Ok Theymos, thank you .

Best.

This is one for the mods:

Are we allowed to setup adwords to forward to a thread we post? I'm selling some stuff and I thought it would be a good idea to give it a shot with adwords to improve traffic to my thread but I don't want to get banned or anything . I don't see anything wrong with it since it will just increase traffic to BTCTalk.org free, but I rather ask than get my account banned .

Thank you!

Pablo.

Thank you Dave for your great review!

Best .

Pablo.

This is a great GUI, I think I was first to DL it this morning heh .

I love your work Sebastopool, best of luck!

Pablo.

Our first review! Wu Hu!!!!!

http://www.reddit.com/r/BitcoinMarkets/comments/1dxl54/initial_glancereview_of_mtgox_ema_trading_bot/

Either Version 3 or Version 4 of my bot found here: https://bitcointalk.org/index.php?topic=197175.msg2051530#msg2051530 will have BTCE integration. We plan te release a version every couple of weeks, and version 2 (stills in the thread) is almost done for prime time. If you are among the early adopters, we will include all of these upgrades for you free of charge as they are released .

Best.

PROMO!!!!

I will give 5 USD off to the next three people who purchase a product and write a review. It doesn't matter if the review is positive or negative, you still get the discount!!!

Just PM me .

Pablo.

Hi Maverick,
   
1. If you want to buy/sell on your own, you need to stop the bot, it will interfere with your trades. Trading by hand however, defeats the point of the bot as it is meant to work for you 24/7 and without emotion which is where most traders loose their edge.

2. You can modify EMA crossover values, they are currently set at 10/21 crossover. I wouldn't recommend messing too much with this setting unless you understand the strategy behind EMA trading well.

3. You can use the extension on a Mac or PC, it doesn't make a difference but you shouldn't let it sync to other computers. Also, you can run multiple instances of the extension but for different gox accounts, otherwise it will mess with the logic of the bot.

I hope this answers your quesitons, any other doubts you may have, I'm your man .

Best.

I wasn't going to include "suggested settings" because I feel that best results can be had when people familiarize themselves with the bot and make there own decisions; but for the impatient among you I will tell you what I am trading with and making a profit on (keep in mind that the more people that use these settings the less profitable they will become):

We recommend the following starter settings for Mt. Gox:

Short EMA: 10 Long EMA: 21
Buy 1: 0 Buy 2: 0.25
Sell 1: 0 Sell 2: 0.25
2 hour time window.

The following settings are for Bitstamp and BTC-e:

Short EMA: 20 Long EMA: 42
Buy 1: 0 Buy 2: 0.15
Sell 1: 0 Sell 2: 0.1
30 minute time window.


The difference in settings lies in the fact that EMA works differently between high trading fee and low trading fee exchanges.

Best .

Pablo.

Mahn,
  Gracias por tus comentarios. Para este bot pienso venderlo como extension, pero estoy planeando desarollar una plataforma, hosted como tu dices, donde la gente pueda crear sus propios bots y operarlos con un GUI sencillo. Todavia en proyecto, te mantendre al tanto! Gracias por las excelente ideas! .

Abrazo,
   Pablo.

AGomez,
    El link que te dio Mahn es ideal para que veas la estrategia detras del bot, gracias Mahn!

Para funcionar el bot necesita una llave API de tu cuenta MtGox con permiso para "trade" y para "get info", nada mas. Por este motivo el bot es super seguro, no se te pide ningun tipo de credencial y el acceso API qie le das esta limitado a trade y info.

Espero que esto responda tus preguntas, en cualquier caso, mandame un PM .

Abrazo,
   Pablo.

Yep, I'm the same fible1 from OTC . Just PM tonight, I'll be there starting around 4PM EDT.

Also if we miss each other, just PM me here and I'll log on, I check my PM's pretty regularly.

Best.

Ok, if I grasp what you are saying, the bot will take the lowest Bid or Ask in the ORDER BOOK and set the order that way. This is different from market in the sense that market would be a spot trade which is in a sense a point in between these two values from what I have seen (I might be off here). I'm pretty sure the original bot had a similar structure. I have not experienced losses this way as it is trading at the lowest or highest price in the book depending on the buy or sell, and the bots function is to get you out of a bear market or into a bull market, so if it trades at order book or spot it really doesn't make a difference: it's much, much more important that you are using correct threshold values and that the bot has identified a real bull or bear market to act and not gotten you out of a bull and into a bear.

Just to be clear it would be very very hard for a properly set up bot to buy you into a real bear or sell out a real bull market given the EMA logic. I'm not saying it can't take a loss this way, I'm saying that over time it ought to make more right calls than wrong ones and be profitable. This is why I personally use much lower SELL threshold values than BUY threshold values as protection against an erratic market. You also have to keep in mind that ALL BOTS that follow a trading strategy are assumed to be profitable OVER TIME. You have to look at your profits and losses at least over a couple of weeks, you can't turn it on for two days and judge. As for me, it's been profitable.

So far, the theory behind the bot has proved sound and profitable. I am sure that can be seen in the extensive discussion on Gomboo's Journal.

Best.

Sure, PM me the details I will look into it .

Best.

Yes, thats a solid point, I just changed the price schedule to USD .

Thank you for the pointer!

Pablo .

.

I'm not sure what you mean by if it's making market orders. Are you asking about how its setting its bid for a sell/buy command?

Regarding losses with the original: the reason I developed this bot and invested a significant amount of money in getting it right is because the original WAS profitable for me. I have a lot of respect for Gomboo's EMA theory and how Piotr implemented it. I mean no offence when I say the bot was just a little rough (it crashed every couple of hours for me for example) and since it was profitable I figured I'd improve it. I must say that the default settings were not optimal for profits though and thats why I set the 4 threshold values. Once I tweaked that things started to really look up.

Any other questions you may have about my version, I'm your man .

Best.

That seems to me like a pretty simple custom mod. PM me, I am sure I can work that out for you .

Best.

Regarding the current version:

All the updates mentioned in the thread are included in the current version.

If you were asking about future updates:

Most updates in new versions will be included free unless they involve major features like a new bot on top of the trading bot. If the update isn't free it will never be more than 20-25 USD BTC, always optional and I will probably be able to separate major updates from minor updates in different branches so that people who don't want to pay for the major updates can still have the minor updates included in the major ones for free.

Any other questions, I'm you man .

Best.

He creado un bot de trading para Mt.Gox basado en el modelo EMA de trading.

www.btcbots.com

Mandenme un PM si les interesa o si tienen cualquier pregunta, hay un descuento de 15% para los Hispanos por tiempo limitado! .

Codigo: TB1775

Pablo.

I'm thinking thats technically possible, I'd have to look it but I'm thinking that would be a nice addition to Version 3 .

Anything else you'd like, please post it here: https://bitcointalk.org/index.php?topic=197175.new#new and I'll make sure to try to include it on V3 .

Best.