Topic: margin terminal - over 25 spot and futures exchanges! Bots and more - page 27. (Read 268835 times)

Following up to say that v1.1.1 has resolved the near-daily segfaults that I was experiencing with earlier versions. My current uptime is 8 days, with 6 pairs on Bittrex and 30+ on Binance (way over the suggested limit but I haven't been IP blocked yet), and a small handful of active MM and BB bots.

Thanks!

Hi Amaralluis,

The bot logic is sound.

Yes, in situations like what you depicted the bot would have made more profit if the lines where reversed.

However, if the market turned against you would be left holding bags. With the current configuration if the market turns against you after a buy, a sell will be triggered causing a loss but allowing for a later buy back and for the bot to continue. Of course, setting a Min effective gain will negate that so while there are only a few parameters, configuring them is not a trivial task. There is no silver bullet.

All the best,
Jonathan

Hi Dorian,

Thanks for jumping in.

Yes, the bot knows the direction of the short EMA. It is important to note is that when using immediate mode many crossings can occur within a single candle as it is being formed.

Best wishes,
Jonathan

And here what the BB bot with defaults would look like. (Its too bad I didnt think of starting one at the same time as the EMA bot).
The first buy would happen at the bottom of the left most candle (its off screen unfortunately).
It would make a first sale at around 0.000466 (about a 3% profit) and buy  next at around 0.000498.
It would be a quick sale at 0.000535 or about 8% profit.
New buy would happen at about 0.0005037 and would just be selling about selling again at 0.000522 or 3.50% profit.

So it looks like a BB bot would have performed alot better than an EMA bot. (both using default values).

I am going to restart margin demo with the same pair and the two bots running at the same time to see how well they perform more accurately.

Heres an update of my testing of the EMA BOT.
It finally got a sale with a nice profit of about 9.3%... not bad at all but I still think the lines should be reversed.
Had it sold when it crossed the blue line the profit would have been higher.

Using margin maker, it makes me more money then the other features.
My settings are usually with the three day chart, having the trading window in the middle of the chart, and a 1% min eff gain.
I may only get 4-5 trades a week but my profit is around 6-10% for the week, not bad.

And here what I suspected. The bot bought high.
As a note I started this bot at 9am june 1st.

Instead of buying at around 0.00045 it bought at 0.000459 which is about 1.8% higher. This could be the profit if the lines were reversed.
I hope Margin folks will explain this behavior because to me its not working.

That's because the EMA crossings signal a trend, i.e. a crossing from below has a high probability of signaling an uptrend market. In that case it makes more sense to wait until the trend reverses with enough confidence to then sell. The opposite is true when starting with a sell.

This bot is more tricky because of its multiple settings that can heavily alter its response (and on the other hand is its strength), but the reasoning is the same. And depending on the market it may not be ideal, you really have to try different settings until you find something ideal for your strategy. Unfortunately there's no bot on the market that can precisely catch the trends without fine-tuning by the operator, specially given the highly speculative nature of crypto markets these days.

Regarding your previous post, it's indeed strange, I suggest contacting Margin to see if they can clarify that behavior.

Im struggling to understand the logic for the buy/sell offsets.
Look at this screenshot, wouldnt it made sense that the buy line is the yellow line the blue line is the sell line?
It would made a buy at around 0.00045 on the 4th or 5th candle from the right and now would be on its way to make a sell.
Instead its on its way to make a buy??? I dont get the logic!

@dbolivar, the reason why it seems that the BUY happened without the blue line crossing the white line is because the blue line was updated since the buy took place so when the buy took place the blue did cross the white line.

Anyway heres an update picture:



Between the first buy and the second one I stopped the bot to remove the Minimum effective gain and then restarted it using the ANY option instead of starting it in sell mode.
But that is not important anyway for the second buy.

its true that I am using the default values for the bot to test it out but imo this bot is not good. The buy happened at the most horrible time to buy.
I would not trust this bot at all.

I have just started checking it out but the experience so far as not been good.

Tried to set up the immediate mode and use negative values for buy and sell offsets and the bot doesnt let me use them. On the graph they make more sense to me than with positive values so Im confused about that.

Since I've been playing with the EMA bot *a lot* these days, and have been in contact with Margin to also help me understand more of the inner workings of this bot, I'll drop my 2 cents here.

The basic functionality is this: the bot will trigger a buy when the white line (short EMA) crosses the long EMA (dashed red line or blue line if using offsets) from below, and a sell when the white line crosses the long EMA (yellow line if using offsets) from above. But since I'm not sure if the bot has this ability to know when the short EMA is sloping upwards or downwards, I'd take that into consideration when starting the bot: start in BUY mode if the short EMA is below the long EMA (as you'll be waiting for a crossing upwards), and vice-versa for SELL mode.

(Margin team, can you clarify if the bot takes into consideration the direction of the short EMA, i.e. crossing from above or below?)

Another thing you have to take into consideration is that the orders will be SPOT (market) ORDERS, therefore if there's a huge volatility, as we've been seeing recently, your buy or sell could happen anywhere in the current candle.

In your example, if you started the bot in buy mode when the market was low, it would probably have made a profit, selling more towards the end of your image (but remember the spot orders nature...). I don't understand why it bought in the penultimate candle, though, as the short EMA didn't cross the buy offset (it never happened to me).

My advice is to visually check your settings backwards to see if they are a good fit for the particular market you are operating. And sometimes a market simply won't be good for bots (ANY bot, Margin or another), because of extreme volatility, price manipulations etc. I feel these recent weeks have been a bit like that. In those cases, I trade manually, as the app is also an excellent trading terminal. Not that I always make money with that, but well, I try...

Hope it helps.
Dorian

Thats exactly what I am doing, trying it in the demo mode.



So what am I looking at in this picture?
Because the previous candle was green it means that the buy line was above the ema at least 0.2% so it triggered a buy at the top of the candle? Did I get this right?

No, it is set correctly. It protects against too many trades being triggered as a candle forms and against the market turning against you. If the market turns against you a small loss will be incurred - as you observed but at the next crossover a gain should be made.

Please try out in demo mode until you are comfortable with it!

Best wishes,
Jonathan

Thanks,

In the Crossover tuning shouldnt the buy line swapped with the sell line?
As it is right now it seems to indicate that the buy will happen at a higher value than it should and the sell viceversa?
Or does it means that negative values should be used here?

Could you please add a bot specific tool that will tell you how much btc the bot has made in trades, negative or positive?

it would also be nice to add a "default" trade strategy, like for me I ONLY use marginMaker (Bollinger has only made losses for me so I doubt I'll ever use it again, yet it is the default)

Matrix

Hi Amaralluis,

There is a help article on the website: https://margin.de

Just go to the Help Centre and it’s one of the FAQs.

Best wishes,
Jonathan

Is there a guide for EMA Bot settings?
I dont understand how they work.

It works now after enable Payment information in the API
Thanks,

Hi gtp425,

Can you check is that you have also enabled 'Payment information' on your API key. Everything except Withdrawals should be enabled.

And please upgrade to latest margin version 1.1.1

Best wishes,
Jonathan

Hi support team,

Strangely enough, I was able to open Hitbtc using the leonArdo latest build 3.80.
But margin 1.1.0 version still has the error I mentioned.

I am sure that bandwidth is not an issue here.

Thank you,