Topic: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic] - page 117. (Read 416703 times)

I think what he is trying to say is to make the minimum drop and profit values work in percentage. This way the bot calculates the currency minimum drop and profit values automatically for different currency pairings using the same percentage set.

Can you please explain your request a little more? I do not really get what you are trying to explain here.

Feature request: option to enter target profit and minimum drop values as ratios of trade minimum. I would like to be "all in" without having to manually scale my expectations.

thank you Mogumodz,

now even I understand it - and it works

Thanks for answering Mogumodz!

The procedure you describe is correct, that is how it works. The error message is just to notify you that you do not earn enough to cover the exchange costs.

Remember the profit you enter is a minimum amount before a trade is allowed by the bot, the trade bot itself will time the momentum. So in conclusion you will be making more then you set at the profit level.

Very basic how to if anyone needed help.

1. Set Profit to 0
2. Set desired trade amount. (Change Current position to Bought or Sold accordingly).
3. Enable the RSI bot.
4. As soon as you see the Warning message regarding profit, disable the bot immediately.

What you see in the warning message is the minimum amount of profit for your desired trade amount.
You can then take this number, round it and times it depending on market movement.

so has anyone been profitable with this bot?

The problem I am having after getting the bot going it the RSI going to 0.0, & the bot stops doing anything.  Can you advise what would cause this?

Hello Stephan,

Hopefully I´m not bothering you with stupid questions,
i´m pretty new to all this. I bouhgt your bot a few days ago and went down your help-site and stuck at this point:

"...Now lets go first to the profit safety. This safety must be enabled of course. Set the value of the profit safety to 0. Now activate a RSI bot for a brief moment until the log shows a error. If the error is shown de-activate the RSI bot to prevent unwanted sales. The error in the log will show you a minimum profit value. ..."

I´m not getting the Error with the profit value. Probably i´m doing something wrong. What could it be?
I tried it on BTC-e and Bitstamp too. Same on both. When I start the Program the safetys are filled automaticly with some equal values, that´s normal, right?

thx in advance
Greg

The RSI "reversing" issue seems to have been fixed, have not seen this behavior since the update.  What I am seeing it the RSI dropping to 0 after running a while, and staying there.  I have to restart the bot to get it back.  Anybody else seeing this?

I have made a update and as usual i have send everybody a email with instructions.

This are the changes of version 0.8.6.1 beta:
- Exchanges Nmc/Usd and Nvc/Usd are added to BTC-e.
- Italian have been added to the languages.
- Improvement: More detailed error messages.
- Bugfix: A RSI calculation issue has been solved.
- Some minor improvements are implemented.

I hope this solves all recent issues.

That is great news Stephan.  I am so glad that you were able to reproduce it; I was racking my brain how to show you what I was seeing.

Wow, just my luck to load it up as an unfamiliar user under conditions that caused it to behave the way it did.  I again apologize for my frustration.  Once I was able to track down _why_ the software did not work (the RSI engine was reversing), I got suspicious.  Your quick support and solutions have eased my mind, and I look forward to seeing this thing work the way it was designed to.

Even tho the software to date has been mal-functioning for me, I can so far attest to the safety features in the software.  They stopped the bot from making losing trades even tho it tried all week to do so.

Sean

I have to admit i have seen the same happening during my reproduction here. So you are right, the RSI value gives a wrong result. But the result is not always wrong, the result seems to be wrong in some rare cases. It all comes down to the method i use to calculate the RSI value. If a currency is stable for at least 30 intervals and a change is happening then this bug becomes visible. The same happens when a currency is only dropping or raising, then the RSI value did not respond as expected.

The reason why i did not see this bug, and i guess the alpha testers too, is because it is only visible in some situations. It is not visible all the time. The earnings i made last monday and tuesday prove it, because i used the calculation method of the simple trade bot.

But i have some good news too, because i know where the problem is located i have solved it too already. At this moment i am doing my tests to confirm everything still works as expected and once i am done (in a few hours or so) then i will send a mail around to all the users to download the update. I will skip the alpha test cycle because the change i made was not related to trading itself.

There is no danger for the current users, the software will not make losses now, the safeties will ensure it. The update of tonight will only solve an RSI calculation issue.

Thank you for bringing this to my attention!

Edit:
That few hours will be a bit longer then i thought. But i will be back, i just want to make sure each exchange works and i am reviewing the RSI calculations. Sorry for the delay.

Yes Stephen, of course I will give you time to find/correct the issue.  I apologize for coming off cranky, it is the result of spending the better part of 72hrs trying to make something work with no success.

I have turned it off now, and await a solution.

Hi Sean,

If you would be so kind to give me some time then i can give you the service and support you require. I need to reproduce the bug and i need to confirm you are right. If you are right i will solve the issue and send a update around. But please, give me some time to do so. And please do not make bold statements like the software does not work, because you and i both know this is not true. You even have confirmed the safeties are operational and i am sure that the high/low and the trade ratio bot are both still working as expected. In the worst-case the users will not lose coins because of this software.

I really do not understand why you complain and why you complain is this way. The software you have got works as expected, like i stated it have been tested by others (who i do not know in person) to confirm it too. If there is a bug, like in your case, i will assist you within 24-hours and if needed i will look deeper and solve the issue. This is the service i promised and this is the service you will be getting.

So please stop your complains, give me some time and everything will be alright. I have already proven this a lot of times before.

Stephan

I am not sure how to upload images here, or I would post a screen capture I just made.  It shows the red candles on BTC-e as the market is going down, and the RSI indicators in the bot rising.

Since my last posts I have un-installed the bot, deleted all files I could find & re-installed.  Same behavior.  I then installed a 2nd copy of the bot on another machine and gave it another account.  I now have 2 machines running the bot, one on BTC/USD, and a 2nd on BTC/LTC.

Both bots have run all day on suggested settings with identical behavior.  When the RSI on the bots is rising, I can be assured 100% that I will look at the market and it is declining.  RSI on the bots falling, corresponds 100% with a rising market.

100% of the time both bots will buy as high as the market will let them, then try for hours on end to sell low.  This behavior is completely understandable given the RSI signal is reversed.

Now, after 3 days of constant testing (very little sleep) I am quite confident when I report that this software is broken and does not work.  This is particularly troublesome because there are reports on here of people using the software & making money with it.  Not the software I got they are not!

Finally, I understand that this is beta-ware Stephan, but I paid you $75 for this because it was advertised as tested and working.  What I bought is badly broken, and all I have gotten so far for my money is spending 3 days & nights of frustration trying to trouble-shoot your software for you.

I hope you can make this right.

Sean

Lol, i believe you are not crazy. And i am only try to help you. In 10 hours or so i will so a simple test where i will compare the RSI values of your version to mine here, if there is a bug it must become visible, and if so i will fix it directly.

I am using v0.8.6.0.  Is there a later version?

As I write this the bot is running on the other screen.  No joke, I am watching real-time as the RSI indicators go up when then should go down, and down when they should go up.

Maybe I should make a video for you so you can see I am not crazy?

Which version are you using?
I could start your version (i have all versions here) and the latest version to see it there is a difference. (i will go to bed soon, so i will do this tomorrow)

But in advance... the graphs that i have posted are screenshots taken from the simple trade bot (modified to one image) of the coming update. So you can really reproduce anything that i have said. But you can do this by the end of September.

There will be no changes made to the existing calculations, they should be exactly the same.

It is possible that I am dense or insane.  Because what you say makes perfect sense, and it is why I purchased the bot; but it is not what I am witnessing happen with my own eyes.  Let me break a few things down:

RSI.  Thank you for the very good description of how it works, but I am actually very familiar with RSI & have used it in trading (manually) for years.  So I know how it is _supposed_ to work.

____________snip________________
"The RSI stand for Relative Strength Index and it means it gives you a indication to where the currency is going. If the currency is going up then the indicator should go up too. When the currency is dropping the indicator will do down."
____________snip________________

Exactly.  I know.  And you know (because I am quoting you above).  But I have been sitting in front of my screen now for two days watching the bot work... and that is _not_ what the bot is doing.  For the RSI-30 and RSI-60 boxes, when the price goes up the indicator number goes _down_.  Really.  Seriously.  Without fail.  When the price goes down the number goes _up_.  Seriously!  Without fail!  It is just like I accidentally installed something upside-down in this machine.

The machine then acts the way it is supposed to based on the numbers, except in reverse.  I know other people are using this, so yes, it sounds crazy to me too, that is why I have studied it so hard for 2 days before coming to you.

_____________snip_____________
"Your exact problem are your last buy and sell prices and possibly your drop** and profit**. Looking at your entice description i think the sell level is never found. The solution is to lower the last buy or sell prices or to set them to 0."
_____________snip_____________

I _do_ keep resetting buy & sell to 0 to take that out of the equation, and my drop** & profit** are per spec (check the settings I posted).

Stephan, this is all coming back to one thing.  I understand what the bot is _supposed_ to do.  I understand RSI very well.  The problem I am having is the RSI-30 & RSI-60 boxes.  Those numbers are rising when they should fall, and falling when they should rise and it is truly causing the bot to work upside-down.

Is it possible I am using a version with a bug in it?