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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
Sioux
on 08/01/2014, 20:23:06 UTC
Just to clarify

Butter Bot just trades when the EMA lines crossover?

its the same principle like in Goomboo's Journal?

Quote
I have tried trading thousands (literally, thousands) of trading strategies for the past few years, but I have found that the more simple and less elaborate I make my trading, the more profitable it becomes.  The system I use for Bitcoin is very, very simple and straight forward.

I trade a 10 and 21 exponential moving average crossover.  When the 10 crosses over the 21, I buy.  When the 10 crosses under the 21, I sell or sell short.  I chart and trade through RTBTC."

https://bitcointalk.org/index.php?topic=60501.0


---Im at page 6 of goombos journal so far---

Does this EMA crossover strategy work when you actually do it?
It seems like you loose 70% smaller amounts and make 30% big profits

Checked the charts and it does look like it works.

What are the butter bots users profits in the past month?
Tell yours