Topic: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic] - page 103. (Read 416703 times)

Thanks for the reply. I'm happy to hear that you're working on features that would bypass these minimum buy/sale conditions under certain circumstances, but am I out of line to suggest a feature that would allow users to completely ignore the minimum buy/sale figures and force the bot to send signals based only on the indicators?

I've been frustrated the past few days because the market is moving so fast, so each time I have a sale I get stuck and left behind the market. This has required me to check on the bot's progress constantly, because each time the market moves and the bot becomes "stuck", I'm losing out on potential earnings. It seems that if I could just turn off the minimum buy/sale figures, I might take a few losses here and there, but I would keep up with the market with no troubles and sleep much easier at night 

LOL ur completely blind to what others are saying and your statement is part of the answer yes its a % of the trade amount therefor smaller trade amount is smaller Fee amount requiring smaller movement in the market before a trade is made, WTF so smart but yet so blind...

Lol Enki74 and crazyearner, you both are hopeless.
Smaller trades do not have a smaller fee, because the fees is a percentage.

You better be trolling!

Right on! that guy is a math bully!

You are like the school kid bully! You can not even hear the questions and statements being made here.  smaller trades have a SMALLER fee. If one is wanting more trades less movement required that is simple and you can not even cop to it so live in your fantasy number world where u know all!

@kireinaha:
The target buy and sell price are dynamic prices. They will be adjusted according to the last buy or sell prices. To calculate them, just read last buy price and add the raise to it and you get the target sell price. The same applies the other way around, read the last sell price minus the wanted drop and you get the target buy price.

The shown target buy and sell prices are just minimums. The real momentum is generated by the indicator. So the indicator will even push the real selling price up and it will push the buying price down.

So in conclusion there is a lot of overhead on the target and buy prices. They are really just minimums.

I am working on features that will allow the simple trade bot to accept losses under special conditions. Like for situations the target buy price or target sell price is never found. But i want to make sure the losses are limited and that is my challenge right now.

@miaoux:
the software will only work with the coins you give it to work with. So if you have set 10 coins, it will only try to trade 10 coins.

@nowywbitcoinowymswiecie:
The software will change coin position as soon as an trade has been accepted and confirmed by the exchange. 

Isnt it suppose to switch currency position after transaction has been made thus blocking 10+10+10 selling/buying concurrent transactions?

If not its a wrong behaviour in my opinion too.

Is there any way to limit trades to only the amounts specified in the "Trade Amount" box?

I've noticed that if I only want to trade with 10Btc (say), if I have a total of 30 in my wallet, and the Drop-loss level is hit, it's possible that all 30 would be sold in 10 + 10 + 10 increments (presumably assuming there are 3 ticks all below my drop loss?  Is that how it works?)

Is the mechanism to create another wallet and put all the coins I don't want traded into there?

Regarding the "out of scope" issue, I wonder, does the target buy price ever move in accordance with the market? Or is it completely based off the minimal drop/raise values?

Over the past few days, the BTC market has been going up at a frantic pace, so if you sold BTC at $200 USD and it never dropped down to that value again, it would mean (without any manual intervention), the bot would simply stop all trades until the market reached 200 again (which could be a long time)?

It seems like you'd lose out on a lot of profitable trades in the meantime, to potentially save yourself $1 on one single poor trade. Is there anyway around getting stuck like this, or is manual intervention required to force the bot to take a loss and carry on?

Correct, that's the out of scope issue.

If there's a huge jump in price (like we've seen today) without you buying does the target buy price halt any progress until the price drops back again?

@crazyearner:
You can setup any trading strategy you want, long term and short term, fast responding and slow responding. This is in your full control when you setup a trade bot and its indicators. So if you would like to trade aggressive then that is possible, yes. But there is indeed a limit of 20seconds polling. And i have not created that limit because i like 20seconds, but i have made it 20seconds because the API does not allow trade command a specific period. So want i am saying here is that that API does not allow you to send a trade for each second for example. If you still try to do this, the exchange will ban your IP. Just read the API and not only the polling part.

You need to understand that this software will provide you with the abilities to trade automatically, it will also provide you with a set of tools to setup your own trading strategy. You are even able to test your strategy and see it it works. This means you have the control over what the software does. And by this each and every user has his own control over how many trades it can or is allowed to make.

If somebody would trade each 20seconds, thats possible. If somebody would trade each hour, then that is possible too. Again, this is simply depending on the setting you give the software.

During development i am always looking for ways to get a better response, a better momentum and ways to generate more/higher profits. To test this i am running a lot of tests. One of those tests is getting a currency time period and test all possible combinations of indicators to see which can make the most out of it. For what i have seen in those results are pure random, there is no golden combination. But i can tell you that if you would trade on short term then the costs of the fee (or fax) of the exchange are the bottleneck.

Lol, why do you care so much about trade volume? It's not the amount of trades that matter but the quality of them. Also I see you talking a lot without posting any concrete examples, what's the use of your posts then?

I personally don't like those micro bots and Tx fee's will kill you. I'd much rather ride big waves.

Well Sean, bots could technically create trading, but it would have to be a hella complicated one to push the market in the direction the bot wants.

Kids argument, am far from a kid. Making assumptions that I am some punk teenager wrong am in my late 20s so get your assumptions right. Did I ever say I believe bots can some how make trades nope. Stop putting words into other peoples mouths and making assumptions because their wrong.

I know what bots do, and I am fully aware of how a bot works, and what it does, and how it does it. You can assumptions you want don't bother me one little bit. I could continue and go on all night about bots. However I don't have the time to waste when theirs more important things to do than talk to you. Maybe I should start making a bot and post it here. Then again I dont have the time it takes to put into coding when I am already coding my own website back office and setting a business up.

Miaoux I was referring to having more trading options and more aggressive ways of trading. When I was saying x amount of trades per min. Their would have to be enough trades going on to trade. So far from what my friend has shown me the bot has made only 2 trades within an hour with the settings he had it set. With that time window their should of at least been 10 to 15 trades happen for the bot to buy and sell on BTC/USD on btc-e at the time when he was showing me their was more than enough trades from people going on for your bot to also trade at that time too.

In the other post on here someone explaining making 15 trades that is very little for a bot. Am thinking it maybe something to do with sending and receiving data for the bot to look at and make its move from what a user has had their settings at. For the update window I think that 20sec is a little too long if theirs a lot happening with trading then a lot can happen in 20sec and the bot can miss out. maybe have it from 1 sec to 5 5 10 15 etc and above or having implemented a live feature s its live all the time. If the bot is looking every 20sec sending trades or updating every 20 sec this time frame is too big.

miaoux, his assertion is a common one among kids that believe bots can somehow create trading.  Even the busiest exchanges can go hours without enough movement to create a profit margin for a single trade.  It is a similar argument to "many small trades cost less in fees then one large trade of equal value".

They will argue their point independent of any reason, and it is simply not worth the forums time and bother to try to point out the basic mechanics of trading to them.

As I understand it, the btc-e API only allows you to poll once a second max.

If you show what you mean by '20 trades a minute' with a section of a graphed image, then it'd make your requirement a little more clear I suspect...

market will yes and depending on how much you have set it like 0.2% above or below then yes it will trade. Also depends on amount of trades happening. for a bot to only trade 15 times that's a loss sorry but theirs others  and ones am currently using making hundreds of trades per day with settings used on it. This bot needs more updates from the looks of it.  the one that got spammed everywhere that you do indeed have to pay for works amazing well at times and sometimes no trades no matter what you chance on it. I have been in online earning for 12 years and good for you doing it for 30 odd years. Not been a broker myself but trading I do a lot of. I know enough to back up what am saying so can argue about this all day long. So long as theirs people trading and you set amounts and so it will trade but the fact of this bot and seeing only 15 trades by someone is totally off.

In fact it is 100% true.

I have made my living for over 30 years as a broker and a trader.

The market drives trading, not a bot.

Sorry but that is not 100% true I know of bots providing you set them up correctly you can trade as much as you set them to depending on what settings you have put in and % rates you have based it on.

The market, not the bot, determines "how many trades" in a given time period.

No bot will be able to make more profitable trades then a human would in any given time period.

All a bot can do is help you automate an already successful strategy.