im sorry but i must disagree, i dont really care about USD what im trying to get more of is BTC
i foresee the value of USD declining in the future and the value of BTC increasing thus i want to acquire more btc , not dollars
I guess simple trade bot does not implement shorting btc positions. It only supports long positions. The stoploss feature only works for longs, there is no way to stoploss your shorts. The way the benchmark is done is also only for longs in the way it calculates profits. At the start of the benchmark the position is always sold, etc.
Regards, Rob
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BoardProject Development
Re: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic]
Hi, Dont turn both tabs on in bitstamp! One api per currency pair, there is only one pair at bitstamp. You will overload the api and get banned. Yea there are issues with bitstamp sometimes, I am not 100% how to solve them. Check the "support" tab at the bottom and see what it suggests.
The bitstamp website states that one is allowed 600 requests in 10 minutes, that is 1 request per second. I don't think the trade bots ever get even near that amount.
Regards, Rob
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BoardProject Development
Re: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic]
by
robkaandorp
on 04/12/2013, 10:47:40 UTC
I have bought simple trade bot yesterday and am tinkering with the settings. Up to now i haven't been able to get it working properly, due to a couple of things:
(I am using Bitstamp/btcusd)
First you have to select the market in both the trade bot tabs, or else you get a bunch of 'object reference' errors in the debug log and the currency data and graph will not be updated.
When the bot tries to buy the order often does not get processed at the exchange, however the bot thinks it went okay. I noticed that for the trades that did not come through the debug log states: 'Order accepted, received id: 0', where a trade that does come through the received id is a proper trade id. The transaction log on bitstamp does not show the trades that got an id '0' back.
Anyone else with the same problem?
Also, the column that displays your profit after a trade seems not to take the tradingfee into account. Is that intentional?
MtGox is not on the list of supported exchanges. As it is the largest btcusd and btceur exchange at the moment, I would like to be able to use it. Or is there a reason it is not supported?
I think I would like to know WHO exactly gets the transaction fee?
The fee goes to the miner or mining pool which finds the block your transaction is in. In the end, when block reward is void the transaction fee will be what keeps miners mining.