Hello all,
I wanted to share some information with you as a comment or however you want to see that:
A bot is not a magic wand that avoids negative sells (losses).
When you set a bot to sell at a certain rule it will also do it backwards on downtrends. At the current market fluctuation (sidewards on all trading pairs over all exchanges ) it is very difficult to make some good trades at all.
Also of course you have to play and see which are good settings. don't expect nice trades right after start up or complications. sometimes its the API (cryptsy) and you have to send a email to support to reset it or sometimes is the bot which you have to restart in between, this happens when you change to much indicator settings during normal running. Sometimes maybe a bug your ISp, your homenetwork, your computer and so on
For this bot some basic settings that work very well:
PPO: 12/26 9 @ 1 or 2 minutes in combination with storch rsi 30/70 length 40-60 2 minutes
also you add very nice storch with the same settings to it.
MACD 23/43 with ROC
Further what is an good advantage is that you can define the indicators for buy/sell or none. so when one indicator hits good sell points just place it on sell/ buy or both etc. let it run for a while.
As a nice tool you can set many indicators and also the same indicators with different settings and un -m atch the buy/sell option. in this way you see as from Stephan described very nice after 1 or 2 days when the signals are triggered and you can compare them to the market price, tune them and activate them as indicator. this is a very nice option to fine tune your bot to your needs.
Sometimes the price falls and the bot is buying high and not selling no more. Just set the coin position to sold and write down the price where the last buy was. Sell the coins later for a higher price once reached again while the bot keeps trading.
rule number 1, be patient (it can happen that the bot is not trading for 2 or 3 days , on some coins it will be maybe for a month if you don't either take losses or interfere. but one thing for sure, what goes up will go down and vice versa
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rule number 2, be patient, many coins are low now and will go up very high sooner or later
rule number 3, when you can't effort losses on trading then don't do it, this is like gambling, it can be tough to loose all coins, so build security and trade only small amounts
rule number 4: respect Stephan's work and support, there are more scammers out then everywhere else when it comes to bitcoin. So support him and pay your fee for what you expect to get delivered. I personally think he made one of the nicest bots compared to all others that are out there. Think just about the variety of option you have with no hazzle, no coding knowledge, just plug and play.
As he learns and progresses we have to learn how to use the tool and progress as well and name what we want to have implemented
I have posted some results earlier and with some readjustments as described above it was doing well same as posted. you want to make big profit you have to pay big money and do just one good trade without the bot
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This one is nice and slowly but steady is making gains. of course you have to watch it. the ultimate tool is not out there yet but this bot here is the most accurate and defined one yet. When someone has a better one name it and show proof of results.
@ Stephan: carry on your work, it is 100% and keep improving as you do.
thanks and happy trading to all of us.