Topic: 🔥🔥🔥🔥🔥[GUNBOT] Automatic Poloniex Profit Generator🔥🔥🔥🔥🔥 - page 200. (Read 507769 times)

Mr Bodz's review

Gunthar helped me through with some really stupid questions, he also fixed the bot when there was an issue with it when he first sent it to me.
He has taken on board a number of suggestions we discussed.

The bot runs perfectly fine in a forever script on ubuntu 16. I've just used the default settings and let it run. I tested it out with 0.1 BTC (just under) as of the current moment, poloniex is reporting the value as 0.10155425 BTC with quite a number of open sell orders atm. Not a massive amount but something is better than nothing. I contributed to the little amount of profit by selling a number of coins at a loss.

Looking forward to buying the bot myself but it may not be for everyone.

Ahmed

Oh ok, here is how to do it safely:
1.- if you have no "buy" orders on book, just shutdown the bot and start a new instance of that/those pairs
2.- if you have buy orders: cancel those buy orders (NOT THE SELL ORDERS!!!) and restart the bot on those pairs.

I have a working version with automatic closing orders that didnt get instantly filled but i like to test new features a lot, so it is not in the next update.

Hope it helped
~Gun

1%

theres outstanding orders of buy and sell on books, not sure how I should safely turn off bot and restart with new 3% so I left it alone for now. 

Did you raise % sell to 3% or is that with 1% still?


Dare a bit more buddy (and all that are still at 1% of min sell): raise a bit the min % to sell...up to 2% for now

+2.3%~

Awesome!

Looking forward to more updates! I'm with you on this bot bro, I'd love to see it improve along the way! I'll add more suggestion on my testimonial once I think of some more and inform you.

So far, looking at my progress, I have profited 3%. That's 1% a day. LOL.

You are more than welcome mate: soon the GUNBOT will have that "tool" you talking about

LOL. Didn't know that was possible. XD

I wish poloniex has a better way of showing everything. It takes a while to view each altcoin's progress.

Thanks for the tip gunthar!

YOui see all those "buy" without a "sell"? Click on each of them: it will exclude unsold trades from the calculation. THe total of bought/sold coins on top right must be the same.

I know this. But it takes too long to really check each of those pairs. Also, if you are still holding on to an alt coin it will show a really big negative. This would already be poloniex's problem. Poloniex is showing unsold alts as losses, which is incorrect. I used to trade stocks, but the online platform I used had a better way of showing the true profit and losses I had. Probably I'll create an excel file that would really show my profit/losses.



Edit: I think the BTC VALUE in the Balances page of poloniex is the best way to show how much your progress is. Because it is the BTC equivalent of all Alts you are holding if it was sold at current prices (whether it would incur a loss or not).

CULEXEVILMAN'S TESTIMONIAL


This is my testimonial/review and suggestions for the bot.

So if you're interested in trying out the bot, I suggest you read through here.

I obtained a copy of the GUNBOT from Gunthar on December 27, 2016.

About the GUNBOT

It is KISS (keep it simple stupid), with all the fancy things other platforms at bot has, its a no frills make money bot, now its not gonna make you money if you do not know how to use it, I wanted to run it on Linux so it took some trial and error, but ultimately I got it running and connected with Gunthar’s assistance.

User Interface
The UI is CLI, so its perfect for fundamentalists like me, I prefer CLI over GUI, its more efficient to run over multi pairs, so you can really make this thing into a power trading house.

User Friendliness
The bot should be easy to understand if you have some basic knowledge in trading and markets,
if you are complete newbie I suggest you do some homework before diving into it, even I had to go under at times due to my misconfiguration in the beginning, (PS back in the green now of course, but it is def profitable)

Operating the bot
I use Linux to run this, and Gunthar showed me how to use SCREEN on Linux, it is much easier to manage than in WIN version I think due to the lack of screen real estate I have.

Trading Strategy
It uses 2MA simple and time proven strategy to trade as explained by Gunthar, I also use it at times to help me go into some manual positions, its just a valuable tool to analyze the markets. If you want to utilize more advanced trading strategies, you should use more complex tools, this is a solid tool that does what it needs to do.


Support
Gunthar is always there to help out with the bot and would also give advice and guide you on how to use it properly.
He was very helpful in the whole process and patient as ever with newbie questions. Don’t forget to tip him!


Comment & Suggestions
A overview of all the bots running giving a better view of the status like a dashboard control panel type thing.

Disclaimers:
1. This is my own experience and review.
2. I am not endorsing this bot in a way to say that you would NOT lose money. Don’t play with more than you can afford to lose.

About ~1% profits a day at current rates started with 25BTC.
I am running many of currency pairs at a time, not all pairs are shown.

pssst...mate....
you doing wrong maths over there The poloniex balances page is the "estimated value of your balances" tied to BTC/USD pair: if BTC goes up, total coins go down (which is not your loss), if BTC goes down, total coins go up (which is not your profit) 

To calculate profit/loss, there is another tool on poloniex which is your trading history> analyze pair by pair.

There will be an indicator that will show you profit/loss....this:

Hi FrilledShark
the GUNBOT runs on any box able to run node.js, i have customers and i have tested myself on nix and iOS, i never tried on pi tho. COnsider each nod instance takes 20k of RAM so you would do yrou maths about the pi.

The GUNBOT cant trade at loss (unless a misconfiguration that doesnt take care about the poloniex fees). If the altcoin goes up, it keeps to sell step by step: it buys when price goes below both EMA1 and EMA2 (it happens during the rampage or "corrections" too) and sells at the % gain you set in the configurator.

The max i could test was with 25 BTC and it just keeps gaining following the % we set in the buy/sell, not sure what you meant with diminishing returns.


~Gun

Hi Gunthar,
I'm interested in your bot, but I would like to know a few things:

Does it work on a Linux system and/or an raspberry pi?

Will it lose money if an Altcoin goes up a lot?
- I'm not interested in the Altcoin falling in price, but more if it goes up.

Is there a diminishing returns at some point? Like 5 BTC or 10 BTC.

The Try&Buy licenses from Xmas week expired today and i want to thank you all that posted their reviews/opinions here with a special discount off 50% (they helped me with some nice debug )

So: did you receive the GUNBOT Xmas edition as a Try&Buy? Have you posted your review/suggestion in this thread? If you didnt, you have time until tonight at Midnigth and have the GUNBOT license at 50% of its price!!!!!!!! Post your GUNBOT review here by Midnight and PM me to get your GUNBOT at the special price of 0.05BTC.

WTG gunners!!!!!!!

EDIT: next upgrade of the GUNBOT is on its way. By user suggestions here are the new features:

- You can now trade any pair @poloniex, not only against BTC
- Easier log files to help debugging and/or settings check
- Email alerts by coin pairs about GUNBOT trades.

All active users will receive the upgrade in the next days and all new licenses will be issued with the new upgrade.

~Gun

Yup! That's the trick: usually people make the mistake to compare profit/loss against USD. Indeed, what we are trading is BTC/Altcoin. Mathematically a loss is impossible to achieve: it buys low and sells higher than what it bought (the user can set this in the configuration).
There might be a good solution to this tho: i'm working on an idea like:


~Gun

Well, this is my thank you for giving me the opportunity to try out your software.


Hmm probably it was just because at the time it happened it was because there was a temporary drop in the prices of the altcoins I was holding. I didn't lose that much money, just around 0.0005 or something. So I'll probably edit that on my review.

Thanks for the great review and the effort you put on it mate: as usual from you!

I'll surely revise all your suggestions, but i'm quite concerned about this:


Doubling EMA2 or EMA1 doesn't matter: they are two short-middle periods of time the bot calculates price moving average. As long as the price goes below BOTH of them, it would buy, and then (based on the strategy you selected) it would calculate the selling price: which CANT be on loss (unless you put min % sell <= 0.5). So let's dig more in that bro: can you send me the CSV of THAT trade from poloniex? (Export trade history and then just show me the buy/sell off that trade).
Thanks!
~Gun

This is my testimonial/review and suggestions for the bot. I would update this post everyday (assuming I would not busy). So if you're interested in the bot, I suggest you read through here.

I got a copy of the GUNBOT from my friend Gunthar on December 31, 2016. He gave me a wonderful 15 days to try it out. So I have till January 14, 2017 to try it!

About the GUNBOT

Plain and simple, the bot is plain and simple. Which is a good thing. No beating around the bush it just plainly works as simple as that!

It's a bit rough around the edges but totally working and I would say will pay for itself with the right amount of investments based from my obeservation of the first day it was trading.

User Interface
The UI is quite basic but functional, probably in the next updates we would see some great UI. But currently, the UI will suffience for an investor's needs.

User Friendliness
The bot is basically easy to use even for a newbie in trading and technically I am a newbie in trading. The bot is quite easy to work around and doesn't require knowledge of any programming or tweeking the program. It just requires the settings, and honestly the settings are easy to understand, just that tweaking it would require trader knowledge and experience. Well honestly, you would really require trader knowledge in this since you are trading, right?

Operating the bot
At the login page te user will have to do is input your API key and he Secret API key then the program will show the settings of the bot. All the user have to do next is tweak the settings, again you need trading knowledge here, then just hit start. The settings would require, however, to set and start each PAIR (i.e. BTC/ETH, BTC/LTC, BTC/DOGE, etc.). So for example you want to trade as five pairs. Then you have to do start the bot five times.

Trading Strategy
The bot is performing what it needs to do! It trades based on the preset strategy based on the EMA1 and EMA2. So far it is looking to be an effective strategy and would seem to be profitable in the short-run as well as in the long-run. Gunthar has discussed it in depth here, insert gunthar expla here.

Status update from trading activities
This is what is lacking in the bot and I think it would be a great addition to it to improve it. It would be nice to see directly from the bot what it traded in the time it was running. Also charting the trades would also be nice. Like show how much profit/losses it incurred, volume of trades, percentage of which alt-coins it trades, etc. Another feature that would be nice to get is a log of all the activities the bot did.

Note: I used to bot my clash of clans before using mybot.run. Maybe it would not be the best basis to improve a trading bot. But, the functions in that CoC bot could be a basis to create some wonderful features for the trading bot.

Support
Gunthar is always there to help out with the bot and would also give advice on how to use it (since I a newbie at this, he gave me some tips on what settings to use and what pairs to trade.)

Comment & Suggestions
1. Probably improve UI for better management and understanding of the bot.
2. A better viewer of the progress of the bot. (see Status update from trading activies above)
3. Easier multiple pair trading set-up. (see Operating the bot above)
4. Each window has it's own settings and settings can be changed without closing the window of that pair. (Stop trading -> change setting -> start bot again vs close pair window -> go to settings window -> open new pair window w/ new setting -> start bot again)
5. Each window for each pair should have an indicator, so it is easier to know which one is which. (see pic below).


Disclaimers:
1. This review is from my own experience and it may not be applicable in all circumstances. Your experience versus mine or another would differ depending on the situation. Therefor you should not rely solely on this review or any statement in this review for any of your decisions if you want to trade or buy the Gunbot.
2. In no way I am affiliated with the Gunthar, the Gunbot, Poloniex or any other entity that would be mentioned or connected in this review, unless I say so. Gunthar is a lender in this forum and he became one of my friends here, I am not part of any development, promotion, or any activities resulting from the Gunbot.
3. I would not be held liable for any loses that anyone would incur due to this review of this trading bot. This review was solely for the purpose of giving my review about the bot and showing the progress of my trading. Hence, your actions are your and yours alone.


DAY 1: Jan. 1, 2017
Profit/loss: 0.0004387BTC
Working capital: 0.0396BTC
Change: 1.107%

I would say that on the first few hours I was losing money, but not because of the bot. I had a mistake in inputing data in the settings of the bot. I mixed up the EMA1 and EMA2. I doubled EMA2 and not EMA1, as a result I lost a minor amount of 0.0005BTC. However in the next couple of hours, the bot was able to get back the amount plus change.

I deposted 0.01BTC on December 30, 2016 because I had a confirmation that he was giving me a trial copy on the 30th but he was busy that time so I got it the next day. On the 31st, I get the copy of the bot from Gunthar. I deposited another 0.0296BTC (should have beend 0.03BTC, miscalculated the TX fees). The next depost was 0.05BTC made just today and was not included in the funds traded for the first day.

Edit: The "losing money" was because of the prices going down, not really actually losing money.

 

DAY 2: Jan. 2, 2017
Profit/loss: 0.0019BTC
Working capital: 0.15BTC
Change: 1.303%

This is a kinda late update of my 2nd day.

I deposted some more BTC to my poloniex and made some more mistakes depositing as I exceeded my target value of a total of 0.15BTC in total. So I had to withdraw some btc from it. Now the exact deposit I have is 0.15BTC as my working capital.

The losses were brought about by the sudden skyrocketing of the BTC prices. Seems like every altcoin holder sold their alts for BTC as it really shot up probably hoping that it will further go up. Hence, the drop in all the prices of the alts I was holding. I made a bit of income from the sudden burst in buying from Maid. There was a huge buy suddenly that got maid out of a -10 points back to 2 points and suddenly drop back to -2 points, I watched that one unravel.

So far my losses could be attributed to the drop of FCT and has not stood back up after it's drop. So I have a lot of sells for FCT that would look like it would take awhile before it gets filled. Aside from that the drops from both ETH and ETC also contributed in my negative. But this was all a bit offset by some profits from other Alts.



DAY 5: Jan. 5, 2017
Profit/loss: 0.015BTC
Working capital: 0.25BTC
Change: 6%

Been busy since the last couple of days. I found time today to update. Current sitting on 6% for the last 5 days. So that's more than 1% per day of my working capital. Also note that I only recently added that 0.1BTC from my previous balance of 0.15BTC. I just added it yesterday, so I think it did not yet affect the result as well as it has if it was added from the start.

So far, the bot weathered through the rise of btc prices resulting to a drop in altcoin prices. The bot still was able to come out as profitable even through that even. So the previous negative I had experience on day 2 has totally reversed and profited more than the negative received that day.

Looking to add more funding, but seems hard to get some more until I get paid from my real world job. XD



DAY 6: Jan. 6, 2017
Profit/loss: 0.02BTC
Working capital: 0.25BTC
Change: 8%

So last night (about 10-12 hours ago), I was watching the bot and polo. I watched BTC drop from $1,100 to $890. Every altcoin went up even beyond the Bollinger bands. All my sell oders were all filled and was left with only BTC in my balances. I panicked and didn't do anything. I should have sold my btc to USDT or something else before it reached $890 and should have rebought at that price. Well too late now, that could have been some more profits. Anyway, the bot did well during the chaos when BTC prices was dropping. My balanced reach up to +0.025. I should have stopped the bot that time since I saw that all coins were at a very high peaks. But the bot sets some buys at a high price, which brought my +0.025 to +0.020. More on that later.



The problem is, the bot bought some alts at the time the coin prices were really high. So the set sell price was really high as well. And would seem that it would really take awhile before it get's sold. The bot sets a buy beyond the upper bollinger band which I think should have not happened. Here's the graph of LTC/BTC. The bot made a buy at almost the top of the peak well above the bollinger bands.



DAY 10: Jan. 10, 2017
Profit/loss: 0.0262BTC
Working capital: 0.4718BTC
Change: 5.5%

The income dropped because of my working capital increase again from 0.25 to 0.4718. I add more investment as much as possible, actually I placed 90% of my money in here already compared to the other 10% are on my loan thread! That's how much I trust the bot. I would say, I could have profited more if I made a better setting for each coin. I was trading some weird altcoins like REP and I didn't place a setting that would maximize profit for this coin, like buy @ 0.7% and sell @ 1% since this coin is super volatile. I basically placed every pair I am trading with the same setting. So I got stuck with some altcoins that I bought at a good price, but since all my settings are at 2% sell then I got stuck with them because the price level of the coin lowered.

=)))

I'm sure that it will make profit even on ZEC/BTC pair which is not recomended by U.  Let's see..