My bot is capable of buying or selling at anytime. However, I need ideias for strategies on when to buy/sell and for how much, so that I can make a profit. My Intention is to program the bot to look for those profit opportunities and take the according action.
Depends on your target, majority might be looking at 5%-10% profit depending on their capital, while others look for much bigger profit. Are you doing day trading if I may ask.
My doubt lies on the economics of deciding when to buy/sell!
Again this subject is debatable. And no one can give you the exact answers for you. Why don't you target just small percentage in the beginning and try to experience. I'm sure as you go along and gain experience, you will get a feel on the "right economics" for you.