Post
Topic
Board Trading Discussion
Re: Chrome Browser extension: MtGox trading bot
by
TobbeLino
on 23/05/2013, 06:24:42 UTC
- Experimental feature: "The Crazy Ivan" - reverse the EMA-logic: The bot will sell when it's supposed to buy, and buy when it's supposed to sell!
I don't get it? Why? Can you elaborate? Thanks

Well, it's highly experimental and added mostly for fun (to put something in the new experimental section - I plan to add some more rules and settings there later that diverts from the original EMA-bot strategy).

From the description on the options-page:
"When the EMA-strategy is reversed, the bot will buy when it's supposed to sell, and sell when it should buy! Smiley There are absolutely NO theories supporting this strategy, however, when the market is ranging and you feel that the bot is always 180 degrees out of phase with the swings, it might work. Maybe..."