Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic]

[subhead]

Hi Mevius,

thanks for the reply. No the api didnt work at all when i save these settings.

[subhead]

just an small update:

I tried to reinstall the software, disable and re-enable the api key and disable re-enable the api itself. nothing worked so far for me.

edit: transfered the funds to btc-e and the api test works flaweless. Cryptsy still not work for me.

edit2: After messing around with this software for around two hours i didnt get any benchmark to do anything. i want to trade LtcBtc and taken the "Simple & fast strategy" settings stephan mentioned here https://bitcointalk.org/index.php?topic=211979.msg3742065#msg3742065

So my question is how long do i need to run the benchmark to get any result and needs the benchmark windows to stay open or can i close the windows and the benchmarks goes on?

[spawnbsd]

Is anyone else having the problem where the bot will simply refuse to sell ? Last night my bot bought PPC @ 4.5, and should have sold @ 4.6 (this is what the benchmark indicates), yet it didn't and now PPC has dropped to 4.3, putting me in the red. Has anyone else ever seen this, where the bot doesn't sell, when it actually should ? I'm using PPO+RSI currently.

[dldavis007]

Subhead,

So my question is how long do i need to run the benchmark to get any result and needs the benchmark windows to stay open or can i close the windows and the benchmarks goes on?

The amount of time it takes for results depends on the indicator used and the "update timer".  For example; if the "Update timer" is set to 60 sec and you use a PPO indicator with the default settings (12 and 26), it will take up to 26 time periods (26 * 60 sec, or 26 min in this case) for the indicator to start moving.  Then depending on the market it may make a transaction right away, or it may take quite awhile.  So if you have a long period set in the "update timer", say 5 min, the same indicator would take 5 * 26 min or 130 min or 2hr 10 min.

Darrell

[subhead]

dldavis007 thank you for the clarification.

[dldavis007]

Subhead,

I forgot to mention that once the bot has been running awhile (several hours) and the top chart shows a large amount of activity, the benchmark will use that data to show how your indicator is responding.  If you just started the bot or changed the trade currency or update timer, you will have to wait.

Darrell

[subhead]

im a little bit confused. is it right that when i want a buying and selling bot i need to fill out both trade bots? For example trade bot 1 is in buying mode and trade bot 2 is in selling mode? Or is it possible that trade bot 1 can do both the selling and buying part?

[Slight0]

This bot seems interesting however I'm not inclined to take a pretty interface as proof that this bot can do well. Nearly every bot I've seen so far tends to lose money more than it makes it.

Can anyone attest to this bot's efficiency? What where your gains?

Also, it'd be awesome if you could have your bot run on a simulated previous market for both fine tuning and crash testing. Otherwise I'm taking a lot more gambles than I'd like.

[dldavis007]

subhead,

im a little bit confused. is it right that when i want a buying and selling bot i need to fill out both trade bots? For example trade bot 1 is in buying mode and trade bot 2 is in selling mode? Or is it possible that trade bot 1 can do both the selling and buying part?

Each bot will do the buying and selling.  You can set up just 1 bot to do your trading, or you could set 1 bot up to trade BTC and the other bot could be setup to trade LTC.

Darrell

[kalross]

im a little bit confused. is it right that when i want a buying and selling bot i need to fill out both trade bots? For example trade bot 1 is in buying mode and trade bot 2 is in selling mode? Or is it possible that trade bot 1 can do both the selling and buying part?

One trade bot will change it's position after each transaction automatically.

K

[seleme]

1. I can't connect to Cryptsy too, getting the same error.

2. For guy who asked why he is getting more dollars but less coins - unfortunately, all these bots that use EMA, MACD indicators are designed to make you dollar profit, not btc. It's same with Butter Bot, use any of their Benchmark and you'll see that profit is calculated in dollars but btc quantity goes down.

3. Stephan, will current users of Simple Bot have discount for Advanced Bot? It's great improvement, 2 trade bots are just not enough.

[seleme]

Is anyone else having the problem where the bot will simply refuse to sell ? Last night my bot bought PPC @ 4.5, and should have sold @ 4.6 (this is what the benchmark indicates), yet it didn't and now PPC has dropped to 4.3, putting me in the red. Has anyone else ever seen this, where the bot doesn't sell, when it actually should ? I'm using PPO+RSI currently.

You have to manually decrease a trading amount after bot made first buy trade as fees have been taken from your bought PPC but bot still trying to sell the initial amount and fails as amount of your PPC is smaller for amount of trade fee.

[seleme]

The biggest problem with this bot that takes away huge amount of possible profit is that it buys directly from ask walls. There is 4$ gap on btc-e btc/usd with big walls just above the buy price and bot executed the buy order. Those 4$ are probably twice profit of what bot would sell for but with buying from ask walls it pretty much kills any chance of profit unless some mini rally starts.

That's huge problem really and it makes bot very risky to run but with some satoshi size orders and there's no money in dust amount trades.

[kalross]

The biggest problem with this bot that takes away huge amount of possible profit is that it buys directly from ask walls. There is 4$ gap on btc-e btc/usd with big walls just above the buy price and bot executed the buy order. Those 4$ are probably twice profit of what bot would sell for but with buying from ask walls it pretty much kills any chance of profit unless some mini rally starts.

That's huge problem really and it makes bot very risky to run but with some satoshi size orders and there's no money in dust amount trades.

Agree and I mentioned this further back.  Maybe the advanced bot will interpolate between the buy/sell prices instead.

K

[Stephan224]

@seleme:
The cryptsy problem has been reported by some other users too (not all), its seems to be related to the BTC side of the wallet. I did take a look at this issue already and i found that if there is anything on any other side of your wallet (eg LTC) the test will pass. I also found out that trading with BTC still works.

Of course this issue will be solved as soon as possible, but maybe my findings are usefull already to get it working before i fixed it.

About the Simple Bot and Advanced bot... do not worry to much, of course i will favor the current users for the advanced version. I recommend you to just wait to see what i will introduce for both. I have made statments before about a huge update (from 0.8 to 0.9), everybody was very happy back then and i am sure this will happen again.

BTW can you please edit your posts instead of writing a new message each time? Your are flooding the topic a bit this way. Thanks.

[$1vEr.$urfer]

The biggest problem with this bot that takes away huge amount of possible profit is that it buys directly from ask walls. There is 4$ gap on btc-e btc/usd with big walls just above the buy price and bot executed the buy order. Those 4$ are probably twice profit of what bot would sell for but with buying from ask walls it pretty much kills any chance of profit unless some mini rally starts.

That's huge problem really and it makes bot very risky to run but with some satoshi size orders and there's no money in dust amount trades.

Agree and I mentioned this further back.  Maybe the advanced bot will interpolate between the buy/sell prices instead.

K

+1

Has Stephan acknowledged or commented on this yet?
Hopefully it is included in the enhancements currently being worked on.

[subhead]

@seleme:
The cryptsy problem has been reported by some other users too (not all), its seems to be related to the BTC side of the wallet. I did take a look at this issue already and i found that if there is anything on any other side of your wallet (eg LTC) the test will pass. I also found out that trading with BTC still works.

Of course this issue will be solved as soon as possible, but maybe my findings are usefull already to get it working before i fixed it.

About the Simple Bot and Advanced bot... do not worry to much, of course i will favor the current users for the advanced version. I recommend you to just wait to see what i will introduce for both. I have made statments before about a huge update (from 0.8 to 0.9), everybody was very happy back then and i am sure this will happen again.

BTW can you please edit your posts instead of writing a new message each time? Your are flooding the topic a bit this way. Thanks.

i have put some PTS into my cryptsy wallet and i still getting the api error when performing the api test.  

edit: i have messed around with the advanced settings. can someone please post the default settings? it would be nice if an "reset to default" button could be implemented.

cheers

[dldavis007]

subhead,

edit: i have messed around with the advanced settings. can someone please post the default settings? it would be nice if an "reset to default" button could be implemented.

I believe that these are the default settings:

Drop-loss adjustment (time-out)
   Time out in seconds:               -1
   Percentage of buy price:            95.0

Last buy and sell price reset (time-out)
   Time out in seconds:               -1

Disable minimum raise/drop safety            unchecked

Reset last buy and sell price after sell command    unchecked



Darrell

[dldavis007]

Stephan,

While trying to analyze the different indicators offered by your trade bot, I decided to create a spreadsheet so I could see what the different indicators would do with some historical data.

I created a MACD-MA Indicator using the following algorithm:

MACD is the 12 period EMA - 26 period EMA
Signal is the 12 period EMA of the MACD
Histogram is the MACD - the Signal
EMA = Price(t) * k + EMA(y) * (1 – k)
t = today, y = yesterday, N = number of days in EMA, k = 2/(N+1)

I noticed that your indicator acts a little differently than my indicator (see picture).

http://i373.photobucket.com/albums/oo175/dldavis007/BTCHistoricalchart_zps457a68e4.jpg

I was wondering if you could share the algorithms you used for your MACD and PPO indicators.

Thanks,

[Stephan224]

Are you totally sure the setting are fully equal?
I have tested this too and compared the output to the charts bitcoinwisdom and bitcoincharts. 

I will have a look, there is no difference in the math we both use.