Bitcoin Forum

what is AutoChange?
AutoChange is a website with automatic trade bots for Bitfinex and Okcoin BTC futures, made by the Pinkcoin team. They have a winning strategy coded into the logic, one could run these with almost 0 trading experience, you can let them run 24/7 all you need to do is:
1) fund your okcoin futures account, or bitfinex. if you want to run multiple bots, youll need seperate exchange accounts, and seperate API keys. https://www.okcoin.com/?invid=2028202
2) create an api key
3) create an account on AutoChange here https://auto.exchange.pink/register/d23/
4) tutorial video here on how to set up the bots if youd rather watch a video http://youtu.be/h3clvEblFHE
5) click configure on the bot youd like to run, under out put and output debug click enabled, under market select btc-usd (this is the only currency bot will trade ATM), plug in your api keys, for okcoin bots bernanke and penner select the leverage youd like to use, type in how many contracts (for okcoin) and btc for bitfinex you'd like the bot to trade per entry (bernanke and yellen will place up to 4 orders per entry sometimes, penner and procopius will only place 1 order per entry). ideal stop loss and take profit settings are as follows:

Bernanke on 10x i run -15% stop loss and 8-15% take profit depending on market conditions. ive found its best to not get greedy and take profits as they come. trailing stop 0
 
Bernanke on 20x i run -30% stop loss 16-30% take profit depending on market conditions. trailing stop 0

Penner on 10x i run -15% stop loss and 20-60% take profit trailing stop 0

Penner on 20x i run -30% stop and 40-120% take profit trailing stop 0

Procopius i run -3% stop and 3-8% take profit trailing stop 0
 
yellen i run -3% stop and 2-4% take profit trailing stop 0

trailing stop works as follows: say youre running -15% stop 10% take profit and 5% trailing. if the price hits 15% or more profit and retraces down by 5% the bot will take profit

Do you have any back testing to share?
yes here is a video of Bernanke's trade log over 3 days showing 32% net gain on 10x http://youtu.be/ZGrBPqHm8v4

How much do the bots cost?
They are free to run for the first trade, after that you will need to deposit btc on your auto.exchange account. the bots cost 20% of the profit they generate the user, which is deducted off the users auto.exchange account automatically once the bot wins. we can not and do not touch users funds on their exchange account.

Feel free to join us on Slack to discuss the scripts and system. Request an invite from @pinkcoinlottery

first!

i must ad this is a really good bunch of bots!

This is an interesting bot.  I've been using it for more than 24 hours.  No profit.  Just a reminder to use risk management and proper bet sizing.

Also, you should make a new account for https://www.okcoin.com , this is so that it doesn't mess up with your trades.  And you need to make multiple accounts for each bot.  (Using your own referral link is also against the TOS).

referral link - https://www.okcoin.com/?invid=2033157

Very interesting.


Will have a looksy

Can you explain what trailing stop does?

Okay I watched the video but I have 1 question.

For the bot Yellen, at the confirgure page you have the option ORDER: with 2 fill in boxes.

What do I have to fill in @ box 1 and box 2?


Please tell me, thanks!!

You only need to fill in box 1.  But it would be better to just fill in both the same number.  It's to give it a bit of variance.  Make sure you don't bet your whole bankroll each time.

Thanks so I could fill in 0.1 and 0.1 for 1   0.1 btc order per time?

Yup.

Nice thx for helping me out.

Now lets start and see what happens :P

trailing stop works as follows: say youre running -15% stop 10% take profit and 5% trailing. if the price hits 15% or more profit and retraces down by 5% the bot will take profit. i updated thread to show this.

Whats the minimum btc I can test bernanke successfully with ?

Is 0.2 btc enough ?

yes .2 is enough. we suggest trying bernanke or yellen out if your a new user, as they will open more trades. run the suggested settings above, give it at least 3-7 days to see how you like it. if you do feel free to up the amount traded.

Error #311-20008: Futures account balance is too low

contracts are 0.4 right ?, guess I need to fuel with more testing btc for bernanke

Nevermind, figured it out. Lol had to fund first

finex has 3 different deposit addresses, exchange, deposit, and trade. Which one do I deposit to in order to use the bot?
what is the minimum deposit to make it work?

Okay I've got the Bernanke bot running will give it a week and report back the results.

I've configured it as follows:

Leverage 10x
Contracts 10 - 0
Range -14% - 9%
Trailing Stop 0


and here we go...

2015-02-08 01:09:39 Starting...
2015-02-08 01:10:04 Settings updated.

Doh! When you guys get a chance, I've got a withdrawal pending. I sent too much BTC to my AutoChange account. lol You don't tell us which Bitfinex wallet to use, I suspect the "trading" wallet, but I'm not positive.

Yes, it is the trading wallet

did not do very well for me overnight!!!

0.35 down closed 50 contracts with stop loss...
closed 0.3 down yesterday also! -0.7 now!

-14 is too tight for the quarterlies!

Just had to quickly up it to -30/40 to stop the stop loss losing more again on that tight squeeze!

It seems a little slow to react.

I have it on 2 x ok coin and a bitfinex, seems to be going the wrong way for all of them, was in a little profit last night, but had 10% profit, only reached 9.96% then stop loss kicked in a took it all...

I like the idea but its not working too well for me at the mo...

please keep in mind this bot isnt a magician. if the market is extremely sideways and choppy like it has been the last 24 hours its best to shut it off and turn it back on when market is trending more so in one direction.

definitely agree with this.

its picked a few good good entry points today, so nearly got last nights loses back.

it would be great if it made every trade 100& profitable.....

i've set stop loss for -50% at the mo just using smallish trades as its so choppy.

thanks again for building this.

have you any plans to expand i.e. it would be good to be able to continually make small trades as the market is moving in one direction, e.g. taking 1-5% profit as the market is rolling...

I understand this bot requires BTC to be deposited for it to continue working after a profitable trade. However something must be done about the consistent losses and compensation against the BTC for it to be balanced so the bot really takes BTC when it makes true profitable trades. After about a dozen trades this bot has made a deficit in the trading account I am testing on. To me personally, it makes absolutely no sense to deposit additional BTC if past trends continue on the bot which I will lose BTC to use the bot when I make one profitable trade after 7 negative trades. So I lose BTC running the bot while it is making me lose BTC.

It's Definately works for me at the moment...

 ;D

Just found a problem.

It's not closing out trades now?

Have you changed something?

I dont know but I am noticing that my bot is finally making a profit ( i think ).

I think settings were updated but twice it has outputted it has closed x trades at x% but I had to manually close trades.

I think as the op said need to give it a week or so with small trades and see the average.

It won't turn a profit every time, but overalls should do...

Exactly the same experience for me, started it Friday and looked at the results today (Monday) and my overall balance on OKcoin is down, the bot makes one good trade after several bad ones and then the bot stops working and demands money to keep going?
No thanks.

If it asked for money when the overall balance of the account is up, sure.
But this way, no thanks.

I agree the bot should only take money for trades when in overall profit from all trades and nothing when running at a lost.

If they are confident in their bot's performance over time this should be no problem to instigate, otherwise they are asking traders to pay them money for the privilege of losing them money!

pretty sure we would all love that

Would be nice not working a having a script earning your wages lol.


So this bot still takes money on losing trades?

Mmm didn't see that, think that will stop me using this.

I'm just testing right now, but it should be that % of winning trade is ok, but not on losing trades.

It will only encourage further development if that was the case to make it as solid as possible.

I can confirm that issue too, not closing out trades properly on bernanke.

In any case, the bots are going great for me so far. got 50% off penner over weekend. and bernanke made a good trade this morning as well (just had to manually close it).  Will see how it does over the coming weeks  ;D

can the op say what indicators it is using?

ie volume or....

"I understand this bot requires BTC to be deposited for it to continue working after a profitable trade. However something must be done about the consistent losses and compensation against the BTC for it to be balanced so the bot really takes BTC when it makes true profitable trades. After about a dozen trades this bot has made a deficit in the trading account I am testing on. To me personally, it makes absolutely no sense to deposit additional BTC if past trends continue on the bot which I will lose BTC to use the bot when I make one profitable trade after 7 negative trades. So I lose BTC running the bot while it is making me lose BTC."

we listened to our users and decided to reduce fees to 20% of net wins. there is a bit more coding to do as we are working on how we can optimize the profit/loss calculations, when it is settled etc.

That's good news. :)

Did I you have a look at benanke not closing trades?

we patched the bots last night. okcoin had an issue with bernanke closing some trades. please stop the bot, clear the view log, and start him again this  is fixed. lastly not sure about you guys but my penner made 19% last 24 hours. profit peaked at 21% on 10x.

2015-02-09 19:48:37 Starting...
2015-02-09 19:49:02 Settings updated.
2015-02-09 19:49:03 Position #1421114942 -15% <= 18.94% >= 14% (14%)
2015-02-09 19:49:03 Closed 10 contracts @ 18.94%
2015-02-09 19:50:04 Position #1421114942 -15% <= 18.99% >= 14% (14%)
2015-02-09 19:52:03 Position #1421114942 -15% <= 18.94% >= 14% (14%)
2015-02-09 19:53:03 Position #1421114942 -15% <= 18.57% >= 14% (14%)
2015-02-09 19:54:03 Position #1421114942 -15% <= 17.91% >= 14% (14%)
2015-02-09 19:56:04 Position #1421114942 -15% <= 17.87% >= 14% (14%)
2015-02-09 19:58:04 Position #1421114942 -15% <= 17.91% >= 14% (14%)
2015-02-09 19:59:03 Position #1421114942 -15% <= 18.01% >= 14% (14%)
2015-02-09 20:00:03 Position #1421114942 -15% <= 18.24% >= 14% (14%)
2015-02-09 20:01:04 Position #1421114942 -15% <= 17.91% >= 14% (14%)
2015-02-09 20:02:03 Position #1421114942 -15% <= 18.38% >= 14% (14%)
2015-02-09 20:04:04 Position #1421114942 -15% <= 17.82% >= 14% (14%)
2015-02-09 20:05:04 Position #1421114942 -15% <= 17.31% >= 14% (14%)
2015-02-09 20:07:03 Position #1421114942 -15% <= 17.77% >= 14% (14%)
2015-02-09 20:08:03 Position #1421114942 -15% <= 17.82% >= 14% (14%)
2015-02-09 20:09:04 Position #1421114942 -15% <= 17.82% >= 14% (14%)
2015-02-09 20:11:04 Position #1421114942 -15% <= 17.82% >= 14% (14%)
2015-02-09 20:12:03 Position #1421114942 -15% <= 17.82% >= 14% (14%)
2015-02-09 20:13:03 Position #1421114942 -15% <= 18.57% >= 14% (14%)
2015-02-09 20:14:04 Position #1421114942 -15% <= 18.71% >= 14% (14%)
2015-02-09 20:16:03 Position #1421114942 -15% <= 18.71% >= 14% (14%)
2015-02-09 20:17:03 Position #1421114942 -15% <= 19.41% >= 14% (14%)
2015-02-09 20:19:04 Position #1421114942 -15% <= 18.75% >= 14% (14%)
2015-02-09 20:21:03 Position #1421114942 -15% <= 18.38% >= 14% (14%)
2015-02-09 20:22:04 Position #1421114942 -15% <= 18.38% >= 14% (14%)
2015-02-09 20:23:03 Position #1421114942 -15% <= 18.38% >= 14% (14%)
2015-02-09 20:24:03 Position #1421114942 -15% <= 18.66% >= 14% (14%)
2015-02-09 20:26:03 Position #1421114942 -15% <= 18.01% >= 14% (14%)
2015-02-09 20:27:04 Position #1421114942 -15% <= 21.04% >= 14% (14%)

So far, I've only had 0.015 btc taken from me.  I'm at a loss now, but I think it might have been slightly positive for a bit.  More BTC haven't been taken from my account.

This is an excellent idea

this is a fucking terrible idea. trust your money to a bot some other person programmed. take responsibility for your own freakin trades!

jesus people.

Started using this bot over the weekend.

Must say was loosing money when it was going long.

I have never done any futures trading so was great to get into it this way.

I have found the bot great if you cant sit and watch all the time.

But when I can watch the trades I tend to have bot running as backup and am always changing the % based on trends I am seeing.

I would like the bot to be more real time. I lost a few trades because of its slow refresh.

Though over all like this little bot and its given me new hope in being able to trade.

So thanks to all the guys behind this project.

Also who can I contact regarding BTC transfers? I would love to keep it but you sent me too much. about .2BTC when i did a withdrawal from autochange over the weekend. Let me know where I can send it back too. Cheers

Seems to me that taking a cut out of the net gain on the account say for 24h periods, not individual trades, would be more fair. I'm down on my trading account and the BTC deposited on the site at the moment after several days running. Refresh rate also needs to be improved. I've watch my profit taking percentage be reached on trading acount and disappear before the bot has updated. Using Bernanke with recommended settings btw.

Yes I stopped with this bot for the time being.

Yellen was bleeding my BTC very slowly and taking a fee whilst the total is a loss.

So its a double loss, ill wait untill this is fixed and probably ill use Bernanke since that sounds like a more profitable bot.

were working on speeding up the bots profit/loss check. a few days ago it actually worked to our advantage during a dump bot was short @ 225 and price dumped to 212 really fast we made 32% even though TP was @ 15%. thank you for the honesty please contact https://twitter.com/pinkcoinlottery. also i reccomend to anyone interested to join our slack chat you can request an invite @ the pinklottery or give me your email and i will invite you.


"Seems to me that taking a cut out of the net gain on the account say for 24h periods, not individual trades, would be more fair. I'm down on my trading account and the BTC deposited on the site at the moment after several days running"

we are working on a system like this currently. again one the market is trending more you should see a nice profit. ive been running this a month now and i am at a nice profit even counting this sideways chop.

"Yes I stopped with this bot for the time being. Yellen was bleeding my BTC very slowly and taking a fee whilst the total is a loss. So its a double loss, ill wait untill this is fixed and probably ill use Bernanke since that sounds like a more profitable bot"

id suggest running the bots on 1 contract or .02 btc until you get a feel for them. youre not seeing what theyre capable of by only using them for a couple days. the pink box shows how long the bot has been live. https://www.tradingview.com/x/6nmmis2U/

From what I understand you're taking a cut off each profitable trade. This doesn't make sense because we would not get money back when we lose, we'd only lose money from gains. Until this system changes I don't think putting serious money into this makes sense. An overall 5% gain over a day could end up being break even just because the losses countered the gains (all gains lose 20% currently). I'll maybe put a bit in but not a lot unless at least a week's profit is taken into account per profit settlement with AutoChange. Do you see how that's kind of unfair?

we will be pulling bernanke and yellen off the site soon so please switch to procopius for finex or penner for okcoin. penner and procopius have outperformed the other bots. refer to my first post on settings. enjoy ;)

Thanks for your honesty, guess I gambled wrongly on Yellen :(

Ill start procopius and well see :P

Since I couldnt find it in the thread before, what does the error "Error #196-502 mean"?

I am getting this twice in a row ?

2015-02-11 10:26:37 Error #196-502: Syntax error/invalid response.
2015-02-11 12:04:37 Error #196-502: Syntax error/invalid response.

Using Procopius

Please advise.,

thx,

this is a normal thing that happens, it's on the exchange api side.

Thx for letting me know!

bernanke shows "depreciated" but it still opened contracts?

can you let us know what's up.

i cannot turn it on or off now, so will it keep opening contracts?!!?

we are removing bernanke and yellen from the site thats why. he will not open new orders you can manually close the orders he placed. please use penner for okcoin and procopius for bitfinex from now on.

Now both bots are closing trades at -% no where near my stop loss?

What's going on with this? It closed trades on bitfinex and ok for no reason? Both at loses.

was this procopoius or penner? they will go from long to short and vice versa with confirmation. with the chart being literally sideways obviously this is going to cause the bot to be "overtrading" i suggest taking profit on penner at 5-7% for now until this sideways is over. i made 2 profitable trades the last 48 hrs doing this.

sideways is over. time for penner and procopius to shine. http://prntscr.com/64ny9z

why is my withdrawal taking so long? username is kryptopojken

trying to pull my money off the autoexchange payment, it's not letting me. Please respond, my name is the same as my forum name.

withdrawls are processed manually at the moment. we will get to it.

Tonight I tried to use Benner, I had a small credit on your bot and after a few hours I'm suddenly -0.03 without opening any trades!!!!!!!!!!!!!

FIX THIS!!!!!!!!!!!

looking into it.

whats your username on auto exchange? also i do not reccomend using benner he is a new concept were testing. use penner or procopius.

My user ID is the same as here. Fair enough. However I would not have thought that experimental means what happened with no trades opened and a large charge.

you were running both Penner and Benner and it appears it duplicated all of the charges on the account. I have removed all the duplicates.  account balance is now: 0.02602095  do not use 2 bots at once on the same exchange account. use different accounts and different api's

Hmm, let me post a statement first before I disagree...

I was running Penner, then stopped that bot completely, then started using Benner. I did not run them both at the same time!

Unless you are saying that you can never use a bot with the same API twice, even if one is inactive, in which case, that sounds a bit limiting, but perhaps fair enough

Erm, I just started Penner, no other bots were started and now showing a balance of -0.00575318 BTC. No trades have taken place by the bot or by me!!!!!!!!!!!!

What is going on here?!?!?!

EDIT: I've also requested an invite to Slack so that any future problems can be bought up there, instead of adding to this thread with what could be teething problems. I've also set Benner back to Default settings now so that my API details are not on the second bot.

whats your email ill add you to slack

Sent you a PM

Can you still take a look and fix the problem in the mean time?

Buy long now leverage x20 and you may win big when we cross 300$ next week ;D

I've made a withdrawal from the bot account, and have been waiting nearly 24 hours!

Please look into this!!!

whats your username? they are processed manually, ill make sure we get to it

I am also waiting on a withdrawal, same user name.

Alright, this is the second time I'm asking. Please, I'd like my btc back—it's been over a month. My username is the same.

This is looking increasingly dodgy. Please process the withdrawals

working on it.

they should all be processed within a few hours. sorry for the delay we work on several projects at once.

Alright, this is the third time. I want my remaining btc now.

the last of them were processed last night. did you get it?

No, unfortunately it's still there.

testicles - the last withdrawal you requested was the 13th and was processed same day. i think you wanted to withdrawal the remaining balance, but without another withdrawal request we dont have your btc addy on file.

Right, I requested it again. Thanks.

Hi there, have sent a new withdrawal request, username ElvisTrout, please process

i have never really used any kind of exchange bot in the past can you please tell me if its worth it and risk free ? .. i can understand nothing is risk free but as you state there is a winning strategy built into it how much chance do we have on actually making some profit ?

elvis and testicles did you get your withdrawals?

The site is not reachable. It this only for me or does it affect all ?

Nope, still waiting




try this site http://www.downforeveryoneorjustme.com/

elvis your last withdrawal request was a week ago for 0.001 BTC, it was initiated within hours

Ok well I have sent multiple requests, perhaps with a requests already pending it doesn't register new ones? I tried withdraw the total balance. I will send another request. But if that doesn't work please send remaining balance 1.9573254 btc to address 1DPJDuAw12TSP4WZ6ix31LNJn8LNy2MbAD

Greetings! I just wanted to mention that I could withdraw my balance within 24h. It was yesterday or so. It was a small amount of 0.2btc , and I did it just to check it.
I did not tried any of the bots yet but I probably will if they will not take money on losing trades. Good luck with the coding!

looking into your balance elvis

elvistrout you did another withdrawal a few days ago for 0.001 again
http://prntscr.com/6mis9r
you are requesting the default,  put the full amount in that field.

Ah I see that now, thanks, have requested again

Check your pm autoexchange . thanks

Is there a way to set aside part of your balance so that the bots will not use it for trading? I'd like to trial one with less btc than I had transferred.

thanks

there is no way to do that. all you need to do is only send in the btc you wish the bot to use on auto exchange

Okay. I just withdrew again, why is the manual isn't one of bitcoins main attributes is to make it easy to move it around? Please let me know when it has been processed. Thanks

Will see what happens. Thanks for postig

Got it figured out now, total balance up 10% so far.


https://auto.exchange.pink/register/ddq/