Post
Topic
Board Service Announcements (Altcoins)
Re: 【BOT】 C.A.T. Cryptocurrency Automatic Trader (100+ Feedbacks) BITTREX is Active!
by
andycee
on 09/08/2014, 07:06:06 UTC
Ugh....I've given up on Cryptsy.....constant website and login issues....rubbish volumes now.....its just not worth it.

Moved to Bittrex and things seem a lot more reliable, and volumes are good.


Another point on not sensing/stopping buying on a market thats about to fall.....


Currently the %min gain is not checked retrospectively. Currently CAT works like this....

* Wait for difference between bid and ask to be > your min. gain (say 3%)
* Place a buy order
* Lets say the market starts to top out, and the bid/ask difference falls to 0.1%
* CAT does nothing with your buy order, leaves it where it is...and you end up buying at a time when bid/ask diff. is very low.

I would like to see an option to check the % diff. on EXISTING buy orders.....so it would work like this....

* Wait for difference between bid and ask to be > your min. gain (say 3%)
* Place a buy order
* Lets say the market starts to top out, and the bid/ask difference falls to 0.1%
* CAT sees this and cancels buy order....and waits until diff. is over your min amount again

Simple to add. I appreciate this may end up taking longer to get buy orders filled but its another tool to prevent our biggest problem which is ending up buying at too high a price.