Bitcoin Forum

Hello everyone,
I´ve got a Question about trading-bots. I looked around for a while and saw that there are many bots now. Has anyone some good experiences with a bot? Which one you would suggest?

Best wishes,
Jessi

I suggest reading through a few of them, picking your favorite strategy, and rewriting it in a language you are very comfortable with.  Then, you can tweak it as you go.  No bot is perfect, and the more bots that behave identically, the more profit there is to be made by tricking those bots.

I gave up looking at half-finished source code for other people's bots and decided I would have to code one from scratch to get it to work and hopefully make money.  Too big of a project for me when I have a full time job managing an enterprise infrastructure at work.

I think it tends to be the case that the good ones never see release.

looking for a c++ basic bot....
i know how to make a bot decide, how much it will invest (functions, classes, arrays, bools, etc... for generating a percentage risk and data management), but i have no idea, how to make it interact with Mtgox...

does anyone have a basic c++ bot, whitch can get data and simply buy and sell?

Someone should create a bot-as-a-service platform.
It would be highly configurable and customizable. Hell, for all I care, you could submit a short JS snippet as a "strategy" for your bot - that would be your "secret sauce" over your competitors.

You could add Genetic Programming to the mix.

Something along the lines of Covestor (http://covestor.com/).

Of course the downside is that you'll have to trust the person running the bot platform.

interacting with an api is the simplest of the tasks,  do a search for c++ send http post ,  libcurl

on bitcoin.it there is the mtgox API with examples

Thanks for your answers, but anyway they do not answer my question.
I am not a programmer and I am not able to do a bot on my own. If I would, I never have asked for best bot. ;-)

So, what are bots and where can I find them?

If there are no bots, maybe there is software around which is normally used by daytraders and which could be adapted for bitcoin which makes trading much easyer?

https://bitcointalk.org/index.php?topic=6019.0

https://dnnbitcoin.aricie.com/

Regarding Sierra Chart, I gave it a try, and it seem to make decicions a bit easyier, but I can not automate with that any thing, right?

And regarding the DNN-Aricie-Bot: I´ve got allready a test-account there, but it seem not to work in any way for me. I tried the defaults which did not work, but placed some asks for me with nearly no result. And then I modified it and it does not place any ask or bid any more. I am not sure if it is working or at early alpha stage? Someone expierences with it?

Do you understand how DNN-Aricie-Bot works? I never used it (and I'm not sure if it is working 100%), but I think that the default algorithm is to place a few bids/asks around currency prices and try to profit from the price swings. If there are no price swings, you probably won't see a lot of action...

Regarding other bots, there are two main issues with using someone else's bot:
- An open source bot will not be very profitable (it probably won't be profitable at all) because other people can take advantage of the pre-defined strategy and trick the bot into making wrong decisions.
- Most bots need constant adjustments to remain profitable, so if you don't understand the code you can't make these adjustments.

Because of these two points most people end up writing something themselves with a more personalized strategy.

I understood that the Bot places some asks "over" the actual price, but in my example it placed it with such a large distance, that it wouldn´t be reached over weeks. What I would like to see are placements only  >5 and <10 Cent difference to actual prices and fast updates if the price changes and/or buys/sells are done for example. I do not understand this bot good enough to do such setting to give it a try...

There's a python bot called liquidbot or mabye liquiditybot on github.  It does just that.

I've actually got that... apparently it's using a deprecated MtGox interface now, so it might break in the next couple of months (March 2012 is when the deprecated interface is apparently going to go away).

That's true, but it's not hard to update to the new authentication scheme.  Of course if you can't program it may be a little harder, but necessity is the mother of invention.  Regardless, you will go broke quick if you can't tweak you bot.

Or I'll update it for you for 5BTC... Pm me if you want to go this route.  I can have it done before Monday.

My Chrome extension is among the best right now fro two reasons. It's solid code packed with features, and I offer free personalised support over  phone, chat and email to help you with setup and initial operation as well as any questions you may have regarding the bots logic or operation.

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5. The bot now displays a beautiful graph to show you the trend.
6. There is an arrow on the display showing whether the trend is going up or down.
7. The bot will EMAIL YOU once a threshold has been crossed and once a trade has been made (beta), please note you need a FREE account at postmarkapp.com, which grants you 10,000 free emails, thats about 8 years worth of free bot operation.


Upcoming features include:

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As long as the bot keeps selling we will keep adding features and taking requests, we hope to make this the best bot out there!

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Pablo.

my trading bot is the best... I'll sell it to you for 1000BTC

I worked it out and if you had run my bot for 5 months from November to early April a $50000 investment would be worth about
$1.2 Million...

You'd be a fucking millionaire with my bot, and I'm prepared to sell it to you for just 1000 BTC!!!

I love a buy and hold bot!

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Don't want to put your project down but at least change the UI a bit, it is obvious you pretty much stole most of it from the google app that is available (I apologize if you are the google app dev).  I am not saying that is a bad thing whole heatedly, you added email notification which is cool but for almost 1 BTC, better get more features then email notifications.

The buy/sell threshold 1 and 2 is confusing... Call them what they are... a notification threshold and a buy/sell threshold.

Also adding logging or "test" mode would be nice so people could test your bot before they use it.

Add some value with advanced "normal" trading, like stop loss trades or something.

Challenge Accepted! Check out the stills and features of the new bot; OUT NOW!

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Thread: https://bitcointalk.org/index.php?topic=197175.msg2051530#msg2051530

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https://i.imgur.com/ZphkleZ.png

https://i.imgur.com/Rj4Dkit.png

https://i.imgur.com/6Ma6cAs.png

Any questions? Please email me:

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