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

[phoxpup]

I'm going to give this a try.  It looks just like the tool I need. :-)

[phoxpup]

I've got the software now and am playing with it presently.  Things look encouraging. :-)

[Stephan224]

Thanks for confirmations. I have send you the .2 BTC back as reward. you can track the transaction in blockchain here: http://blockchain.info/fb/18hs7gj

[coinchase]

Hey! Just sent the btc/email. Can't wait to try out the bot!

[coinchase]

Got the bot. It's downloaded and running. Thank you!

[Stephan224]

Coinchase, i have send you the 0.2 BTC back for your messages here. Here is the proof: http://blockchain.info/fb/1cvyjpw

I stop the promotion of giving 0.2 BTC back here. There are now 3 people who have bought my software from this forum and they all have confirmed to paid and they have confirmed they have got the software now. Of course the reviews or summaries will come (i hope) and i hope i have shown i am for real.

[zimocangqiong]

I am very interested in your robot. If you give me a description of a Chinese I'd be happy to help you promote customers in China. Because I do not speak English, including most of the Chinese people.

[Stephan224]

I suggest you remove you email directly from the forums, that is not a smart thing to post. Next time send a PM or email directly.

I am interested in what you have to offer. I will try to write a mail in Chinese and send it to your PM.

Or in your language (i hope):
我送你一个下午。
从论坛，请删除您的电子邮件ADRES，这是不聪明的发布。

[coinchase]

Thanks stefan, got the .2 btc. I'll work with it for a week and will definitely write back here with the results.

[phoxpup]

I also got my rebate of 0.2 btc.  - Thanx Stephan224  :-)  I too will write more when I've spent more time with the trading app and know what I'm talking about .  I've got it running with a small amount of BTC as I experiment.

[zimocangqiong]

My friend. How the news without you

[Stephan224]

I recently added some schemes to explain how the logic of my simple trade bot has been build up. If you are intrested in my software i recommend to take a look at these documents, this gives you a better understanding how i programmed the bot(s) and how the reasoning is done in detail.

www.haasonline.com/downloads/CheckProfitSafety.pdf
www.haasonline.com/downloads/TradeAmount.pdf
www.haasonline.com/downloads/RSITradeLogic.pdf
www.haasonline.com/downloads/HighLowBotLogic.pdf
www.haasonline.com/downloads/PollLogic.pdf

I will add more documents in time. For now i have to help some people getting started with the software.

[Simonsays]

Stephan,

I am interested in utilizing the promotion you have running.  In turn I will try out your software and post findings.

I have sent 0.6BTC to the address listed on your website. 

I have emailed you my email address for delivery of the files.

Looking forward to trying out your product!

Thanks

[Stephan224]

Thank for your order, but i have already closed the promotion at this forum. If you want to make use of this promotion you still can go to the litecoin forum.

[Simonsays]

Stephan has been very helpful and responsive - the software was delivered quickly and I was able to set it up without a problem.

The product works as advertised on the software website.  Using an RSI-30 algorithm it successfully places buy and sell orders according to the settings of your choosing.  Using a small amount of BTC (0.1) I am letting it run unattended with a set trade size of 0.01 BTC to test its capabilities .  I have noticed that while the profit safety feature is nice to have - if the market is down from the bot's previous buy it will block all trades until the market comes back up.  This can leave you stuck in the 'bought' position at the time of a crash (like we saw the other day of ~$10.   Having a feature to 'crash' protect could also be useful.

Sounds like there will be an update soon - looking forward to it.

Testing continues...

[phoxpup]

Bots are generally useful when the market is relatively stable.  Big "adjustments" like what we experienced this weekend are not a good environment for such devices.  If humans can't predict what to do in such situations, there is no way a bot can.

Regardless,  I have tried the high/low and that seems to work good.  The RSI-30 also works as described in the flow charts that Stephan provided.  Note that for now, the profit protection is effective to keep you from selling low but does not seem to exist to prevent you from buying high  This is consistent with the charts and may not be a huge deal since it will keep the bot from getting left behind as the market rises.  The net effect may be to make a profit.  Time will tell.

As for me I was using high/low until the recent drop.  It sold at $127 and bought at $124 as it went down.  (just as it should)  Now I need to wait for the market to recover to at least $125 or more to do any more trading.  That's just the way it goes with high/low bots.  I'd be willing to bet that a fresh box of donuts bought today will still be pleasant when it crosses the $125 mark. :-)

I'd be lying if I said that program was perfect.  It does have a few quirks like not keeping its settings between close/launches but these are minor things that can be worked around.  (I use a screenshot image to work off of and copy and paste the keys)  These issues are manageable and I would expect them to be temporary as versions progress. :-)

I'm looking forward to continued use of this bot and watching it progress. :-)

[Stephan224]

A feature like to "crash protect" is impossible to develop in combination with a profit safety. Both features will give different results and losses will be made for sure. I have written that part so the bot will get stuck if the currency keeps on droppig. This way you will not lose coins and the bot simply waits until the currency is back on the same level as before and profit can be made. Of course if the currency stays low the bot will remain in waiting mode and nothing will happen.

Every time the software is started it will get a reset on the bot parameters. I thought this way a good way to keep people thinking about the parameters. However, i will make a improvement to the next update to save and restore the bot parameters at shutdown and startup. I will do this using a readible/editable XML file so people can insert also values inside this save file. (i have got a few requests for that)

Thanks again for the comments. Suggestions about improvements or bug will remain welcome of course!

[phoxpup]

I do understand how a profit preservation function can lead to a bot getting stuck outside of where the market is and how you generally have to choose between making the bot allow the occasional loss and staying with the market level or guaranteeing never to make a loss and occasionally finding itself "out of play" with trading aka  "being stuck" in which case the adjustment translates to a loss if you choose to do so.  I, personally, haven't given up that there may be a way to combine the two functions with more complex rules but that would be serious project to automate.  It might just be me being naive. :-)

[daybyter]

I think, it might be smart to make the rules loadable, so you can change them on the fly?

[Stephan224]

@phoxpup:
There are ways to combine them, however this kind of advanced capabilities are not possible the the simple trade bot. You have to wait until i release the advanced bot. With that bot you can define the reasoning of the bots itself using multiple safeties and indicatores. (read as: the advanced bot will be fully tweakable)

@daybyter:
I am working on the next update and there i will make the parameters of the bot editable from outside the bot. This allows changes on the fly.

Edit: I have added a new page to my website. The page is called "Promotions" and everybody should be able to take a look if i have active promotions. Using the promotions you can earn a discount of the software.