intrd, thank you for your quick reply
I have one more question (which I like to illustrate).
http://postimg.org/image/j785rn5wf/This is while using Live Trading (with paper) with the following config:
/* Custom trading algoritm parameters */
$percentual=0.6; //Minimum percentage of profit on the purchase (Use the current fee applied by MtGox);
$bidfee=0.6; //Just for simulation purposes (Use the current fee applied by MtGox);
$up_diff=5; //(sell) profit points (in USD) above the purchase price;
$up_diff_inv=0; //(sell) stop loss (in USD) below the purchase price;
$down_diff=2; //(buy) profit points (in USD) below the selling price;
$down_diff_inv=0; //(buy) stop loss (in USD) above the selling price;
$secure_ticker=300.99500; //Security value that prevents the bot to make sales below a certain value;
$emacross=true; //Turn on EMA crossover method (if emacross=true, Simple Market Direction Method automatically is turned off);
$emaShort=10; //EMA short period(in minutes because you are using $interval=60;) for EMA crossover method;
$emaLong=21; //EMA long period(in minutes because you are using $interval=60;) for EMA crossover method;
$emaDiff=0; //EMA difference between short and long crossover;
$last_two_orders=false; //Base next move on the last two transactions value;
$interval=10; //Bot loop interval (in seconds);
$timeout=80; //Timeout in seconds for completion of the bid/ask;
$sudden_mode=0; //When active, the bot makes a purchase at the sale price, or a sale at the purchase price. Used only when there is a need for immediate order processing. It will be disabled after the order is processed;
$reverse_prices=0; //Same as Sudden, but definite. It will never turned off;
$manualstoploss=0; //When active, in every action stop-loss requests remote confirmation of the bot operator;
$dire=6; //Amount of past intervals used in the identification of Simple Market Direction Method;
$dire_limbo=13; //Minimum variation (in USD) to define whether the direction is out of limbo or not (limbo: when the bot still trying to set the direction of the market);
$vol_limbo=450.78526468; //Minimum volume (in USD) to consider an abnormal change at the volume of an interval to another;
/* Backtesting and Paper trading */
$fake=true; //Turns on/off simulation (backtesting);
$paper=true; //Paper trading is simulation with Real Live Tickers but w/ fake money balance. (If Paper trading is true, $fake needs to be defined to "true");
$fake_btc_balance="2"; //Initial amount of BTC for the simulation;
$fake_btc_usd_buyedprice="990.80000"; //Initial purchase price of BTC (ATENTION: you need to set this value for Backtesting and Paper trading);
$fake_datetime_of_firstbid="2014-01-07 00:00:00"; //Initial datetime (same as first line of $fakegox_tickers file below)
$fakegox_tickers=$datadir."fakegox_tickers(test3).txt"; //Access http://bitcoincharts.com/charts/mtgoxUSD, set the period (must be a period that supports interval 1min), click Raw Data, copy/paste the contents of the table in a TXT file and replaces tabulations by "," comma);
In the middle, there is a lot of fluctation in the price, and the bot buys and sells constantly at the perfect price.
My question: Is this possible when you trade with real money? Because when that's the case, this config is very profitable