Post
Topic
Board Project Development
Re: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic]
by
krach
on 06/01/2014, 18:50:06 UTC
"So...set a well benchmarked set of indicators including an MACD-MA Short 11 Long 24 for NMC/BTC.  Update timer at 600s.  Ticked Reset Last Buy and Sell.

Last sell price 0.00  Last Buy Price 0.00

Had sold some BTC to buy NMC/USD and PPC/USD expecting a strong upward trend (I was right on both counts).

Activated Bot and it sold NMC at 0.00801 at Interval 3 with two (of two) indicators on Yellow.  Was unable to buy back in quick enough as immediately afterwards, NMC/BTC went to 0.0085 then 0.00886.  Kinda bad luck combined with mental bot logic (or 'features' as some on here call them).

Missed out on a 10% profit.  Baaaa!

I take it the bot should not trade until the indicators have collected sufficient data according to their settings?

Stephan:  Can you reproduce/fix this?

K
"

-Was unable to buy back in quick enough-
Hi,
You have it set on 600 seconds so the bot will wait at least 600 seconds before the next action, I think.  I think Stephan has said many times, the bot is not faster than manual trading, the main advantage is that the bot does not have any emotions. If you want quick trades put it on 20 seconds, imo.