Topic: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic] - page 86. (Read 416703 times)

im sorry but i must disagree, i dont really care about USD what im trying to get more of is BTC

i foresee the value of USD declining in the future and the value of BTC increasing thus i want to acquire more btc , not dollars

Got to have money to make money

@ silverston
In the beginning you have no bitcoins and, let's say, $2000.- availlable. Then you buy BTC2.3 against a prize of $783.10 = a total of $1801.13. Left over $198.87. After a while you sel your BTC2.3 for the current prize of $787.10. You receive 2.3 times $787.10 = $1810.33.

So at the end of the first trade cycle you have null bitcoins and $1810.33 + $198.87 = $2009.20
In the second trade cycle you start with buying BTC2.3 aganst a prize of $794.99 and so on....

I must admit that you must start with enough dollars in stock. But you don't loose money or bitcoin!

I'm not sure that will be the profit. Bot considers profit depending on the Buy/Sell of 2.3 Bitcoins. But with each cycle the amount of BTC will decrease, respectively, the amount of profit too.

@silverston
At the end of your list I see a total earnings of $126. That's your profit! You can buy about BTC0,14 for that amount of USD at the current prize at the end of the buy-sell cycle.
You must switch your mind. The profit is in dollars and not direct in bitcoins.

Maybe Stephan can suggest something.  I can't reproduce the issue.

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Folks appear to moving from Cryptsy due to its refusal to deal with its load issues and moving to Bter.  API access to bter.com would be great.

Cheers.

K

Yea, LBuy and LSell is off. And Im tryed PCindicator too - same thing  
I've tried all the indicators tried bot without indicators - the same thing. I'm in perplexity

Odd.  That sounds like Reset Last Buy Sell after Sell Command is on, but you say it is not.

Have you tried adding a price change indicator. 

Yes, it is. But in practice it is impossible to sell 1BTC for 1000 and buy 1BTC for 1100, and then sell 1BTC for 1200. Each times the amount of Bitcoins will decrease. Profit there, but due to loss of Bitcoin. In my concept of profit - when sold for 1000, bought for 900, then again sold in 1100 and again bought for 1000. Or am I wrong?

Not sure of the question.  As I see it...all your sell prices are higher than previous buy price.  There are no unprofitable trades?

Hi all.
Is this good result? I dont understand, how bot can sell at lower price and buy back 2.3BTC at higher price...?
At Advanced settings only Drop-loss checkbox is On, others is Off for safety trading

Thanks Stephan.

It's a bit scary to allow a drop loss to be activated after 5 or more minutes for me.  Particularly after recent events.  The drop loss could be activated on a rising trend after a crash causing an unnecessary loss maybe.

I've benchmarked the 300s ctf files for LTC/USD you kindly provided without any success using the drop loss.  Could you suggest drop loss settings that take advantage of that crash?  Everything I've tried just sells at drop loss and does nothing after it resulting in significant loss.  Even buys and activates drop loss again on second dip....

I think it would make sense to be able to turn off drop loss influence over buy in advanced settings.  i.e. drop loss only has an influence if coin position is bought.  Thoughts people?

That might make sense with the price change indicator, but I thought last buy and sell is reset after sell...not after buy??  The bot missed a chance to sell and continue trading in LTC twice and has been idle for 24 hours now.  I would want it to buy again on a dip according to my indicators but recent crashes recover quickly and drop loss is still active preventing a buy.  So are we good to assume that price change indicator does not work with advanced setting to reset last buy sell price?

Is it not possible to create the ctf data from that already provided and used by the open and free charts?  For example...metatrader can pull a full currency history....

Also, still think it would be useful to be able to flip the coin start position on the benchmark.

Cheers.

K

A higher update for the trade-bot will do much better. A few messages ago i have posted some CTF files. I have made them on a 5minute interval, and there is a reason why i did this. It is because a larger interval will give you better output of the indicators. They look mathematically to a larger period.

On the short range you can trade too, however there will be a lot of changes in the prices, personally i do not like them.

About the price change indicator... the price change indicator uses your last buy and sell price to calculate the difference. I am not sure, but maybe you have set a advanced setting that resets these values. This could result in the problem you have.

I have tried many including those suggested in the software and on here.  Benchmarked them all. 

From 90% to 99.8% reset durations from 40s to 2400s.

Main difference is that I've not tried intervals more than 20sec as I cannot collect enough data to look at a benchmark without running for a long time and one window of data at higher interval  may not be enough to get a good idea of current market conditions in relation to indicators.  I look forward to the additions you remind us of above which will solve this and allow for deeper analysis of markets in relation to indicators.  :-)

Any idea why price change indicator is staying yellow once profit has been exceeded?

Thanks.

K

Awesome! I must have missed that post... good to hear  

Well i think you are wrong... lol. A few pages back i posted this:


BTW The charts are equal now, besides a minor difference; the exact polling moment<->prices.


What are your settings? It would help if you share the drop-loss settings and update interval you have set.

I've never been happy with the drop loss and sure there must be a better implementation based on rate of change or something else.  Maybe if the drop loss activated another set off indicators that could be better.  Every benchmark I've tried loses money, activates at bottom of drop etc...

+1

Hey all, been gone for a few weeks. Just checked back in with the latest version of the software and things are looking good.

Anyone have experience with the new, updated MACD-MA indicator? Does it act like the indicator on BitcoinWisdom?

I've found from experience that the market is too volatile to trade reliably at short intervals, so I'm trying to increase my timer to 15 minutes or higher. The drawback is, I need to wait several hours to build a baseline before I can activate the bot. But I guess the only way around this would be if we could utilize a backend server that proactively had all sorts of indicators and update timers available for access.

...I suspect that's not at the top end of the "to do" list.

hm, can I set it to % of my buying price, I can lose loads of money on that way.

BTW, my last buy on ltc was executed with help of RSI, MACD, MACD-MA and Stochastic all going green and i still haven't gone better than 2-4% losing position since then, lol. Some sucker decided to push it down with big walls since then