Hi all!
I've been working on a new version of the bot for a while, now including MACD indicator/strategy!!
It's not totally finished (mostly help/info-functions that needs to be fixed), but I have been running it in MACD mode for about a week, and I think the logic, the charts and the trading all work as it should!
As I think we will get our second baby today(!), I'm publishing it for you to play with, even if it's a bit rough.
I have changed it's name and put it in a new repository:
https://github.com/TobbeLino/TobliBot
(when it's finished I'll publish it in the Chrome Store)
A few notes regarding the MACD-strategy:
- The standard EMA-values for the MACD-calculation is a bit different from Goomboo's simple EMA-strategy.
It's normally 12/26 (instead of 10/21 for Goomboo's). And the MACD-indicator also has a signal line that is per default a EMA(9) of the MACD-line. Clicking the link "strategy defaults" after changing bot-strategy loads the default parameters for each strategy.
- The EMA-thresholds should be a lot lower than for Goomboo's simple EMA-strategy.
I have made the MACD-diff values (that are used as the indicator) relative rather than absolute by dividing with the long EMA (according to how PPO is calculated: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:price_oscillators_pp but this bot does not multiply it by 100 as the PPO) so the thresholds should be constant regardless of the current price range.
I have empirically chosen 0.05% as the default values for buy/sell thresholds in MACD-mode, but feel free to experiment!
And (as also written on the new options page):
If my bot makes you rich, please consider donating a fraction of your profit!
...or, of course, also if you appreciate my work for other reasons...
Bitcoin: 1LUqdAXvH9gbYemZKeiMrVJ5njhm6ZvKmF
Cheers!
/Tobbe
I've been working on a new version of the bot for a while, now including MACD indicator/strategy!!
It's not totally finished (mostly help/info-functions that needs to be fixed), but I have been running it in MACD mode for about a week, and I think the logic, the charts and the trading all work as it should!
As I think we will get our second baby today(!), I'm publishing it for you to play with, even if it's a bit rough.
I have changed it's name and put it in a new repository:
https://github.com/TobbeLino/TobliBot
(when it's finished I'll publish it in the Chrome Store)
A few notes regarding the MACD-strategy:
- The standard EMA-values for the MACD-calculation is a bit different from Goomboo's simple EMA-strategy.
It's normally 12/26 (instead of 10/21 for Goomboo's). And the MACD-indicator also has a signal line that is per default a EMA(9) of the MACD-line. Clicking the link "strategy defaults" after changing bot-strategy loads the default parameters for each strategy.
- The EMA-thresholds should be a lot lower than for Goomboo's simple EMA-strategy.
I have made the MACD-diff values (that are used as the indicator) relative rather than absolute by dividing with the long EMA (according to how PPO is calculated: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:price_oscillators_pp but this bot does not multiply it by 100 as the PPO) so the thresholds should be constant regardless of the current price range.
I have empirically chosen 0.05% as the default values for buy/sell thresholds in MACD-mode, but feel free to experiment!
And (as also written on the new options page):
If my bot makes you rich, please consider donating a fraction of your profit!
...or, of course, also if you appreciate my work for other reasons...
Bitcoin: 1LUqdAXvH9gbYemZKeiMrVJ5njhm6ZvKmF
Cheers!
/Tobbe