Re: 【BOT】 C.A.T. Cryptocurrency Automatic Trader1.7 (100+ Feedbacks) POLONIEX ADDED!
This post Sampey...
https://bitcointalk.org/index.php?topic=507103.msg7051797#msg7051797
And I thought you read all my posts with great interest
Only joking
The idea is to switch C.A.T. between Ping Buys/Pong Sells whilst the market is on an upward trend and then change to Ping Sells/Pong Buys on a downward trend. The switch could be manual using a button or some automated way as discussed.
Switching from rising to falling mode involves cancelling the Pong Sells (likely caught too high, since market is now falling), and using the coin balance to start new Ping Sell/Pong Buys which will work with good gains as the price falls.
Similarly, switching back to rising mode involves cancelling the Pong Buys (likely caught too low, since market is now rising), and using the BTC balance to start new Ping Buy/Pong Sells which works better as the price rises.
https://bitcointalk.org/index.php?topic=507103.msg7051797#msg7051797
And I thought you read all my posts with great interest
Only jokingThe idea is to switch C.A.T. between Ping Buys/Pong Sells whilst the market is on an upward trend and then change to Ping Sells/Pong Buys on a downward trend. The switch could be manual using a button or some automated way as discussed.
Switching from rising to falling mode involves cancelling the Pong Sells (likely caught too high, since market is now falling), and using the coin balance to start new Ping Sell/Pong Buys which will work with good gains as the price falls.
Similarly, switching back to rising mode involves cancelling the Pong Buys (likely caught too low, since market is now rising), and using the BTC balance to start new Ping Buy/Pong Sells which works better as the price rises.