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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
shapemaker
on 25/11/2013, 00:40:01 UTC
the two events that triggers a Sell and a Buy, are always is thoses positions: "point 1 higher in the graph than point 2"
however the situation is not profitable, bot sold "high" then bough back "high" again
its always doing same thing,  it just would make money when there are really big and long down trends.

That is because your settings are too aggressive. It is not a daytrading bot. The whole idea behind EMA based trading is to smooth over such quick disturbances, and only react on clear up- and downtrends.

my friend, you are wrong,
is just an illustration, you can see the test by yourself in the bot, 60-70% of the trades return a lower % if the original sell.
thats becuase it sell high, and buy high...

If your settings make the bot react to such a small and insignificant dip (time wise), your settings are wrong, not me.

Quote
its easy, it just lack a simple engine to buy low when the chance is there,

needs diversification and buy trigger rules.

its.
so.
easy.

Looking forward to your bot (or your suggestions even how to code that feature!).