I am a little delayed... sorry. That is way i mentioned 2 dates, to have some additional time if needed.

But things are going well here, i just put a hold on the sales of the Simple Trade Bot to avoid getting a lot of sales on the last moment. I am very sure this would have happens if i posted this.

In short the mail i will be sending out will contain the following offer (and instructions):

-------------------------

Because of legal reasons i can not give everybody an update for free, as some of you know already i am getting legal with this software and everything. So i made 3 offers.

Option 1. You can stay at the Simple Trade Bot. I will keep it updated and running. This cost nothing. (only difference: you can not login, support & download goes by mail)

Option 2. Renew your license, get a copy of the Haasonline Trade Server, Simple license and enjoy 3 trade-bots instead of 2. This will cost 0.05 BTC.

Option 3. Upgrade your license, get a copy of the Haasonline Trade Server, Advanced license and enjoy as may trade-bots as your hardware can handle. The will cost the price difference between the Simple and Advanced Licence.

For option 1 you do not have to do a thing. For option 2 and 3 i ask to respond per mail with your choose. We will be making a coupon for you so you can order the software normally but for the right price.

The offers remain valid till the end of February. So take your time and have a look first.

-------------------------

On the 20th the new website will come online and everything will be disclosed.

BTW the new website will have a poll for submitting exchanges or features to be added.

Yes thats true. Once you setup the software will have a short look in your wallet to see if there are any coins there. Is a procedure to verify the connection itself works. But is all comes back empty then the software thinks it not connected.

@coinking:
I it just a guess; but did you assign the Info and Trade right to the keys? You need to check them both and press Save before you can test the keys. It sounds a bit like you did not do this.


-------------------------------------------------------------
I think i have got something pretty interesting to tell.

In the past some users asked me if they could build there own software (or logic) based on the Simple Trade Bot. This was not possible, however for the 3th generation it will be possible. As a default feature we have made an open API. You as a user will be able to pick up this API and build your things on it, if you want of course because it is a extra "invisible" option.

With the API you could build your own trade bot or some other cool things. I am very sure a lot of people from this forum will have a look and will play around with it. The API itself is well documented and there will be running examples. It can be attached to almost* any programming language.

* ) I still can not figure out a programming language incapable to attaching. But i am sure there must be one.

The API will have 1 initial limit. It will NOT be possible to build your own indicator... yet. This is something we really like to make possible, but it has to be discussed first. So as soon as the software is available and there are people looking at this, please submit your suggestions. Because by doing this we can implement it (and other thing you may require)

-------------------------------------------------------------

Do not be scared, saterday the 18th the Simple Trade Bot will become out-of-stock. Sales will put on halt. This is just in preparation to whats coming next...

Support (tickets) continues as normal, and in the case it becomes unavailable (for some reason) there is always the mail adres from where you can get support. The mail adres is simplebot [at] haasonline [dot] com

I do not think i will lose my reputation very soon. The software works and there are no big things wrong. I agree, some things could be done better but that is the idea behind the 3th generation. A big change in the concept will change everything and make it more clear in the end. I am sure this will help 99.9% of the people getting some better of higher profits from the software itself.

Of course there will always be people who think to start a program and sit back, or people who think they can get rich within a few hours. These people will always come back here and complain, it just normal human behavior. I time most of these people will begin to understand there approach is wrong and once that becomes clear they will become profitable. In the end, it is not so hard, its a mindset. But getting there can be hard for some.

Some people think i can just setup a strategy from them, yes of course i can do this and i can implement this in the software... but think a bit about the complications. Suppose every user of this software trades at the same time with the same settings. The effect of competition will be totally gone and lot of orders will not be progressed due the high order buy/sell load at once. And besides this fact, i am not allowed to do/make this. It would break the agreements i have with the exchanges.


Besides everything i am also very sure the new generation of trade-bots will become very popular. The concept which will be introduced is fully unique and unseen in the market, i would not be supriced if it would be copied by others. It good, clear and very solid. There are also lots of improvements added to the trading engine itself, it has become much more solid then it is right now. If i would point out one thing then it will be the new order stack. It has become very smart in the new generation. And believe me this is just one of those thing we have improved. Lot of other things are also improved, documentation for instance is now written by somebody else explaining it much better then i am capable of. (i think in images, not in text its my handicap)

In other words: I am not afraid of losing my reputation, instead i am sure i am at least 1 step ahead of the competition right now. You can confirm this statement on the 20th of January. This is also the main reason why i do not disclose the concept or screenshots already.


I posted a teaser at YouTube, its targeting new users but as you can see i am making steps for the introduction.
http://www.youtube.com/watch?v=25XO6Ddmifo

@papasmurph:
Support is free, just submit at ticket at www.haasonline.com and you get the help you require. I am unable to speak about the updates for this week, i have a special reason why and i will disclose it between the 18th and the 19th of January on the mail to the registered users. But.... whatever you do, do not worry. Everybody will be alright

@throwaway222:
Its based on 2 times 0.2% fee because you need make a complete trade cycle (buy->sell->buy), so you need to trade twice and that needs to be taken in account to overcome the fee-costs.


Spoken about fee-costs... some users pointed me to a bug within the fee-overcome safety. I just released version 0.9.0.12 beta to solve this problem. If you use the safety then i recommend to update to this new version.

No other changes where made to this version. And version number 0.9.0.11 is skipped, in case you think you missed it

@dldavis007:
Very good analysis, my compliments for that. 

rzabol:
At the the current moment its still related to cryptsy his API, the past days i have seen some problems too. But yesterday i already saw some improvements. But i need to say cryptsy is on the nomination list to be deleted as a supported exchange. I am receiving to many complains about non-response in there API. My advice is to hold your trading for at least a day or two in the hope the API will be responsive again.

@testik1:
I know you love to complain, it so easy isn`t it? No, i have not 3000 users. Divide it by 3 or 4 and you are getting more close to the real number (registered users btw). But the point is, i know you having problems with Bitstamp. Some other do have this problem too. I am aware if this, this is a fact to me. Like it is also a fact there are hundreds of users who have no problems with Bitstamp.

No matter what kind of improvement i will introduce to solve issues like open orders and so on, it will never be 100%. Thats just totally impossible, yes we are getting closer and closer. But we will never make it totally perfect. Yes i am aware you think the API of Bitstamp is solid, but that is something that if not true. There are just things which i can not control. You noticed the two missing ticks, well this is a great example how solid the API itself is... why do you think 2 where missing? Exactly, because the API did not respond. No prices came back, so the software wait till its next interval. It only logical, keep on pushing to get prices will not solve the API issue. Time solves it, so waiting a few seconds is the most logical course of action. (it are also the rules at API of the exchange)

And like i told before, the bot send an order. If the order gets accepted then the coin position will switch. The position can not switch if the order is not accepted by the exchange. So i think bitstamp accepts your order but it does not get progressed for some reason. I will have a short look into the API if this is changed or something.

BTW This is that you know in advance; The core API DLL files of the exchanges are reused for the coming update.  

 

It would be consistent with the reports i have, but that does not solve the problem itself.

The trigger to switch coins for the bot if is when an order is accepted by the exchange.



I am sorry but this is not the solution. When you correct the price from 0.6 BTC to 0.5988 BTC then you will be having the same problem next time all over again. Then you need to correct it again and again. It will only go down this way.

The best solution thus far is a little overhead (extra) on both sides of the wallet to compensate for the fee costs.

I wanted to tell the last update 0.9.0.10 beta did NOT implemented any changes besides the "outdated" message. I have not implemented any changes to the API or the trade-engine.

The past days i have been receiving some complains about the Cryptsy API, but this problem is not related to the software itself. It seems the API of Cryptsy themselfs is giving some strange reading at this moment. I recommend to avoid using it for for a few days to avoid problems.

Because of the history of Cryptsy i am keeping a close i to this issue, if this problem will continue then my team will look for a different exchange. (i will start a poll at my website about this to find out what you want me to add)

BTW I have no problems reported about Bitstamp, besides 3 open comment which i am totally unable to solve. (this is less then 0,1% of the users, but still)

The problems are confirmed, please download the latest version to solve this problem. I am sorry it happened.

Edit:
The cause of the problems is a security that will check if you version is still valid. This security has been implemented to make sure everybody stays updated and the quality stays ensured. In this case this system has failed, is has gone off to soon. Of course the update i made solve the issue, but still i am ashamed it happened.

The only good news i can report is that this problem can not happen with the new products on the 20th of January. Those products will update automatically.

I would like to wish everybody here already a happy new year. I am pretty sure it will become a big year for the crypto coins in general, but i am also sure it will be a big year for Haasonline Software. As you all have seen the 20th of January 2014 i will introduce 2 new products. First a highly improved simple trade bot, with a new concept behind it, a new interface, a improved trading engine and of course new features and thing you can do. Secondly it will become the year of the Advanced Bot. This bot will bring unlimited capabilities an much more settings.

At the current moment the development is going great. We (the team behind it) are already at Alpha stages and i am very excited about the things you can do with the new products. It is already the 3th generation and this is something you will see back in the software. There are features coming which does are not offered by competitors and i am sure you will like it.

This is how some team members responded the first time they saw the coming products:
- "This is not a evolution of the software, but a revolution!"
- "Why did nobody came up with this yet? I have not seen it anywhere while its so logical to make it this way!"
- "WTF? This will be the update?"
- "This will be a boom for sure"

Remember, i have never told a lie. These are all responces from which i did not changed a character. I am fully fair here.

I have send a mail to all the registered users about this coming update and i got some responces back. It seems i was i little unclear about the offer. Let me first ensure you there is nothing to worry about, i will not ask you to buy the software again. From the beginning i promissed everybody will get updates and they are free of charge. This stays the same, its my power and i will stick behind it. However i was only talking about an offer in ways of a symbolic payment. So this is in the ranges of 1 euro or 1 dollar. The only reason why i must ask this is because of registration, no more no less. Its a side effect from my part of going legal with this software*. There is no doubt in my mind there will be anybody who will not like the offer i will send. For example; the mail with the offer i will send will also contain an offer to update to the advanced bot for a very low price.

BTW If there are any big websites wanted to join in with the release and post a review at the 20th please send me a PM and we talk things over. Some big websites are already joining in, and there is a very good reason to do so. Believe me!

Again, happy new year everybody and thanks for the help and support the past months! Lets make some more coins with the 3th generation of trade-bots in 2014!

Stephan (Leader of Haasonline Software)
Lander V (developer)
JanTenner81 (graphics, interface)
Ben L (documentation)
And of course the affiliators helping to promote this and the coming software.

- Sorry

Edit: Sorry for the post, i did not intend to post a message.

I have no idea what i should tell you. I seems you have figured out already who the logic behind it has been build up. I can only tell i do not use the real-time prices to prevent flooding and it is not the main target to trade directly using the software. It has been build to trade automatic and there the real-time market prices are used.


About Bitstamp... i have not recieved any tickets or emails recently about people being unable to connect. I am aware of some posts here, but most of the times the issue looks like to solve itself. I am aware some users are using more bots, or start the software to many times. This is 99.9% the cause of the problems. I do not say it is now the case, but i am unsure what to do about this. Of course i keep a close eye on the comments and details inside it.

The same applies to new (or better) exchanges. I keep a eye on them and on the requests.

Thank you Soak and subhead for your replies! This kind of replies are very usefull.

The double RSI will do fine with the raise/drop disabled. Thats all thats needed.
You could use the drop-loss too, but 97% is very high to my taste. The default 95% is even to high for BtcUsd.

@EABEAB:
I am aware of the competition and what they offer. If cryptotrader is better for you then you should give it a try.

True, there is a visual limit of 2500 ticks, but on the background the logic will continue. So this can be a problem for bechmarking, but in during trading it will be no problem at all. I created the limit to make sure the memory does not overload, some users had problems with it.

A little tip: You do not need CTF files anymore in January 2014.

You are at the default settings right now. But what do you want to setup exacty?

It is not a rip-off, its the first generation i wrote and published. But it will not work anymore (time limited) and it does not contain all the security features and indicators added into the second generation. So it is totally useless.

I will not promiss to add BitFinex on a short notice, as you maybe know i am working really hard on the big update of January. I am adding a lot of new technologies and features this this new version. I want to see how that goes first before i start adding new exchanges.

I have have a better look to all the other responces tomorrow.

I am happy to explain them. But i am unable to give some real examples, you need to look whats going on at that moment with the prices.

High/Low Indicator
The high/low indicator is easy... just look at a chart. Between which prices does the price goes up and down? (whats the highest and whats the lowest price?)

Lets say the average price (or the price now) is $100. When you look at the chart you see that the price was $120 (high) and $80 (low) earlier that day. Well at that moment you could add a high/low indicator with the settings at buy < $80 and sell > $120.

However, if i would set these values i would set $90 and $110. The reason is because it is not very likely the $80 and $120 will be reached the next day when the bot is active. Besides with $90 and $110 i would get more buy and sell signals making more trades and this is more profit.

Please note: If the prices goes higher or lower then the given prices the bot will stop responding.

Price change indicator
The price change indicator responds to movement of the market price and the last buy and sell prices of the trade-bot.

For example, lets say your trade-bot has bought for the last price of $100. And you have added the price indicator with $+10 and $-10. In this cause the indicator will wait for a market price of $110. (last buy price=$100, wanted change $+10= $110) Now lets say your trade-bot has sold its coins for the price of $110. Now the indicator will look for a market price of $100 again. (last sell price=$110, wanted change $-10= $100)

The given $+10 and $-10 did i get by looking at the chart. If the average price movement is about $12 or more then $10 will do fine.

Please note: Due market movement it is more likely this indicator will sell at little higher price (> $110) and buy at a little lower price (< $100).

Please note: Do NOT reset your last buy and sell prices if you use this indicator. This indicator uses the last buy and sell prices.

PPO indicator
The PPO indicator is very simulair to the MACD-MA (or MACD-Histogram) the only difference is that the PPO percentage based. So the outcome is a little different.

Setting up the PPO can be done the same way. You can use 2minutes updates, 3minutes updates and up.

@subhead:
I understand you think you miss momentum. It is true and it is not true, i will explain it; Just open any chart on the internet that shows you the prices and at least 2 moving averages. Now play with the time setting. Do you see what happens? The cross-over momentum changes. The same happens to the simple trade bot when you use a different time interval.

 

BTW Merry Christmas to everybody at the forum here too!

Looking to the responses, it beginning to look like i do have a secret.  

If you have tested a bunch of strategies and you are still unable to make some nice profits you should look at the setting you did not change. I know this sound stupid you have maybe tested them all, but i sure there is one you did not change. It the same setting all the users share if they report low profits amounts.

The answer/secret is the update timer.

At each advice i give i always recommend a update time of at least 60seconds. Why? Well at 20seconds the response would be to fast for most of the indicators. The effect is that trades will take place to soon. (aka almost no profit)

When you use at least 60seconds the ups and downs of a currency will become more clear. The indicators will benefit from this because it detect bigger changes and this way the outcome can be calculated better too. The bigger ups and downs will also result in much more profit.

I love the way krach explained this:

He is totally right about this.

However. If you want to trade at 20seconds, it is possible to do with the high/low and the price change indicator. Both do not need time to calculate a respond signal.

BTW At the coming big update of January 2014 i can disclose the 20seconds will be gone!

@Soak:
http://www.haasonline.com/trading-strategies/

Version 0.9.0.9 beta has just been released.

This release will affect the Cryptsy users the most. The following coins are added: Asc, Bet, Col, Doge, Dem, Xjo, Lk7, Pts, Tag, Tek, Tgc & Uno. Hopefully this will solve a lot of reported issues of Cryptsy. If not, please keep me posted about it.

I also fixed a bug inside the drop/raise safety within this release. If you normally disable this safety then there is no need to get this update.

Edit:
All existing users can uninstall the old version, download the new version at the My Account -page and install it again.