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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
NginUS
on 08/12/2013, 07:41:54 UTC
I decided to test the bot and downloaded it  2 days ago.. it is setup with BTC-e suggested settings and the first thing it did was sell my BTC... no big deal only had a little bit... but since then it made 1 trade and has done nothing for the last 2 days.  For 1 of those 2 days I had Gox in there with different settings for both.. is this a no no ?  I have since disabled the MTGox trading part (about 15 hours ago) and still no trades... is something wrong?

Naelr

The bot uses EMA as it's underlying trade strategy, which is a long term strategy, and will sometimes take weeks between trades. It's diciplined & usually won't trade on market 'noise'.

You can change its settings so that it behaves more like a day trading bot, or even an HFT bot, but backtesting proves that doing so is far less profitable than a long term approach.