Quote from: PuertoLibre on October 28, 2013, 11:46:17 PM

Quote from: fible1 on October 27, 2013, 11:44:51 PM

Quote from: flyboy on October 27, 2013, 11:33:29 PM

Can u make a bot that starts at say X and if the value drops 2$ you buy and if it increases 4$ you sell?

Hey

,
Do you mean a bot that will buy if the price halves and sell if the price doubles?

There is a lot that can for wrong with that, we have been discussing reverse EMA for a while that does something similar (but better) with EMA indicators. Maybe something we can pursue when we get some free development time. Got a lot going on right now

.

Pablo.

I use reverse EMA strategies and they are quite a bit more logical (from a human perspective I guess) in the profit area.

As do I, and yes, they seem more logical to me.

I have not posted much about experiences with other bots in this forum, as I was not sure how appropriate it was. I will share some results here, however, because it shows Butter it a good light.

My "manual" trading in the past was guided in part by a "reverse EMA" strategy. I viewed "straight EMA" as more of a safe, built-in stop-loss strategy then a high-return strategy. It then made great sense to me to have 1/2 of my BTC investments "safe" in a butter-run EMA bank while I traded the other 1/2 manually. I admit to some shock when Butter started matching & even beating me with its trades.

Always wanting to be on the cutting edge, and fascinated with the idea of bots, I have purchased every bot made available to the public and tested it. I am constantly looking for new & interesting bots and how to use them (love the activity and improvements from the Butter team).

Over the last month or so I have been conducting an experiment. Three accounts were set up with equal amounts of BTC. One account was given to Butter, the other two managed by a competing bot that shall remain nameless. Snapshot of results:

Reverse EMA.
Poor trading results. To be fair, I have, and am still struggling to get the bot to trade the way it works in my mind. Not working well. May not be the bot's fault, maybe I am not setting it up right (it is pretty complex). In the end, the market ran-away from it, and the experiment was a loser.

RSI.
During flat or "sideways" markets, RSI is satisfying. The more frequent trading is a thrill, but the returns were underwhelming. There are a lot of bots out there doing this, and the margins are not great for this type of trading. Two weeks into the experiment Butter was beating the RSI bot handsomely, then the bull-charge came. As with reverse EMA, RSI sold and got left behind.

EMA/Butter.
The RSI bot traded dozens of times to Butters 2, but Butter still pulled ahead in the account balance. Still, Butter is boring... can be soooo long between trades, so I left the experiment run. Then came the bull-charge. Butter's "safe" EMA position stayed in, rode it up and only sold when it was obviously over. RSI & reverse EMA were so hopelessly trounced by the experiment I have since turned off the "other" bot, and transferred the funds into a Butter run account.

Butter even beat me by a good margin for the first time, I sold too soon (who knew?).

I will continue to look for and buy anything (trustworthy) people want to program. But for now, I am here, in this forum, because nothing out there is better then Butter.

GREAT JOB GUYS, I am having a great time making money with your product.