Re: Automated Trading Contest (Prize 0.5 BTC) / Best automated strategy of 2013
How well do these bots handle the current downturn? I have been trying to run the Mediji bot, and so far it has been dropping my profits like crazy in the past few weeks.
Some algorithms are still profitable even when the market is moving down. For example check out Adaptive EMA results https://cryptotrader.org/backtests/akdD5nWNFMKS3pNS5
I know the best way to prove some algos are still profitable: quick 2-weeks (or 4-weeks?) contest with a nice prize pool
There's no proof like seeing it with your own eyes, and nothing is better to spark ideas than some healthy competition. What do other previous or future contestants think about this?