Post
Topic
Board Trading Discussion
Re: Which crypto trading bot you recommend me .
by
Simonsays
on 06/08/2014, 02:47:48 UTC

what is okay to use trading bot? that legal?
it uses a special script or just make a trading strategy?

@Nawaytes - this is of course completely legal and through a reputable site - cryptotrader.org.   I have created a custom algorithm and have made it available for private rent/subscription.   While past backtest performance of my algorithm is quite impressive, there is always risk and uncertainty to what the future will hold.  I've kept the logic's parameters as general as possible while maintaining performance.    The bot operates on a 2 hour tick - that is, it recieves the market's open/close/high/low/volume once every 2 hours and then runs through its logic to determine market direction and momentum and places trades accordingly.   The bot considers SAR, EMA, RSI and other indicators in addition to some custom indicators I have created  to measure market supports, velocity, momentum and volume volatility etc.

I will PM you some more details.

I have also been able to increase the bot's performance considerably using a new volume monitoring implementation.  Here is a backtest for you all to consider. https://cryptotrader.org/backtests/G44WArn4rPJP9h8wF 



Do you you run an account with real $$$ that runs your algorithm?


@Cryptsine - I sure do!  I currently have a handlful of customers and run it with personal funds as well. 

I'll share with you here my longest running live trader - it has been running for 40+ days: https://cryptotrader.org/traders/Mzw6H9RumBXQRSqB3   
- you may adjust the timeframe in the top of the chart to expand to longer timeframes if desired.

SSSA has come pretty far in the last 40 days and some nice improvements have been integrated.  Here is a backtest of the current version: https://cryptotrader.org/backtests/Ltc9m563CL5TG8GAw