Topic: 🔥🔥🔥🔥🔥[GUNBOT] Automatic Poloniex Profit Generator🔥🔥🔥🔥🔥 - page 190. (Read 508402 times)

I will be conducting a test starting today with 1.4 BTC I will use GUNBOT for 24 hours and tell you what my profit is or what my profit would be with the sell orders that could or could not be in place.

I will be using 50% BTC/ETH altcoin and 50% BTC/XMR with a % of gain 1.24% , my max % balance to trade will be 100% and all other configurations will be left default.


I will let you know in EST when the bot will begin and when the bot will end and tell you my results.

           This is the first release with a centralized deployment of updates: this is the last time you need to send me your API key. Everyone will get a permanent download link to check for updates. The deployment will start tomorrow morning UTC, so you have plenty of time to send me your API keys again. Thank you for understanding.

Changelogs:

 - Kicking the buy orders, so the GUNBOT doesn't get stuck anymore on some market's conditions
 - Deprecated min % to buy and min % to sell: there is now only one setting, % GAIN (default 1%).
 - Bloody Mary strategy- TO USE WITH EXTREME CAUTION: it liquidates unprofitable assets by checking multiple factors. Your desired % GAIN, your pair's profitability compared to other pair's profitability you are trading on the same account, market conditions (pumps and dumps), altcoin 24h variation, last price and date/time the SELL order was created: if the sell order was created more than LONG EMA periods ago (older than your longest EMA) and the SELL order price is higher than expected %GAIN and the coin's price down (%) more than all other coins you are trading and the last 100 prices indicate it is a dump > cancel the old SELL order and place a market order. This will give your bot extra liquidity to invest in the actual changing market's conditions. N.B.: THIS IS AN OPTIONAL FEATURE THAT YOU CAN ENABLE/DISABLE with a check. DO NOT enable this if you have doubts: put 1000 questions before to use this!!!
 - Fix of connections timeout on some Windows 10 editions 64bit (i hope)

Basically: tuning this strategy on the 1000trades, it will allow your bot to get rid step by step of obsolete BUY orders and obsolete SELL orders that would never be executed and are just stalling your balance. This has been tested over a balance of 1.82BTC, liquidating all assets with a loss of 0.004BTC, gained back after 16 hours and 30 minutes (so 0.004+0.004).
By now, your GUNBOT would start a loop of BUY+SELL > if not immediately profit > liquidate and start it over with fresh capital.

I hope you like it and I hope you will like it even more by using it

~Gun

PS: I expect a lot of questions before you start to use this!

---

UPDATE: still tuning after the final tests guys, deplyment is not started yet. Thanks for understanding.

Volume of trades above and below 1% of ema1 and ema2 over coins with volume higher than 300 at poloniex public order book. I'm running a "dummy" bot that only calculates this. WE actually at 0.38%. I think i published this somewhere in this thread but thanks for reminding it.
Hope it helped.
~Gun

Hi Gunthar

I think its more valueable if we continue our conversation here in case others have a similar question.

I asked you how many licenses you will be selling and you replied:

...

Could you please specify the vol for which pair/exchange you are refering to when you speak about "6% vol" and "0.4" ?

Thanks!

day_N is value in BTC what I can see on poloniex approximately at the same time every day

value_in_percent_N+1 = ((day_N+1 - day_N - mining) / day_N) * 100

The problem is how are you calculating day_N: FrilledShark excel sheet does the right calculation based on trade history. If you wish i can put yours in that excel (for free of course lol) so to calculate day_N correctly.

That could be possible - it can be represented in many ways. My simple recurent calculation does:

((day_N+1 - day_N - mining) / day_N) * 100 -> value in percent

Can you please send me your trading history from here https://poloniex.com/exportTradeHistory i would use that in FrilledShark's calculator here https://docs.google.com/spreadsheets/d/1jRhLRAI9CJM1EFnJfToP3N4Mr7f7gyP-gqUMY67UAs8/pubhtml#
because i dont think you are doing maths correctly. That trading history woudnt take care of your mining income of course because it's not based on balances.
Thanks!
~Gun

Update:

day / change against previous day in percent
0 / -
1 / 4,35 %
2 / 1,18 %
3 / 1,16 %
4 / -2,55 %
5 / 1,83 %
6 / 0.26 %
7 / -0.55 %
8 / 0.14 %

I totally agree, I would be happy to see much more buys.

Oh you are just reminding me i will have propably to push a new update later tonight...in my opinion this bot is not buying how much it should probably...whatcha think? And no impementations that are being discussed here are not charged. I will not have even the time to raise the price of this bot in my life, because i think, when we will reach an excellent level of satisfaction, we will have to stop selling licenses to not stuck poloniex volume
~Gun

No big deal, but I'm mildly uncomfortable with a "sell all old holdings" approach because coins tend to cycle at different rates - for example some might be hourly and others might be monthly. Of course there are fractal variations, cycles within cycles, slow tanking or moonshots and so forth - lots of variability to make things interesting. Although perfection is impossible, I'd advocate a coin-by-coin heuristic or algorithm that tries to detect when a given coin order is stale rather than an all-or-nothing "reset everything old" approach.

That said, I have no complaints about the value of the bot as it is or about the proposed change - like most users though, my feature wishlist is infinite if I don't have to pay or work to implement it.       

Love this thread! Will be among you soon. Special respect to Gunthar 

THere is a similar scenario used as an exit from dumps: buy step by step when it falls and sell step by step when it grows (that will generate a profit by itself).
Anyway i think what you saying here would be covered by the "liquidate assets" strategy: this is exactly the reason why we need that implemented.
~Gun

I've came up with another optimization idea. Right now, when bot chooses optimal buy price, it simply tries to buy the maximum amount of tokens until the limit is over. If after that the trend changes and the price goes up, we're cool and just need to wait for sell order to execute.

But the downtrend may continue for some more time. In the worst case even with further consolidation on a new lower price level. And during this period we can't make any profit or reduce the possible risks in any way. Actually, with this scenario, we are almost guaranteed to get a nice bag of high-priced tokens and a bunch of sell orders for the next couple of weeks!

But what if we abandon the idea to buy all the tokens for the exact same price, and instead we will place several orders on different price levels, so that even with further price reduction we will be able to buy more and more tokens on lower levels and thus causing the reducing of 'average buy price' of the token! Moreover we can recalculate our sell orders as well, because with lower 'average buy price' we can sell tokens at lower price as well without any loss of profit!

For example, we're trading ZEC/BTC and our price target to buy is 0.04600 BTC. When approaching this price we will create not one, but ten orders, according to the following principle: every next order will differ at a certain value. We can use Martingale strategy for calculation, so that every next order will be cheaper, but for higher volume than previous one. Here is an example of how such calculation can be made: https://docs.google.com/spreadsheets/d/1mVUD-9ITW6LVGWZ41eKbpLND0aABE6rEM5XBP-C-OlE/edit?usp=sharing



What do ya think?

Looking forward for the btc swing change. 
As I can see that's the main concern I have, being left with stale sell orders on 1000 trades mode.
Thanks for working on this.

I only meant for people who may NOT read the whole thread in the future. There have been many new traders in this thread who have had things carefully spelled out for them. Would be silly to let a simple mistake lose money that could be avoided.

If it's unnecessary, so be it.

Honestly, if you didn't realize that your trading your bitcoin for alt coin I think you need to re-read the section, but I do think there should be some insight on the duration of the sell orders. It's usually between 6 hours - 7 days. Mine have been in a sell order for around 3 days now I got impenitent and lost some profit and sold some.

I'm all for it. I think the added control of being able to pick and choose what coins get wiped is exactly what we need. I have funds tied up in two day old trades that could have been riding other waves all day long!

Can it maybe put a warning for people who may not understand exactly why they are doing it.. YOU ARE ABOUT TO EXCHANGE ALT FOR BTC ARE YOU SUPER SURE???