Here we are getting ready to tie off another month which is when I make my bi-weekly recordings to track profit and loss on my investments...

So my question to the general public is... (for those of you that have been "consistently" running your bots for measurable periods)... what was your profit for the month of January.

My profit so far for January has been 26.77%.

Thats what the backtest feature is for.

Sorry that that isn't a direct answer to your question. I am sure there probably is a way to obtain the historical data... but the most efficient way to configure your bot is with backtesting. However until you can customize the date ranges and your starting funds USD/BTC then it requires a bit more of specific understanding about how EMA crossover trading works in order to discover what works best.. and then remember that what worked 1 year ago and 1 month ago may be radically different...

 

The secret in a sideways market (TSL or no TSL) is to have your bot set properly for the sideways market condition... this goes back to what I said a few pages back about having your week and month backtest balance each other out. (which will be easier when the custom date ranges are implemented)
 

Good EMA with proper threshold settings... everything else is just that... everything else.

Hey Pablo... This may be obvious but in the backtesting engine the starting fund needs to be able to be set to BTC as well as USD in order for us to backtest correctly.

Custom date ranges and the ability to switch between coin and cash will make the BB backtest the best ever!

Simply because I see this ALL the time, and I get asked all the time.... Yes Butter-Bot DOES work. It works pretty damn well for an EMA bot!

You simply need to have it configured correctly and adjust your settings for the market that you are currently in (for instance this has been a sideways market the last month)...

Keep your settings current (the new custom date ranges in back testing should help with that greatly although I caution that people don't go "crazy")...

and on a completely different topic... this last week I saw a 30% profit playing arbitrage between BTC and alt coins... I am hoping that we will see some of these automations quickly get into BB!

check mic... check mic.. is this thing on? testes testes... 1... 2... 3??!!??!!

I have been away for a few days... and I come back and find a preview for a custom date range in backtesting! Holy $*iT!!

I can't love that enough...

and then my heart just sinks because I have been reading all these posts here and while I am not going to call out any names... I am gonna suggest that if you really don't know what you're doing... save yourself the lost money, heartache and just forward your coins to my addresses... thanks! I will look after them for you.

BTW... I have had some decent results perfecting my TSL only strategy but then I got totally sidetracked by dogecoin trading on cryptsy! And I must say... I can see some REAL potential for butter-bot upgrades to incorporate alt-coin arbitrage with BTC...

I have made some nice profits the last few days in this suck ass sideways market!

hopefully we will see some good things in these upcoming updates.

disabling the bot is just so that when the bot is re-enabled it resets the high for the TSL to start from. (at least I think).

A few days ago my above configuration would have yielded 28K+%

but again because the backtesting engine cannot be set to a custom date range it makes developing a strategy difficult.

If you try trading EMA on those settings now you will be very disappointed in the result even though over the last year they look amazing... but we arent trading in last years market...



SO...

Back to the TSL strategy...

I think this may be working.

If you set your bot like this;


And then make sure to disable your bot...

Purchase your coins ONCE YOU HAVE IDENTIFIED YOUR ENTRY POINT (preferably at the bottom of the low before the rise, use 20/30 EMA and MACD to determine)...

Then enable your bot which will then record the high from which to start trailing.

As each new high is obtained then the stop loss will readjust (in theory).

allowing for a 2% drop from the high before selling out.

so far this seems to be pretty successful. (of course the rise in price need to be larger than 2% to be profitable)

I have tried many various configurations and I have been most successful on a 5 Minute chart with a 2% TSL.

Any brave souls that can improve on this?

I am currently testing (and perfecting) a simple Trailing Stop Loss strategy using butter-bot that should... I say... SHOULD be profitable no matter the market conditions and no matter how many people are using it.

In a few day I will post the entire layout of the strategy here so that everyone can pick it apart. Find holes and or help me make improvements to it.

Yes I can beat those all to heck... the problem is... that those 1 Year settings wont be profitable now...

try this:


IF you backtest that from Jan 1 2013 to Dec 31 2013 you will get 19647% profit...

BUT if you try to run those same setting now you wont get nearly that...

the market has changed... EMA bots are all over...

try to modify your engine to produce profits over 1 week and then again at 1 month and balance between the two.

Not so much...

The thing you want to look at is not the profit that you WOULD have made over the past year (the market has changed significantly since then) but look at settings that give you a decent return over the last week balanced against returns over the last month, and then pay attention to those and modify them weekly (or not, just depending) just to keep them fine tuned for profit.

On the other hand I am developing a system currently with using butter-bot solely as a trailing stop loss...

I will let you know how that goes.

that is -50.00 not -0.50

I see no reason to trade on gox. impossible to get your money out in USD cash. unless you only want to deal strictly in BTC for the rest of your life...

 

This is probably a worthless post because it should go without saying... BUT

Coinbase REALLY needs to get a better handle on the Instant Buy deal... I mean... I am currently trying to obtain a friggen Visa card solely because I hate getting screwed over by Coinbase's 4 business day hold on purchases...

Gaw!

I am loath to use credit cards and this really doesn't sit well with me...

Coinbase... are you listening?

Hey Pablo...

Any idea on when we will see custom date ranges for the backtest engine?

Cryptotrader now wants to charge $8/mo for backtesting capabilities ONLY...

As much as I love butter-bot the backtesting is worthless without custom date ranges.

Try Short: 20 Long: 42
Freq: 30 Min
Buy 1: -50
Sell 1: -50
Buy 2: 0.10
Sell 2: 0.15

And go from there...

I am curious what trading bots are the best and if there are any known GOOD expert advisors for MT4?

I too as well would like to say hi!

and wait four hours so that i can reply to posts... blah!