Topic: margin terminal - over 25 spot and futures exchanges! Bots and more - page 31. (Read 268868 times)

yea im finding the same thing

Shallow order book:

Had the stop loss set at 15% but it could not get out until there were enough orders to sell to so it went down another 5%. At the time of sale there were only 34 BTC per hour. Did not mean to whale, but last night was a real rodeo with BTC begging for release at 10G.

Same reliability issue with me on Windows Home x64. Works good for 12-18 hours then it starts increasing CPU utilization before crashing.

any tips on getting this bot to not crash?
tried on 2 ubuntu and 2 windows machines and cant get more than a day out of it

is it reliable on raspberry pi? i have a B+ (2014) i could try it on

also the RSS feed feature seems to be broken. I see icons but nothing shows on hover like in leonardo

Tip for Binance Traders (will also work other exchanges using something similar to BNB).

Having to buy BNB every day or every other day is too reminiscent to grocery shopping for me.

You know how it is, go grocery shopping on Tuesday, the wife's favorite flavor of the week is on sale, you should get 30 but you only want to spend for 6. You get home to find out she has plans for 10, the next day you head out for the store, the sale is gone but now they are 20% more expensive than they were originally. Exasperation! 

I feel the same way trying to keep BNB in stock, but for weeks on end. 

Here is what I did to solve/resolve the problem. I trade with a set amount. Calculated the set amount x 5 and put in a low bid for BNB (you aren't paying market rate are you?  ). Then added 6 BNB pair (while I waited for the bid to come in), some may get away with 3 pair and some may need as many as 8 pair depending on your leverage. So now in addition to all the BTC pair and the token USDT pair, I now have the potential for having 5 BNB pair bringing home the bacon to feed my greedy trading.

As for the 6th BNB pair, because margin's Bollinger Bands bot does spot buys, typically I will run with 20-40% more bots than I can actually afford and yes, sometimes they stop or under buy because of lack of funds, but not very often. 

There are so many tricks and tips to bot trading at this moment I feel like a n00b because it took me so long to wake up to just allow the bot to get the best price and get a little profit in process. 

I am having a good day and I hope you are too! 

Edited to add that the market volatility the last few days has dealt me a mighty kick to the codpiece.
I am reworking my stop loss settings based on this article.
https://www.quant-investing.com/blogs/general/2015/02/16/truths-about-stop-losses-that-nobody-wants-to-believe

Hope you are ready for action! In my opinion this run up is the same we experienced in November and December.

Last year I was using mArgin Maker when it happened, this time I hope to take some sage advice, when it doubles set half aside! 

CREDIT to htL-NL (cryptocompare post) for all the hard work!
https://www.cryptocompare.com/coins/btc/post/p_921594

Posting the graphs here because it is so clunky to drill through the post. I've added my comments at the bottom of the original post.

The multiple buy/sells is indicative of a shallow order book at that moment. Bollinger Band bot only does spot buys and spot sells so it has to contract for enough buys/sells to fill the order.. If the book is shallow at that moment it scatters doing the best it can so you may have a percent or more range in the multiple orders to fill the trade amount. This is another reason why the trade amount does not always equal what you requested. A week or two ago I posted a screen shot of 17 orders taking place in a single second to fill an order.

I too had stop losses trigger, but the n00bs are learning, each of the last 4 successive dips I have had fewer and fewer stop loss triggered. Almost identical to last December.

I'm also seeing not so desirable effects of the new BB strategies, ranging form not as good profits as the MM would have done, to very strange multiple buy/sell orders in short succession. I left 7 pairs trading in BB strategies overnight (bittrex) to see the effect - overall the BTC value went down by about 12%. Now granted everything came down 20-40% overnight, but I've had the margin maker bots running in similar situations and still ended up with a net profit. I can't post any screenshots just now.
For now I will stick to the margin maker bots, maybe run one or two BBs on the side to see how they get on.

Thanks for the suggestion! We'll look into it but shouldn't be too difficult to add.

Best wishes,
Jonathan

Hey cruxio,

Great to have you onboard! And thanks for the nice comments.

Can you describe the dynamic ping pong bot a bit for me?

Best wishes,
Jonathan

Yes, you will see all orders immediately as each instance polls the exchange API. What you won't know is who owns a particular order as the two instances of margin are local and have no knowledge of each other. So your bot order on the VPS will show up as an ordinary limit order on your local instance of margin.

Best wishes,
Jonathan

Picked this up yesterday. Very slick interface, good API responses, order books and multiple bots per trading pair in one app is amazing. There's only one feature that is missing, that was very useful from the Quatloo days...dynamic ping pong of the order books based on the bid/ask spread. It would make entrance and exits a very easy task.
I've read that the team is planning a strategy update to allow some customization. Hopefully we can put something together. Looking forward to the next update.

Hi Jonathan, I have one question regarding that: let's say I have Margin on a remote VPS, and a local installation. Since they are on different ISP connections, can I leave both running at the same time, on the same exchanges, for the following scenario:

- Margin@VPS: bots.
- Margin@local: manual trading.

Are both instances going to be synchronized in real-time, meaning if the "bot" instance makes a trade, I'll see it immediately on my local installation and vice-versa? Any possible side-effects with that scenario?

Hi naska,

No need to pay anything yet. As a leonArdo customer you have an account at margin.de already. Just use the email address you registered with us and click on the Forgot your password link to reset it. You still have 5 months of margin left for free.

You won't have any issues with API quotas if you use different ISP connections!

Best wishes,
Jonathan

There is a community slack channel: https://leonardough-slack.herokuapp.com/

All the best,

  Rene

Hey folks,
Is there any sort of social community for Margin? Forums on the website\Discord\Telegram etc?

Thanks for your suggestion. I would like to compare them working in parallel. Should I pay something for such  test drive? In fact I have in my house two ethernet lines from different ISP but affraid Bittrex will prevent  me from  using  both of them  simultaneously.

I only switched to only Bollinger Band a month ago, they seem to work well. Last December when things were flying Bollinger Band was not available so i was using mArgin maker, I switched so I could focus on refining Bollinger Band. The process works well enough but I get clobbered with stop losses. Same thing happened last December when all the n00bs arrived, every little dip is reason for panic. I think Bollinger Bands give you a fair shot in a downward trending market. I had difficulty advancing using mArgin maker in a down trend, but I didn't know then things I've learned since using Bollinger Band full time. So I can't say which is better. For now my focus is Bollinger Band and whatever margin comes out with in the future. i just keeps getting better!

Great results
Thanks for the answer.
Sorry for the confusing question, I meant the part of 2018, when all the markets was going down
What strategies do you use on rising markets, Bollinger Bands as well?