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I started using like 2 days ago.
I set more standard config for Poloniex BTC pairs with LTC, BCH and ETH: 1min, 0,5% rate, 1% profit, volume 0,01 limit 3
I set pump and dump at same time, is it ok? But I just saw "pump" orders done by bot.
1st day was good, around 100 profit trades, so I profit 0,01 btc and bought more 1000
2nd day I got stucked with 3 sell orders for each pair, above quotation peak, like LTC/BTC 0.0192
What could I had done better?
To release bot, I increased limit to 5.
Should I define limit x volume = available balance?
Can you please explain how works stop-loss, loop and limit for Bittrex bot? Why it doesn't appear for Poloniex? what means"closed" for loop and limit?
Bot looks good, but I still need to learn how to configure.
I set more standard config for Poloniex BTC pairs with LTC, BCH and ETH: 1min, 0,5% rate, 1% profit, volume 0,01 limit 3
I set pump and dump at same time, is it ok? But I just saw "pump" orders done by bot.
1st day was good, around 100 profit trades, so I profit 0,01 btc and bought more 1000
2nd day I got stucked with 3 sell orders for each pair, above quotation peak, like LTC/BTC 0.0192
What could I had done better?
To release bot, I increased limit to 5.
Should I define limit x volume = available balance?
Can you please explain how works stop-loss, loop and limit for Bittrex bot? Why it doesn't appear for Poloniex? what means"closed" for loop and limit?
Bot looks good, but I still need to learn how to configure.
i think 1 min is so less. usually time is 10-20 and also pump and dump at the same time dont using same min.
stoploss is normaly is same: for example u will buy 100sat and your stoploss is 10
when your coin price down to 90. bot will sell for stoploss. and after stopped this coin till when you will start.
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***loop: is max working time. for example u will choice 5. for max 5 times buy nad sell this coin and after stopped. not will buy 6times. if u will choice closed; bot always working this coins ---------------
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***Limit: Max Open order limit.
( For example: choose 3 and bot will buy 1 and make sell order. but price is down again. and bot will buy 1 more and make sell order. and u have 2 open sell order. price again down and bot will buy 1 more and make sell order again. Now u have 3 open sell order. bot cant buy more again if price again going to down. because your limit 3 , and u have 3 open sell order. If 1 sell order is complete and u will have 2 open sell order. If price is down bot will but 1 more time. because your limit is max 3 open order this coin. )
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closed is like limitless
Thank you for explanation.
I tried only dump 15 min - 1,5%, it doesn't work well, very low orders. When I started with pump 1min 0,5%, LTC;=/ BTC I had like 100 orders in 24h, until it stuck in the top.
Now I'm testing pump 10min - 0,5% and dump 15 min 1,5%, does it looks good?
What do you mean don't use same "min"? Same time? Rate?
Pump 10 min, 0,5%, means?:
A) bot will buy if after 10 min coin price is 0,5% or higher. It will wait 10 min to check coin price again
B) bot will buy when quotation increases 0,5% in up to 10 min. It continuously monitor coin price.
Why there is no sell order? To profit when coin price is going down? Like sell 0,01 BTC of LTC and buy again at lower price, can buy again same BTC amount, to profit LTC, or same LTC amount, to profit BTC.
Could you create one moving "stop-loss" ? Like if we set profit to 10% with moving stop-loss of 2%, if coin-price goes up 5%, stop-loss will be 5% - 2% = 3% profit. It could have one option to activate "stop-loss" only after coin price increase certain amount. It would allow higher profits while price is continuously going up.
u are welcome. i always recommended dump. but if u will always look exchange sometimes pump is good.
pump and dump dont use same min and rate.
because if u choice 1min rate 1
when price up 1 sell coin for dump and also buy for pump
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stoploss every min checked. if your time is 15 no problem. for stoploss everymin checked. and sometimes stoploss setting 10 15 is good
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always will buy with your setting. for example u choice 0.01btc per order. always but with 0.01btc
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1) Please, clarify if bot action is A) or B):
Pump 10 min, 0,5%, means?:
A) bot will buy if after 10 min coin price is 0,5% or higher. It will wait 10 min to check coin price again
B) bot will buy when quotation increases 0,5% in up to 10 min. It continuously monitor coin price. If in 3 min reaches 0,5%, bot will buy immediatelly.
2) I notice sometimes bot create buy orders, and don't create respective sell orders, so I accumulate some altcoins in my wallet, and less btc available. This happen much more in Bittrex, so I stopped using Bittrex and transfer balance to Poloniex, much better now, more than 90% sell orders created/buy orders.
I did some orders balance study in excel, and calculate average price to have target profit selling available balance, some currency price was higher and I could profit more selling immediatelly, others price was lower I open one sell order to wait price increases. I also did the same with accumulated open orders, one average sell price will be easier to reach.
3) I cancel some sell orders in poloniex, and replace by a unique order. Bot didn't see that the order was cancel, it still appears in report as pending, even if it disappear from open orders.
4) Could you show in bot configuration, how much of the limit is used, and how much available?
After my last adjustment, I'm again with more than 100 completed buy and sell orders in 24h period, what means I'm profiting like 0,01 BTC/day, it'd be awesome if I keep this, let's see. Up to now it's quite good.
