Open-source, closed source, free and paid. It does not really matter because you need to look the type of bot.

All algo-bots and scripts bots are based on 1 algorithm and you are fully right about those. Why sell a "golden" formula if it works? It does not make sense, so think twice about those. I do not say they are not working, just that i personally do not believe in them because of the same reasons.

If you look to the different type of bots like for example the Qt Bitcoin Trader and of course the Haasbot then you can see they appouch things differently. The event configuration or specific configuration are making them unique in the trades and thats why those do work.

Same goes for Metatrader, Plus500 and so on. They serve the common trading market and they all approuch this with the "unique making" way. And because those are around for much longer its wise to reflect upon them. At least, thats whats i do.

I can confirm the reported issues. But in all fairness our development times is not directly going towards translations and the update error message. Both of them are not pretty and i can only confirm this. But we are putting all our development power into the white server implementation. It our highest priority because the gain from that is the most for everybody.

The problem with the fee is a nasty bug and we will respond to it as soon as we can by doing a update. As an temporary solution i can recommend to switch over to the percentage price change, because its the same but the percentages have to be set by hand. Just until we got this resolved.

BTW
We had an very close relation with Virtex, everything has checked out with them. We have ran background checks and all signs of a legal exchange where present. But at the current moment they are also non-responsive towards us. Its unclear what is happening, or better why. If this not changes very soon we will drop them from our supported list.

Edit:
We are dropping our support for Virtex officially at the next update.

Hmmm, this could be interesting....

I would like to make a better estimation of the scope of this software and the work that has been put into it. Is there a place where i can get some more in-depth details?

Het is altijd leuk om mede Rotterdammers uit de Bitcoin wereld te ontmoeten. Daarom wil ik graag aangeven dat ik de eerstvolgende keer zal proberen aanwezig te zijn bij deze meeting.

Mocht er voldoende intresse zijn dan ben ik ook bereid om vrijblijvende een presentatie te geven.

In addition to Phillis his message... everybody his user profile is transferred to the new website. However we decided (out of safety reasons) to reset all the passwords. So if you want to login and get yourself the band new version 1.0 then you have to request a new password first and then you can proceed as usual.

As for the license keys, those are the same as before. And they are again listed on the "My Account" page, just like before.

The current version of HTS does NOT yet tell this major update is ready. We will make that happen in the days to come. (so this update will also come automatically)

Yes i can confirm this message of Phillis. The past period i have been silent for a while in this topic. But at the same time a new and bigger team have been setup and both the Wiki and the Forum are one of the results of the work we have done.

Just to prevent any misunderstanding, all current users will get this update to version 1.0 for free as soon as everything is done. It just part of the "ongoing updates" we release.

I am sorry but the sources are scrambled, so analyzing is hard. But besides this i can fully understand the worries about coins being stolen and such.

Feel free to analyse the webtraffic that is generated and feel free to read the lower DLL specific API files using an reflector. There is no code inside to withdraw (or deposit) coins just to prevent harm could be done. Its also the advice to disable this (the withdraw) at the API key on the exchange itself if possible. Just out of extra security. The same applies to an IP filter, its its available please use it. In the case the API keys get stolen somehow somebody just can not use them this way.

And as always its recommended to have an up to date firewall and anti-virus running.

The warning inside the interface is also added for a very good reason. This software is very wanted by hackers. We have seen hacked versions and i still have not seen an hacked version without an keylogger. This is how they do it btw, they add in keyloggers and try to get your login keys. The API keys itself are most of the time not very interesting to hackers. (buying and selling for low procies is not allowed at the exchange, there are rules at the exchange itself in place to prevent such things from happening. We have the same kind of protection added into the software too, just in case an hacker gets to the web-interface and tries to do harm. And/or just to prevent stupid trades in general.)

Yes fully confirmed, this silence is just a silence before the storm.

Have a look....

Preparing for the next generation
It has been silent for a while at our blog (and over here), but this does not mean we are on hold. Instead these days we are working real hard on an upcoming release that will expand the functionality of the entire software. One of the things we are working on is expanding the support for more exchanges/APIs. We are pulling in support for trading at ANX, Huobi, BitTrex and Poloniex very soon. (unless you are on the beta already, then support is already there)

@ShaSoftware:
The licence information is displayed at the website at www.haasbot.com. The biggest difference between the licenses is just the amount of availible bots. With the exception of the beginner license which has an limited set of indicators and safeties. 

The beta test is open for all users. The test itself is done to see if we are near an release already and to ensure everything works as desinged. And as soon as we got this confirmed we will issue the update to all the users. It is an normal release procedure with the exception this time the update itself is too big, thats why it is taken an long time to do this testing now.

@nanobit:
Going short is something we do not yet support, but its on the top of the request list to be added so in time we will support iton the exchanges that support it too. Once the support is there the DEMA (or any other indicator) can be used as an trigger.

@Acid Alchamy:
Trading at CEX.IO on any Ghs based currency is not really hard, just analyse what happening and use that.

Let first begin with Ghs, what do you know about it? Well Ghz is the driving force behind mining coins, and the more people are mining the harder it gets. But now, let take 1 step back... the Ghs has an trend of going upwards when we get close to a new block and it will  go downwards when an new block is found. This information tells you something about the timespan it takes. And thats the information thats usefull for trading.

Let say it taks 2 days to mine a new block, this means on day 1 the price of Ghs is low and on day 2 the price is high. This is the part where you get the hig and low from, you want to buy low and sell high, and you know it takes 2 days in total.

We can now begin to choose the strategy and to do this properly we have to watch the Btc price... ask youself it the price stable at the moment? If it is then it becomes easy to predict what the high price of Btc/Ghs will be and the low price, after all the value of btc is stable. So in this case an real simple high/low indicator can do the trick.

Now let see whats happening in an situation the Btc/Usd price is going up. When the Btc value goes up then the Ghs value will also go up, after all mining becomes more profitable. This makes it real hard for us to predict what the high and low price will become. And therefore the high/low indicator can not be used, instead we have to watch for an different indicator which is relative. Alright why relative? Well relative "compress" the price into an range between 0 and 100 and this is somethign we cna work with. An very good suggestion would be to use the RSI, its one of the bast to do this. The RSI uses the relative price definition and thats what we are gonna use. But... a default setting the RSI would not work for us. The reason the the time span used, the RSI uses 30 times 10 minutes intervals giving it an scope of 300minutes -> 5 hours. And we know our scope is 2 days. So in order to get some good signals from the RSI we have to expand the time to 2 days. This can be done by increating the update timer to 30minutes of 60minutes or we can expand the amount of prices used 30->120. Remember the output is relative so it does not really matter which you you make higher, as long as you get into the 2-3 days range.

Again, the RSI is an indicator i personally favor. But it can be replaces by the Stochastic and the StochRSI for example.

Moving averages can also be used for Cex.IO Ghs trading, but also here applies you have to make sure it uses a wide range of time. Again just make sure the indicator know about the 2-3 days time range.

As an extra tip:
You can add in a safety like an drop-loss to your trade-bot thats working on Cex.IO. If you setup this safety to read the prices of BTC-e or Bitstamp then you are able to jump out (or in->hint) at Cex.IO when the Btc/Usd price is suddenly dropping. Just use the inter-market signals to make this work, those are located at the indicator settings.

I am sorry i do not have an solid advice for Btc/Usd or Btc/Nmc at the moment, its just because all my own bots are now in the drop-loss state and they are waiting to buy back again. In an downtrend i personally always try to get out as soon as possible. I am now on hold sinds last friday when the drop started.

We are very close atm. At this moment the testers are having another look to the arbitrage-bots and they are reviewing the new order-bots too. We need confirmation those are both working properly and then most of the technical things are done.

The real thing holding us back atm is because of the web-interface. This project is outsourced and i have no exact estimation when it will be ready. And based on my expertise, i can not push or rush an artist. So this is the part we have to wait for. The deadline is placed on the end of this month.

By the way... the "order-bot" is an bot that contains a list of predefined pre-orders which are much more advanced then the exchanges are offering. For example, you can make an dependency between 2 pre-orders to execute them one by one. Its a real easy principle and very usefull, the responses i got this far are very positive about it.

Feel free to join into the beta test, its pretty safe already to do and the overall stability is good. The only thing really missing is the web-interface, but the classic interface can fill this gap.

1. Yes, the license transferrable and we help out on this transfer by editting the profile and replacing all login information.
2. Yes, even DEMA and TEMA are present.


The beta is public, which means all users can get a copy and have a try. (Krach can indeed help out on this, i am not always present here at the forum) But in the end, once the beta is fully verified, this beta will be released as an major update for all users. This way every user can enjoy and benefit from all the new build technologies and features.

The principle works by having one or more trade-bots and at the moment the safety bot kicks then it will hijack all the coins of all the main bots. This will make sure the main bots can not trade anymore (they will get into error state because of a wrong coin position) and this way you can make sure your coins are safe.

This is of course an suggestion. If you add the drop-loss directly to the main bot then you will almost get the same result. The only difference between both methods is that the main bot can trade again is the prices restore. This is both the power and the down-side. If you add this safety directly to a main bot then it could be possible to get into a so called pendel situation. This means the safety kicks in and steps out directly again, this could result in a lot of unwanted trades. Having a separate drop-loss (or roof-in) bot avoids this problem (in case it happens). However the separate bot also has a downside and that you have to look once and a while to the software to make sure it runs good. (if the prices break to the roof or at a drop-loss situation of course)

BTW
I forget to post this... but the current version 0.9.9.10 has 2 new safeties added to all licenses. These safeties are capable of resetting the last buy (or sell) price and this was added on request by a few users.

If you have a strategy where you use the FeeOvercome then that makes use of the last buy/sell price of the trade-bot. But sometimes you want to reset this last price to follow the prices better (up or down). This could be done by disabling the check inside the FeeOverCome to check a buy or sell price, this could be done using the Percentage Change insurance (in specific with a percentage) and now also using the reset last buy or sell price.

Version 0.9.9.10 has just been released. (you only have to restart the trade-server for this!)

Version 1.0 (with the arbitrage) will come as soon as possible. The Alpha-2 release will be send by then end of this weekend to the testers again.



The only reason why the StochRSI gives good signals (at default settings alone already) is because it requires 2 times the time that you set for its calculation. (its an Stoch calculation over the RSI)

If you compare a StochRSI (5min) with an RSI (10min) then the signals are really close. There are not equal (that would be wrong) but really close.

What i am trying to show (and explain) here is that you can get much better trade signals if you increase the update timer. Its is not about time and speed for the most indicators, its about what they do best and that is giving trade signals at good trade moments. Just get into 10minutes, 30minutes and 60minutes update speed, that is the place you are looking for.

When you get more advanced on this then you can begin to combine a fast updating RSI with an slow Aroon Oscillator (for example). This way you can use the slow signal of the Aroon Oscillator for the long run (trade-momentum) and the RSI to get the last bit extra on the trade-momentum. But again, this is advanced stuff to setup.

We are watching/searching for some good replacements for Cryptsy, at the moment Kraken is an alternative but there volume is a little low at some specific coins. Of course Mintpal is also on our list to support them , its indeed true there exchange is much more responsive, so we hope to add them in as soon as possible.

At the moment the small update i wrote about earlier is being beta tested and see if all the changes are correct. Once we got this confirmed then all the new coins will directly be added. (at the moment the new coin list exists out of: Caix, Cloak, Crypt, Dime, Glyph, Lgd, Ltb, Naut, Nrs, Sc, Tes, Unb, Vrc, Xc and Xlb)

Yes, i can confirm an update will be released this week to get the new trading pairs of cryptsy inside. We are issuing a small update to get everything updated again. This update is relative late because we wanted to release the big update, but we are behind schedule with it. I am sorry for this.


This is a very simplified image of how the arbitrage-bot will work. In reality it is much more complex and more options are possible. Please do not think about this to much, because the software will take about this. We have made this fully automated for you so it will be very easy to use.


We are currently in Alpha testing stage to see how the arbitrage-bots are working out. Once we have something solid and approved then this functionality will come as a free update to all licenses.


About order execution speed, please have good look of what you see. For the software and logic it is really important to place the order as soon as possible. After this it does not matter how fast the order itself is filled. The exchange itself will handle this process itself. It is also pointless to rush this tracking of an order because it will only flood the API and there is no advantage to it. So in conclusion it is very normal to see a delay between EXECUTING and the FILLED state. Please do not worry about this, its by design and for the best.


Prices and amounts are NOT rounded at all. We also do not use doubles or floats are something a like, instead we use pure numbers called decimals. These numbers are really exact and they show themselves to as many decimals as possible. However, there is a small drawback to this, sometimes a rounding can not be avoided like at multiplying numbers. If its needed then the software will implement a method called cutting. This a very common way in the financial work it out this way, and the impact of it can be fully ignored.


To get the most pure way to see what the software sends to the API please have a look to the debug logbook. In here you see the exact numbers that are send from the software. We can not show this more pure then this because this information comes from the lowest level of the software API implementation.


We are looking after a few recent reported bugs and i can not yet clarify them yet. There is a 403 error, possibly caused by the APi of bitstamp and there are a few reports about the fee reading of cryptsy. For the last one i would like to give out the advice to use the PercentagePrice -insurance. Its the same as the FeeOvercome insurance but with the exception then the software does not have to read the fee percentages, in this setup you can edit them yourselves. So its avoids the fee reading at cryptsy. - In anyway, please know we are aware of these strange bugs and we will resolve them as soon as possible. Its my target to solve them directly when we release the small update to add in the new coins.

There are a few trade indicators that will preform pretty well on a bubble. In fact almost each indicator can be used if its configured properly. But this last part can be hard and can result in missing the drop. That is why i initially advice to only use a Safety in this situation. A safety like the drop-loss is easier to control and manage.

If somebody would like to use a trade indicator instead then an analysis is required. This analysis should indicator how much power there is inside the bubble, so the thing we have to analyse is the trading volume. In here you can see the investment flow. Once you have a estimate about how fast the price is going up (dollar/minute) then you have a direction, a guide line so to say. This will tell something about the expected drop. The drop has almost 2-3times the power of the raise. This means the sell volume is expected to be 2 of 3 times higher then buy volume now.

The thing we know now are the expected raise and drop and the speed of it. The next thing we want to do is find a indicator that is capable of responding fast at a drop and that holds on at the raise. As i said before, almost all the trade indicator are capable of doing this so there are a lot of options. The only trade indicator that are unusable for this situation are the relative trade indicators (the ones that tell if we are relative high, or low) the reason those do not work is because of there relative setup, in the raise we are high so these indicators will send a sell and that what we do not want here. So please move the Stoch, RSI, StochRSI directly aside, those will not help on this startegy.

The ones i would advice to have a look for are the moving averages. Normally i do NOT advice those for the alt-coin because of the low volume but in this case i am sure they will preform well.

Alright, let see how we can use a moving average and how we should configure it. Let first review some facts, a moving average (of any kind) is following the price trend in general. One follows the prices very quick and the second one follows the prices very slow. As soon as the quick following moving average is dropping below the long one a sell signal is produced. When we put this logic inside a backtest at work then we can confirm it will work this way. But a few things should grap our attention on the backtest, and that is the speed of the buy and sell signals. (those signals are relative late) inside a bubble like we do not want this, we want to stay bought and we want to sell as soon as the drop is detected. In order to make this work we need to tweak the settings of the selected moving average. Our target will be to detect the drop sooner and to respond faster. To make this work we have to reduce the length of the short moving average. By default it is 9 or 12 (depending on the chosen indicator) and we need to lower those. By lowering this short moving average we will tell the trade indicator to respond quicker, after all less prices are used and so the last prices will "weight" the most. once thos short moving averages is shorter we are gonna lave a look to the long moving average. This one is set to 21 or 24 by default and again we want to lower those, the reson why we want this is because we want to follow the prices better and deceted changes sooner, aka make the cross-over of the moving averages happening sooner. This way we can sell sooner on top.

I can only hope this description gives a idea which things you need to tune and to which direction in order to get some good trade signals in a bubble. If i would describe this as a image that i would say the chart should look like this:

You have the price in the uptrend, directly and closely behind it is the short moving average. This one follow very close but may not signal a sell already. The long moving average has to follow the price trend quick too, but not to fast.

A little disclaimer... normally when i skype or mail users i normally give advice to use a long timespan of the moving averages. Aka i tell to raise the update speed from 10minutes to 30minutes or more for better signals. In this case i will give a different advice. In this case its recommended to lower the timer, set it to 5 minutes updates or less. The reason of this advice of the because of the expected rapid movement of the drop, we want to be on top after all so we have to update faster. Aka detect the drop faster and sell higher.

As last thing i would like to point out the differences between the moving averages, i am sure this will be very interesting to have a look at: (and so my of my post earlier becomes more clear)
- MA indicator (this is a SMA based moving average, the signals are solid but slow)
- MACD indicator (this is a EMA based moving average, the signals are faster then the SMA but still relative slow)
- DEMA (this is a EMA+correction based moving average, the signals are relative fast)
- TEMA (this is a EMA+double correction based moving average, the signals are fast)

Please note this is just a suggestion of a possible strategy, there is much more possible. The PPO, Regression slobe, Aroon and so on can be used too. Just do not use the relative indicators, those will not work here.

I was referring to the other markets. Darkcoin has more then enough movement, your right on that one. (i missed this alt pump)

it looks like a bubble, so a dynamic drop-loss would do good. (aka follow up)

@g0re79:
Reading prices is done using 4 different methods in a fall-over structure. If you analyse the JSON data that cryptsy returns then you will see there are more datafields that are giving back the latest price. (for example you could also use the order list data to obtain a price).

For reading prices itself we do not use the connection credentials. But i think the main reason why it looks this way is because we need to track the fee percentages. (for backtesting for example)

BTW I am open into sharing details about the cryptsy api driver if needed.

@Lawk:
The market movement it very low atm. I am testing arbitrage here and thats almost a full stand still due no market movements. :|

@Pengju:
I will have a look if i can make those suggestions work. But i can not promise to make it inside the current big update because the list is full already.

@All:
I have a little sneak peak preview on the Classic interface, the coming Dashboard. It shows a little how we are gonna integrate the arbitrage-bots inside the software. (more details will follow about this)


This is not very interesting of course, but i wanted to show we are implementing both the login for the software (the web login looks different) as the support for more languages (then my terrible english) This shows a Dutch language which will be directly available on version 1.0. More languages will follow in later updates.


And... i totally forgotten to share some detail on the new DEMA and TEMA trade indicators inside version 0.9.9.8.

Both the DEMA and TEMA can be compared to the MACD trade indicator. But the difference is then DEMA uses 1 correction to get close to the prices. Aka respond faster. DEMA does the same, but is uses a double correction to get closer. Aka even a faster responce.

DEMA and TEMA are designed to improve the trade signls of the MACD trade indicator. So if you using this one and you want to buy or sell a little sooner then i can advice to have a look at these ones. (of course when the prices are moving again, which is not at this moment)

I have been told DEMA is highly discussed in some current trading topics.

Yes i can confirm this. We are having our first try of reselling licenses using a partner. Its the first and only one, we do not have plans to expand this reselling principle yet.



The [EarningsOnPercentageTrade Indicator] can indeed best be compared to the [BlindSignal Indicator] and [PercentageChange Insurance]. Is just a different setup and doing the same. (an attempt to make it easier)

Be ware, we are currently in a downtrend so this means it is likely the prices will not be reached unless you compensate for it. What i mean here is that you need to make sure the percentage used for the drop is higher then the raise. Or else you might get stucked for a few days, or at least this weekend. In a uptrend you can do the same adjustment, but the other way around. Again to compensate for the general price trend and to keep the trading up.


The beginner version is really made to help out beginners. That is why the trade indicator and safety toolset is limited.

It is not essential either, because the reasoning is wrong. I think i know why you ask for this indicator in specific, its because by default this trade indicator is giving off the best trade moments. But i can tell you this is just an illusion. The real reason why this trade indicator (by default) gives off the best trade moments is because of the time that it is using.

By default almost each indicator uses a period of 30 minutes to have a view on the prices. The StochRSI is an exception is this. the StochRSI combines both the RSI with the Stoch and so is needs 2x the view. Or in other words, it runs on 60minutes instead of the 30minutes. And this is the only reason why it preforms so well at default. It uses 60minutes and if you adjust an RSI or Stoch to do the same then you will almost get the same (or better) trade momentums. It comes all down to time you give an indicator to say its now high in price or low.

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

@All
And as last i have a glimp of the internal arbitrage that we are working on. We are receiving a lot of information request about how it would work and these screenshots will give a very good impression (at least i hope)

This is a screenshot of which pairs are compatible and can be used in combination.


This is a screenshot of how the calculation is done. (the filter here is Btc/Usd, thats wrong because we will work with a coin and not with pairs on this)


Please note that i have only made these screenshots to show the principle, how it will work. This is not how it will look like when we introduce it, that will be much better of course.

BTW It may not look this way directly, but trading volume is taken into account on the internal arbitrage. We are aware this could be a possible problem with this so we have taken care of that with predefined (aka allowed) lists.

And as last... before the big update (v1.0) comes we will first release another smaller one somewhere next week. This smaller update will bring support for trading at Kraken and at the same time we have a look to add DEMA to the indicators list to. (it was requested by a few users)

Please note: Trading fees of 0.2% at Cex.IO
In the past hours Cex.IO has added trading fee to its exchange. The Haasbot does not yet read this fee percentage and therefore can give losses. In recommended to temporary use the PricePercentage Insurance to stay clear of those possible losses (setup to 0.2% for Cex.IO). We will adapt and update the software as soon as possible to support this trading fees.

Edit:
Minor update released
A minor update of the haasbot has been released, bringing us to version 0.9.9.6. This version will add the new fee percentages of Cex.IO to the software.