Looking to the responses, it beginning to look like i do have a secret.
If you have tested a bunch of strategies and you are still unable to make some nice profits you should look at the setting you did not change. I know this sound stupid you have maybe tested them all, but i sure there is one you did not change. It the same setting all the users share if they report low profits amounts.
The answer/secret is the update timer.
At each advice i give i always recommend a update time of at least 60seconds. Why? Well at 20seconds the response would be to fast for most of the indicators. The effect is that trades will take place to soon. (aka almost no profit)
When you use at least 60seconds the ups and downs of a currency will become more clear. The indicators will benefit from this because it detect bigger changes and this way the outcome can be calculated better too. The bigger ups and downs will also result in much more profit.
I love the way krach explained this:
The advantage of the bot is not speed, it is the lack of emotion and the lack of a crystal ball, trollbox, twitter or other influences. It only reacts to facts and that is it.
He is totally right about this.
However. If you want to trade at 20seconds, it is possible to do with the high/low and the price change indicator. Both do not need time to calculate a respond signal.
BTW At the coming big update of January 2014 i can disclose the 20seconds will be gone!
@Soak:
http://www.haasonline.com/trading-strategies/ Many thanks by explanation but many of my trials are in long term strategies, usually 3 and 5 minutes update
I will disclose the better parameters i found until now but WARNING: this behaves very badly in event of crash
Trading BTC update timer 5 minutes, disable minimum raise/drop
- macd-ma 26,48,22
- ROC (12, -0,050,0,050)
- price chage ( -10, 4 )
What i want really is to program a long term indicator ( like PPO ) to give general trend ( up or down ) and use RSI or stochastic short term indicator to "point" effective trade. With way of work for this bot is impossible because only “lucky” ppo lines crosses in exact moment of RSI trade.
I think will be a large improvement be able to configure some indicators ( ex ROC ) to work not on limit crossing but give a sign steady above and below limits. On MACD_MA and PPO the same - green zone or red zone: on limit i can became able to put a RSI indicator to do buys/sales on green part of PPO.
I think many of this issue and other suggestions given on this thread can be solved with possibility to add user defined functions.
Merry Christmas to all