Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Carra23
on 08/05/2014, 21:15:33 UTC
becuae I banned my self from that joke's thread, I am going to post this here just for the laughs and giggles

The thread shows a poster example how one system would have performed during the downtrend of the past few months. The "track record" is impressive but we have to remember that I started from the data and honed the parameters with trial and error method to give the best results. In real world, spotting the downtrend correctly, guessing the parameters upfront, and executing without slippage would have diminished returns greatly.

I cannot sell my own signals because Bitstamp's average volume is BTC764 per hour. The system gives signals based on the last 2 hours market data and assumes that you can execute at the closing price. The signals are always in direction of the trend, so you will have to buy/sell quickly to avoid slippage, and your own actions cause more slippage. If I would use this, I want to allocate as many coins to it as possible, and that is less than I wanted. Sad

The configurable excelsheet is for sale for BTC5, including tutorial in skype chat.


so who will pay 5BTC for that ? it is very cheap, almost free  Cheesy


Yeah, what could possibly go wrong... a handcrafted volume change/candle size based (or something similarly naive) algo, backtested only on the recent month or two ("careful kids, it only works during downtrends!"), excluding fees and slippage in the calculation. Now on sale, for 5 BTC!

I really hope that whoever is inclined to spend that amount gets, say, waveaddict's newsletter instead, for a fraction of the price, and a multiple of the effect most likely Cheesy

Its a steal at this price.









For Rpietla of course Cheesy