Post
Topic
Board Project Development
Re: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic]
by
Bajawah
on 08/05/2014, 18:14:55 UTC
Has anyone had any luck with the [EarningsOnPercentageTrade Indicator]?

During backtests it seemed very very profitable, but in practice it went no where.

From watching the indicator graph, the best I can guess is that the bot will only buy if [last sell price - X%] and it will only sell if [last buy price + X%].

The issue I had was when trading yesterday was I bought in at (example #s) $9.00 and then sold at $10.20 for a profit.

Price then climbed to $11.00 and didn't come down for the rest of the day.

But because it never returned to within [last sell price - X%], the bot stuck and wouldn't trade.

Unless I am using this indicator wrong, it seems like it will always miss upward trends.

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The indicator almost seems like a combination of [BlindSignal Indicator] and [PercentageChange Insurance], yea?

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I'm tempted to throw it .25 BTC and see what [EarningsOnPercentageTrade Indicator] can do over a week. haha