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:
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
If there was no trade fee it would be profitable... Unfortunly there is a trade fee so .