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

[peonminer]

Current coupon code / discount code plox?

[krach]

Current coupon code / discount code plox?

25% with code "moon"

[wormat22]

So are people actually making money off of those? Are most people just arbitrage trading?

[sirfoxey]

Looking for some advice with this bot.

I am without a doubt a novice trader. I have been watching a number of alt coins and believe there might be a option to make some profit by arb trading them. Having never use trading bot software before, I have spent quite some time researching what software is currently available to simplify arb trading of these assets. I have decided that the Haasbot software is the best option.

My questions are:

1. Having never used this sort of software before and being a complete novice, is Haasbot a good choice for a first time user
2. Working on the assumption my research is correct and there is profit to be made by arb trading the assets I want too. What would be a minimum ball park figure of capital required to return enough profit to cover the initial licensing cost. 1 BTC? 10btc? 50BTC?
3. Auto-tune feature - Can anyone attest to the accuracy of the auto-tune feature in assisting to auto adjust your configured strategy to a nice sweet spot


thanks

[krach]

1. Having never used this sort of software before and being a complete novice, is Haasbot a good choice for a first time user

We have created some new bots that are ready to go out of the box. Also we have a private forum where you can ask questions and people can share strategies

2. Working on the assumption my research is correct and there is profit to be made by arb trading the assets I want too. What would be a minimum ball park figure of capital required to return enough profit to cover the initial licensing cost. 1 BTC? 10btc? 50BTC?

That would be hard to say and depend on your style of trading.

3. Auto-tune feature - Can anyone attest to the accuracy of the auto-tune feature in assisting to auto adjust your configured strategy to a nice sweet spot

This can help find a sweet spot indeed, I am bias of course.

Currently arbing between exchanges is not possible with the bot, however you could trade using a signal from poloniex on bittrex or a signal from kraken and trade on poloniex ect.

example of scalper bot ready to go out of the box
https://www.youtube.com/watch?v=byqgRlCdz5s

how to set up a bot
https://www.youtube.com/watch?v=4zb_7VrkX88

dashboard, could really help monitor different markets and coins
https://www.youtube.com/watch?v=iYY8a3RgXWg

[sirfoxey]

I appreciate your prompt response.

Am I correct in my understanding that you do not offer a downloaded version of the software for free which you can back test your strategy and get familiar with the software prior to purchase?

[krach]

Am I correct in my understanding that you do not offer a downloaded version of the software for free which you can back test your strategy and get familiar with the software prior to purchase?

Yes that is correct. We do offer support and a user forum though.

Thanks

[wormat22]

For your arbitrage trading, does this trade between crypto currncies or with forex?

Also, does it have standard settings & are users free to set their own (slash what would they be for arbitrage)

3rd does the bot take fees into account?

[Stephan224]

The pair or coin type does not matter, as long as you can inter-exchange it. Like Btc/Usd, Ltc/Usd and Ltc/Btc. You can exchange those inside an triangle setup and that is how it works. You can control the pairs which are used and the trigger percentage, the logic inside the bot will check all the possible routes for you and triggers when the given profit are found.

All bots are taking the fee in account, but they also do an little bit more. They also watch the orderbook (aka the price spread) in order to see if an trading route will be profitable or not.

BTW Do not focus yourself to much on arbitrage, sure it looks interesting and this indeed works. But the real profit numbers are made with the trade-bots trading on an leverage or by alt-coin investments.

BTW To all users, if you read this are you are NOT running version 3 already please go to our forum (https://forum.haasonline.com/) and grap this amazing version. Its an full rewrite of the software, running very high-end and for the current moment we are doing the final tests runs. We are having an look if it works for everybody and if it does, then the release will follow soon. But before this time all features are enabled on all licenses "so it can be tested". Take your advantage out of this!

[wormat22]

What do you mean don't focus too much on the arbitrage? Is that not one of the stronger features of Haasonline?

[krach]

What do you mean don't focus too much on the arbitrage? Is that not one of the stronger features of Haasonline?

There is more to be made with the trade bots than triangle arbitrage.
 

[user00001]

"|ERROR|   Trading is blocked because this software is outdated, please get your update at www.haasonline.com."


Please...don’t set this kind of logic in the bot, it may cause lose because my bot is unable to sell a dumping coin.

@Stephan224,

Got the same error message here. Very unpleasant, it caught me totally off guard. All trading blocked, sell signals of the indicators/safeties didn't work. Missed a perfect opportunity to sell my coins Could have lost big MONEY when Bitcoin went down. Luckily the price veered up again.

Although I check your site regularly for new updates, I can't do this 24/7. Send us an email that we need to update ''as soon as possible otherwise trading will be blocked".

Please don't repeat this when you launch the big update. Blocking the bots could have serious consequences for us all!

   

I'm having this same error message. Everything is blocked. I'm running version 2.2.10.

Can someone help

[Stephan224]

BTW To all users, if you read this are you are NOT running version 3 already please go to our forum (https://forum.haasonline.com/) and grap this amazing version. Its an full rewrite of the software, running very high-end and for the current moment we are doing the final tests runs. We are having an look if it works for everybody and if it does, then the release will follow soon. But before this time all features are enabled on all licenses "so it can be tested". Take your advantage out of this!

[wormat22]

What do you mean don't focus too much on the arbitrage? Is that not one of the stronger features of Haasonline?

There is more to be made with the trade bots than triangle arbitrage.
 

That's not what I'm asking. I'm just asking if it's good at it.

[Stephan224]

Sure its good at it, its just math and logic. An arbitrage-bot is doing nothing more then number crushing. It get all the price updates are looks for tradable routes. The routes are calculated with the fee and the spread taken in account and then the outcomes are compared. If there is profits and it meets the given threshold then it will issue 3 orders one-by-one. The arbitarge bot will try to do these 3 trades over and over again.

So yes it works and it works nicely. But if you look down to the essence of an arbitrage bot then you can see it depends on market instability. Thats triggering it. The profits are based on tiny price differences, so in overall the profits are low. Its all about doing the trading route as many times as possible as long as the instability is present, thats the multiplier for the profits.

I can tell you how amazing the arbitrage bots are, i can overwelm you with cool screenshots. But as an company we have 1 goal and thats to help you get the biggest profits. We do this by telling you just fair how its like and we tell you what the best ways are based on what we do.

[wormat22]

What's the average monthly return/exposure for the Arbitrage bot?

[Stephan224]

I am sorry this is very hard to tell without some more information. Like how much do you put in and on which exchange do you run it.

[wormat22]

Let me put it this way then, is arbitrage guaranteed to have a +EV?

[Stephan224]

Yes absolutely, without an doubt.

[wormat22]

Ok, and what would you recommend the minimum balance across all accounts be to use the arbitrage trading?