🔥🔥🔥🔥🔥[GUNBOT] Automatic Poloniex Profit Generator🔥🔥🔥🔥🔥 - page 185.

Gunthar

hero member

Activity: 1498

Merit: 614

Liable for what i say, not for what you understand

Quote from: soyab0007 on February 01, 2017, 06:56:18 AM

Does the bot make adjustments to the lows and highs so as to not buy a coin when it's low but then be unable to sell if the coin starts to crash or something of that sort?

That's the part of the bloodymary strategy, it gets rid of old BUY orders and old SELL orders. Also: with the latest update the bot doesnt buy too low anymore and it stops at max % balance threeshold: that's a protection to not keeping to buy during a crash.

soyab0007

hero member

Activity: 560

Merit: 500

Does the bot make adjustments to the lows and highs so as to not buy a coin when it's low but then be unable to sell if the coin starts to crash or something of that sort?

Decoded

legendary

Activity: 1232

Merit: 1030

give me your cryptos

Quote from: guelz on February 01, 2017, 06:23:58 AM

Gunbot is doing fine so far, trading 7 pairs on a Odroid XU4!-)

One quick question:
Is "MAX_BALANCE:" to use on one pair calculated off "Total Balance (BTC)" or "Total Balance" minus "on Orders"?

The Bot so far never used my whole BTC Balance and it looks like I can trade more than a 100% all summed up!-)
I'm aware that it might leave the bot without funds on a pair "some day" but so far it has not happened!

May I ask, what pairs are you trading?

guelz

newbie

Activity: 13

Merit: 0

Gunbot is doing fine so far, trading 7 pairs on a Odroid XU4!-)

One quick question:
Is "MAX_BALANCE:" to use on one pair calculated off "Total Balance (BTC)" or "Total Balance" minus "on Orders"?

The Bot so far never used my whole BTC Balance and it looks like I can trade more than a 100% all summed up!-)
I'm aware that it might leave the bot without funds on a pair "some day" but so far it has not happened!

Decoded

legendary

Activity: 1232

Merit: 1030

give me your cryptos

Quote from: Gunthar on February 01, 2017, 03:30:23 AM

Quote from: soyab0007 on February 01, 2017, 03:23:27 AM

So basically its a combination manual and auto..

Well no. The bot is able to buy and when coins are cheap like this, the bot is even happier

What they are trying to say is: they buy manually a "huge" amount of cheap coins (the bot wont buy a "huge" amount: it will stop to buy once you have reached a settings called "max % of balance" on that pair).

Also: it is NOT recommended to trade the same coin against 2 different pairs (BTC/ETH vs USDT/ETH vs USDT/BTC i.e.). The bot isnt an arbitrage bot: trade them with different poloniex accounts and balances!

Thanks!

Ah, noted. Was doing that to try and hedge my investment, however I was just setting myself up for multiple losses.

The only pair I kept was USDT_BTC and USDT_ETH, pecause USD isn't as volatile as the other cryptos. That should be fine, right?

Gunthar

hero member

Activity: 1498

Merit: 614

Liable for what i say, not for what you understand

Quote from: soyab0007 on February 01, 2017, 03:23:27 AM

So basically its a combination manual and auto..

Well no. The bot is able to buy and when coins are cheap like this, the bot is even happier

What they are trying to say is: they buy manually a "huge" amount of cheap coins (the bot wont buy a "huge" amount: it will stop to buy once you have reached a settings called "max % of balance" on that pair).

Also: it is NOT recommended to trade the same coin against 2 different pairs (BTC/ETH vs USDT/ETH vs USDT/BTC i.e.). The bot isnt an arbitrage bot: trade them with different poloniex accounts and balances!

Thanks!

soyab0007

hero member

Activity: 560

Merit: 500

So basically its a combination manual and auto..

cointabo

sr. member

Activity: 477

Merit: 250

Quote from: Decoded on February 01, 2017, 02:28:23 AM

Just throwing this question out there, want to see what we all think on this.

Is it smart to trade multiple pairs that include the same coin?

For example, I currently am trading BTC/XMR, BTC/ETH, BTC/USD, and USD/ETH. As you can see, I have alot of pairs linking to BTC. If the price of bitcoin goes up (It's almost always bullish and is currently bullish), then logically the price of the other alts will go down. That's what's happening right now, and my bot is pretty much buying all the ETH and XMR it can get it's hands on. Should I be worried?

TBH im worried.

I am a fellow gunbot trader, and what I suggest you to do at times like this is, stop gunbot and start manual accumulation, as you have mentioned earlier in your post, when BTC goes up all the other altcoins go down, hence, its a free fall for alts. Accumulate them when they're cheap and resume gunbot when btc starts going down. Thats what I am doing.

Decoded

legendary

Activity: 1232

Merit: 1030

give me your cryptos

Just throwing this question out there, want to see what we all think on this.

Is it smart to trade multiple pairs that include the same coin?

For example, I currently am trading BTC/XMR, BTC/ETH, BTC/USD, and USD/ETH. As you can see, I have alot of pairs linking to BTC. If the price of bitcoin goes up (It's almost always bullish and is currently bullish), then logically the price of the other alts will go down. That's what's happening right now, and my bot is pretty much buying all the ETH and XMR it can get it's hands on. Should I be worried?

TBH im worried.

Gunthar

hero member

Activity: 1498

Merit: 614

Liable for what i say, not for what you understand

Quote from: REorEVOLUTION on January 31, 2017, 06:47:01 PM

Hi Gunthar

I only stopped/closed instances of the bot for currency pairs which had no open orders.
Now I have a few altcoins in my account which the bot seems to have bought but did not put in a sell order in. How do you think that came about?

AS already explained previously in this thread, that's a normal behaviour: the bot doesnt put ALL coins to sell orders if there is not enough ask/bids at that price and also to not engulf the "onOrder" balance of type "SELL" so, your bot, would keep buying if market conditions are met (otherwise you would reach the "We used enough balance on this pair..." message too early)

Please dont stop the bot nor trade those coins manually: by the order number, the bot is able to store the BUY price and to put a SELL price for those coins soon as the market conditions are again with enough ask/bid volume for that price.
Thanks!
~Gun

EDIT: i understand now it is not your intention to trade those coins anymore. So you should calculate they buy price to put a sell price manually. You can do it by bot logs or you can just go to this page of poloniex and see the average BUY price for that coin and do your maths https://poloniex.com/tradeHistory#analysis/FCT/BTC
(example is FCT, change to your desired coin)

REorEVOLUTION

newbie

Activity: 51

Merit: 0

Hi Gunthar

I only stopped/closed instances of the bot for currency pairs which had no open orders.
Now I have a few altcoins in my account which the bot seems to have bought but did not put in a sell order in. How do you think that came about?

cointrader83

hero member

Activity: 742

Merit: 500

I started my bot today in first time. I will post my statics here.

Unfortunately today I have just boughts and all my balance waiting for selling.

Gunthar

hero member

Activity: 1498

Merit: 614

Liable for what i say, not for what you understand

Daily updates of best cryptos to trade with GUNBOT.
https://docs.google.com/spreadsheets/d/18ZXqoCXFRWK3bu022__vjTW7WROBDOYaQTPYLvTKmZA/pubhtml#

Gunthar

hero member

Activity: 1498

Merit: 614

Liable for what i say, not for what you understand

Quote from: cointrader83 on January 31, 2017, 11:25:11 AM

Quote from: Gunthar on January 31, 2017, 11:21:14 AM

Quote from: cointrader83 on January 31, 2017, 11:09:40 AM

Quote from: Gunthar on January 31, 2017, 11:01:56 AM

Quote from: cointrader83 on January 31, 2017, 10:52:14 AM

Hi Gunthar!

Started my bot at the first time, and the bot bought the coins.

My % of Gain was 1.2

Now, for example with DASH:

price target to buy: 0.01681544
price target to sell: 0.01720402

If I calculate, that is 2% not 1.2%.

So how does the bot calculate this price?

You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25)
Also you have to calculate roundings which is fixed at 8 digits.
The bot maths are right.
~Gun

EDIT: 0.25% for buy + 0.25 for sell orders Wink

Can you share with us your settings/parameters Gunthar?

Because of testing purposes of my running instances i only use default settings. If you scroll this thread you will find a lot of users sharing their configs and their profit/loss.
My suggestion is: depending on your trading attitude, you can lower the % of Gain to have multiple recurrent trades per day or you can set it higher to have less trades but with more profit.

Have you enabled Bloody Mary, or no?

Nope and i will never enable it. I wont sell at loss, that's a personal thing that some users asked. Personally i'd hold and wait for the coin to recover

cointrader83

hero member

Activity: 742

Merit: 500

Quote from: Gunthar on January 31, 2017, 11:21:14 AM

Quote from: cointrader83 on January 31, 2017, 11:09:40 AM

Quote from: Gunthar on January 31, 2017, 11:01:56 AM

Quote from: cointrader83 on January 31, 2017, 10:52:14 AM

Hi Gunthar!

Started my bot at the first time, and the bot bought the coins.

My % of Gain was 1.2

Now, for example with DASH:

price target to buy: 0.01681544
price target to sell: 0.01720402

If I calculate, that is 2% not 1.2%.

So how does the bot calculate this price?

You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25)
Also you have to calculate roundings which is fixed at 8 digits.
The bot maths are right.
~Gun

EDIT: 0.25% for buy + 0.25 for sell orders Wink

Can you share with us your settings/parameters Gunthar?

Because of testing purposes of my running instances i only use default settings. If you scroll this thread you will find a lot of users sharing their configs and their profit/loss.
My suggestion is: depending on your trading attitude, you can lower the % of Gain to have multiple recurrent trades per day or you can set it higher to have less trades but with more profit.

Have you enabled Bloody Mary, or no?

Gunthar

hero member

Activity: 1498

Merit: 614

Liable for what i say, not for what you understand

Quote from: Gunthar on January 31, 2017, 11:21:14 AM

Quote from: cointrader83 on January 31, 2017, 11:09:40 AM

Quote from: Gunthar on January 31, 2017, 11:01:56 AM

Quote from: cointrader83 on January 31, 2017, 10:52:14 AM

Hi Gunthar!

Started my bot at the first time, and the bot bought the coins.

My % of Gain was 1.2

Now, for example with DASH:

price target to buy: 0.01681544
price target to sell: 0.01720402

If I calculate, that is 2% not 1.2%.

So how does the bot calculate this price?

You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25)
Also you have to calculate roundings which is fixed at 8 digits.
The bot maths are right.
~Gun

EDIT: 0.25% for buy + 0.25 for sell orders Wink

Can you share with us your settings/parameters Gunthar?

Because of testing purposes of my running instances i only use default settings. If you scroll this thread you will find a lot of users sharing their configs and their profit/loss.
My suggestion is: depending on your trading attitude, you can lower the % of Gain to have multiple recurrent trades per day or you can set it higher to have less trades but with more profit.

Quote from: Lone Shark on January 31, 2017, 11:17:45 AM

So this means that the bot is adding 0.25% based on the setting. Meaning when we put a target income per trade of 1.2% then it actually sells it at 1.45% of the buy price? Is that correct? If it is, then that is logical and I didn't know until now.

Correct my Lonely friendly Shark! You are correct...as always Grin

Gunthar

hero member

Activity: 1498

Merit: 614

Liable for what i say, not for what you understand

Quote from: cointrader83 on January 31, 2017, 11:09:40 AM

Quote from: Gunthar on January 31, 2017, 11:01:56 AM

Quote from: cointrader83 on January 31, 2017, 10:52:14 AM

Hi Gunthar!

Started my bot at the first time, and the bot bought the coins.

My % of Gain was 1.2

Now, for example with DASH:

price target to buy: 0.01681544
price target to sell: 0.01720402

If I calculate, that is 2% not 1.2%.

So how does the bot calculate this price?

You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25)
Also you have to calculate roundings which is fixed at 8 digits.
The bot maths are right.
~Gun

EDIT: 0.25% for buy + 0.25 for sell orders Wink

Can you share with us your settings/parameters Gunthar?

Because of testing purposes of my running instances i only use default settings. If you scroll this thread you will find a lot of users sharing their configs and their profit/loss.
My suggestion is: depending on your trading attitude, you can lower the % of Gain to have multiple recurrent trades per day or you can set it higher to have less trades but with more profit.

Lone Shark

sr. member

Activity: 588

Merit: 250

So this means that the bot is adding 0.25% based on the setting. Meaning when we put a target income per trade of 1.2% then it actually sells it at 1.45% of the buy price? Is that correct? If it is, then that is logical and I didn't know until now.

cointrader83

hero member

Activity: 742

Merit: 500

Quote from: Gunthar on January 31, 2017, 11:01:56 AM

Quote from: cointrader83 on January 31, 2017, 10:52:14 AM

Hi Gunthar!

Started my bot at the first time, and the bot bought the coins.

My % of Gain was 1.2

Now, for example with DASH:

price target to buy: 0.01681544
price target to sell: 0.01720402

If I calculate, that is 2% not 1.2%.

So how does the bot calculate this price?

You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25)
Also you have to calculate roundings which is fixed at 8 digits.
The bot maths are right.
~Gun

EDIT: 0.25% for buy + 0.25 for sell orders Wink

Can you share with us your settings/parameters Gunthar?

Gunthar

hero member

Activity: 1498

Merit: 614

Liable for what i say, not for what you understand

Quote from: cointrader83 on January 31, 2017, 10:52:14 AM

Hi Gunthar!

Started my bot at the first time, and the bot bought the coins.

My % of Gain was 1.2

Now, for example with DASH:

price target to buy: 0.01681544
price target to sell: 0.01720402

If I calculate, that is 2% not 1.2%.

So how does the bot calculate this price?

You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25)
Also you have to calculate roundings which is fixed at 8 digits.
The bot maths are right.
~Gun

EDIT: 0.25% for buy + 0.25 for sell orders Wink

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