(Closed) Butter Bot!: Premier Bitstamp, and BTC-E EMA Trading Platform (Closed)

[joehal]

Does anyone else has this message in butter bot since yesterday ?

The MtGox API is currently having issues but we will keep trying. Butter Bot will recover automatically once the API is back up.

Also BTC-E keeps disconnecting, and I noticed if I go to chrome://extensions/  and stop and start again the bot, BTC-E will now show "connected"

I have Butter Bot version 2.5.1

Anyone else has these problems ?

How did you obtain the newer version?

I installed it normally from their website.
Is this an error associated with this version or is it something everyone sees ? temporarily, I mean a problem from gox.

- BTC-E is now connected all the time, no more problems with btc-e. Only the gox is still disconnected.

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[NginUS]

Joehal,

I would email Pablo.

His email address is in the signature of one of his forum posts under the handle Fible1.

Best of luck.

[joehal]

I solved the problem, I created another API key and now it is working

[NginUS]

I solved the problem, I created another API key and now it is working

Oh, Great!

[ndndr]

If people can share screen shots of the best setting that is working for them successfully, that would be great also.

[Spiffy_1]

Well, the btc crash from almost a thousand  finally paid for the bot.Sold at 950 and bought at 720.My first bit win.  Lately its been a lot of sideways movement that has cost me money ( I blame myself and tried to sell and buy between the bot ticks..) but lose a little to gain a lot...

[Sioux]

When trying out he demo is it working 100% or does the test version
has any restrictions?

looks like butter bot is the best bot around

[Badonkadonk]

When trying out he demo is it working 100% or does the test version
has any restrictions?

looks like butter bot is the best bot around

the demo is a full version

[dspiel]

hey guys,

i am trying out the demo version and had a question regarding the logic involved. I set it up with about half a bitcoin on btc-e on the 6th. Yesterday it a created a sell order at $911 but since then has not put in any type of buy order and I am trying to understand why.

My butter bot is configured as follows:

Trade Frequency 30mins

Short EMA: 20
Long EMA: 42

Tick offset: 2

Buy Threshold 1: 0%
Sell Threshold 1: 0%

Buy Threshold 2: 0.15%
Sell Threshold 2: 0.1%

No trailing stop loss

Is there anything I am doing wrong, I am really trying not to manually buy back in but I am concerned I am doing something or maybe its just the lack of understanding thats concerning me.

[NginUS]

hey guys,

i am trying out the demo version and had a question regarding the logic involved. I set it up with about half a bitcoin on btc-e on the 6th. Yesterday it a created a sell order at $911 but since then has not put in any type of buy order and I am trying to understand why.

My butter bot is configured as follows:

Trade Frequency 30mins

Short EMA: 20
Long EMA: 42

Tick offset: 2

Buy Threshold 1: 0%
Sell Threshold 1: 0%

Buy Threshold 2: 0.15%
Sell Threshold 2: 0.1%

No trailing stop loss

Is there anything I am doing wrong, I am really trying not to manually buy back in but I am concerned I am doing something or maybe its just the lack of understanding thats concerning me.

Try punching your EMA numbers into bitcoinwisdom.com so you can see the same EMA lines the bot sees, then you'll know when they're close to crossing & can predict when the bot will act.

The bot will wait to buy until the price has bottomed out, & starts to rise again, just like it does at the top of the curve just at the bottom in the opposite.

[NginUS]

If people can share screen shots of the best setting that is working for them successfully, that would be great also.

If you look back through this thread you'll find lots of posts where people have shared their settings, you just have to look through & find them.

[Sioux]

Just to clarify

Butter Bot just trades when the EMA lines crossover?

its the same principle like in Goomboo's Journal?

I have tried trading thousands (literally, thousands) of trading strategies for the past few years, but I have found that the more simple and less elaborate I make my trading, the more profitable it becomes.  The system I use for Bitcoin is very, very simple and straight forward.

I trade a 10 and 21 exponential moving average crossover.  When the 10 crosses over the 21, I buy.  When the 10 crosses under the 21, I sell or sell short.  I chart and trade through RTBTC."

https://bitcointalk.org/index.php?topic=60501.0


---Im at page 6 of goombos journal so far---

Does this EMA crossover strategy work when you actually do it?
It seems like you loose 70% smaller amounts and make 30% big profits

Checked the charts and it does look like it works.

What are the butter bots users profits in the past month?
Tell yours

[simiane]

I downloaded the new version, but it's installed alongside the old version with none of the same settings - any idea how I can rectify this?

[chatnoir]

Just to clarify

Butter Bot just trades when the EMA lines crossover?

its the same principle like in Goomboo's Journal?

I have tried trading thousands (literally, thousands) of trading strategies for the past few years, but I have found that the more simple and less elaborate I make my trading, the more profitable it becomes.  The system I use for Bitcoin is very, very simple and straight forward.

I trade a 10 and 21 exponential moving average crossover.  When the 10 crosses over the 21, I buy.  When the 10 crosses under the 21, I sell or sell short.  I chart and trade through RTBTC."

https://bitcointalk.org/index.php?topic=60501.0


---Im at page 6 of goombos journal so far---

Does this EMA crossover strategy work when you actually do it?
It seems like you loose 70% smaller amounts and make 30% big profits

Checked the charts and it does look like it works.

What are the butter bots users profits in the past month?
Tell yours

i'd say its probably been a good month for trading in general. We switched butter-bot on on 1st dec since then we've had a a really big swing and we are in the middle of a significant one now.

so, since we started we've made 24.5% in dollars and almost the same in BTC. We're in dollars atm if we bought BTC back now we'd be 49% up.

It was quite hard at first. Most of december (certainly around christmas) the market was pretty flat. Thats when the bot SEEMS (still our first month) to make those bad trades. I certainly thought I could do better. I guess it's because since starting the bot I've paid much more attention to the chart. I'd not heard of bitcoinwisdom or cryptotrader or even EMA we simply took a punt cause we sold some litecoins at such a high price.  Anyway, once you get your head around its a LONG TERM view and your investment is safe (dont quote me on that, I'm still only starting with the strategy and I am sure some with much more experience will put me firmly in my place) should anything major happen while you sleep, you can see that it could potentially work. For now, for me, it is.

[fible1]

I downloaded the new version, but it's installed alongside the old version with none of the same settings - any idea how I can rectify this?

You will need to delete the old extension and install fresh from the Chrome store. This is a one time thing, it will allow us to deploy updates more easily in the future.

Pablo.

[fible1]

*************
About Updates
*************

It was discussed on the thread the other day that auto-updating might not be for everyone. I tend to agree for the reasons already discussed so future major upgrades will work like this:

-We will have a standard and stable release on the Chrome store (currently 2.5.1)

-If we were to release V3 tomorrow, that would be a separate extension on the Chrome store labeled something like "Butter-Bot Beta". Those who wish will be free to upgrade to the Beta and those who wish can wait a few weeks for the Beta (assuming all is well) to replace the current stable release.

I hope that works for everyone and settles concerns .

Pablo.

[simiane]

Ok, thanks Pablo.

Bot's been doing well for me over the last month - very pleased I purchased.

[tnkflx]

Is anybody else having issues with the new version? I copied all my settings, but it seems no ghraps are drawn?

In addition, is it normal that I don't see my licensing information anymore? (E-mail address etc?)

[fible1]

Is anybody else having issues with the new version? I copied all my settings, but it seems no ghraps are drawn?

In addition, is it normal that I don't see my licensing information anymore? (E-mail address etc?)

Hi TNK ,
  No, that's not normal. Please double check your license is entered correctly; email me at Pablo@Butter-Bot.com if this doesn't work and I will be happy to help you resolve this .

Pablo.

[dspiel]

Pablo can you pm me a 30day trial license? I signed up on your site and only received 1 week trial.