Can you explain what is shown in the GUI window:
"Trading Window" 55% what is this?
Eff Margin* What is this?
Min Eff margn what is this?
Also, does your tool automatically move/adjust your order to be the best on the market, ignoring the first X btc if needed (sometimes not good to beat the most aggressive 0.1 btc or so in orders)?
How does the tool decide to place where the orders go?
Can you post a link or PM me your full documentation?
Hey Statdude,
Thanks for your questions!
I am assuming you are looking at the image of our GUI in the first post. leonArdo allows you to set the most important trading parameters for a particular automatic trading algorithm by clicking directly into the chart data.
The Trading Window is the blue area in the chart. This is the amount of historical data taken into consideration by the algorithm and is set by the user by dragging backwards in time in the chart. The red area inside this, for this particular example, takes up 55% of the Trading Window. This represents the buy and sell margins and can be set by adjusting the position of the red area top and bottom lines.
The Eff Margin* parameter falls out from the movement described above. This is the effective gain you can achieve should a buy/sell or sell/buy cycle get executed. The reason there is an * is that it is based on the current parameters but subject to change should the market situation change.
The Min Eff margin gives the user the opportunity to allow an automatic trading algorithm to continue trading by adapting to the new situation in the market. This is not possible with the static ping pong bot that leonArdo also supports. For that bot the buy and sell prices are fixed and if the price moves away from those then the bot does not react. The mArgin maker bot can, if the user wants it to, take a small loss in order to continue trading. The amount that you are willing to lose is set by this parameter.
Could you please clarify this question "Also, does your tool automatically move/adjust your order to be the best on the market, ignoring the first X btc if needed (sometimes not good to beat the most aggressive 0.1 btc or so in orders)? ". Am not sure what you mean here
Actually we haven't written a manual for leonArdo. It is designed in such a way that you do not need one! All of the questions you had for me are answered by the program in the form of informative mouse over tooltips!!
Watching the video can really help to let you see what the different features are:
http://youtu.be/jjLbJuUsp0AThanks again for your questions. Its quite late here now so I will only be able to get back to you in the morning!