Yep, had the same problem overnight, but seems better now.

Hey Pablo,

my bot triggered a buy order earlier today on Bitstamp (@198.4 USD), but didn't buy in with all USD - 2.08 USD were left in the wallet.
Until now, the bot has triggered two additional buy orders (i get those emails everytime, which is a very nice feature btw.), but the money was't touched again.
I already disabled/enabled trading, with no success.
May this be caused by Bitstamp lagging all the day? Or is there perhaps some kind of issue with the bot?
Anyway, it's just $2.08, so no big deal at all - but I wanted to let you know.

Best,
Grinny

Is BTCChina planned to be added?  Having no fees definitely opens up more frequent trading strategies...

Hi Pablo,

Just an idea here. Please shut me down if it's not a worthwhile venture.

Would it be possible to create a bot that could perform arbitrage trades WITHIN an exchange such as BTC-E?

My reason for asking is that BTC-E has various Alt coins as well USD & Russian RUB.  Would it be possible for a bot to detect an arbitrage opportunity between the Alt coins as well the currencies (USD/RUB)?

Thanks Sir.

Thanks for the quick reply.
I see your point with EMA as a long term analysis as well, so maybe the spot sell isn't the way we get this fixed.

Maybe the simple way is the way to go.

There is this row above the table which shows "Min. Profit / Max. Profit", right?
What about adding a line: "Final Balance: X BTC (X USD)" in our case: 0.7 btc (138 USD) | cryptotrader does it that way btw.
In general: The profit is shown twice, above the table and within the table, so maybe some space can be saved here...?

Hey Pablo,

I think the bot's Profit Analysis shown in the backtest is a little bit misleading, because it ignores the actual value of your BTC after the chosen period is over IF you didn't sell them.
Or in short: The bot doesn't calculate the profit for buy&hold right.

Example:

1 week / 100 USD (EMA/threshold, etc. doesn't matter)


As shown in the example, the bot bought approx. 0.7 BTC @ $141.26 one week ago for a total of $99.50.
Today, the BTC price is at $198, so our 0.7 BTC would be worth $138.

This is not a loss of 0.5% as stated by the bot, it's a profit of 38.7% within one week!

This issue appears very often and kills backtesting over short periods. So I suggest to add a hypothetical sell at the end of all calculations.

Best,
Grinny

i guess the bot can win money just if the price crash, right?
i notice the price went up very quickly those days,

I agree with your assessment.

It takes more hits than it really should. Which like it or not, deducts from future gains.

Right now I am almost finished writing my own arbitrage bot and testing it through it's paces. I too would like Butter Bot to add certain real time simulation features. I think a simulation feature is better than turning on the bot and letting it do trading. This will help you get an idea of the decisions the bot makes in different situations without risking BTC or USD.

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I would love it if they made a "secure-bot" to "get you out" of the market in the event of a flash crash. Just that feature alone is very useful if you don't intend to do actual EMA based trading. If you do want a bot to watch the current market conditions on a continual basis butter bot would be a good start if you understand the settings.

I think they should package this separate from the normal butter bot set of features.

-------------------------

There are also other types of already coded software based on ADX that don't take anywhere near "the number of hits" that butter bot takes. (not butter bots fault as ADX is just a better indicator IMO)

There is one publicly available but someone decided the neuter the public code so that it didn't do anything other than prevent losses. I back tested the public version and while it wasn't written to make a profit, it back tested to the beginning of the year and retained 99% value of the currency traded. Had someone with experience redone it to actually "make a profit" it would have no doubt been better than the EMA based bots.

Future version of butter bot will come with different strategies so that people can choose whatever type they prefer.

Hi Pablo.

I would be interested to know how to run multiple instances on the same machine.  I am running multiple instances on multiple machines right now, as each it tuned for the specific exchange.

Sorry, if this has been asked before, but is it possible to run two instances of butterbot with different settings using the same key?
Or to be more precise: Will it be possible to run two instances in v3, using one bot for BTC and one for LTC (with the same key)?

My BitStamp has apparently come back online...thank you sir!!

*Haven't really seen any sort of profitability from my limited use of the trial. Any plans on supporting other currencies as well as adding additional exchanges (mcxnow of particular interest to me atm)?

Sean,
  We will track this down and get back to you ASAP, it may have to do with some back end work we are doing.

Please drop me a message if you don't hear from me by tomorrow AM.

Pablo.

My bots all stopped getting data from BitStamp @ 0700 this morning (running on multiple machines, so each exchange has tuned settings).

Anybody else seeing this?

Trying out the demo for this, would like to utilize this for a stop loss function for this software on bitstamp. I don't wish to have the bot actively trading. Is there setting that will allow the stop loss feature to activate during a crash, but doesn't have the bot making trades all willy nilly?

Hi Guys,

A short question:
Is it possible to trade in EUR (or any other FIAT currency) on BTC-E using BBot? Value is bot is by default in USD but afaik you can deposit many currencies with BTC-E... or is it something with their API?
I could of course buy USD but if I prefer to trady in EUR that is another fee...

Bendous

Currently testing out the trial vs. my btc-e account with default settings. My question is, should I decide to purchase the full blown product near the end of the trial-period would I simply have the option of upgrading my existing trial key?

I don't think it is as complex as changing software, rather REORDER the manual, so the  RESERVES are dealt with BEFORE the API, even if they are on the bottom of the panel and the API is on the top.

Because the first time the BOT powers up and even though the parameters were set for trades, it  went and sold off all the FIAT it could get its hands on, but from what I could see, the MARKET DID NOT meet the Threshold parameters  for buying coin..........

First I'll admit how I got here:  I've all but finished up watching or being concerned with the hardware thread; there's little more to see there from here on out, IMO.  I searched to see if you had left the forums, since I hadn't seen you on the BFL threads, and found this.

This is actually very much closer to my core business than bitcoins, so I'll make a couple of points, regarding EMA's and their use as trading signals.

First, an EMA "period" is actually a product of two dimensions:  sampling frequency and normalized parameter.  Example is easiest.  Say you want to construct an EMA with a period of 6 hours.  You solve for the parameter as \alpha = 2/(6+1),
if you are sampling once per hour.  

But if you sample every minute, then a parameter of \alpha = 2/(6*60+1) will give you a function that is virtually the same as the first, but with the ability to "respond" to signals every minute rather than once an hour.

Second, regarding EMA "signals."  There are two basic triggers used:  simple crossings of the lines, and so-called "directional bindings."  In other words, rules are "trade when price crosses ema", OR "trade when slope of function changes."  Except for "noise," "significance of the binding", or "price confirmation offset", these two rules are identical.  

This is because, by its mathematical construction, an EMA changes slope whenever a current price contributing to the function falls (rises) below(above) the current value of the EMA.

Just some off-top-of-head comments.

Hi, Pablo

I would like to view profit measurement of BTC, not of USD.

The Manual and the software really needs a bit of work from a safety point of view........

Just some points:

1. the engine should be installed  DISABLED I.E 'Disabled Trading Engine' as checked
2. There should be an initial setup where FIAT reserve & Bitcoin reserve are pre-set to the MAXIMUM holdings of the account.

That way , when one is working thru the manual page by page, the bot does not go insane once the API keys are inputted.

It would also be 'nice' if the page related to API keys has a great big warning, about setting  the reserves BEFORE the API keys are inputted....