Bitcoin Forum

I know I will have a lot of people screaming about how this is my first pose scam-er alert ect ect.  I've seen it happen a lot, but anyhow.

if anyone is interested in testing out my bot go to www.ouroboros-software.com/forum/viewforum.php?f=55&sid=ec6b32ae3ac7cd93c1cc88f8a578f23b

feel free to run the link I provided in a sandboxie if you want, there is no malicious software there. I am trying to start my own software company so I wouldn't do that.



Ouroboros

Just decided to open up the beta to everyone and not just a limited one.


dracolumina

Bot is approaching first release.  Of course it will continually be updated with features that are feasible that users request.  And the best part is, its free.  I will even provide the source code on request for anyone who wants to look at it, altho I will admit it is a bit messy right now.



Dracolumina

I will take a look at this ;)

what did you find?

yes what did you find.  Need to get some good reviews heh.



Dracolumina

Hi,

Thanks for your work! Can you explain what this bot actually does? Is it an algorithmic trading bot?

hello!
I have an error in the program. PM sent
Looking forward to hearing from you seen

its a EMA based trading bot that is fully customization with two sets of EMA duration, a buy and sell threshold.  a buy over and sell under amount.  Poll frequency with an amount to sell set for gh/s.  Also has a ticker bar graph that updates every time it polls.


Haven't gotten your PM yet.  Will look into the error when I do, but its going to be a little slow, dad just had a stroke and is in the hospital.


Dracolumina

Hi,

The algorithms based on moving average differences and/or crosses are I think famous for generating false signals and causing more loss than profit to the investor. Am I the only one who cares algorithmic trading much enough to implement something advanced in a trading bot?

Anyone having any luck with this?

Everyone will say thet there is no malicious software there :D

I realize that the EMA crossing will cause false positives, which is why I implemented the thresholds where it will only buy or sell if it crosses the EMA AND the threshold.  I am looking into adding more checks to minimize loss as well.  Just haven't been able to do much lately with my car blowing up and dad having a stroke.


Dracolumina

Take a seat, will go back to look at it later. 8)

Did someone with some experience review this bot already?

Shameless bump for the program.  Been updated to work with the new fees

I have this installed and running right now, will report back when it does something.

Cex.io the company behind Ghash.io offers cloud mining.

Do not buy this. You will end up mining in the Ghash pool which is nearing 51% hash rate of the total network.
Which, in simple language, gives certain people the ability to perform a mass fraud (double spending) in bitcoin.

And you need to go back to the start of this thread and read again.

1/ It is not for sale it is free
2/ It has nothing to do with mining its for trading

That being said, I cant get it to work, it wont trade and it wont re-invest for me, so not a very good start is it.

Cheers
Mark

Is it just not loading? what settings are you using.  There have been quite a few people that got it to work, and I really need to make a howto page.

Someone had a similar problem with theirs not showing balances and stuff.  they fixed it by putting it in its own folder on the root of drive C:  And you also need to have enable trading set.  If you just want it to reinvest NMC you need to set the Sell over and buy under thresholds real high.  and the Buy over and Sell under amounts is what is to be added or subtracted from the price of the trades when they are posted.  IE if it is going to post a buy order for 1 ghs for 0.0068 it will add the buy over amount (lets use 0.001 as an example) it will post the trade for buying at 0.0078

Ok i have moved it to my root but still no balances I have also adjusted the values to try and re-invest the NMC but I dont really understand what you are telling me to do, perhaps show us an image of what it should be setup like ?

http://bitcoin4profit.co.uk/img/bot2.png

hmm, only thing I can think of now is your API settings on CEX for it not showing balances.

My settings for the sell over and buy under are set at 0
I set it to poll every 30 seconds
with a threshold sell of 0.02
with a threshold buy of 0.05
auto cancel on every 30 minutes (to release the orders so your funds are not tied up if there is a huge market change)
short EMA of 2 (1 minute price change.  Poll times short EMA value)
Long EMA of 20 (10 minute price change. Poll times Long EMA value)
Amount of GHS to sell is whatever you want the maximum per Sell to be.

To keep it from buying GHS set your Buy threshold very high.
To Keep it from Selling GHS set your Sell threshold Very high.

Enable trading checked, Reinvest Checked.

the way it works is the thresholds follow the long EMA line by whatever you set it at.  uses percentages and 0.02 is 0.02% price differential.
if the short EMA goes above the Sell threshold it places a sell order for Either the amount GHS to Sell OR whatever the last buy order was placed at.  Whichever is smaller.
if the Short EMA drops below the Buy threshold it places and buy order for the amount that you can afford.

Example.
Lets say that the Long EMA is 0.0068 and the short EMA spikes over it to 0.0070 (assuming that is where your Sell threshold is at).  it will create a Sell order at 0.007 + the value that you have in the Sell over amount.
Using the same EMA if the short EMA drops below 0.0065 (assuming that is where your Buy threshold is set at).  it will create a buy order - the value that you have in the buy under amount.

I am currently working on version 2.0  of the bot which will add the functionality of deciding which pair you want to trade with. IE you can do ghs/NMC so your BTC is untouched. as well as setting limits of how low or High you want your GHS to go.

Ok bottom line here is that im a prick !

I set the API up but didn't activate it.... yeah you can all stop laughing now ;)

Anyway is that setup right to ONLY re-invest my NMC it wont go buying and selling GH/s will it ?

Thanks for your help....

http://bitcoin4profit.co.uk/img/bot3.png

Set your Buy and Sell thresholds to something like 10.00.the settings you have right now would still try to place orders if it crosses the thresholds and add 1 BTC to them so would be trying to buy and sell for 1.007ish BTC per GHS.  Where that might work for the sell portion, I don't think you want to place Orders for buying GHS for 1btc.

NMC is a little buggy right now.  it will still do orders but I didn't code in the fee for it so it might not reinvest the NMC untill you get around 0.01 NMC


and not a problem for the help.  Its actually letting me get some of the stuff explained so when I do get around to making the howto webpage I can just copy and past what I've already posted.

I will let you know what the NMC does

Thanks
Mark

source code?

source code can be found at http://www.ouroboros-software.com/Downloads/

its a month older than the release tho and its a mess.  Haven't taken the time to upload the newest code.  Going to hold off on that till I get version 2.0 out then will update it.

How does the bot cope with the recent introduction of transaction fees by CEX.IO?

I have it calculated before it puts a buy order up.  Its not perfect right now and sometimes the math doesn't work out for small amounts.  Will be fixing that in version 2.0.

Which I hope to have out in the next week or two