Topic: 🔥🔥🔥🔥🔥[GUNBOT] Automatic Poloniex Profit Generator🔥🔥🔥🔥🔥 - page 142. (Read 508117 times)

Great news about the new version. I haven't used mine in several weeks but it was working great. I saw that you were doing a bounty for installation instructions on the telegram. I forgot how I installed it Could you tell me where I could find it ? I had to disable telegram notifications because they were going off in the middle of the night for me  

Hi all :-) and Hi Gunthar :-)
First of all I want to say I really enjoy Gunbot and Gunthar's constant efforts to improve it !

Now from my experience and from what I read in the chat, the main problem remaining on Gunbot is when it buys at top price, leading to bag holdings for days (weeks... months...) before these alts recover

I have a suggestion for an option that would allow to minimize these situation
I already posted this idea twice on the Telegram group and it received very good feedback, but I'm sure many users missed it (sometimes hard to read 1000+ messages daily), and that's why I'm posting it here on the forum so everyone can see it and comment.

This options consists in an additional parameter that would be % of bolinger band where bot is allowed to buy
The bot would measure the distance between the lower and upper bolinger bands, and if the price is at a higher distance than set, the bot would not buy

We could set this parameter to 500% by default, with this setting the bot would behave exactly as it is doing now, and it would not bother  those who don't want to use this feature.

This would be an additional filter that would be applied just before the bot buys, so it would not change at all the actual gunbot strategy, but only prevent buying too close to upper Bolinger Band if the feature is activated.

For those who want to use the feature, they could set this parameter to 50% for example in which case the bot would buy only if Buy Price is below or at 50% distance from lower bolinger band to upper bolinger band. Depending on each coin behavior the parametre could be set to 10%, 0%, or even -10%

In the picture below for example, the parameter is set at 50% and the bot would be allowed to buy only in the yellow range (sorry the drawing was quickly made and not perfect).



For myself if this was implemented I would use it a lot and set it between 20%~30% I think, but that must be adjustable differently for each pair according to their recent behavior.


So basically if we call BBSetParam this new parameter, we would have something like:


(Note: someone on the Telegram group said that it is useless because we have EMA's, but this is wrong. Bolinger Bands are really different indicators, and EMA's are useless in what I'd like to see because EMA's always tend to follow the upper Bolinger Band during pumps, and the lower Bolinger Band during dumps.)

I would like to hear everyone's opinion about this suggestion
Thanks for reading :-)

I left the bot on 10 pairs in the past 2/3 days and so far I am up around 6% since it started. The ones with most trades/profits are actually

LTC  MAID  XEM  STRAT  DCR  ETC  LSK  and with less completed trades XMR  ETH  XRP. Hope it can help.

Gunbot on Linux keeps saying "Config file not found!". Any help?

@JanpriX

can i ask you, what settings/pairs you use ?

Based on my experience with Gunbot for almost 2 weeks, I could say that it could give 1% to 5% each day. This depends on your settings, how much BTC you put in 1 pair and how good that pair will run for that specific day. There are so many factors that may affect your earnings but I'm certain that Gunbot will give you some profit if you just let it do its job.

So this give minimum about 1% ROI each day, correct?