*Disclaimer - This is only one of the exchanges that I’m currently trading. I'm also running a Market Maker Bot and Arbitrage Bot using Gunbot (different strategies in trading). The results may vary depending on the market conditions if you try to run it. There could be profit or losses. Rest assured that Gunbot runs the right way according to your parameters in your Trading Strategy.

*Update - January 9, 2020

I'm crwth and I'm going to try to a live challenge using Gunbot and I will update it daily with current happenings like trades, if it's Short or Long, etc. I will be using Bitmex as my main exchange to take advantage of the leverage on the exchange and with the options of trading on a bear or bull market. You could also take advantage of this if you decided to get your own. Gunbot products are 50% off for Christmas, btw.

I'm trying to show you guys how you could trade using an automatic trading tool and at the same time, you could learn how different indicators work. This would be a conservative setup in which we limit trades to make sure that we entered at the right time and right price.

I'm using Gunbot Ultimate at Bitmex exchange.



Parameters:
Buy Method Bollinger Bands When Ask Price touches Lower BB, it would go Long
Buy Method Bollinger Bands When Ask Price touches Higher BB, it would go Short
Additional Indicator: RSI - for confirmation of the trade
Amount per trade: 10% of total balance
Stop Loss: 10%
Leverage: x10
ROE: 20% and with ROE Trailing with Gunbot, it will check per 0.1 ROE Increase/Decrease to see if it will still rise, making it sure you get a better profit.

Starting Balance: 0.01500000
Current Balance: 0.01482722
Profit: -1.15%

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The bot is running 24/7 in a VPS

Gunbot - Automatic Trading Tool
RSI Indicator
Bollinger Bands

I have inserted summary of trades since the start in the second post with the spreadsheet. I would be continuously updating it together with posts like this.



It made a couple of trades. I think I need to adjust the ROE per trade, it could've gotten a bigger profit if it haven't exited early. I would adjust it to 0.5 ROE in the program.

You could  see the history of trades also with the arrows and the side bar.

I would personally no longer short this after such reversal on daily TF, even the candle close seems in favour of bulls.
I assume this was the so waited bottom. Good luck with your trades tho!

To execute OP's command even he is out of his desk. Look at his set parameters, it needs a close watch that's why OP considers using a bot.

Nice thread OP. A good watch for those who want to consider using bots.

Hope you will have a good run.

Waiting for trades now. I just got a great trade with the recent short from 7167 to 7100. Now currently waiting for another opportunity. RSI is not yet confirming trades. The price of BTC is not yet touching any of the Bollinger Bands. It's best to be at the right timing when entering trades. Good thing that an automatic bot is not emotional and doesn't feel FOMO.

I'm happy with the recent trades before. As you can see it made a comeback and we are almost back to where we started. Hopefully more great trades to come. We're in it for the long run. Will continuously document this and maybe people would be more interested.

I have changed the parameters as well with regards to ROE. I like the current settings with the current market.

That's a piece of helpful advice, maybe more detail so I could share why I chose that type of setting. I'm just not sure what other statistical data you are talking about but if you have other questions, I would be willing to answer them.

Anyways, here's my update.

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I didn't change any settings currently and I stayed it as an ROE of 20 so that I could recover my previous losses.

I'm trying to emulate a swing trading type of strategy using a bot to make decisions for me.

• When to get into a trade
• When to take profit

Current position:

Long entry @ 7136 - ROE: 6.53



The encircled part is the long position I got, so hoping that it would be the bottom of the week and maybe have a higher price so we could profit? Hopefully a fruitful new year! Happy 2020!

I am doing the same trading bot challenge with 0.4 BTC invested using the cloud-based bot platform. You can check my performance here: https://tradingbot.info/category/results/

I've been following your progress as well but there hasn't been any update in a while:P Should we expect anything soon?

Yea I think it has only upsides. The history of screenshots/updates will still be visible in your posts but it will be way easier to navigate the thread when we get to these 100 pages

Think you should try backtesting. It's not only binary test as in working/not working for a strategy but you can simply tweak it easily and increase your edge without risking any capital. When I checked for crossings of moving averages, they worked way better without a stop loss. Also adding RSI filter has lowered the profitability.

Have you checked for profitability of your strategy without rsi filter? That's what I'm talking about. I had a strategy that in my mind should perform better with this type of 'insurance' filter but actually it did hurt the performance. F.e. 2 moving averages crossover simply earned more money if i didn't use RSI filter or stop losses. In many markets that is.