Re: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic]
Any tips on my best strategy that I have tested so far?
Indicators:
Stochastic Oscillator (Oscillator length 30, Buy level < 20, Sell level > 80) (BTCe LtcBtc 1min)
Safeties:
Dynamic adjusted drop-loss safety (Adjustment: 98,3 %, Update timer: 10) (BTCe LtcBtc)
I know it looks way too simple but through my back testing it looks to be far better than any other strategy. Any advises or improvements are welcome!!
Indicators:
Stochastic Oscillator (Oscillator length 30, Buy level < 20, Sell level > 80) (BTCe LtcBtc 1min)
Safeties:
Dynamic adjusted drop-loss safety (Adjustment: 98,3 %, Update timer: 10) (BTCe LtcBtc)
I know it looks way too simple but through my back testing it looks to be far better than any other strategy. Any advises or improvements are welcome!!
well i would change your dynamic drop loss to run at either 60 or 120 minutes so that you actually catch a drop in the price quickly. I would also play around with those number a bit so that you catch all of the major drops, maybe 99% works better than 98%, but you would have to play around with the numbers.
I would also include a few safeties like cancel order after 1 minute and perhaps an overcome fees/double fees (on only selling). Other than that it looks good, but maybe there are better indicators. I personally don't trade the btc/ltc pairs anymore as btc/usd or ltc/usd has bigger profits than btc/ltc.