Another item arrived, and already sent another order so my new computer will be complete. Thanks guys.  We are back on track with same day orders! Whatever you need, just drop us an email . Pablo. |
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Fudge.. Error just popped up again..  Ok we're keeping an eye on this. Kuroth, could you please do a reset tomorrow AM and let us know how it goes? It looks better from our end but we need some feedback from the front line commandos . Pablo. |
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Any word on how the Mt Gox connection is doing today? I am at work so cant check it..
Thanks!
No issues at all today. It's been good since yesterday evening. Hummmm Just got home and it's having the same old issues for me.. Yes. I just got on the computer and once again, I'm getting the error message. The only way to protect against a low sell/high buy is to watch the trend and trade manually until the API goes up again. Could you please reset the bot Pangia? Please go here: chrome://extensions/?id=dpbjalfjaflkohagighidnjkbpmdodhb Uncheck the "enabled" button, wait a few seconds and reenable it. Please let us know if that helps. Pablo. |
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Is anyone still having issues with the Gox API alert message?
Pablo.
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I have a question Fible.
If I am running the bot from two different computers, and say one bot has different settings than the other, which one actually sends requests, or will both attempt to at the same time?
this is fine, as long as you have different api keys assigned to each one. The nonce on is something to be aware of. Yes, that's perfectly correct! . Pablo. |
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I thought maybe it was cached... Thanks Pablo...
Whatever you need Kuroth . Pablo. |
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Pablo just curious as to why is it when I mouse over the Bot Icon it always correctly shows my balance at MT Gox? I always thought this was a indication the bot was connected ok to Mt Gox? Or is there like 2 different type of connections? One that shows balance and one that does the trades?
Just wondering..
Kuroth, Just got this from the developer: "(Even when the Gox API crashes) The bot eventually is successful in asking for the funds and shows the numbers in the pop-up when you hover the icon. When the next attempt to get the funds fails it will show the error message but it will still show the old numbers from the last time it was successful. There aren't two different types of connections it's just that the numbers are cached." I hope that this answers your questions . Pablo. |
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Pablo just curious as to why is it when I mouse over the Bot Icon it always correctly shows my balance at MT Gox? I always thought this was a indication the bot was connected ok to Mt Gox? Or is there like 2 different type of connections? One that shows balance and one that does the trades?
Just wondering..
Kuroth, I'm actually not sure about that, let me forward your query to the lead developer and I will get back to you on that ASAP . Pablo. |
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BTC-E has more volatility, but at lower EMA values. For example if you were to look at it in terms of 15 to 30 minute frequencies you'll see it's a bit more volatile short term. Gox is more volatile long term, which is why 1 hour + frequencies tend to yield better payoffs.
Thanks Dresdenreader. I'm playing on the 1 hour so I'm on gox until they go belly up or someone hopefully surpasses them. Does this mean that I'm not using the right time frame (1h) with BTC-e :/ ? XZed, You are using appropriate settings to replicate Gomboo's suggestions. The discussion our friends are having is about whether shorter time frames would not be better on BTC-E to take advantage of the different market. I really can't speak to this as we haven't back tested it; another of the reasons we are pushing hard to get the back testing engine out the door . Pablo. |
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I just created an api on gox for the first time. The bot bought in using all of the USD in the account automatically, but now it cant seem to connect to the api.
That's weird it worked once and then stopped. I thought it was down completely?
It's intermittently completely down, the bot continuously tries to reconnect when Gox is down so you may see trades even if the error message is still visible because the bot will push the transaction through even if the API comes back for a few seconds which may not be enough to trigger a change in the error message but will be enough to execute a trade . Please let me know if you need anything at all. Pablo. EDIT: I misspoke when I said the transaction was pushed through our server, currently the bot only gets the price list from the server, I got confused with some development we have been discussing for future versions to help with certain issues. Please accept my apologies if I confused anyone. |
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Also.. Not sure it helps but I created a new API key and secret on Mt Gox.. So far it seems better..
Update... No this did not really seem to help.. LoL. I tried it too. I created a new API on mtgox and it didn't help any. Gotta watch it and trade manually. Hi Pangia , Trading manually is an option, but please keep in mind that your bot will recover automatically as soon as the Mt. Gox API is back up if you prefer to let it do it's thing. Please let me know if you need anything . Pablo. |
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BTC E Bot didn't buy, it definitely should have.
12:00 89.185 88.406 88.150 0.290% (This is over 0.25, and I should have gotten a buy order triggered, but instead I got an imminent notification)
11:00 88.987 88.233 88.047 0.211% (This is over zero, I should have gotten an imminent notification.)
10:00 88.544 88.066 87.953 0.128% (This is over zero, I should have gotten an imminent notification.)
9:00 88.601 87.959 87.894 0.075% (This is over zero, I should have gotten an imminent notification.)
My settings:
Buy Threshold 1: 0
Buy Threshold 2: 0.25
I should have gotten a "Buy is imminent" email at 9:00 since 0.075 is higher than 0.
I should have gotten a "Buy order has been triggered" email at 12:00 since 0.29% is higher than 0.25%
Instead, I got the following:
EMA diff is at 0.29% (1 BTC = 89.185 USD) at btce.
A buy order is imminent!
In this exact same situation this morning with Mt Gox the bot initiated a buy imminent and buy trigger at the correct times using the exact same settings under similar circumstances. BTCE did not.
Dresden, I need more information to track this down, I am sending you a PM right now. Pablo. |
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Thank you very much Pablo for helping me. It works like a charm . Perfect . Please let me know if you need anything else . Pablo. |
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Don't know why, but bot didn't buy BTC as wanted. Perhaps, there's a problem with BTC-e ?  Please PM me your bot table and your threshold settings and I will take a look ASAP . Pablo. |
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Pablo sent you a PM.. My Bot License key is no longer working?
Actually getting 2 errors. Not sure if they are related..
1. Error connection to BTCBOTS.com API.... Never seen this error..
2. Invalid License Key..
Connection to Mt Gox seems ok at the moment..
Kuroth, Hey, yep, getting back to you right now; I think you are using an incorrect license key, I'm sending you one by PM right now . Pablo. |
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can some on explain, if this bot worked to acquire more btc, why would you need to even bother selling it...?
Hi Jubalix , It's not really "if" the bot works, the math behind the bot is solid and EMA is a well known algorithm. We have based the bots logic behind "Gomboo's Thread" which is one of the most respected trading discussions of EMA as applied to Bitcoin anywhere by one of the most respected members of the Bitcoin community. The thread has a complete explanation of the math behind the bot and why it is profitable over time. Please take a look here: https://bitcointalk.org/index.php?topic=60501.0As to why we sell it: We are a service provider. Why does ASICMINER sell shares when they are clearly profitable on their own? To raise capital for continued development. We use our own product, one which we continually upgrade and work on. Like ASICMINER, we would make money by trading on our own but providing the B-Bot service allows as to develop the bot beyond what we otherwise could for our benefit and the benefit of all the members of our community. Please let me know if I may be of service in the meantime . Pablo. Thank you for such a polite answer I think the maths/logic however may disprove EMA or any other method for several reasons [1] Essentially any system is trying to time travel to the future and convey that in formation to the present. [2] If any system did work then everyone would be forced to adopt that system. Not every one can profit over time as all trades balance out to a zero sum of losses and profits as every seller requires a buyer thus the as every one switched to that system, it would cancel out its winning effect [3] the compounding effect of even small repeatable wining strategy e.g. even 0.5% or 0.05% a day would soon have you owning the whole market. This has not happened in any market... I accept maybe everyone is not using EMA so this may not have kicked in yet for [2] Hi again Jubalix , Let me take your points one at a time: 1. There is a misunderstanding here, EMA does not attempt to travel into the future and apply the information to the present. Rather, it takes historical data, processes it through its algorithm and applies this information to attempt to identify a trend in the present. I am not aware of any system that attempts to time travel into the future and convey the data into the present, because that is, well, impossible. Best case, you can take present data and attempt to make an estimation of the future. To repeat though, EMA takes historical data and processes it to try to identify trends in the immediate present, which strikes me as perfectly reasonable. 2. I agree that this wouldn't apply as not everyone is using EMA, but also, when you consider the day trading bots large banks and clearinghouses use, you realize that it's not a matter of how many people adopt it but rather a matter of how much of the market these people can move, even with a perfect (theoretical) system. Bitcoin is a billion dollar market, I don't think we could put together enough players within any system to effect the market, even assuming a theoretical, perfect system which does not exist. When you realize that the market is very large to move and that no system is perfect (effective systems tend to be profitable, not infallible), it becomes clear this is a moot point. 3. This isn't true for the same reasons discussed in point 2. Furthermore, you seem to be discounting all trading systems, not just EMA. It is a point of fact that there are effective trading systems (again, effective does not mean infallible which you seem to assume), even a cursory review of Gomboo's thread, which I believe I linked before, would reveal to you a whole host of effective trading systems. Commercial banks and clearing houses have devoted their existences to trading systems. Yes, there have been big issues with these, but overall most of the systems used have been profitable when measured over time, otherwise this institutions would not exist, furthermore, traders would not exist as the whole market would be a large casino. Please let me know if I may be of service in any other way . Pablo. |
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Pablo should we be concerned? My bot "seems" to be working but every time now that I click on it, it has the error on the top trying to reconnect?
But if I just mouse over it, I can see my balance ok... Almost like its not really having issue but saying its having API issues???
Also looks like it did a buy at 1 or 2 am this morning ok.. I went to bed short and now I am long..
So what should we do???
Thanks!
Same issue here Kuroth. My bot missed the entry to buy this morning on mtgox several times because of the API issue. Then, because it "holds" the buy order until the API is up again, it did so when BTC was a $1 more than it had sold it for the day before. Not the bots fault, but its just frustrating. I know that you have to be patient with the EMA trading strategy, but this whole API thing is a real bummer. The bot seems to want to do its job, unfortunately however, the mtgox API is making it a losing strategy at this point. Hey Guys, The Gox API has always been pretty bad, as those of you running the Beta know, we were able to mitigate API lag very well for the past couple of weeks as you should have seen no issues whatsoever. The fact now is that the API is not only lagged, which we can mitigate, but completely down, which leaves us with few if any options. We are still looking at how we can improve this situation but we may have to wait for it to pass. I would encourage those who are able to trade on BTC-E which never has API issues. Please be aware that the bot will recover from the Mt. Gox issues automatically once the API is accessible again. We are taking this problem very seriously and I am personally concerned with your posts; we will do everything possible to improve this situation. If anyone has any concerns they would like to discuss on a one to one basis, please drop me an email: Pablo@btcbots.comPablo. |
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I noticed the error a couple times today but it seemed to correct itself almost as soon as I notice it..
Bot did a trade on Mt Gox early thing morning I believe..
That's fine; the bot has been holding a "sell" command since about 1AM EDT. Please let me know if I can be of service at all . Pablo. |
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Hi Pablo,
All day long my bot has a message "an error occurred while loading the mtgox funds. Retrying......".
Is there anything that I can do to assist the bot?
Hey Pangia , We are looking into this right now, the Mt. Gox API seems to be in partcularly bad shape right now. BTC-E should be fine. Have you seen any trades at all on Mt. Gox? Pablo. There was a trade early this morning at 5:59am on mtgox for me. The weird thing is that my SELL Thresholds are Sell 1 = .13 Sell 2 = . 19I received an email notification from the bot at 12:18am "EMA diff is at -0.211% 1BTC = 94.25 USD A sell order is imminent!" But the sell order didn't go through until 5:59am "EMA diff is at -0.667% (1 BTC = 93.925 USD) A sell order was triggered!", despite there being 4 subsequent hours of negative diffs that exceeded my second threshold. My question is why wasn't the sell order triggered earlier because after the initial email (sell order imminent) the EMA diffs from 0100am to 0500am were as follows: 0100am = -0.275 0200am = -0.411 0300am = -0.572 0400am = -0.643 0500am = -0.734 If I'm understanding the bot correctly, those EMA diffs should have triggered my second sell threshold to execute a sell order but it didn't happen. Is the issue perhaps the mtgox API? Thanks again. Hi Pangia , With the settings you mention and the outputs you posted there should definitely have been a trade. My guess is that the bot executed it the next time the thresholds were crossed and the Gox API was available. The bot is smart in the sense that if it can't execute a trade because the API is down it will keep trying but a trade will only happen if at the time it reaches the API a sell order is still standing. We are looking into this issue, we have built in strong mitigation into the Beta you guys are running (the old bot would not have handled this well) in the sense that it recovers once the API is back online, but if the Mt. Gox API is plain down, there really isn't much anyone can do until it is back up. My advice would be to let your bot run and wait for the API to recover, just let the bot do it's job. Please be sure to let me know if you have any other questions. Pablo. |
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Hi Pablo,
All day long my bot has a message "an error occurred while loading the mtgox funds. Retrying......".
Is there anything that I can do to assist the bot?
Hey Pangia , We are looking into this right now, the Mt. Gox API seems to be in partcularly bad shape right now. BTC-E should be fine. Have you seen any trades at all on Mt. Gox? Pablo. |
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