Quote from: Hamuki on August 15, 2016, 05:49:54 PM

Quote from: mohamedzaki on August 15, 2016, 03:01:35 PM

Hello Sampey and everyone. I have a question. first of all I love the bot and it really do what is told to do and gives you a lot of options to customize it to your need. first I set it up to have a ping buy with default profit (0.6) with half of my wallet and ping sell with the other half. it was working well for a while then it kind of stopped trading when the market trended down. then I discovered the sell all when price drops below certain percentage option which is like a stop loss. the fact that the opposite trade which is sell ping is working on the opposite direction is good but now when the market goes back up it will start doing buy ping pongs again but now the sell pings will stop as it will never hit the sell pong (buy). so guys what do you have in your settings to solve this issue which is simply market moving far from your pong price.

Personally i dont use half of my wallet on ping and half on pong: if the market goes far away (up or down) you would be cut off. I subdivide my wallet in little steps (both buy and sell) so in case the market goes too up or too down i still have money to invest. My motto: keep calm and ping pong: soon or later the market will go back to your range and you will be surprised to see your old pings/pongs alive again...while you wait have fun with the other ping/pongs you created on different ranges.
Talking about btc/usd pair tho...doing this with some alts is EXTREMELY dangerous...
My 2 cents...
~Hamu

Thaks Hamuki for your reply. In fact I am interseted in setting the bot to do a kind of automatic trading that is kind of follow trends and make use of price swings. by default, in a trending up market there is no issue as the bot will hit the pong and create another ping buy and so on but when the market trends down I will have to stop the ping by enabling sell all at certain precentage. but again how will the bot buy again ? does anybody here have an idea on what should be done when the market trends ? please dont tell me to switch off the bot

it might be helpfull as well to post some success stories and recomended settings and tweeks you professional traders have on your bot.

mohamedzaki

Posts

Merits