Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [MCL] MiracleCoin | No ICO | Proof of Faucet distribution | Traders Coin
by
MiracleCoin
on 06/11/2014, 11:45:16 UTC
Hi guys,
I am happy to announce that the first trading bot is ready. It took me quite a while to code this sellbot. I apologize for not being able to accurately predict the time needed to develop it. Github and windows wallets have been updated. Here are the steps how to use the trading bot:

Steps in using the trading bot:
1.   Go to Settings -> Options -> Bots tab
2.   Enter your API Key and Secret that you can get from Bittrex website (Go to Settings -> API Keys) and save settings
3.   Go to Bots tab and choose which coin you would like to sell
4.   Choose “Total sell limit (BTC)”, i.e. total amount of coins in BTC that you would like to sell
5.   Choose “Set a sell order limit (BTC)”, i.e. the size of each individual sell order
6.   Choose % of deviation between individual sell orders
7.   Click “Trade” button

Sellbot is doing the following – bot is putting a sell order that is 1 satoshi lower than the existent lowest sell order. If someone is putting a sell order below sellbot’s sell order, sellbot is cancelling its sell order and puts another sell order that is 1 satoshi lower than the existent lowest sell order. If sellbot’s sell order has been fulfilled sellbot is putting new sell order that is 1 satoshi lower than the fulfilled order. This process continues until “Total sell limit (BTC)” has been reached.