Gunthar (OP)
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January 31, 2017, 03:01:56 PM |
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Hi Gunthar!
Started my bot at the first time, and the bot bought the coins.
My % of Gain was 1.2
Now, for example with DASH:
price target to buy: 0.01681544 price target to sell: 0.01720402
If I calculate, that is 2% not 1.2%.
So how does the bot calculate this price?
You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25) Also you have to calculate roundings which is fixed at 8 digits. The bot maths are right. ~Gun EDIT: 0.25% for buy + 0.25 for sell orders ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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cointrader83
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2017, 03:09:40 PM |
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Hi Gunthar!
Started my bot at the first time, and the bot bought the coins.
My % of Gain was 1.2
Now, for example with DASH:
price target to buy: 0.01681544 price target to sell: 0.01720402
If I calculate, that is 2% not 1.2%.
So how does the bot calculate this price?
You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25) Also you have to calculate roundings which is fixed at 8 digits. The bot maths are right. ~Gun EDIT: 0.25% for buy + 0.25 for sell orders ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Can you share with us your settings/parameters Gunthar?
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Lone Shark
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January 31, 2017, 03:17:45 PM |
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So this means that the bot is adding 0.25% based on the setting. Meaning when we put a target income per trade of 1.2% then it actually sells it at 1.45% of the buy price? Is that correct? If it is, then that is logical and I didn't know until now.
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Gunthar (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2017, 03:21:14 PM |
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Hi Gunthar!
Started my bot at the first time, and the bot bought the coins.
My % of Gain was 1.2
Now, for example with DASH:
price target to buy: 0.01681544 price target to sell: 0.01720402
If I calculate, that is 2% not 1.2%.
So how does the bot calculate this price?
You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25) Also you have to calculate roundings which is fixed at 8 digits. The bot maths are right. ~Gun EDIT: 0.25% for buy + 0.25 for sell orders ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Can you share with us your settings/parameters Gunthar? Because of testing purposes of my running instances i only use default settings. If you scroll this thread you will find a lot of users sharing their configs and their profit/loss. My suggestion is: depending on your trading attitude, you can lower the % of Gain to have multiple recurrent trades per day or you can set it higher to have less trades but with more profit.
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Gunthar (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2017, 03:23:12 PM |
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Hi Gunthar!
Started my bot at the first time, and the bot bought the coins.
My % of Gain was 1.2
Now, for example with DASH:
price target to buy: 0.01681544 price target to sell: 0.01720402
If I calculate, that is 2% not 1.2%.
So how does the bot calculate this price?
You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25) Also you have to calculate roundings which is fixed at 8 digits. The bot maths are right. ~Gun EDIT: 0.25% for buy + 0.25 for sell orders ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Can you share with us your settings/parameters Gunthar? Because of testing purposes of my running instances i only use default settings. If you scroll this thread you will find a lot of users sharing their configs and their profit/loss. My suggestion is: depending on your trading attitude, you can lower the % of Gain to have multiple recurrent trades per day or you can set it higher to have less trades but with more profit.
So this means that the bot is adding 0.25% based on the setting. Meaning when we put a target income per trade of 1.2% then it actually sells it at 1.45% of the buy price? Is that correct? If it is, then that is logical and I didn't know until now.
Correct my Lonely friendly Shark! You are correct...as always ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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cointrader83
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2017, 03:25:11 PM |
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Hi Gunthar!
Started my bot at the first time, and the bot bought the coins.
My % of Gain was 1.2
Now, for example with DASH:
price target to buy: 0.01681544 price target to sell: 0.01720402
If I calculate, that is 2% not 1.2%.
So how does the bot calculate this price?
You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25) Also you have to calculate roundings which is fixed at 8 digits. The bot maths are right. ~Gun EDIT: 0.25% for buy + 0.25 for sell orders ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Can you share with us your settings/parameters Gunthar? Because of testing purposes of my running instances i only use default settings. If you scroll this thread you will find a lot of users sharing their configs and their profit/loss. My suggestion is: depending on your trading attitude, you can lower the % of Gain to have multiple recurrent trades per day or you can set it higher to have less trades but with more profit. Have you enabled Bloody Mary, or no?
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Gunthar (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2017, 04:02:31 PM |
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Hi Gunthar!
Started my bot at the first time, and the bot bought the coins.
My % of Gain was 1.2
Now, for example with DASH:
price target to buy: 0.01681544 price target to sell: 0.01720402
If I calculate, that is 2% not 1.2%.
So how does the bot calculate this price?
You want to have 1.2% at net of fees (it adds poloniex fees which are always calculated at 0.25) Also you have to calculate roundings which is fixed at 8 digits. The bot maths are right. ~Gun EDIT: 0.25% for buy + 0.25 for sell orders ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Can you share with us your settings/parameters Gunthar? Because of testing purposes of my running instances i only use default settings. If you scroll this thread you will find a lot of users sharing their configs and their profit/loss. My suggestion is: depending on your trading attitude, you can lower the % of Gain to have multiple recurrent trades per day or you can set it higher to have less trades but with more profit. Have you enabled Bloody Mary, or no? Nope and i will never enable it. I wont sell at loss, that's a personal thing that some users asked. Personally i'd hold and wait for the coin to recover
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Gunthar (OP)
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January 31, 2017, 08:04:50 PM |
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cointrader83
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January 31, 2017, 08:06:30 PM |
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I started my bot today in first time. I will post my statics here.
Unfortunately today I have just boughts and all my balance waiting for selling.
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REorEVOLUTION
Newbie
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Merit: 0
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January 31, 2017, 10:47:01 PM |
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Hi Gunthar
I only stopped/closed instances of the bot for currency pairs which had no open orders. Now I have a few altcoins in my account which the bot seems to have bought but did not put in a sell order in. How do you think that came about?
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Gunthar (OP)
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January 31, 2017, 10:56:33 PM Last edit: January 31, 2017, 11:12:17 PM by Gunthar |
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Hi Gunthar
I only stopped/closed instances of the bot for currency pairs which had no open orders. Now I have a few altcoins in my account which the bot seems to have bought but did not put in a sell order in. How do you think that came about?
AS already explained previously in this thread, that's a normal behaviour: the bot doesnt put ALL coins to sell orders if there is not enough ask/bids at that price and also to not engulf the "onOrder" balance of type "SELL" so, your bot, would keep buying if market conditions are met (otherwise you would reach the "We used enough balance on this pair..." message too early) Please dont stop the bot nor trade those coins manually: by the order number, the bot is able to store the BUY price and to put a SELL price for those coins soon as the market conditions are again with enough ask/bid volume for that price. Thanks! ~Gun EDIT: i understand now it is not your intention to trade those coins anymore. So you should calculate they buy price to put a sell price manually. You can do it by bot logs or you can just go to this page of poloniex and see the average BUY price for that coin and do your maths https://poloniex.com/tradeHistory#analysis/FCT/BTC(example is FCT, change to your desired coin)
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Decoded
Legendary
Offline
Activity: 1232
Merit: 1030
give me your cryptos
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February 01, 2017, 06:28:23 AM |
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Just throwing this question out there, want to see what we all think on this. Is it smart to trade multiple pairs that include the same coin? For example, I currently am trading BTC/XMR, BTC/ETH, BTC/USD, and USD/ETH. As you can see, I have alot of pairs linking to BTC. If the price of bitcoin goes up (It's almost always bullish and is currently bullish), then logically the price of the other alts will go down. That's what's happening right now, and my bot is pretty much buying all the ETH and XMR it can get it's hands on. Should I be worried? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZkY1WnA.png&t=665&c=--sG8qn6Kk7zbw) TBH im worried.
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looking for a signature campaign, dm me for that
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cointabo
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February 01, 2017, 06:53:40 AM |
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Just throwing this question out there, want to see what we all think on this. Is it smart to trade multiple pairs that include the same coin? For example, I currently am trading BTC/XMR, BTC/ETH, BTC/USD, and USD/ETH. As you can see, I have alot of pairs linking to BTC. If the price of bitcoin goes up (It's almost always bullish and is currently bullish), then logically the price of the other alts will go down. That's what's happening right now, and my bot is pretty much buying all the ETH and XMR it can get it's hands on. Should I be worried? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZkY1WnA.png&t=665&c=--sG8qn6Kk7zbw) TBH im worried. I am a fellow gunbot trader, and what I suggest you to do at times like this is, stop gunbot and start manual accumulation, as you have mentioned earlier in your post, when BTC goes up all the other altcoins go down, hence, its a free fall for alts. Accumulate them when they're cheap and resume gunbot when btc starts going down. Thats what I am doing.
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soyab0007
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February 01, 2017, 07:23:27 AM |
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So basically its a combination manual and auto..
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Gunthar (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 01, 2017, 07:30:23 AM |
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So basically its a combination manual and auto..
Well no. The bot is able to buy and when coins are cheap like this, the bot is even happier ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What they are trying to say is: they buy manually a "huge" amount of cheap coins (the bot wont buy a "huge" amount: it will stop to buy once you have reached a settings called "max % of balance" on that pair). Also: it is NOT recommended to trade the same coin against 2 different pairs (BTC/ETH vs USDT/ETH vs USDT/BTC i.e.). The bot isnt an arbitrage bot: trade them with different poloniex accounts and balances! Thanks!
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Decoded
Legendary
Offline
Activity: 1232
Merit: 1030
give me your cryptos
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February 01, 2017, 09:33:06 AM |
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So basically its a combination manual and auto..
Well no. The bot is able to buy and when coins are cheap like this, the bot is even happier ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What they are trying to say is: they buy manually a "huge" amount of cheap coins (the bot wont buy a "huge" amount: it will stop to buy once you have reached a settings called "max % of balance" on that pair). Also: it is NOT recommended to trade the same coin against 2 different pairs (BTC/ETH vs USDT/ETH vs USDT/BTC i.e.). The bot isnt an arbitrage bot: trade them with different poloniex accounts and balances! Thanks! Ah, noted. Was doing that to try and hedge my investment, however I was just setting myself up for multiple losses. The only pair I kept was USDT_BTC and USDT_ETH, pecause USD isn't as volatile as the other cryptos. That should be fine, right?
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looking for a signature campaign, dm me for that
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guelz
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February 01, 2017, 10:23:58 AM |
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Gunbot is doing fine so far, trading 7 pairs on a Odroid XU4!-)
One quick question: Is "MAX_BALANCE:" to use on one pair calculated off "Total Balance (BTC)" or "Total Balance" minus "on Orders"?
The Bot so far never used my whole BTC Balance and it looks like I can trade more than a 100% all summed up!-) I'm aware that it might leave the bot without funds on a pair "some day" but so far it has not happened!
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Decoded
Legendary
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Activity: 1232
Merit: 1030
give me your cryptos
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February 01, 2017, 10:50:25 AM |
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Gunbot is doing fine so far, trading 7 pairs on a Odroid XU4!-)
One quick question: Is "MAX_BALANCE:" to use on one pair calculated off "Total Balance (BTC)" or "Total Balance" minus "on Orders"?
The Bot so far never used my whole BTC Balance and it looks like I can trade more than a 100% all summed up!-) I'm aware that it might leave the bot without funds on a pair "some day" but so far it has not happened!
May I ask, what pairs are you trading?
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looking for a signature campaign, dm me for that
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soyab0007
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February 01, 2017, 10:56:18 AM |
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Does the bot make adjustments to the lows and highs so as to not buy a coin when it's low but then be unable to sell if the coin starts to crash or something of that sort?
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Gunthar (OP)
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February 01, 2017, 11:03:15 AM |
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Does the bot make adjustments to the lows and highs so as to not buy a coin when it's low but then be unable to sell if the coin starts to crash or something of that sort?
That's the part of the bloodymary strategy, it gets rid of old BUY orders and old SELL orders. Also: with the latest update the bot doesnt buy too low anymore and it stops at max % balance threeshold: that's a protection to not keeping to buy during a crash.
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