Topic: 🔥🔥🔥🔥🔥[GUNBOT] Automatic Poloniex Profit Generator🔥🔥🔥🔥🔥 - page 190. (Read 508117 times)

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???

Right. Actually different markets use the same balance on poloniex. People tradign on different markets did create different accounts hence different balances.