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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
knightlife999
on 07/03/2014, 07:07:04 UTC
I just want to make a comment in regards to everyone who says that EMA does not work anymore:
....With the right settings, this bot can make 3500% or more per year on Bitstamp or BTC-e. That performance is actually leaving the bot on for the past year and not turning it off during the 2 major downtrends that took place. If you had shut off the bot during those downtrends, the bot would have made 5500% in a year....

3500%
is bad as BTC risen more than that. Anyways I'd like to see trade log of a backtest run which does that profit.

Here is a trade log of my bot doing more than 3000% profit on last 4 months at mt.gox: http://pastebin.com/raw.php?i=FYjLm6YL
Chart: http://oi57.tinypic.com/2uz55wm.jpg

PS: I've ran a few thousand backtests using only EMA cross indicator with randomized parameters and it never did more profit than holding. It's good on stock trading which aren't this volatile.

Sorry Pablo, I think it's time for advanced bots to step in.


3500% in the past year is an excellent return. Holding over the past year would not have come close. Maybe someone could have made more than 3500% if they had bought and held since 2012, but not over the past year. When Butterbot allowed for 2 year long backtesting, I was able to get the bot to show a 12,000% return on Gox. Anyway, if you can get the bot to backtest a yearly profit of 1000% or more including draw down months, you are doing very well. Work with the settings and you can get some fantastic performance out of Butterbot.