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1  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: February 03, 2014, 06:59:27 AM
beta 2.5.93 seems to be working fine.

It traded both LTC and BTC yesterday. Is reporting balances of both coins. Notifications sent. Offset on LTC backtesting is also working.

Waiting to see what happens now my stake is split 80/20 BTC/LTC when its time to buy back.

exciting
2  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: February 02, 2014, 06:59:05 AM
hey we're in that boat too. the good ship "havent got a clue"

our settings on btce are 19/40 and returned around 8% this month and 21% since we started on the 1st dec. Of course I fully understand that a 20% return in two months is pretty good going by anyones standards but my lack of understanding of EMA leaves me wondering if we could be doing any better.

Please don't flame cause i have read the EMA thread and watched a few vids on youtube and while i understand the concept I'm struggling to use that precious little knowledge and put it into practice.
3  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: February 01, 2014, 08:31:59 PM
got the beta this morning and after a bit of backtesting it would appear that litecoin would have been more profitable since we started running the bot on the 1st dec. conservative EMA 25% BTC vs around 48% LTC. a little tweaking bought that upto 64%. So we've decided to allocate a tentative 20% of our fund to LTC. let's see how it goes.

4  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: January 08, 2014, 09:03:18 PM
Just to clarify

Butter Bot just trades when the EMA lines crossover?

its the same principle like in Goomboo's Journal?

Quote
I have tried trading thousands (literally, thousands) of trading strategies for the past few years, but I have found that the more simple and less elaborate I make my trading, the more profitable it becomes.  The system I use for Bitcoin is very, very simple and straight forward.

I trade a 10 and 21 exponential moving average crossover.  When the 10 crosses over the 21, I buy.  When the 10 crosses under the 21, I sell or sell short.  I chart and trade through RTBTC."

https://bitcointalk.org/index.php?topic=60501.0


---Im at page 6 of goombos journal so far---

Does this EMA crossover strategy work when you actually do it?
It seems like you loose 70% smaller amounts and make 30% big profits

Checked the charts and it does look like it works.

What are the butter bots users profits in the past month?
Tell yours

i'd say its probably been a good month for trading in general. We switched butter-bot on on 1st dec since then we've had a a really big swing and we are in the middle of a significant one now.

so, since we started we've made 24.5% in dollars and almost the same in BTC. We're in dollars atm if we bought BTC back now we'd be 49% up.

It was quite hard at first. Most of december (certainly around christmas) the market was pretty flat. Thats when the bot SEEMS (still our first month) to make those bad trades. I certainly thought I could do better. I guess it's because since starting the bot I've paid much more attention to the chart. I'd not heard of bitcoinwisdom or cryptotrader or even EMA we simply took a punt cause we sold some litecoins at such a high price.  Anyway, once you get your head around its a LONG TERM view and your investment is safe (dont quote me on that, I'm still only starting with the strategy and I am sure some with much more experience will put me firmly in my place) should anything major happen while you sleep, you can see that it could potentially work. For now, for me, it is.
5  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: January 03, 2014, 07:16:45 AM
hey pablo,

thanks for the update.

great new BTC-e graph on the beta. i say great, i mean improved and working.

stop loss added to all the trading engines. how would we go about using that and why?

I can't see anything else cosmetic, have you changed anything "under the hood"?
6  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: December 27, 2013, 07:27:11 AM
Thank you for inspiring me to tinker with the bot. I found some settings that get a max profit of over 21,000% now. A new record for me.

you could do worse than test your settings over at cryptotrder.org. they have a simple EMA bot and you can test your settings between two specific dates. test in a time frame that doesnt include one of last years huge spikes to get a more accurate idea of how your settings will perform.
7  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: December 18, 2013, 07:04:13 AM
Does anyone actually have their bot running atm? If so how's it doing? Mine sold at $859 and i turned it off once the tumble began. I'm scared to turn it back on. Anyone care to share some wisdom? settings? i'm living vicariously through bitcoinwisdom with my bot's EMA settings: 7/15 so far it seems like it would've been ok.

ours is running and on the default for btc-e. it got out a $821. As time goes on I feel confident that the bot is going look after my investment. Like you we've had bitcoinwisdom open and have been watching constantly which I dont think is a good thing. For example. Yesterday morning I woke up to see that market looked like it was going to recover. it went from 609 to 746 in a couple of hours. I panicked and set the bot to 15 mins. by the time I had gotten to work the lines had just crossed but the market was already turning back. By the time I'd teamviewed home the bot had bought back in. I then had to resell at a small loss. set it back to 30mins and have left it alone since.  The problem is my greedy little piggy eyes see there are big profits (potentially) when the market moves that quickly but you have to keep the repeating mantra "long term, long term"

this is all speculation mind, i'll probably be skint in a couple of weeks.
8  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: December 15, 2013, 06:44:57 PM
Hi,

  It's bloody hard not to interfere with the bot. That being said for the fortnight we've had it we would have made a tidy profit had it not been for the dog pulling out the network cable the other day.

  18/38 30min (BTC-e) is looking pretty good. anyone else running similar?
9  Other / Beginners & Help / Re: Invest in btc or ltc? on: December 11, 2013, 08:08:03 PM
invest in btc ! mine ltc if you have good hardware ! as long as the price of bitcoin rises the price of ltc will rise too !!!

Agreed. Minining litecoin is still pretty easy. a couple of decent cards and you can earn a few $$$. we mined LTC for about 3 months before and during summer. Got 33 coins which we sold for 1300ish a few days ago. we've now got that money in BTC and we're using it to trade
10  Other / Beginners & Help / Re: Threats for selling USBMiners?? on: December 11, 2013, 11:41:03 AM
personally I'd setup an opensource OScommerce (or similar) website. then back sell through ebay butn still have your own storefront. You could also look at doing similar with amazon (not that ANYONE should do business them)
11  Other / Beginners & Help / Hi All, on: December 11, 2013, 11:34:52 AM
Been reading the forum for about a year now. Whaddya know? I need to make a post and can't cause of silly n00b restrictions. Ho hum, better get posting I guess.

so my little BTC history. Got here well late to the game. Grabbed a radeon 7850 and got to mining litecoins. Had to use the mining box for something in work so I gave up. Then the ass fell out for BTC and I kinda lost interest. Couple of weeks ago I checked back and the meager 33LTC had rocketed to around $38. So we cashed out. Bought an EMA bot and thats where we're at. trading over at BTC-e.
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