BTC-e I don't see any trade for LTC.

Is there a log somewhere that I can check to see why the sell order was never executed?

Also, when is butter-cream coming out?  I would like to be able to enable and disable my bot from either work or home, but if it has to run in chrome as an extension I am assuming running it in both locations would cause it to actually trade in both locations?  Is that correct?  I really only want one bot running, not two.  I just want to be able to play with the settings from either location.

And one last question.  Is there any planned support for other coins or exchanges like Cryptsty and the multitude of other altcoins they offer?
legendary
Activity: 1183
Merit: 1000
Wow, people really using these fancy and simple bots?

Hey Smiley,
  I was halfway into a reply when I realized Gomboo said it best:

(Quoted from Gomboo's Thread: https://bitcointalksearch.org/topic/goomboos-journal-60501)

"One of the simplest trading systems is known as the Turtle Trading System.  In the system, you basically buy if the price is higher than the past 20 periods or sell when the price is lower than 20 periods.  This system generated millions for the participants and followers of it.  One of the "Market Wizards" did a test in which he hired a group of random people and taught them to trade the simple system - the majority of them made several million dollars in the following years.

If you would like to learn more about the Turtle Trading System, the complete rules can be found here:
http://bigpicture.typepad.com/comments/files/turtlerules.pdf

Also, here is an image of the historic performance of this system for the past 41 years.



This was found in this thread:
http://www.tradingblox.com/forum/viewtopic.php?t=7379

Also, the great book on the Market Wizards - or some of the best traders ever:
http://www.amazon.com/Market-Wizards-Interviews-Top-Traders/dp/1592802974/ref=sr_1_1?ie=UTF8&qid=1327115564&sr=8-1"

(/End Quote)

You see, trading is mathematics and in mathematics the most elegant solutions tend to be the simplest ones. The trading methods we offer, will offer, and that are discussed here are proven and taken from real world applications. There is no need to re-invent the wheel; that being said, we don't believe we have all the answers and "Butter-Cream" will let customers do their own thing so the next gen systems we are discussing will allow you to do just that, use a multitude of indicators to create as simple or complex a set of algorithms as you wish; but if I had to put my money somewhere I would wager that the more elegant algorithms customers will come up with will win out against the overly-complex ones.

I hope that helps Smiley.

Pablo.


I am new to this robot and am testing it right now. To utilize the Turtle Method what would be the best settings on your bot to emulate it? I would like to be the lazy man and set it and forget it as I work long days and do not have time to monitor it for most of the day.

Thanks

Hey Smiley,
  Butter currently uses the EMA strategy so you really can't set it for the Turtle Method, I used that post as an example of how simple strategies can be very effective. That being said, our next gen bot "Butter-Cream" should allow you to create and run a strategy like this one and current subscribers will get a great deal on this product.

Please let me know if you need anything at all.

Pablo.
legendary
Activity: 1183
Merit: 1000
Did I get right it require Chrome? won't work with other services?



Hey Smiley,
  Butter-Bot requires Chrome to be open to work; you can do this cheaply by running it on a VPS or a Raspberry Pi. On the other hand, the new flagship we are developing will run on the cloud through a web interface and will not require you to run anything on your end.

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

Pablo.
legendary
Activity: 1183
Merit: 1000
I started this last night and am still tinkering with it. I deposited 1.14 BTC and no cash into my BTC-e account. When I hold my mouse over the icon in the top right it is showing my correct BTC balance. That tells me that I am configured.

No trades have been executed thus far.

However when I click that icon and get my pop-up there is a message across the top as follows: "There was an internal brain error. Please contact us about that problem."

So here I am contacting you Smiley

What's up with that?



Hi Coinits Smiley,
  Hmm this is a weird error you are getting; can you please do me a favour and email me the logs requested below? Two other people have come forward with this same error to me via email but it resolved before I could get their logs; we will track it down and resolve it ASAP; I apologize in advance for the inconvenience.

1. Go into the "manage extensions" page.
2. Enable "developer" mode by checking the "developer" box in the upper tool bar.
3. Go to the extension and click on the "generated_background_page.html" link.
4. When the new window opens, choose the "console tab"
5. Copy and paste the info there to pastebin.com as close to the time of your issue as possible and send it to me.

And:

1. In the developer tools open the network tab.
2. If it's empty, press F5 to reload the extension and wait a few minutes until there are some requests listed.
3 Then right-click the list in the left pane and select
"Save as HAR with content".
Please scan the file and remove your API Key from the text and send it to us.
This will help us resolve your issue much more quickly.


Pablo.
member
Activity: 73
Merit: 10
I just want to make a comment in regards to everyone who says that EMA does not work anymore:
....With the right settings, this bot can make 3500% or more per year on Bitstamp or BTC-e. That performance is actually leaving the bot on for the past year and not turning it off during the 2 major downtrends that took place. If you had shut off the bot during those downtrends, the bot would have made 5500% in a year....

3500%
is bad as BTC risen more than that. Anyways I'd like to see trade log of a backtest run which does that profit.

Here is a trade log of my bot doing more than 3000% profit on last 4 months at mt.gox: http://pastebin.com/raw.php?i=FYjLm6YL
Chart: http://oi57.tinypic.com/2uz55wm.jpg

PS: I've ran a few thousand backtests using only EMA cross indicator with randomized parameters and it never did more profit than holding. It's good on stock trading which aren't this volatile.

Sorry Pablo, I think it's time for advanced bots to step in.
jr. member
Activity: 30
Merit: 1
Regards new features, I'm sure it has been mentioned before but just to second it, the ability to test over a configurable time span would be the nuts. Thanks.

wooohooo - it just appeared! thanks butterbot!
jr. member
Activity: 30
Merit: 1
With the right settings, this bot can make 3500% or more per year on Bitstamp or BTC-e. That performance is actually leaving the bot on for the past year and not turning it off during the 2 major downtrends that took place. If you had shut off the bot during those downtrends, the bot would have made 5500% in a year. Of course, you need to use the correct settings to get that kind of performance.  Wink

Knightlife999 - goddamnit, I am struggling to make 1 tenth of those percentages!
newbie
Activity: 53
Merit: 0
Did I get right it require Chrome? won't work with other services?

jr. member
Activity: 30
Merit: 1
Regards new features, I'm sure it has been mentioned before but just to second it, the ability to test over a configurable time span would be the nuts. Thanks.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
I started this last night and am still tinkering with it. I deposited 1.14 BTC and no cash into my BTC-e account. When I hold my mouse over the icon in the top right it is showing my correct BTC balance. That tells me that I am configured.

No trades have been executed thus far.

However when I click that icon and get my pop-up there is a message across the top as follows: "There was an internal brain error. Please contact us about that problem."

So here I am contacting you Smiley

What's up with that?

legendary
Activity: 1582
Merit: 1019
011110000110110101110010
I read through some threads and found settings that I liked. I just want to walk away from it and let it run 24-7.
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
Wow, people really using these fancy and simple bots?

Hey Smiley,
  I was halfway into a reply when I realized Gomboo said it best:

(Quoted from Gomboo's Thread: https://bitcointalksearch.org/topic/goomboos-journal-60501)

"One of the simplest trading systems is known as the Turtle Trading System.  In the system, you basically buy if the price is higher than the past 20 periods or sell when the price is lower than 20 periods.  This system generated millions for the participants and followers of it.  One of the "Market Wizards" did a test in which he hired a group of random people and taught them to trade the simple system - the majority of them made several million dollars in the following years.

If you would like to learn more about the Turtle Trading System, the complete rules can be found here:
http://bigpicture.typepad.com/comments/files/turtlerules.pdf

Also, here is an image of the historic performance of this system for the past 41 years.



This was found in this thread:
http://www.tradingblox.com/forum/viewtopic.php?t=7379

Also, the great book on the Market Wizards - or some of the best traders ever:
http://www.amazon.com/Market-Wizards-Interviews-Top-Traders/dp/1592802974/ref=sr_1_1?ie=UTF8&qid=1327115564&sr=8-1"

(/End Quote)

You see, trading is mathematics and in mathematics the most elegant solutions tend to be the simplest ones. The trading methods we offer, will offer, and that are discussed here are proven and taken from real world applications. There is no need to re-invent the wheel; that being said, we don't believe we have all the answers and "Butter-Cream" will let customers do their own thing so the next gen systems we are discussing will allow you to do just that, use a multitude of indicators to create as simple or complex a set of algorithms as you wish; but if I had to put my money somewhere I would wager that the more elegant algorithms customers will come up with will win out against the overly-complex ones.

I hope that helps Smiley.

Pablo.


I am new to this robot and am testing it right now. To utilize the Turtle Method what would be the best settings on your bot to emulate it? I would like to be the lazy man and set it and forget it as I work long days and do not have time to monitor it for most of the day.

Thanks
legendary
Activity: 1183
Merit: 1000
Guys,
  Still looking for ideas and features you guys think would make a cool and profitable hosted bot. We are already in pre-alpha testing and this is the time to get all that stuff you guys have been wanting in Butter-Bot into the new Butter-Cream solution. Please post any suggestions you may have, we hope to get this service out to everyone ASAP.

Pablo.
legendary
Activity: 1183
Merit: 1000
Wow, people really using these fancy and simple bots?

Hey Smiley,
  I was halfway into a reply when I realized Gomboo said it best:

(Quoted from Gomboo's Thread: https://bitcointalksearch.org/topic/goomboos-journal-60501)

"One of the simplest trading systems is known as the Turtle Trading System.  In the system, you basically buy if the price is higher than the past 20 periods or sell when the price is lower than 20 periods.  This system generated millions for the participants and followers of it.  One of the "Market Wizards" did a test in which he hired a group of random people and taught them to trade the simple system - the majority of them made several million dollars in the following years.

If you would like to learn more about the Turtle Trading System, the complete rules can be found here:
http://bigpicture.typepad.com/comments/files/turtlerules.pdf

Also, here is an image of the historic performance of this system for the past 41 years.



This was found in this thread:
http://www.tradingblox.com/forum/viewtopic.php?t=7379

Also, the great book on the Market Wizards - or some of the best traders ever:
http://www.amazon.com/Market-Wizards-Interviews-Top-Traders/dp/1592802974/ref=sr_1_1?ie=UTF8&qid=1327115564&sr=8-1"

(/End Quote)

You see, trading is mathematics and in mathematics the most elegant solutions tend to be the simplest ones. The trading methods we offer, will offer, and that are discussed here are proven and taken from real world applications. There is no need to re-invent the wheel; that being said, we don't believe we have all the answers and "Butter-Cream" will let customers do their own thing so the next gen systems we are discussing will allow you to do just that, use a multitude of indicators to create as simple or complex a set of algorithms as you wish; but if I had to put my money somewhere I would wager that the more elegant algorithms customers will come up with will win out against the overly-complex ones.

I hope that helps Smiley.

Pablo.
legendary
Activity: 1183
Merit: 1000
FIBB Fibonacci Bollinger Bands strategy?

fibonacci's golden ratio is everywhere. read on this topic might be helpful:
http://www.forexfactory.com/showthread.php?t=35566


In the next gen bot you will be able to CREATE your own strategies with a very simple to use interface using our indicators, I am not familiar with the FIBB strategy itself but since it looks dependant on the Bollinger Bands indicator there should not be an issue with you being able to create the neccesary strategy and use it for trading.

I hope that helps :=).

Pablo.
Pages:
Jump to: