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

[libertybuck]

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Demo Version
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I just want to let everyone know that we have enabled a demo version of the bot to which you can refer your friends if they are interested in the bot but not yet committed to purchasing . You can find the demo bot on the main page: www.butter-bot.com; the demo lets you test drive the full featured bot for a full hour so you can get a hang of the features and running ops.

Please let me know if anyone needs anything .

Pablo.

Hi, I tried the demo today. It sold all of my btc in btc-e. But I could not find order history from the bot. Please add this feature in later version.

[spikejnz]

Thanks for the clarification Pablo.

If you need anything else, please just let me know .

For V3 we hope to provide alternate strategy modules so that you can run, say, a high frequency bot instead of an EMA bot and take advantage of micro fluctuations instead of trends. We're working hard on making Butter-Bot as versatile as possible .

Pablo.

I'm very excited about this feature! There have been big improvements in the last few builds, and each build just gets better and better. Thanks!

[fible1]

****************
Demo Version
****************

I just want to let everyone know that we have enabled a demo version of the bot to which you can refer your friends if they are interested in the bot but not yet committed to purchasing . You can find the demo bot on the main page: www.butter-bot.com; the demo lets you test drive the full featured bot for a full hour so you can get a hang of the features and running ops.

Please let me know if anyone needs anything .

Pablo.

Hi, I tried the demo today. It sold all of my btc in btc-e. But I could not find order history from the bot. Please add this feature in later version.

Hi LibertyBuck ,
   We are looking into this feature. It has been requested a couple of times and we think it would be interesting; perhaps we can figure something out after we release V2.1 .

Pablo.

[sundaywork]

Are you still able to move USD out of MTGOX to other market?

[fible1]

Are you still able to move USD out of MTGOX to other market?

Hi Sundaywork ,
    I'm not sure I understand your question. You can move your money in any way a given exchange will allow you; the only impact that has on the bot is on trading funds.

Please let me know if you need anything at all.

Pablo.

[sundaywork]

As now people are not able to get money out of MTGOX due to their suspending of the withdrawing. How can you make arbitrage with out liquidation.

Are you still able to move USD out of MTGOX to other market?

Hi Sundaywork ,
    I'm not sure I understand your question. You can move your money in any way a given exchange will allow you; the only impact that has on the bot is on trading funds.

Please let me know if you need anything at all.

Pablo.

[fible1]

As now people are not able to get money out of MTGOX due to their suspending of the withdrawing. How can you make arbitrage with out liquidation.

Are you still able to move USD out of MTGOX to other market?

Hi Sundaywork ,
    I'm not sure I understand your question. You can move your money in any way a given exchange will allow you; the only impact that has on the bot is on trading funds.

Please let me know if you need anything at all.

Pablo.

Hi Sunday,
   Ok, now I see what you are saying. It's not an arbitrage bot but rather an Exponential Moving Average (EMA) bot so it does not need to withdraw coins from an exchange but rather to be able to trade coins for USD or EUR within the exchange itself .

Please let me know if you have any other questions .

Pablo.

[sundaywork]

Oh I see. So it's just transaction.

[fible1]

Oh I see. So it's just transaction.

Yep, you got it .

Pablo.

[kobaya74]

I keep receiving emails like this one:
"EMA diff is at -0.006% (1 BTC = 93.552 USD) at btce.

A sell order is imminent!

Your friendly trading bot."

But nothing ever happens. I wonder is it some kind of bug or I dont know to use bot? I use recommended settings Buy 1: 0 Buy 2: 0.25
Sell 1: 0 Sell 2: 0.25 and used 60 and 30 minute time window.

[threedrules]

its only a notification, its the checkbox next to an order is imminent, i turned that off

[kobaya74]

Thx, I see it now. Turned off, it sent me 16 messages yesterday, was so annoying...

[spikejnz]

I've lost like BTC.5 just in the past few days. Man, these low swings suck! i'm still not sure what to set my buy/sell % at, as I've not seen significant market movement to really test my ideas. Anyone got anything that works well for them?

[fible1]

I've lost like BTC.5 just in the past few days. Man, these low swings suck! i'm still not sure what to set my buy/sell % at, as I've not seen significant market movement to really test my ideas. Anyone got anything that works well for them?

Hi Spike,
    We will be releasing the back testing engine the first couple of days of September so you can check this out for yourself; but for now, the best long term settings are those we posted before:

Buy: 0, 0.25
Sell: 0, 0.25

EMA is most effective when looked at long term, you can see a discussion of short term and long term results with the same settings above .

Please let me know if you need anything.

Pablo.

[fible1]

Just as a general FYI:

We will be expanding the trial period from 1 hour to 2 hours based on user feedback. If you run out of time but want to keep testing, feel free to resubmit your email to the website demo interface and you will get a new demo key .

Please let me know if anyone has any questions .

Pablo.

[fible1]

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Butter-Bot User Manual
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Friends,
   We have put together a user manual draft and we are looking for contributions from members on changes you would like to see or improvements that can be made so that new users as well as experienced users can get something out of it.

You can review the unprotected document here: http://docdroid.net/324o

If anyone wants to modify it feel free to do so and just link it on the thread, hero points to anyone who posts a good contribution .

Pablo.

[pbigmoon]

Buy order was triggered on btce but it left 0.32284512 in my usd balance.

[dresdenreader]

Hey Fible,

What kind of a time frame can we expect for being able use bigger intervals like 2h, 6h, 12h and 24h?

Only reason I ask is that I think me and many others who have this bot would like to explore most of the options available to EMA trading.

I know that you have talked about frequency trading and other things like that, but I feel like hitting that before hitting bigger intervals is kind of going against the concept of having an EMA bot, and kind of going against what people have bought from you.

So do you have any approximate timeframe of getting us bigger intervals past 1 hour? And this is backed not just be feature requests but by even Goomboo who has said he now prefers longer intervals than the 1 hour time frame.

I'm just hoping you guys are prioritizing this right behind backtesting since any other major feature instead of longer intervals would just seem like more fluff to me that isn't really necessary to be a full fledged EMA bot.

[fible1]

Buy order was triggered on btce but it left 0.32284512 in my usd balance.

Hi ,
   This is due to a limitation of the btc-e API. It doesn't allow for doing real market orders, so the bot has to do several limit orders and approach the fiat reserve (or 0 if none is set) incrementally.

Please let me know if you have any other questions .

Pablo.

[fible1]

Hey Fible,

What kind of a time frame can we expect for being able use bigger intervals like 2h, 6h, 12h and 24h?

Only reason I ask is that I think me and many others who have this bot would like to explore most of the options available to EMA trading.

I know that you have talked about frequency trading and other things like that, but I feel like hitting that before hitting bigger intervals is kind of going against the concept of having an EMA bot, and kind of going against what people have bought from you.

So do you have any approximate timeframe of getting us bigger intervals past 1 hour? And this is backed not just be feature requests but by even Goomboo who has said he now prefers longer intervals than the 1 hour time frame.

I'm just hoping you guys are prioritizing this right behind backtesting since any other major feature instead of longer intervals would just seem like more fluff to me that isn't really necessary to be a full fledged EMA bot.

Hi Dresden ,
   I'm sorry for the misunderstanding, it's my fault for discussing features without timelines. Alternative strategy modules are planned for the V3 lifecycle a couple of months down the road, I bring those up to get feedback on what people would like to see .

About the higher time frames; I can guarantee those will be released as described in your post up to a 12h time frame during the first week of September (two weeks from now); we may send Beta's out a bit earlier than that. We are looking into adding 24 hours to complete the cycle but there are technical issues with this that are a bit beyond the scope of my understanding. I can promise you every effort is being made to satisfy the 24 hour request and that all the other ones have already been built in to the new release.

We do our best to satisfy as many customer demands as technically feasible in the shortest time frame possible .

Please let me know if you have any questions.

Pablo.