Ninjastic
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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
PuertoLibre
on 28/10/2013, 23:46:17 UTC
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 Smiley,
  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 Smiley.

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