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

[mobile4ever]

Not a problem! I consider myself a power user, so I'm always tweaking settings and try to notice when programs might be improved by adding things here and there for ease of usability and what not.

I know that with the nature of this program its not in all of our best interests to make this super easy to use, but for your existing customers I do see this as definitely being a decent usability upgrade for those that would rather not bother with thresholds and are just looking for a bit that will buy and sell at the crossovers, but also gives advanced users the tools to further personalize their experience with the software.

Would you, as a power user, recommend it to an economic newbie like myself?

After I saw that "EMA implementation" has 144 "data points":


(https://bitcointalk.org/index.php?topic=197175.msg2790820#msg2790820)


I am almost scared off from buying this. I saw that Butter Bot comes with instructions, though. What do you think? Is it for a newbie like me?

It's a very easy setup. Don't worry about trying it out. Simple to get going.

Thanks for your reply. The other poster said he is a "power user". How about you? I will probably PM you.

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[xzempt]

any plans to add PPC?   

[fible1]

please the hability to use another traders techniques or parameters! top traders etc.!

Hey ,
  We have something similar to this in mind for Butter-Cream, top traders should be able to set public strategies and and trade them if they like with other users. That should be the first upgrade after Butter-Cream is released; stay tuned .

Pablo.

[fible1]

any plans to add PPC?   

Hey ,
  Not immediately but we plan to add altcoins pretty regularly after the next release .

Please let me know if you need anything at all.

Pablo.

[fible1]

With the right settings, this bot can make 3500% or more per year on Bitstamp or BTC-e. That performance is actually leaving the bot on for the past year and not turning it off during the 2 major downtrends that took place. If you had shut off the bot during those downtrends, the bot would have made 5500% in a year. Of course, you need to use the correct settings to get that kind of performance.  

Knightlife999 - goddamnit, I am struggling to make 1 tenth of those percentages!

With the right settings, you can get a high return with the bot.  

How do you backtest for 1 year? When I use custom date range of 1 year by clicking on the calendar, once I chose the To date the From date disappears. If I manually type in a 1 year date range once I type in the To date, the From date reverts to Jan 1 2014. The 1 year option is not in my drop down list.

Should note that I have a trial edition right now.

The previous version allowed backtesting for one year, and the version before that allowed backtesting for 2 years on Gox. The present version seems to cut off backtesting at 6 months.

Pablo, is there a way you guys can add the 1-2 year backtesting option again?

Guys,
  As far as I am aware, custom back testing can only be done for 6 months but you can still use the drop downs for up to 2 year back testing. Does that make sense to you guys or are you seeing something different? If not, can you please post a screen shot of what you see in back testing in terms of options so I can track it down?

Thank you .

Pablo.

It is impossible to enter a range of more than 6 months in the custom range boxes cor btc-e (that is all that I use)
Screen shot will not work. Need a video to do that or instructions which I will do first:

1) I select a From date of 03/08/2013
2) I select a To date of 03/07/2014
3) The From date disappears

or

1) I manually input a From date of 03/08/2013
2) I manually input a To date of 03/07/2014
3) The From date changes automatically to 01/07/2014

Hey,
  Ok, it turns out you are completely right about the back testing and I was unaware of those changes. I am speaking to the developer so we can increase back testing to one year ASAP. This is an oversight and I apologize for that, we will fix it as soon as possible.

Pablo.

[coinits]

Thanks Pablo! Look forward to the date fix to help me find the 'sweet spot'. Now back to trolling the Heavycoin thread for is shitty release!

[fible1]

Hey Guys ,
  We should be pushing out a release over the next couple of days to increase back testign to one year and to fix the "brain error" issue. You should see it automatically, please do not hesitate to let me know if anyone has any questions.

Pablo.

[mobile4ever]

are there any plans of integrating Ichimoku in v3? Would really love to see that!

I bet that would be one of the possible engine modules for V4. That indicator is way too complex to just "bolt in".

Hey ,
  I'll be sure to bring this up with the dev team .

Pablo.

Here are impressive results statistics from the "Goomboo Journal" using that strategy:


https://bitcointalk.org/index.php?topic=60501.msg2928923#msg2928923

[fible1]

are there any plans of integrating Ichimoku in v3? Would really love to see that!

I bet that would be one of the possible engine modules for V4. That indicator is way too complex to just "bolt in".

Hey ,
  I'll be sure to bring this up with the dev team .

Pablo.

Here are impressive results statistics from the "Goomboo Journal" using that strategy:


https://bitcointalk.org/index.php?topic=60501.msg2928923#msg2928923

Hey ,
 Yep, it's already on the development board; we will make every effort to add it to the first version of Butter-Cream.

.

Pablo.

[mobile4ever]

are there any plans of integrating Ichimoku in v3? Would really love to see that!

I bet that would be one of the possible engine modules for V4. That indicator is way too complex to just "bolt in".

Hey ,
  I'll be sure to bring this up with the dev team .

Pablo.

Here are impressive results statistics from the "Goomboo Journal" using that strategy:


https://bitcointalk.org/index.php?topic=60501.msg2928923#msg2928923

Hey ,
 Yep, it's already on the development board; we will make every effort to add it to the first version of Butter-Cream.

.

Pablo.

Great work...

+1

[3ChopNick]

Hello all!!

I am a newbie here and i realize I need a bot to do the things I want since i work all the time.  How do i sell high and buy low on butter-bot. Right now it seems its buying high and selling low. WHICH by the way is how to lose money and LTC. I am on btc-e and trading LTC. Settings is short 7 long 15 trade 1 hour buy and sell threshold 1 is 0% buy and sell threshold 2 is 0.01%. If i have it on recommended settings it rides the line no buying no selling.

[fible1]

Hello all!!

I am a newbie here and i realize I need a bot to do the things I want since i work all the time.  How do i sell high and buy low on butter-bot. Right now it seems its buying high and selling low. WHICH by the way is how to lose money and LTC. I am on btc-e and trading LTC. Settings is short 7 long 15 trade 1 hour buy and sell threshold 1 is 0% buy and sell threshold 2 is 0.01%. If i have it on recommended settings it rides the line no buying no selling.

Hey Nick ,
  I suggest you go back to the "starter" settings for a couple of weeks (if you are on a demo you can download another demo key, you are not limited to one), and then you can drop me an email and I will happy to help you improve your settings based on your observations during those two weeks according to your own risk profile.

With the settings you currently have you are really trading on noise as you are set to trade on EVERY crossover which is not the best idea on a currency as volatile as Bitcoin.

Just drop me an email and I will be glad to help out.

Pablo.

Pablo@butter-bot.com

[BenAnh]

Can you PM me a license to try it out for a week or two? And what are the recommended settings for LTC?

[fible1]

Can you PM me a license to try it out for a week or two? And what are the recommended settings for LTC?

Hi Ben ,
  Just go to Butter-Bot.com and download a trial license, you'll be all set; unfortunately I can not create them manually.

Since LTC is so new we currently don't have a starter strategy but you should be able to get off the ground with the starter strategy for BTC in the welcome email; I would suggest you try that for a bit and then I will be happy to discuss strategy changes specific to your situation once you have some more experience with Butter .

Pablo.

[fible1]

Just to double check, is anyone still seeing the "brain error" still?

Pablo.

[za3toor]

I think that there is a bug in this platform...

When the Short EMA and Long EMA do cross, the difference should be either a positive number or a negative number. If it is positive, then you should only buy, and if it is negative, you should only sell.

Currently, it is only looking at the threshold, which is nice, but if it starts in the wrong cross, it will always buy & sell in a loss. I should be able to specify to buy/sell based on which EMA is positive and which is negative.

[tempestb]

My bot just vanished from Chrome.  How do I get it back?  It's not disabled or anything, it's like it just decided to uninstall itself.

[mobile4ever]

Can you PM me a license to try it out for a week or two? And what are the recommended settings for LTC?

There is a free trial of this at:


http://www.butter-bot.com/


Click where it says; "Try a free demo".

See here for recommended settings:


https://bitcointalk.org/index.php?topic=197175.msg3113985;topicseen#msg3113985

[za3toor]

I guess as an Idea... you can add an option "Only Sell if Profitable"

It would be an interesting option to have...

[fible1]

I think that there is a bug in this platform...

When the Short EMA and Long EMA do cross, the difference should be either a positive number or a negative number. If it is positive, then you should only buy, and if it is negative, you should only sell.

Currently, it is only looking at the threshold, which is nice, but if it starts in the wrong cross, it will always buy & sell in a loss. I should be able to specify to buy/sell based on which EMA is positive and which is negative.

Hey ,
  The threshold refers to the difference between EMA lines after they have crossed and sells are only triggered when the difference is negative and buys are only triggered when the difference is positive; the fact that both thresholds are expressed as positive values is a cosmetic choice to make things easier for beginner traders.

Still, I appreciate the suggestion and will look into making this more transparent on the next gen system .

Pablo.