Quote from: mroth7684 on April 02, 2012, 07:16:08 PM

Is there a way to adjust the ask/bid ratio? for example all the bitcoin value asks are set significantly higher than the bids. I keep finding that the majority of my bitcoins get sold off into USD and barely get converted back to bitcoins to be reinvested. I'd rather have it set more equal to where it's buying and selling equal or simular amounts bitcoins.

Hi,

there are several parameters to adjust the ask/bid ratio:

The easiest are the reserve percentages: if you have significantly more btcs than $ and wish to keep the unbalance, then define a higher ask reserve percentage than the bid reserve percentage. Otherwise, the bot will naturally tend to balance both resources on the long run thus issue higher asks than bids.

Now this is because the inner order values are computed from the outer order boundaries, which in turn are issued automatically as the "Default Max Order" percentage of your available resources (accounting for your reserve percentages), and then dynamically increased by the "Volume increase factor" parameter or reset by the "Low resource reset factor" parameter while your available resources change.
You can also choose to manually define your outer orders as you see fit and control the whole distribution that way; just make sure that those last 2 parameters won't cancel your manual setup (for instance you may increase "volume increase factor" to prevent a small outer order being automatically increased, and decrease "low resource reset factor" to prevent a high outer order relative to the corresponding resource triggering a cancel)

Finally, you can also start playing with the inner orders distributions and pricer expressions, which can be defined independently for asks and for bids. i'm pretty sure there is some room for improvements in that section, and that the default asymmetrical expressions to account for linear order values are largely sub-optimal.

In any case, feel free to install the platform locally to do your tests as suggested earlier, since having to wait for each run is not very practical.

Cheers,

Jesse