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Cryptocircuits V1 Bot Release: Johnny 5

Hi Everyone -

The final version of V1 trading bot Johnny 5 will be made available during the next 12 hrs to all Whale Lounge members. A simplified version - Little Johnny - will be released to all Trader Lounge members. Trader Lounge members will be required to complete a new download and install package since this will be their first time receiving the bot platform.

The above will be the procedure for all Windows users. Mac users will follow a separate procedure: we are currently finalizing the installation instructions and they will be published in a separate post.

The release of the V1 bot marks a milestone for CIRC. In this post we would like to outline how Johnny 5 fits into the larger direction of the CIRC bot program.

V1: Johnny 5

Johnny 5 is centered around a user-friendly GUI that takes the intimidation factor out of using a bot. If this is your first time using a trading bot, be sure to spend some time in the Whale Lounge getting any advice you need and listening to what others are doing with their bots. This will pay off many times over for you.

A number of features that are intended for V2 have been coded in under the hood of Johnny 5, and are already present in various stages of development. This allows us to ensure forward moving compatablity with both the various exchanges and the current suite of bot features.

Johnny 5 is both a standalone bot and a trader development tool. As you use the bot, you will become a better trader, and if you are using the bot effectively, your trading can become much more profitable. All of this leads up towards the V2 version of the bot code name RhinoHunter - which will give traders a whole new set of trading tools and automated features.

V2: RhinoHunter

As Johnny 5 reaches maturity in its current release cycle, a stripped down version of the Whale bot will be made available to all members of the Traders Lounge. Whale Lounge members will then be upgraded to Circ bot V2: RhinoHunter. The current feature list for RhinoHunter includes:

· Full stop-loss/Take profit control over all bot functions via both timed buys and timed sells.

· Auto Pump program. RhinoHunter will use a specific algorithm to accumulate, push, and sell at optimal times based on a user-configured market analysis.

· Market analysis and trade suggestions. Automated TA. Choose from a range of indicators to both blue team and red team your own trading ideas.

· Built-in tutorials triggered by specific user actions and queries.

· Statistical export functions. If you have a specific configuration that is making you money, you can rent or sell your bot configuration to others.

· Futures trading bot. Adjustable risk reward settings within the trading algorithm itself.

· WhaleHunter module. Isolates and analyzes trading patterns and distribution changes of specific coins in specific time frames to identify large trader patterns. Drafting function allows you to program your bot to match the whales movements

RhinoHunter is specifically designed to give our traders an advantage in crypto markets, especially in markets with high volume and volatility. However, we have also worked to give each feature a set it and forget it UI option so that when you encounter a strategy that is working for you, you can automate what you are doing, and let it earn money for you automatically.

RhinoHunter will allow you to also sell or rent your best strategies. Whale Lounge users who are visibly making money with RhinoHunter will be able to create their own fee-based membership groups inside of the Whale Lounge.

Final note:

A big thanks and shout out to the community, the devs, and everyone who has worked so hard the past few weeks to enable the Johnny 5 release. We encourage everyone working with Johnny 5 to share their skills and knowledge with newcomers its an important part of who we are here in CIRC, and the community we are building.

CC

Rhinohunter. I want that one. Do you know how long till that will be released?

Is there going to be a standalone version of Johnny Five? or RhinoHunter?

For what it is worth,I am in favor of the full - on commercialization of RhinoHunter. The idea that we have a kick ass bot but it is being limited to a clubby 100 or 200 people is silly.Way better to monetize it and use revenue to burn CIRC, pay dividends to holders, etc. Even start looking at some high speed trading configurations.

I suspect it does not matter what any of us think. As with each step so far, the devs are several steps ahead of us. Very enjoyable to watch.

Kudos to the poster from several pages back who took the time to calculate how much a standalone bot can bring revenue-wise. The numbers are solid. I suspect at this point it is only implementing satisfactory anti-piracy measures - which would need to be solid indeed - that are holding back a release of the standalone version.