just a test to see how many times the EMA lines triggers a buy to buy cheaper than you sold at:
You still don't understand the idea behind the bot, do you? If it detects it exited at a bad position, it will buy you back with as little loss as possible. Also, the bot isn't affected by emotions, so it will do the right decision even if you couldn't/wouldn't.
Even if the bot makes 8/10 "bad" decisions, the bad decisions are small. The profitable good trades will hopefully cover the losses. Besides, no trading strategy is foolproof. If you had one, you'd already be a billionaire.
12 buy trades in 2 month
10 of them it bough higher than it sold.
no sense strategy.
As some smart guys already notice, bot make you lose your bitcoins slowly
thats a 83% fail ratio of trading.
You don't even let us see what settings you used. Even so, the bot did better than buy and hold, so it wouldn't have "lost" you anything.
100/122,25 = 0.81799 BTC
0.81799 * $696 = $569
Bot's ending balance = $655. How's that a loss, or fail? I agree, the bot could have done better, but
you used a short timeframe.
edit: stupid mistake