Hi,

I'm just chiming in with my $0.02usd worth. I haven't used this bot.

One thing I notice in many posts regarding BTC-e functionality, of this or any bot, is trades not executing or being delayed etc...

I think a lot of these issues are due to the fact BTC-e does not have a sell at market feature like MtGOX. This means for your trade to execute there has to be a corresponding buy/sell order on BTC-e at the time your order is placed for your order to be immediately placed.

example.

Bot tries to sell 1btc at $900.00
highest open order on BTC-e is a buy for 899.99 and market is downtrending.

This would mean your sell gets stuck on the sell order side at $900.00 until the market comes back up to $900.00 and there is at least 1.0btc worth of action at that price for your entire order to fill.


I've messed around with BTC-e for a while and only use it for trading LTC.


Also,

Don't forget these exchanges are not governed by any oversight body that checks the code or functionality of the exchange for any kind of compliance against any kind of standard.  The exchanges are mainly outside the USA and the owners are in it for profit.  And not just the small transaction fee profits, actual big $ profit.

Basically for all you/me/we know the exchange has it's own bot running trades and this bot is given information well before it is broadcast to other bots or the GUI on the exchange, fractions of a second is all it takes.

So just my $0.02usd.


[ADDED]

When doing back testing don't forget that in back tests the EMA lines are fixed.  The market is not active so there are not the times when the EMA lines are very fluid during indecision times.