Post
Topic
Board Trading Discussion
Re: Chrome Browser extension: MtGox trading bot
by
virtimus
on 13/05/2013, 19:46:03 UTC
As I've wrote lately - I've implemented simple "stop loss" function as I don't like to loose BTC - would prefer not to trade (I'm patient player Smiley.
So now the bot (at least my local version I'm testing) is using wallet history to check the price BTC was sold/bought and do not trigger trade untill the difference is less that certain amount (I've set 10% difference for a test) The effect is that my stupid bot is not trading at all Smiley as I have BTC bought at $113 and current price is around $120 (less 10% difference).
If the price will go above ~ $125 and then EMA trigger a trade - bot will sell (of course still have no warranty that then it can buy at good price - or how much time it will take to reach good price (again 10% low from selling) ...

Seems I've got some safety for a cost of less flexibility ... Sad

I think I will do yet a manual trade trigger with setting amount also manually.

PS.
Now I think ideally would be to add some flexibility to buying BTC (as I believe price will increase over time an I prefer to "seet on BTC" - maybe I'll differenciate it yet - maybe to 3% ... let's see what will happen Smiley