Topic: 🔥🔥🔥🔥🔥[GUNBOT] Automatic Poloniex Profit Generator🔥🔥🔥🔥🔥 - page 77. (Read 507964 times)

Hey guys, I've read quite a bit about the bot, and it seems that it does somewhat pretty close to what I (as a human trader) normally do, especially in salvaging losses by buying lower and selling equally on the spikes. I would like to try it and get it from any of you with referral codes, but I'd like a reseller who is active in answering queries and even though this is a bot, I would like them to be successful manual crypto daytrader themselves (so that they can explain to me the underpinning logic of how their settings on the bot gives a true edge).

Awesome, thanks for the fast reaction !!!

Does anyone have an indication of the bandwidth requirements for running Gunbot on a home network?

Bot can run even on Pi.
Cheap VPS/VDS suitable.

Hey there,

Maybe its a dumb question but what are the hardware requirements to run the bot? and does the bot runs always when the computer its on right?

thanks!

if it works on bitfinex, i will buy it now

For starters, new trader here with none experience for botting or running VPS etc related. Contacted Gunthar, paid the bot and after 2 private messages im having bot running my first pair with VPS. Thanks to Gunthar for clear instructions. Started now with just default settings (gotta get some experience and knowledge before changing all parameters randomly). Actually at first I thought it would be like god level super coder 24/7 nose on screen -type of installation. Lets hope trading starts well too. 5/5 service.

Specify the question.
This is a bot for trading on stock exchanges Poloniex, Bittrex, Kraken, Cryptopia.

Is it betting on money makers? Sorry, still couldn't understand the logic behind those trades.

Before buying I got a question regarding the profit calculation. It seems to me that most of the bots calculate this wrong. Lets say you want to buy 1000 xrp, the highest buy order is 0.1219, you set the buy order at 0.1220 and manage to buy 250 xrp then the price rises and you buy another 300 at 0.1224 it then rises again and you buy another 150 at 0.1229 and another 300 at 0.1231.

Now the weighted average is 0.122585 ((250×0.1220+300×0.1224+150×0.1229+300×0.1231) / (250+300+150+300) = 0.122585) of the buy orders. However I assume that GUNBOT will sell once it sees that it bought something. Lets say the first 2 orders ( the 250 and 300) get sold at 0.1314 and the other 2 (150 and 300) get sold at 0.1311.

Can you tell me what GUNBOT does to calculate these profits? I assume it will use the history api for this to check if it bought and sold?

Send a PM to Gunthar by clicking this link: https://bitcointalk.org/index.php?action=pm;sa=send;u=817682. Tell him that you want to use a reseller code, such as mine "GrumpyKitty". That's it.

How do you buy this for 0.09?

Thanks in advance!

No. You should buy another licence for Bittrex, as licences are exchange specific. Additionally/alternatively you could sell your Poloniex licence to someone else while you're at it.

Hello,

I would like to switch from Poloniex to Bittrex , my question is that : -

- Does GUNBOT work in this situation or should re-issue the license so it works with Bittrex?

thanks

I'm running almost exclusively BB trading setups and my understanding is that the Bollinger Band percentage is how far away from the band the coin can be before it triggers.  However... the BB is just the first part, it must pass that part first and then it checks your %Gain setting.  Again... it's my understanding that it has to trigger both for it to fire off a trade.  The coin must be within your percentage distance from the band, and it must be at or above your profit (%Gain) setting.

This is a great site to learn what Bollinger Bands are and how Gunbot uses them.
https://gunthy.org/index.php?topic=193.0

**edit**  In my response I couldn't see your screen capture, but I believe the key is the "Gain Price to sell."  I'm not sure why it would have purchase 'at the peak' as is should have been below the moving average and close to the lower Bollinger Band, but it may have fired off on a sudden dip after a slow climb.  Looking at your screen grab you have a 'small' profit already, but the bot is waiting for your Gain%.  Hope that helps... I'm a newbie and just want to help where I can.
 

Can someone explain to me how to properly setup the BB limits, i get the lower BB is more so on how aggressive you want it to buy, but what does the upper BB have to do with all of this, from my understanding is the profit is set based on the gain %...

So what are the pro and cons on setting the Upper BB to lets say 30 vs 60%, how does this change the bot?

Also, is there a way to ignore a previous purchase your holding so it will start trading again?

Example, i setup my first pair BTC-NEO today, within 5 minutes it bought in and its been holding it the entire day.. i see no way to get out on this purchase anytime soon because it bought near the upper BB... so i would like to be able to ignore this trade and move on from here...

Hey gang, thought I would write a newbie review for anyone interested in taking a bite.  Hopefully this is a helpful add to the other reviews.

The Headline:
It's awesome and I'm having a blast!  (oh... and making a small profit)

About Me:
I'm definitely not a coder and only have limited skills creating .bat files or .js config files.  I can barely setup miners and it usually takes me about an hour, a step by step tutorial page, a few curse words, and lots of trial and error.  Also, I've been investing slowly in the stock market for 10-ish years and trading crypto slowly for about 6-months but I'm not a technical trader and have very little stat knowledge.  So to summarize; I've entered the world of bot-trading with very little skills.

Setup Experience:
I poked around the Gunthy (https://gunthy.org/index.php) forum before setting up my bot.  Gunthy is a very active developer and new versions are uploaded to Github frequently.  I decided to use v3.3.2 since it's very stable and has a (minimal) GUI to help setup trading pairs.  I purchased my license and through a Telegram discussion Gunthy activated my Poloniex license.  Since I obsessively cherish my BTC, and I was worried about something going dramatically wrong, I moved most my BTC to the lending account to keep them safe.  I loaded up Gunbot, and although it didn't really guide me much; I was able to figure out the GUI and setup my first pair.  Because I read this thread and the Gunthy forum, I understood what each field did, although I didn't really understand the math behind the scenes.  I kept just about everything at the default and only changed the maximum trade value since I was so new.

First Step into Bot-Life:
Okay, with a nervous click, my BTC_LTC pair went live.  As mentioned, I moved most of my BTC to a Poloniex lending account so only .05 BTC was available to trade.  I watched, and watched, and watched... and watched some more, and nothing happened.  I was expecting the bot to start trading 100's of times a day and make me my 1% per trade!!  I tweaked the settings slightly, read how it changed the buy/sell triggers, and continued to tweak some more.  Still no trades, so I got frustrated and went to Poloniex and made my own trade, at the trigger I thought the bot should have done.  The result... I ended up loosing on that trade.  A little frustrated and a little confused, I moved the settings back to what I started with and went to bed.

Beginning to Understand Bot-Life:
Waking up the next morning I ran to my machine to see what happened.  Would I have an empty account, would I be a 'lambo owner'?  Sure enough, over night my bot made a few trades and made me about 2%.  Oh... my... gosh.  This is one of the coolest things I've ever seen.  I opened up Gunbot and added pairs so 'I could witness the firepower of this fully armed and operational battle-bot!'  I launched all the pairs, for a total of 10; and sat back and watched.  There's a weird sense of wonder, joy, and anticipation watching the bot logging screen; I'm not ashamed to say I sat and watched the bot logging screen for almost an hour before I forced myself to do something productive around the house.

Living the Bot-Life:
I've been using Gunbot for a little over a week; using simple strategies, and about 90% of my trades have been at a profit.  I only have trades setup to coins I don't mind holding; such as BTC, LTC, ETH, DASH, etc.  The few loss trades are because the bot traded across a ping-pong and made profit but then the coin declined after a purchase and the bot hasn't sold yet.  So it's not really a loss because the bot hasn't sold them yet.  I've moved my coins out of lending and now I'm feeding my bot all my coins (remembering that I setup pairs only on coins I believe in.)

Final Thoughts:
Gunthy's Gunbot is awesome.  If you read his forum you'll see people making double digit profits but they're operating with dozens of pairs and against coins they don't really care about; as long as the coin has volatility they're setting up a pair.  They're watching the market closely and touching their bot several times a day.  I don't have the stamina or time for that, but even with my conservative setup I'm earning at least 1% a day on the pairs that are trading (not all pairs will trade every day.)  Beyond the profit though... there's a crazy sense of joy watching your bot work for you.  I think I'd pay for the bot just for this even if it didn't make a profit.  It's almost like watching your child walk for the first time (don't tell my wife I said this.)

Final final Thoughts:
Buy it now!  I've now purchased a second license for Bittrex; that's how much I love this.


Example of Trade History
8/21/17 23:36   XRP/BTC   Buy   0.00004826   125.03   0.00603394
8/21/17 23:36   XRP/BTC   Buy   0.00004826   82.18144073   0.00396607
8/22/17 0:11   XRP/BTC   Sell   0.0000503   157.4116377   0.0079178
8/22/17 0:11   XRP/BTC   Sell   0.00005039   49.4889859   0.00249374
8/22/17 1:58   XRP/BTC   Buy   0.0000481   415.8009158   0.02000002
8/22/17 3:53   XRP/BTC   Sell   0.00005129   415.1772144   0.02129443
8/22/17 5:07   XRP/BTC   Buy   0.000048   416.6671667   0.02000002
8/22/17 9:20   XRP/BTC   Sell   0.00004909   75.84397672   0.00372318
8/22/17 9:20   XRP/BTC   Sell   0.00004909   339.781522   0.01667987
8/22/17 18:47   XRP/BTC   Buy   0.0000563   150   0.008445
8/22/17 18:47   XRP/BTC   Buy   0.0000563   205.2402869   0.01155502
8/22/17 19:30   XRP/BTC   Sell   0.00005899   354.7074264   0.02092419

No. He made a mistake while setting the decimal. The price is: 0.1 BTC per exchange (i.e. 1 licence per exchange), or 0.09 BTC per exchange if you use a referral code such as mine ("GrumpyKitty").

New price?

The newly updated 4.0.4 version can be ordered for cryptopia....or any of the three other exchanges polo, trex or kraken for .01 each. Just let me know when ordering.