Topic: (Closed) Butter Bot!: Premier Bitstamp, and BTC-E EMA Trading Platform (Closed) - page 86. (Read 274813 times)

YAY! Great work and damn cool features!


Just a small "cosmetic issue"

The message:
"There is a new Butter Bot version available. Download"
won't disappear for me after installing the current version.

(no, i haven't restarted my browser yet - and i don't want to^^)

*******************************
New Release (V2.2)
*******************************

Friends,
   V2.2 will be going out shortly, it includes the following improvements:

1. The ability to back test each exchange independently with it's own data.
2. Back testing automatically adjusts to each exchanges default fee.
2.The ability to set a starting balance (IE: 100 USD) and see an ending balance after your test period (IE: 1000 USD).
3.  Buttons now provide visual feedback.
4. Back testing has a progress indicator.
5. API secret is blanked out (like a password)
6. Several other visual and under the hood improvements.

Please feel free to post any comments you may have, also please contact me if you are a current customer and you do not receive the updated software within the hour.

Note: We have also extended the trial period on the website from three days to one week .

Pablo.

Pablo.

Hi NginUS ,
       Indexing the thread is a good idea, I have also personally thought about including a forum where the Butter-Bot community can interact on the main page but I am yet to find software I am comfortable with for this particular application.

About integrating with my-btc.info; that's actually a very interesting idea. I will bring this up at our next staff meeting for consideration. In the end though, it may be easier to just do a custom solution for tracking trades; I'm just spitballing here, we have a lot going on right now with new a new bot version to be release this week (V2.2) and some other surprises so development time is a bit limited. We'll look into it and see what happens .



Pablo.

Hi,

I'm new to ButterBot, and I'm currently spending time reading through this long thread to get up to speed with what the user community has to say about the software. I'm only at page 15 so far, and already I feel compelled to add a reply to the thread.

I have a few suggestions to make that might make it easier for noobs to become familiar with the software, & to make it easier to track performance.

One being the development of an index of the 'Discussion' the main ButterBot website links to here, so that new users can navigate to the page in this thread where their particular version begins being discussed. It might also be helpful to index other pages / topics as well that are scattered throughout the thread.

Another suggestion is with regard to the design of the bot itself, in that I would find it helpful if it could integrate with the My-BTC.info website and automatically populate my account there with transaction data so that I don't have to go through each email I get from the bot telling me about the trades it made to enter them manually into the website for tracking my profit & loss.
 
In actuality, my bot is so new, that it has yet to execute a trade yet, so I still have yet to know if the email it sends me will include sufficient information for me to use it as a source of data entry for updating My-BTC.info, I hope & assume it is.

That's all I've got for now.

Hi Brian ,
    Please feel free to download another demo, I think the limit is 6 demos; you should be able to continue using the bot without issue .

Please let me know if you need anything .

Pablo.

same here. Is it possible to get a one-week trial? You mentioned running it 4-6 days.. But given a 3 day testing trial. Maybe it's good marketing sense
but whatever the case may be, can I get an extension since it isn't working properly?
Regards,
Brian

Hey ,
   We source the graphs and it looks like the supplier has been having issues since the crash. Seems like the graph is coming and going but the bot seems to work fine. I would give it a few hours until things settle down a bit and then reset the bot; that should solve it if the graph does not return on it's own before that.

Instructions to reset the bot:

1. Please enter this address into your Chrome address bar: chrome://extensions/
2. "Untick" the "enabled" button, count to 10 and then "Retick" the button.

This should resolve the issue, if it does not, please let me know, I will be happy to track the issue down further for you  .

Pablo.

All of the sudden, I've lost my graph images.  On the drop down and in the options.  Is this down for everyone?

Hi Pacojones ,
    With EMA, you are expected to have a higher number of loss trades than profit trades, but the loss trades are expected to be very low, a couple of dollars, as you have seen. The profit trades should over the long term far outweigh the couple of dollars you will loose with the small loss trades. This is why EMA is a long term strategy, the higher the number of trades you see, the more likely that mean deviators will blend into expected returns. In the short term you could see a couple of loss trades or a couple of profit trades, it really doesn't mean much; think: "The Law of Large Numbers," and you will get what I mean.

Unfortunately today's crash is a huge mean deviator, nothing we can do about that, we just have to let the bot keep doing it's job and let a larger number of trades average things out.

Please do not hesitate to contact me if you need anything .

Pablo.

I'm a new user and I know this is a 'long term' strategy but I've been tracking the buys and sells and in the past few days the bot has bought high and sold low - I've lost 10% - I know silk road was just shut down and there was a panicked sell off but here is an example of the buy sells that I'm seeing:

Yesterday
2:08 PM – bitstamp triggered buy $127.50
2:08 PM – btce triggered buy $124.30
Today
2:08 PM – btce sell order triggered $94.90
2:07 PM – bitstamp sell order triggered $93.00

Is this just because of the blip or is this thing out to get me??  This would be a big deal but I'm trading a low volume while I figure out how the software works...

BTW - I've configured the recommended settings - 2 hours, 0/.25 for both buy & sell - 7 minute tick, etc.  following the setup guide.  Looking at the charts for the exchanges I see that the swing probably started and stopped too quickly for a 2 hour window (hence the 'long term strategy comment') I'm just wondering if this is expected.  It's as if I've configured the software backwards!

ok, thanks for the information 

Hi Wantaduff ,
   Up to know we have been attaching the updates to a mass Blind (BCC) email. (EDIT) The current release of the bot includes a feature to alert you when a new version is available so that you can download it on your own .

Please do not hesitate to let me know if you have any other questions .

Pablo.

hey there again 

how does the updates work for the bot?
Do you attach the updated extensions in a email or does it check updates itself?

WantaDuff

allright, thanks!

I asked the same question - you have to leave your machine powered on with Chrome running for the bot to work

Does the bot also work when my pc is offline?

WantaDuff

Hi Pacojones ,
   This is a complex question because it does not depend on 1 factor. For example currently Mt. Gox is pretty volatile, and our back testing engine pulls all its data from there (the new release will have independent back testing for each exchange) so here you have a pretty good idea of what your settings will do. But given the fact the Mt. Gox is taking 7 weeks to process withdrawals, and that the U.S. government is looking to prosecute them for Money Transmission violations, it may not be the safest place to be at right not.

BTC-E is a pretty decent exchange with alt-currency support which will be part of Butter-Bot in future versions so it may be a good place to nest.

Bitstamp seems all round solid as well but it's not as reactive as Gox.

So I guess my advice would be either BTC-E or Bitstamp because although Gox is probably more volatile and this would likely be better for trading, there are a lot of unknowns there right now.

Hope that helps .

Pablo.

I'm new to butter-bot so this may be an ignorant question but I'm wondering about exchange history and if there is a best exchange to 'invest in' - meaning, butter-bot supports btce, mtgox and bitstamp.  As a trial I put 1/3 of my coins in each exchange and I'm watching, backtesting, reading, etc.  I then thought "why don't I put this all in mtgox, it's the most volatile (in terms of USD swings).  Now, I'm not sure this is a good strategy...  If this is asked and answered, sorry!  I'd appreciate any input...

Hi ,
  Not much at all really, but it's a good number to test the bot's tools out with.

Ok well I am currently trading with 0.05 btc I am guessing not much is going to happen. What can I expect with this low of funding?