Post
Topic
Board Project Development
Re: [PUBLIC - FREE] Penny Pong Bot
by
GoldMan79
on 21/09/2017, 13:18:22 UTC
Hey, so after 24hours of testing, now the bot doesn't take more than 3 positions for each pair. I removed some rules, now it's: If the market price is between (High - 3%) & (Low - 3%) and there is 1% drop in the close price of two candles based on the 1-minute chart the buy & sell (with 1% profit) orders are filled.

The bot made 96 trades (with 0.02 BTC / trade -> not relevant), 79 are already sold, 17 are still on hold.
So what I'm trying to work on right now is:
  • How to avoid taking positions that will not sell in the next minutes?
  • How to predict if the price is going up before taking the trade?
  • How to avoid taking trades at a high price that the market will reach again only after few days (or never  Roll Eyes)
  • How to avoid taking trades when there is a big dump (I will probably use the volume for that)
  • What data could I use to make the bot better?
  • What indicator(s) could I use to make the bot better?

There is the list of the things I'm working on, if you have any suggestion, go on! Even small ideas can help.