About trade bots

[Just Developer]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

[1715431316]

1715431316

[Patatas]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

-> It should be open-sourced.
-> Allows threading,running multiple processes.
-> Allows user custom conditions in the most non-programmatic way possible.
-> Should automate everything,from logging in to transferring bitcoins and everything in between.
-> Predictive analysis.

[eternalgloom]

As someone who isn't a developer, I'd like to see more custom algoritms added to most tradebots I've used.
Just keeping it as simple as possible, with having more options to choose from.

I hope that makes sense

[Iranus]

It's important that the bot has a lot of manual controls and is very adaptable.  Bots that try to fully automate themselves will never be as good as bots which allow you to choose what you're trading and, to some extent, at what levels to buy and sell (like Gunbot and C.A.T).

[giveen]

For me personally i haven't used a bot. I may use in future but the only thing i doubt is it should actually work. I literally
don't care about any review or vouches if i don't get the result i will be dissatisfied. I totally agree that there will loss
occur but i don't want too many loses.

[Sled]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

I don't like auto trade bots because even though they are created with a certain program to follow and even if it will make your trading experience easier it is not enough for you to assure that you will earn money constantly. In my opinion, I prefer manual trading rather than auto trading bots because they didn't have that experience since they are just program.

[noictib]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

The main quality in this system should be open source Because we can make hardwork instead to pay a amount of money .
Here in my opinion The bot should have multiple programming  , I mean the bot can handle the already script ( flow of trade ) trading for all the altcoins at the single time , Because every altcoin have own advantage to buy and sell at proper timing .
Well here I am satisfied with the trading bot of Poloniex  about 80-90% Because it fullfill my requirements .

[pooya87]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

since i am running my own bot, all the features i want i either have or still can not implement (having trouble with the logic or some other lazy reason). but the only feature that i am looking for and constantly try to improve upon is speed.
in trading it is mandatory to have high speed when using a bot, it needs to communicate with the highest speed and also do all the calculations and logic with the highest speed. and this is where the code comes in and needs to be good to do this. specially if it is automatic.

[Zadicar]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

Doesnt care at all since i dont really use bot when im doing trading and incase if theres a bot i would like then it should be open source and put some automation settings which arent present on most bots as of these days.Trading bots are good to use when you do have somethings to do but i would rather choose manual than auto.

[Patatas]

As someone who isn't a developer, I'd like to see more custom algoritms added to most tradebots I've used.

What do you mean by custom algos ?I'm sure a bot developer won't use a open-sourced bot code for that particular website.Since you're not a developer,I stil understand.

Just keeping it as simple as possible, with having more options to choose from.

I hope that makes sense

That doesn't really explain much,does it ? If you have actually used a trading bot you'd know what features the lack.

[iqlimasyadiqa]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

I honestly do not recommend you to use a bot. you will be getting the satisfaction and also the results with manual trading. since the bot does not reflect how the mindset of our walk. just an assumption of mine as a trader.

[Sampey]

Check here : https://bitcointalk.org/index.php?topic=507103.0 

[AdolfinWolf]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

I honestly do not recommend you to use a bot. you will be getting the satisfaction and also the results with manual trading. since the bot does not reflect how the mindset of our walk. just an assumption of mine as a trader.

It could be extremely profitable to use a bot and "high-frequency" trade the shit out of the market.

Not sure if it is still possible, but i know people were "high-frequency" trading on coinbase before. Therefore if you could, i would definitely make a bot, and use it.

[hermanhs09]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

main thing is that you should always check that support won't have the access to withdraw your funds. And then you should look at whether or not the algorithm the bot works on is legit, for example Gunbot is a great example of a simple yet working algorithm.

[jovs]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

I don't like auto trade bots because even though they are created with a certain program to follow and even if it will make your trading experience easier it is not enough for you to assure that you will earn money constantly. In my opinion, I prefer manual trading rather than auto trading bots because they didn't have that experience since they are just program.

i don't  consider bots on trading. Even if some bots has a algorithm with perfect and smooth trading function i don't like using bot on my trading. Because for me it is like cheating to earn. For me the best way to earn is when you work hard for it . In trading there is always a risk and if we would used trading bot the probability is much more higher because you  are not the one who will manage your trading . It is just like on gambling where the is auto bet which is much more risky. So i suggest to stay on manual trading focus and do your best.

[amacar2]

--> Free but active update should be available
--> Open source so that it can be modified according to need
--> Can support almost any trading platform and any coin pair
--> Must have quite user friends user interface so that even a noob can run it
--> Must contain few built in trading strategy which can be changed within few mouse click will be nice
--> Option to add own custom trading strategy for both day and long term trading.

[freemanjackal]

What are the features that you should have in a trading bot for you? Are there any missing features in the bot software you are using?

How should a good bot software be?

since i am running my own bot, all the features i want i either have or still can not implement (having trouble with the logic or some other lazy reason). but the only feature that i am looking for and constantly try to improve upon is speed.
in trading it is mandatory to have high speed when using a bot, it needs to communicate with the highest speed and also do all the calculations and logic with the highest speed. and this is where the code comes in and needs to be good to do this. specially if it is automatic.

due you are running your won bot, is it running on poloniex exchange? if that s the case are you using the push api, or making http request?

And about the features it should be accurately on the used algorithms, and give the user the option to manage the tradings efficiently nad like someone have said been able to trade on all possible altcoins

[shield132]

I amn't user of bots because I prefer trading manually but to my mind if we create ideal bot, it will be better if it has option of registering together in many trading website with one email and passwords and after that with good and fast analyze from that trading websites (like Poloniex and etc) decide to when buy and sell, also option of new coin analyzing will be great but it in rrality it can't be nearly truth because there are many scam coins.

[Sled]

I amn't user of bots because I prefer trading manually but to my mind if we create ideal bot, it will be better if it has option of registering together in many trading website with one email and passwords and after that with good and fast analyze from that trading websites (like Poloniex and etc) decide to when buy and sell, also option of new coin analyzing will be great but it in rrality it can't be nearly truth because there are many scam coins.

Trading manually is the best choice for a professional trader because in my opinion those people who stick to bots for trading are lazy people with doesn't have enough knowledge in trading so they are using bots whether they bought them or get it on a website. Manual trading is fun and challenging because everyday you can learn new things that can enhance your experience while bots will get you stuck at the same level of knowledge.

[arunka71]

I can assure you, that you can learn new stuff every day, when you develop trade bots. Comparing my current code with the code from a few years looks almost like a quantum leap to me.

There's soo much bleeding-edge technology used in trading now, that you can earn knowledge in almost every field. Be it various programming languages, artificial intelligence, fpgas, asics, networking, databases and so much more.

Sky (or the developers creativity) is the limit! 

[micher143]

Trading bot us just same with the gambling site the autobet feature, because you will set in that the buying point and the selling point that you want I think that bot is just for no time people because they are too busy but for me the professional trading is manual because in trading the pick price can't be determine it is depend on your luck but in bot you can miss the pick price. I think manual trading is the best. 

[arunka71]

There are bots with strategies, that are far more complex.

[Sled]

Trading bot us just same with the gambling site the autobet feature, because you will set in that the buying point and the selling point that you want I think that bot is just for no time people because they are too busy but for me the professional trading is manual because in trading the pick price can't be determine it is depend on your luck but in bot you can miss the pick price. I think manual trading is the best. 

Great comparison and i agree with your comparison. Those auto trade bots in different trading sites are like bots in gambling sites because they didn't have assurance that they will give you enough profits because most of them are just designed for lazy people who want to earn money very fast and very easy but that is not how the game works because the game only pays off to the people who are hard working and smart, so doing manual can be the best help for you to be on the top.