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Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform
by
fible1
on 27/04/2014, 18:43:21 UTC
Quote from: miless2111s on April 27, 2014, 09:27:19 AM
Quote from: fible1 on April 26, 2014, 05:48:12 PM
Quote from: miless2111s on April 26, 2014, 03:24:19 PM
Quote from: fible1 on April 24, 2014, 08:59:55 PM
Quote from: tempestb on April 24, 2014, 07:54:24 PM
It's a good question.  For some reason it defaulted to this after the last update.  I got tired of changing it to whatever wild forecast was in here because it just seems to consistently lose me money...

Short EMA 20
Long EMA 42
Trade 30 Minutes
Buy 1 - 0   Buy 2 - 0.15
Sell 1 - 0   Sell 2 - 0.1
Stop Loss is 0

So what should this be?  I back test and the profit is not so good.  Empirical evidence suggests that is true.  Yet, other things I've tried have not met with much better success.  Other than when the currency makes huge gains, which currently it is not.

The recommended settings are below.

The issue is sticking with the strategy (and we recognize this is a problem when you see negative results during a period of time), back testing suggests that if you had started with 1 BTC in January you would now have around 1.5 BTC. Part of the problem is that back testing is only denominated in USD currently.

We are solving these two problems with the new release which will allow you to back test in BTC and USD and also we will have shorter term HFT strategies for those looking for more immediate (albeit higher risk) results.

I hope that makes sense.

Pablo.

We recommend the following starter for all exchanges in the current market:

Short EMA: 15    Long EMA: 31
Buy 1: 0    Buy 2: 1
Sell 1: 0    Sell 2: 1
1 hour time window.

Am I doing something stupid?  When I back test on these settings with the start date as 1/1/14 and running till today (26th) I show a -24.89% profit. !!

Hey Smiley,
   I understand that when you look at the USD pricing, given the huge implosion, but you would have made about a 40% profit in terms of BTC; meaning, if you had started with 1BTC you would have ended up with around 1.45. The back current testing is in USD only which is the cause of confusion, the new version will allow you to back test in either BTC or USD and thus solve this issue.

All this will be solved with the new release in a couple of weeks, I'm sorry for the confusion.

Smiley

Pablo.
OK so until the new version comes out there's no way of knowing if any given back test would be profitable in terms of USD or BTC?  Given this I'll have to leave the bot off till I know what is coming out of the back test given I can't seem to find a set of settings which give a +ve profit.  Ah well, roll on butter cream Smiley

Miles

Hey Miles Smiley,
  No it's actually the other way around, with Butter-Cream you will be able to tell if your order is profitable in BTC and/or USD. Back testing will show results for both simultaneously Smiley.

I hope that helps, and thank you for your patience.

Pablo.