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

[davidspitzer]

Review from my blog

http://btclag.org/?p=211

[fible1]

Review from my blog

http://btclag.org/?p=211

Thank you Dave for your great review!

Best .

Pablo.

[fible1]

Referrer and Reseller Announcement:

I am offering a commission of 12.5% paid ON THE SPOT to any customer who sends a new customer my way. Just have your friend give me your BTCTalk ID and when the purchase is complete I will email you to send your cash .

I am also launching a reseller program, anyone interested in becoming a reseller, please email me (sales@BTCBots.com) for details, high commissions, very little work, PAID ON THE SPOT .

Best,
  Pablo.

[fible1]

We published an upgrade today, with some minor fixes, mostly under the hood.

Anyone who hasn't gotten it yet, please let me know .

Best,
   Pablo.

[fible1]

Announcements:

1. New website coming live soon for automated purchases.
2. Version 2 (V2) including arbitrage alert bot and other important features is almost done.
3. V3 with multi market integration is in the works.

If anyone has any feature suggestions for future upgrades, now is the time!

Pablo.

[Bitmunitions]

Referrer and Reseller Announcement:

I am offering a commission of 12.5% paid ON THE SPOT to any customer who sends a new customer my way. Just have your friend give me your BTCTalk ID and when the purchase is complete I will email you to send your cash .

I am also launching a reseller program, anyone interested in becoming a reseller, please email me (fible1@yahoo.com) for details, high commissions, very little work, PAID ON THE SPOT .

Best,
  Pablo.

Things look great so far. Successfully got the program from fible1 after payment. Great service.

Keep it up!

[davider]

I also had a very good experience with fible1. So far the bot is working well, a lot more stable than the original one.
Looking forward to the BTC-E integration.

[IdiotHole]

I'm currently testing one of the open-source originals that this bot is based on.  If I have positive results then I'm keen to buy it when the multi-market integration is implemented.

I just have a few questions:

- Will you be supporting other cryptos? For example, will it be possible to trade LTC on BTC-E?
- If so, would it be possible to run two instances of the bot (presumably in seperate Chrome windows?) on BTC-E, one trading LTC and the other trading BTC.
- If the above is possible, presumably you would need to implement a way to support multiple balances for the different cryptos?

One feature that might be useful is to be able to specify the reserve amount as a percentage as well as a number. For example, instead of specifying that I want to keep 10 BTC that the bot cannot trade with, I could specify that the bot can only ever trade with 50% of my BTC balance.

[michaelexeter]

I keep some long term investment coins in my mtgox account (40ish) as I hope that these over time will rise considerably, but I day trade with around $3000. when the bot is executing trades, I want it to play around with my $3000 but leave my 40btc alone, will the new version do this? If so u have a sale!

[sukiho]

I keep some long term investment coins in my mtgox account (40ish) as I hope that these over time will rise considerably, but I day trade with around $3000. when the bot is executing trades, I want it to play around with my $3000 but leave my 40btc alone, will the new version do this? If so u have a sale!

would it not be safer and simpler to take the long term coins off mtgox and store them somewhere secure?

[michaelexeter]

you're probably right, what is the best way of doing this?

Mike.

[btctraderr]

Bought this extension the other day, will be trialling it over the next few days with the recommended settings and report back. Thanks to Fible1, he seems like a helpful guy.

[fible1]

I'm currently testing one of the open-source originals that this bot is based on.  If I have positive results then I'm keen to buy it when the multi-market integration is implemented.

I just have a few questions:

- Will you be supporting other cryptos? For example, will it be possible to trade LTC on BTC-E?
- If so, would it be possible to run two instances of the bot (presumably in seperate Chrome windows?) on BTC-E, one trading LTC and the other trading BTC.
- If the above is possible, presumably you would need to implement a way to support multiple balances for the different cryptos?

One feature that might be useful is to be able to specify the reserve amount as a percentage as well as a number. For example, instead of specifying that I want to keep 10 BTC that the bot cannot trade with, I could specify that the bot can only ever trade with 50% of my BTC balance.

Hi ,
   To answer your questions:

1. Yes, we will be supporting other cryptos. This will happen in the V3 upgrade which is currently in alpha testing.
2. This is one of the things we are working out. V3 will include a fully functional arbitrage bot so that you can take advantage of arbitrage opportunities on multiple exchanges automatically; therefore, if you are running multiple instances of the bot you will need a way to shut of arbitrage bot only. This won't be a problem if you are only running EMA bot. A solution is in the works .
3. Percent reserve will almost certainly be a feature in V2, coming out as a free upgrade in a couple of weeks .

Anything else you may need, I'm your man .

Pablo.

[fible1]

I keep some long term investment coins in my mtgox account (40ish) as I hope that these over time will rise considerably, but I day trade with around $3000. when the bot is executing trades, I want it to play around with my $3000 but leave my 40btc alone, will the new version do this? If so u have a sale!

Hi Micheal,
    Yes, the new version V2 (which will be a free upgrade to early adopters), which will be out in the next 2-3 weeks, will allow you to specify a reserve either as USD or BTC; if all goes well you will also be able to specify a fractional reserve of holdings .

If you would like to purchase, please email me at sales@BTCBots.com .

Anything else I can do for you, please let me know!

Pablo.

[fible1]

Bought this extension the other day, will be trialling it over the next few days with the recommended settings and report back. Thanks to Fible1, he seems like a helpful guy.

Thank you! It was a pleasure dealing with you as well .

Pablo.

[papamoi]

hi fible

i don t get it here:

is this an arbitrage trading bot or is this something else?


can you details some funtionnality and give a demo access or something similar?

thanks

and another subsidiairy question,are you able to build something similar for forex markets based on FIX or any proprietary API?

Thanks
 

[fible1]

hi fible

i don t get it here:

is this an arbitrage trading bot or is this something else?


can you details some funtionnality and give a demo access or something similar?

thanks

and another subsidiairy question,are you able to build something similar for forex markets based on FIX or any proprietary API?

Thanks
 

Hi Papamoi ,
   This is currently an EMA strategy trading bot. We will be incorporating an arbitrage alert bot on top of it in the next release and then fully automated arbitrage trading on top of that for the subsequent one .

We don't currently have a demo version but here are some of the current features:

1. The code has been completely written in JQuery.
2. The bot is completely stable.
3. You can set different trading windows, 1 minute, 15 minutes, 30 minutes, 45 minutes and 1 hour.
4. You can set two different thresholds for buy and sell commands. You will be notified when the EMA value passes threshold 1 but the bot will only trade after the EMA value has passed threshold 2. Thats 2 threshold for buy and 2 thresholds for sell that you can set.
5. The bot now displays a beautiful graph to show you the trend.
6. There is an arrow on the display showing whether the trend is going up or down.
7. The bot will EMAIL YOU once a threshold has been crossed and once a trade has been made (LIVE), please note you need a FREE account at postmarkapp.com, which grants you 10,000 free emails, thats about 8 years worth of free bot operation.

Screenshots of the current version:





Screenshots of V2 alpha (upcoming):





Any questions you may have, please let me know, or email me at sales@BTCBots.com .

Best,
  Pablo.

[fible1]

Just to let everyone know that we have released a new version this afternoon which deals with the following issues:

1. Aesthetic improvements.
2. Fix for high CPU usage on laptops when internet connectivity is lost.
3. Fix for the bug which blocked trading when PostMarkApp.com had not been set up properly.
4. Other, "under the hood" improvements.
All previous customers will be emailed a copy of the release.

All new customers will receive this version, any existing customers who have not received it already, please drop me an email .

Best,
  Pablo.

[IdiotHole]

How about some sort of ranging market detection so that the bot would stop trading in periods of low volatility like we've seen over the last few days?

The link in this post seems very interesting: https://bitcointalk.org/index.php?topic=67591.msg2118599#msg2118599

[fible1]

How about some sort of ranging market detection so that the bot would stop trading in periods of low volatility like we've seen over the last few days?

The link in this post seems very interesting: https://bitcointalk.org/index.php?topic=67591.msg2118599#msg2118599

Hi ,
  Yes I saw the post and I've been thinking about it. An EMA trading bot, by its very nature (it identifies trends), is resistant to volatility if proper time thresholds are used (15 minutes to an hour in the BTC market, I personally use 30 minutes), you can see a full discussion here: https://bitcointalk.org/index.php?topic=60501. The solution on the thread is more designed for a frequency bot, the author using 5 minute trade windows for his samples (a frequency bot). This is a very understated but very, very, important distinction.

What this solution is doing is its taking the lowest value from the current set of data and subtracting it from the highest, then comparing that value to the last value obtained from the last set of data. It's not a complex implementation.

The solution implemented here is very easy for us to add to the bot and I'm happy to schedule it, I have yet to turn down a request for the new version , but please be aware it is a highly unstable solution that will likely be counterproductive. I leave you with the words of the programmer who added the feature in the bot you are discussing:

"Whether this is the best way of working out volatility, I'm not sure." - Eduk

What I can promise you is that we will be sure to publish a complete and effective volatility solution when we have found one and tested it out with our own money .

Pablo.