Post
Topic
Board Services
Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
mooncake
on 21/12/2013, 11:53:53 UTC
Pablo: Any plan for a HFT bot?

That would require a completely different engine.

You'd need to take into account volatility, volume, trend, enter and exit positions, stop losses, spread, profit target, scalping... urgh, that would be a pain to set up and still probably would require constant attention. There is a reason the exchange HFT bot algorithms are highly guarded secrets and their inventors make millions in salaries.

It would be nice if we can have the best of both worlds - Butter Bot for long term trading and HFT bot for short term. Then regardless long or short term, the bots are always making us money!