Topic: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic] - page 91. (Read 416703 times)

it takes a while to find the right settings but you can do it. Use the benchmark and or really small ammounts to test your algo settings.

So reset everything and put your Coins position to Sold.

I'm having a hard time actually making any money though

Bot thinks there are open orders so wont buy

There are of course no open orders.

Curious also since BTC has doubled since the price drop last week.

i wish to purchase please is price updated?

@alexuk:
1) The settings are saved automaticly when you shut down the software.

2) Historical data is coming up, i am working on reading a API which provide the data and of couse the will become availible in the benchmark.

3) This program has been build using WinForms, but i am working on the feezing issue. It will be solved when i am done with the new (final) interface.

4) The minimum drop and raise are locked and they do show the marketmovement required to overcome the fee costs. I have locked those fields becuase a lot of people did not understand them. You can bypass this safety using the advanced settings or you could expand this functionality with a price change indicator. That specififc indicator will do the same as the minimum raise and drop did before.

@kalross:
Thats a very good suggestion, i will give it a try. Thanks!

@miaoux:
If you would contact me per PM and explain exactly what you want then i could have a look and maybe speed up the process. I have some good contacts over there, most of them because of the trade bot. But you might get the picture here.

@Mevius:
I am not sure what you are trying to say with the screenshot and the question about updates.

@BTC Vinny:
Thanks for your positive comment.

These are some basic strategies: (i am not sure if i posted them before)
---------------------

Simple & fast strategy
- Set the time interval to something like 1, 2 or 5 minutes
- Last buy and sell at 0
- Drop-loss price at 95% of the current price
- Add one RSI indicator at default settings.
- Setup your trade amount and coin position and press activate.

or

Simple & changing* strategy
- Set the time interval to something like 1, 2 or 5 minutes
- Last buy and sell at 0
- Drop-loss price at 95% of the current price
- Add one price change indicator and setup this indicator according to the currency price changes.*
- Setup your trade amount and coin position and press activate.

* ) You can adjust the buy at and sell at amount to a raising or dropping currency (think! )

or

Long term trading
- Set the time interval to something like 2, 5 or 10 minutes
- Last buy and sell at 0
- Drop-loss price at 95% of the current price
- Open the advanced settings, disable the fee-overcome safety (warning this could give some unprofitable trades, that is normal it will compensate in time)
- Open the advanced settings, set the drop-loss-price adjustment to 5x your interval time and adjust to something like 97% oft he current buy price.
- Add one MACD or MACD-MA indicator at default settings.
- Setup your trade amount and coin position and press activate.

or

Long term & little more risk
- Set the time interval to something like 2, 5 or 10 minutes
- Last buy and sell at 0
- Drop-loss price at 95% of the current price
- Open the advanced settings, disable the fee-overcome safety (warning this could give some unprofitable trades, that is normal it will compensate in time)
- Add one MACD or MACD-MA indicator at default settings.
- Setup your trade amount and coin position and press activate.

or

...

There are to much combinations possible to list. These are just some basic strategies. But you can combine indicators to, like a RSI with a RSI, like a RSI with a MACD or MACD-MA or like a ROC and RSI or like .....

After a week of trading with the bot, I've made some good profits.  The bot has already paid for itself.  However, after playing with the indicators a few days ago, I seem to be trading less, and less profitably.

First question I have is do the indicators you select affect the Bot's behavior?

If so, can someone advise what indicators to use together for each of an aggressive, moderate and conservative trading approach?

The reason I ask is several times now, the Bot has bought and the price has climbed very nicely.  But when the price comes down, the Bot doesn't sell, and eventually it goes below my buy price.  Sometimes this happens over an 8-18 hour stretch.

I got same message at first use, need to configure **both** bots even if plan to use only one

Any updates Stephan?

All of the sudden when I activate real trading I get a message in the debug log that says "Object reference not set to an instance of an object" is this something I am doing wrong?

@Stephan224
I meant BTC-E directly.  You've spoken to them regarding the API and restrictions... I was hoping indirectly you could ask their support staff to answer the tickets I've left for them on https://hdbtce.kayako.com/

It's not your job, and you have no link with them, but I was hoping they'd pay more attention to you than me

Maybe it doesn't work...But can you not smooth out temporary drops for the drop loss (like an interval on other indicators)?

@Stephan224

Any comments on my posts on page 33? 

@Stephan: Bot will retry open orders?

Sugestion: Special configuration for bot to use it only for drop loss for current BTC value in wallet:
*Rolling drop-loss value ( calculate it every minute and not every 300 seconds )  and optionally configurable time confirm drop loss situation ( until 2 minutes )
*safeguard: if in drop-loss mode sell order became an open order after in 1-2 minute clear it and retry again at current price level
Regards

I have seen this happen too, but if you look at the mathmatic/logic used there is no way to find out is this is a temponary drop or not. The software only sees the drop and reacts on it.

If you have a good suggestion i am of course happy to have a look it i can make it.

Stephan:

Look forward to the new interface.

Regarding drop loss...I have seen a market today where somebody makes an artificially low value trade (on a flat lining market) which can trick drop loss into activating.  Then the currency rises.  It's quite difficult at the moment to buy back in quickly and that is the issue I've been having and each time it happened I made a loss much larger than any profit.  Maybe it is my settings...but I've benchmarked with many different ones and the only thing that just avoided it was to set to 85%-88% which is generally too low for safe and normal trading for me.

Maybe if the drop trigger was smoothed...it would avoid these problems?

I'm just reporting my observations really....maybe there is a better setting I could use...but I'm not sure.

K

@miaoux:
I and a partner of mine are the support staff. And we have seen your messages of course, but the API of BTCe is working normally. What do you want us to do for you? If you enter the API credentials correctly and if you set the rights properly it just should work.

@kalross:
The feezing issues will be solved, i am working on a new project with support multi-threading and trading. In time i will again update all the simple bot users to this new interface. So improvement is coming, but it will take me at least a month to be ready for realease.

@mevius:
If you set your drop-loss price to 97% and the buy prices begint to drop 2% the drop-loss will kick in. This is as designed. The recommandation of 98% or 95% is just a number. You need to look how much the currency is changing to ensure the 98% will not be hit, unless there is a coin value crash.

@baros008:
No all the exchanges are giving back an ordernumber when you place an order. If you see errorcode -1 something is wrong for sure, but at 0 i am not really sure. The best recommandation i can give you is just to lower the trade-amount a bit. It helpend me in the past a lot of times.

Not all orders sent to Bitstamp by bot are really executed/accepted by exchange.

Bot wants to execute Buy/Sell, but I can't see it in Open Orders and in Debug log is written:

(amount) coins sold for a price of (x) and bought before for (x) making total profit of (y)
Order accepted, received id: 0
Trying to sell the coins...

When id is 0 no order is received by exchange, sell and buy prices in this example are same.

Haven't tried it yet.  Intend to, to avoid the fees 

Makes you wonder if they're prioritizing IPs or maybe its just overloaded when China is awake...must be a hell of a lot of users on there.