Re: [ANN] leonArdo - Bitcoin Trading Bot for Poloniex, Bittrex, Bitstamp, Bitfinex..

http://prntscr.com/f2qd4f

Why this is happening evrytime? Price increases, but buy order is not going up along with the strategy thresholds. Even when i try to drag and drop the order to the right place, after a certain time, leonArdo keeps placing it at the original price where i dragged it from. So i have to close the strategy and open a new one.

Is this a bug? or is there any settings i have to adjust?

Thnx.

That's because it would have to make a bad trade to continue. You set that up under Min Effective Gain. If you make that a minus number (I use -5 or -1) it'll allow the program to continue. Otherwise it can't until the price comes back to that point.

The idea is that you allow it to make a bad trade occasionally to allow it to continue trading and (hopefully) make more money than you lost in the trade.

Exactly right. Thanks again akeetlebeetle.

Is it clear leomedina01? Let me know if you have any other questions.

Best wishes,
Jonathan

"make more money than you lost in the trade"?? I think you did not get my point. There's no money lost. I'm refering to a limit buy order (which wasn't filled yet) which was created in a lower price level, but market now has rose, however the buy limit order did not follow up the new strategy margins (which now is a higher price level), in my opnion the buy order should be replaced automatically with one with a higher price (inside the strategy margins) but that's not happening. Pls look at the screenshot > http://prntscr.com/f2qd4f

Hi leomedina01,

The reason is because the buy order is constrained by the previous sell order the bot made. Take a look at the image you sent on. I'm guessing you left the Min effective gain at 0% and therefore that's the highest price the buy order can get without breaking that rule.

If you want it to following the statistics higher, you need to set a negative Min Effective gain value.

Best wishes,
Jonathan

Ok. Thnx for your explanations. Btw, leonArdo is still with the problem of stopping the strategy alone...

I also had a similar issue. Looking into the logs, the cause of it was that it couldn't place the order, so the bot stopped. And the reason why it couldn't place the order was that the buy (or sell) order was of a tiny amount higher than the funds available - so the exchange obviously refused it. The solution for it was to start the bot with a bit less than all the funds. Annoying to do that manually, but that's a workaround. (And for leonArdo's side, the solution would be to make the order with 99.9% or possibly 99.95% (calculations needed to confirm that) of the amount, and not 100%.)