In using the bot over the last month for the first time the bot has made -
6.088% earnings per period, $0.27942 total earnings, 6.088% total earnings, -0.17068% total earnings fixed price, -3.386% total earnings fixed price $.
Also it looks like it hasn't made a trade in nearly four weeks. I understand the market has been very steady recently but is this normal or is it because I'm using CryptoXchange. If so would it be better to use MtGox as the exchange or do the settings need changing?
Hi,
your earnings depend quite a bit of your original balance. If you entered with btc mainly and the market moved up mainly, then the bot could be outperformed by just holding, as overall you may have sold more than you bought.
If the price falls again then your bot will start making a earning. Now this is if your balance is properly balanced while the price move across your trading band, which might require manual tweaks to the outer bounds during particular move sequences or narrow bands, and I see quite a bit of variance in the MtGox bots depending on the time when they started and their original conditions. Generally it is quite safe to keep a balanced hand of btcs and $ and outer bounds far apart from the current ticker. The bot will aim naturally for this position equilibrium, but the pace at which the bot fits the trading band could be arguably improved to prevent certain out of bounds oscillations, just as frequency analysis could probably help too. Any help welcome there.
Now, I'm not sure about Crypto X Change.
My bot (JSB) had strange orders executed at some point (see the
spike on April 6th) but it seems ok overall and I had orders executed during the last rise. What does your history say ?
Cheers,
Jesse