Topic: 🔥🔥🔥🔥🔥[GUNBOT] Automatic Poloniex Profit Generator🔥🔥🔥🔥🔥 - page 204. (Read 508117 times)

I thought you were going to give me a free copy. (Hopes were so high) LOL.

Anyway, read it and will try it in the morning!

Thanks Gunthar!

just got curious with your gift mate it seems that your bot really works well i will try to liquidate some of my asset to buy a copy one thing is for sure will be always question to you, how sure we can profit or how long we can recover the price that we pay for the bot, i understand its a newbie question i also chasing those alts from polo and wait for them to pump up after the dumped.

Yo Lone Shark!!! Lol long time no see yo uh?

Would i recommend a beginner to use this to start trading? Well no but not because this doesnt work. It does! But i woudnt suggest any beginner to start tradign with a bot (ANY BOT). But i have a xmas gift for you: do what i suggest in this thread. If you succeed on that, buy a GUNBOT and let it make the job for you 24/7
~Gun

Wow. Just wow on the effort with this Gunthar! Clicked your awesome signature and see this!

I don't trade, but I'd like to try. Would you recommend a beginner to use this to start trading? Also, do you offer discounts on the first buyers?

Today has been a great day again for ETC on GUNBOT. Other 2 pairs has performed very well too: FCT and MAID. Interesting fluctuations with a good number of trades from XMR and XRP as well. Week MON-FRI returns has been 14% of total invested BTC. Not bad!

Look at today trades from those pairs:

Thanks, Dude!)

Aweee thanks! I need it as it is a start! Anyway you dont need a bot to start trading You may get some suggestions here https://bitcointalksearch.org/topic/m.17180511

Good luck to u too mrgreen!
~Gun

I wish I had this 0.1 btc))) Good luck 2 U Dev!!!
 

As long as there is a pretty good wrapper it can be implemented in Kraken and in any other exchange. I see kraken got a third party wrapper here https://github.com/nothingisdead/npm-kraken-api so maybe i will implement it if there is enough demand. The question is (and the reason i implemented poloniex): is there enough volume on kraken to justify a bot? I see on polo, pairs with volume < 500 have veeery slow trading opportunities per day (maybe i get bored quickly  )
~Gun


EDIT: ETC performing great today too! GUNBOT started with a nice buy/sell and it is now on buy again ready for yet another profit sale!

Wow!  Thanks for the detailed tutorial, do you have a bot that works on Kraken as well?

Yup it does. Uploading today ETC trades

Reserved

           Before I can answer questions you need to put questions. So don't be shy and ask: the thread is self-moderated just to avoid spam and trolls, not for serious inquiries.
~Gun

           Reserved for changelogs and future releases/algorithms.

I can provide on demand Amazon VPS with Windows+GUNBOT pre-installed with monthly fees related to Amazon costs. It would be useful to run the GUNBOT 24/7 if you cant run it 24/7 at home. PM me for more details.
~Gun

           The GUNBOT licenses will not be infinite: there will be only a limited number of traders that will be able to use the GUNBOT on polo. This is because I made some calculations and poloniex volume is not infinite as well. If we start to spam the order books with bots, soon or later someone of you will get their GUNBOT stuck (like it already happens for other bots sold with infinite copies). But there is a solution to this: if you liked this algorithm, you will like my next one even more. The next GUNBOT algorithm is called Black Edition and will be released once all the GUNBOT licenses are sold. Only traders with a bought GUNBOT license history will be able to buy a GUNBOT Black Edition license. Any new trader will need to buy a GUNBOT license from one of you. So, your GUNBOT license acquires value over time and can be traded/sold at best price directly from users (you). So as a first step, to buy the GUNBOT license please PM me and we will proceed (even with an escrow if you decided so). What you need to buy the GUNBOT: your poloniex API key (PLEASE IMPORTANT NOTE: NOT THE API SECRET!!!) and 0.1BTC, If you have further questions before to buy, shoot me a PM as well.

           Ehhhhhhhhhh...this week has not been a good week for altcoins, uh, but I will try. I will also post on this topic what the 2 vouched licenses got as a profit and any user's proof willingly to post their proof of profit. During this bad week look how polo board is red:


           Is ok, despite everything is red this is what i got while sleeping and while writing this tutorial  :


           It isn't bad huh? Consider the GUNBOT invests 10% of your total BTC amount for each trade. In this starting stage, i will let it like this. In the future I may put a config option to let you go all-in if you want but...for now please let me sleep well and let's not risk more than we can afford to loose (the golden rule we should always remind....)

~Gun

           So the dump is here and the Bollinger Band didn't support you enough. Had You been spending hours on the troll box and probably got banned a couple of hours because you wanted to talk about the dump and hump, isn't it? Ok, I'll show you how to stop your GUNBOT without losing money (or losing just a little part of it if you really want to...i don't!).

• Rule of thumb (and kinda obvious): take a note of target price to sell in your GUNBOT price updater. If you can't find it, scroll back to the last buy order: there is the last price, the target buy price and the target sell price (picture below):
  
  
  
  
  
  
• now go to your poloniex dashboard and place a sell order of all your coins at the selling price that GUNBOT gave you
• stop your GUNBOT
• start your GUNBOT again or, as an alternative, let it go if you don't want to trade on that pair anymore.

           When do you need to do this? Only when you see your coin falling down and then stabilizes on a lower price for a while AND you have an open buy order at poloniex book: it will eventually recover later but you would loose a lot of trades at the new lower level. Some dumbs would sell at market price: I do not suggest it unless all devs of your coin just announced an exit scam 

           Q.: Help! I accidentally closed my GUNBOT while a buy order was on the book!
           A.: Go at your poloniex dashboard and look at your trades: multiply the buy price per 1,25% (or whatever Margin to sell you put in the configurator +0.25% as poloniex fee). That's the selling price. Place a manual order to sell all your coins at that price. Start GUNBOT again.

           Q.: I have a sell order on the book, how to stop GUNBOT?
           A.: Just shut down your GUNBOT, no further actions needed: poloniex will continue to keep your sell order until fulfilled and then it's over on that pair.

~Gun

            Ok, this is probably the most waited topic of this thread so I'm going to be straight: when a dump starts there is nothing you can do. It will continue until the last penny has been sold. I will give you 2 weapons to fight the dumpers: a psychological one and a technical one.

• Understand that trading is possible only because the price goes down and then it goes up. If it goes only up or only down, you can't trade. None would. So, take the bears as a part of the scenario. Accept it. Like it. As the price goes down, you know it will go up again, over and over. Oh wait....your GUNBOT bought when the price was up? Ok then, here to you the solution:
• The Bollinger Band: Poloniex was smart enough, they gave us another indicator to trade with crypto. What is the Bollinger Band exactly? It is an indicator of the volatility of the coin, related to the quantity of trades volume in a given instant. Open your Poloniex graphic and enable Bollinger lines, you will see something like this:
  
  
  
  
             The larger the Bollinger Band is the more volatility on the market. As the Bollinger Band tights, there is less volatility. Said that, how to use the Bollinger Band? Well: it is a technical support to your weak morale because of a dump. Look the next picture:
  
  
  
  
             The Bollinger Band is used to identify the entry point to buy and to sell in a certain strategy. Whenever the candlesticks cross over the Bollinger Band, there is a change of the trend. If you look at yellow arrows I drew, after any yellow arrow, there is a bullish trend. Now look at the next picture:
  
  
  
  
             After any azure arrow, there is a bearish trend. The right moment for a change of the trend is when the candlesticks exit and THEN enter back inside the band. Sometimes they get very close to the band and the trend changes without crossing borders. Use the Bollinger Band to be aware of what is going on: it is a dump, yes, but you know exactly when it will stop and you know exactly when the bear will turn into a bull. Stay calm...take a deep breath....and don't stop the GUNBOT 
            So, do you like it? Did you ever see this? If yes: did you ever use the Bollinger Band as a tool to be aware you are not losing all your money and you don't have to stop your bot but it is just the wonderful world of trading going on? Well, now you know it...if you need more help on this, just shoot me a PM and please again...don't stop your GUNBOT, let it do its job for you...I didn't code emotions in it... 
  
  ~Gun

            There are some technical errors you must avoid to not loose money. They are related to the use of GUNBOT. The GUNBOT gives you the freedom to change options but you must know what you are doing:

• We already said it: dont trade an unreliable coin or a coin that is surging/dying. As a start, select one or two of the most traded coins (ETH, ETC, XMR) and start to make a profit with them. You have time to expand your market and to invest more BTC later, when you learned what you are doing.
• Dont set a Margin to buy or Margin to sell too low or too high: if you set Margin to buy or Margin to sell too low or too high, you will trade at loss because the fees or because the next price variation will eat your balance or you will have to wait 2 years before to see a trade (if ever).
• Do not set a security margin too close to the coin daily variation, it will eat your money: I understand you probably are not happy to lose more than 10% of what you invested but, if the coin you want to trade got a 24 hour variation of 11%, it will sell all your coins at price to sell < price you bought, causing you a loss. Personally, i set stop limit to 60% because I watch the markets and if anything goes wrong I trade manually. Start with 60% of security margin you too, as I'm sure you will stay 24/7 with your eyes on your screen watching your GUNBOT at beginning  : when you are confident enough and made some profit, you can start to play with security margin if you want. AGAIN: if you go to sleep with your security margin to 10%, it may happen overnight that you sell at loss.
• Do not set Max latest prices too low: 100 price variations are good. You have to give your GUNBOT enough data to analyze to decide if we are bullish/bearish or static. The algo GUNBOT uses is a mix of trend and EMA for some decisions it makes to pre-sell or pre-buy: if you put this value too low it will confuse GUNBOT and you will probably loose some trades.
• About EMA1, EMA2 and candlesticks: this strategy has its standard which is 15 minutes of candlesticks period. Playing with EMA over a period below or above 15 minutes candlesticks makes no sense. Try it yourself on poloniex: set EMA1 to 20 and EMA2 to 10 (BEWARE ON POLONIEX NOT ON GUNBOT!!!!) and then set candlesticks at 15 minutes. Look at EMA1 and EMA2 changing as you change candlesticks. Please on GUNBOT use candlesticks of 15 minutes and play with EMA1 and EMA2: if you rush to profit set them to 2-4 hours. If you are more relaxed put them to 4-8 hours. If you are my grandpa, set them to 6-12 hours and go to sleep: you will make profit anyway 
• NEVER EVER STOP YOUR GUNBOT WITHOUT A GOOD AND CONTROLLED REASON: ok sorry, caps intended. The most common error I have seen with people using bots is to stop them just because they can. This is not the case of GUNBOT. There are 2 cases only you are allowed to put your hands on your running GUNBOT, and both are controlled (it means you know what you are doing).
  • 1st case: it happens sometimes that a buy order is not completely fulfilled. The GUNBOT will wait. Soon as the partial order can fulfill, Poloniex will do it. Sometimes tho, the price changes with a partial order on the book. You have 2 possibilities: wait...and wait....and wait....or cancel your partial order on POLONIEX and let GUNBOT go ahead with the partial amount of coin. In this case, DO NOT TOUCH your GUNBOT and cancel the partial buy order on POLO. The GUNBOT will follow your order and will continue with its job. This is not a GUNBOT limit nor a Poloniex limit: this is just related to the coin availability at a certain price and a defined time (your order). I won't allow partial orders to be fulfilled with a different price like other bots do: it is too high risk to loose money. Just cancel your buy order if you see it stuck for hours on partial fulfillment. Maybe in a future release I will implement a saving order book locally but in my opinion, it is useless to persist with a trade at the risk of losing other 10 possible trades.
  • The second case you are allowed to put your hands on your running GUNBOT is part of the "dumps" and "dumbs" section so, we will talk about it later.
  
  ~Gun