Re: [ANN] leonArdo - Trading GUI/Bot for OKCoin, Poloniex, Bitfinex, Bitstamp ...
So here's my buy/sell graph on ETH for the past 24 hours:
As you can see ETH had a big drop but during that drop it had some nice upswings that could have been taken advantage of as well as a real nice recovery that was missed.
I understand that the program is trying not take a loss but there is money to be made on the way down if it was willing to take a loss to get them. Not to mention a real sweet recovery that was missed.
I set my stat interval to 1 hour in an attempt to keep my buys/sells really tight but there were missed opportunities in this case. If I want the bot to follow down swings do I need to adjust the min effective margin setting to (lets say) -10?
I bring this up in an effort to learn your program better, not to complain by any means. I'm a total newb to running a bot.
As you can see ETH had a big drop but during that drop it had some nice upswings that could have been taken advantage of as well as a real nice recovery that was missed.
I understand that the program is trying not take a loss but there is money to be made on the way down if it was willing to take a loss to get them. Not to mention a real sweet recovery that was missed.
I set my stat interval to 1 hour in an attempt to keep my buys/sells really tight but there were missed opportunities in this case. If I want the bot to follow down swings do I need to adjust the min effective margin setting to (lets say) -10?
I bring this up in an effort to learn your program better, not to complain by any means. I'm a total newb to running a bot.
Hi trippin,
>> If I want the bot to follow down swings do I need to adjust the min effective margin setting to (lets say) -10?
Yes! If you want the bot to follow swings (either up or down) that means you have to be willing to take a loss in order to make a future gain and keep trading in the new price region. However, we cannot tell you what to set the Min Effective Margin to. It depends on too many factors.
You can practice, testing out the different parameters, using the paper trading version of leonArdo before risking your funds
