Chrome Browser extension: MtGox trading bot

[piotr_n]

Does this mean that the bot always sells at a higher price than it bought?  Or does that depend on the threshold setting?  (and the EMA numbers I suppose... Hmmm)

The bot sells at the actual market price of that moment.

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[matthewh3]

Right I loaded 1BTC on the bot 24hrs ago it finally sold the 1BTC after two dark red boxes and now I have $4.83 but if it sold last night it could of got $5.015  I don't understand the bot maybe I'll have to read Goomboo's Journal  

[piotr_n]

Right I loaded 1BTC on the bot 24hrs ago it finally sold the 1BTC after two dark red boxes and now I have $4.83 but if it sold last night it could of got $5.015  I don't understand the bot maybe I'll have to read Goomboo's Journal  

Well, all I can say is that you should have sold it last night, instead of using the bot

[neo_rage]

not works.
not buy at last 3 hrs >-0.25, and no sell in the same conditions.

[matthewh3]

Right I loaded 1BTC on the bot 24hrs ago it finally sold the 1BTC after two dark red boxes and now I have $4.83 but if it sold last night it could of got $5.015  I don't understand the bot maybe I'll have to read Goomboo's Journal  

Well, all I can say is that you should have sold it last night, instead of using the bot

Well the bot sold the 1BTC at BTC lowest value in the last 25Hrs 

[piotr_n]

Right I loaded 1BTC on the bot 24hrs ago it finally sold the 1BTC after two dark red boxes and now I have $4.83 but if it sold last night it could of got $5.015  I don't understand the bot maybe I'll have to read Goomboo's Journal  

Well, all I can say is that you should have sold it last night, instead of using the bot

Well the bot sold the 1BTC at BTC lowest value in the last 25Hrs 

Just uninstall it and stop trolling the topic.

[matthewh3]

Right I loaded 1BTC on the bot 24hrs ago it finally sold the 1BTC after two dark red boxes and now I have $4.83 but if it sold last night it could of got $5.015  I don't understand the bot maybe I'll have to read Goomboo's Journal  

Well, all I can say is that you should have sold it last night, instead of using the bot

Well the bot sold the 1BTC at BTC lowest value in the last 25Hrs 

Just uninstall it and stop trolling the topic.

I'm not trolling and I want this to work I'm just making an observation 

[piotr_n]

I'm not trolling and I want this to work I'm just making an observation 

It does work.
Just don't expect it to earn money for you - it's a tool that you are obviously not capable to use.
Would you give your car to someone who cannot drive? I wouldn't. So please just uninstall it and stop bothering me

[matthewh3]

I'm not trolling and I want this to work I'm just making an observation 

It does work.
Just don't expect it to earn money for you - it's a tool that you are obviously not capable to use.
Would you give your car to someone who cannot drive? I wouldn't. So please just uninstall it and stop bothering me

It's a bot it works its self no 

[piotr_n]

It's a bot it works its self no 

Yes. Like a car... until you drive it onto a tree.

[cablepair]

You can call me a troll also if you wish but so far this bot is retarded. I put 4 bitcoins in the account just to see what would happen. At the time the coins confirmed into my account the price was at  4.961 - the "bot" waited until the price dropped to 4.89527 to sell some and then sold the rest AT AN EVEN LOWER RATE! 4.89206

I dont care that I lost a few cents - I realized going into this it might not work but please explain to me how this makes sense.

Hour   Price   EMA(10) / EMA(21)
16:00   4.895   4.916   4.936   -0.404%
15:00   4.895   4.921   4.940   -0.392%
14:00   4.870   4.927   4.945   -0.366%
13:00   4.885   4.939   4.952   -0.262%
12:00   4.851   4.951   4.959   -0.154%
11:00   4.990   4.974   4.970   0.078%
10:00   4.980   4.970   4.968   0.045%
9:00   4.985   4.968   4.966   0.025%
8:00   4.971   4.964   4.965   -0.014%
7:00   4.961   4.962   4.964   -0.033%
Balance = 0.00 BTC + 19.55 USD

Wed 07 Mar 2012 09:05:55 PM GMT   Out   BTC sold: [tid:1331154355917136] 3.26600000 BTC at $4.89206   3.26600000 BTC   0.00000000 BTC
Wed 07 Mar 2012 09:05:55 PM GMT   Out   BTC sold: [tid:1331154355881736] 0.73400000 BTC at $4.89527   0.73400000 BTC   3.26600000 BTC

are you sure you didnt just make a bot to sell you cheap bitcoins? lol

[matthewh3]

It's a bot it works its self no 

Yes. Like a car... until you drive it onto a tree.

I'm just playing with 1BTC with the default settings like other people might want to do maybe my experiences using it may be useful to them.

[piotr_n]

You can call me a troll also if you wish but so far this bot is retarded. I put 4 bitcoins in the account just to see what would happen. At the time the coins confirmed into my account the price was at  4.961 - the "bot" waited until the price dropped to 4.89527 to sell some and then sold the rest AT AN EVEN LOWER RATE! 4.89206

I dont care that I lost a few cents - I realized going into this it might not work but please explain to me how this makes sense.

Hour   Price   EMA(10) / EMA(21)
16:00   4.895   4.916   4.936   -0.404%
15:00   4.895   4.921   4.940   -0.392%
14:00   4.870   4.927   4.945   -0.366%
13:00   4.885   4.939   4.952   -0.262%
12:00   4.851   4.951   4.959   -0.154%
11:00   4.990   4.974   4.970   0.078%
10:00   4.980   4.970   4.968   0.045%
9:00   4.985   4.968   4.966   0.025%
8:00   4.971   4.964   4.965   -0.014%
7:00   4.961   4.962   4.964   -0.033%
Balance = 0.00 BTC + 19.55 USD

Wed 07 Mar 2012 09:05:55 PM GMT   Out   BTC sold: [tid:1331154355917136] 3.26600000 BTC at $4.89206   3.26600000 BTC   0.00000000 BTC
Wed 07 Mar 2012 09:05:55 PM GMT   Out   BTC sold: [tid:1331154355881736] 0.73400000 BTC at $4.89527   0.73400000 BTC   3.26600000 BTC

are you sure you didnt just make a bot to sell you cheap bitcoins? lol

This bot is not retarded - it does what it is made for; following a simple trading strategy.
Whether this strategy works, or not, it's not up to me.
If you discover it not following the rules, the strategy - let me know then.
Otherwise, I really don't care if (neither how much) you lost or won so far.

[cablepair]

You can call me a troll also if you wish but so far this bot is retarded. I put 4 bitcoins in the account just to see what would happen. At the time the coins confirmed into my account the price was at  4.961 - the "bot" waited until the price dropped to 4.89527 to sell some and then sold the rest AT AN EVEN LOWER RATE! 4.89206

I dont care that I lost a few cents - I realized going into this it might not work but please explain to me how this makes sense.

Hour   Price   EMA(10) / EMA(21)
16:00   4.895   4.916   4.936   -0.404%
15:00   4.895   4.921   4.940   -0.392%
14:00   4.870   4.927   4.945   -0.366%
13:00   4.885   4.939   4.952   -0.262%
12:00   4.851   4.951   4.959   -0.154%
11:00   4.990   4.974   4.970   0.078%
10:00   4.980   4.970   4.968   0.045%
9:00   4.985   4.968   4.966   0.025%
8:00   4.971   4.964   4.965   -0.014%
7:00   4.961   4.962   4.964   -0.033%
Balance = 0.00 BTC + 19.55 USD

Wed 07 Mar 2012 09:05:55 PM GMT   Out   BTC sold: [tid:1331154355917136] 3.26600000 BTC at $4.89206   3.26600000 BTC   0.00000000 BTC
Wed 07 Mar 2012 09:05:55 PM GMT   Out   BTC sold: [tid:1331154355881736] 0.73400000 BTC at $4.89527   0.73400000 BTC   3.26600000 BTC

are you sure you didnt just make a bot to sell you cheap bitcoins? lol

This bot is not retarded - it does what it is made for; following a simple trading strategy.
Whether this strategy works, or not, it's not up to me.
If you discover it not following the rules, the strategy - let me know then.
Otherwise, I really don't care if (neither how much) you lost or won so far.

ahh ok my bad, the bots not retarded - the strategy is, thanks...

[matthewh3]

I'm not inboxing you I'm posting on a public forum and maybe other like minded people might find it interesting to them.

[piotr_n]

ahh ok my bad, the bots not retarded - the strategy is, thanks...

yes, here I can agree.
this strategy has been retarded, as for the last N days or so...
but if you run it on a historical data, few months back, it would have actually been quite profitable.
whether you want to try it for the next few months, or not - it's completely up to you.
and I'm not even saying you should...
I created this tool only for people who had a demand for it. obviously you were not among them

[matthewh3]

ahh ok my bad, the bots not retarded - the strategy is, thanks...

yes, here I can agree.
this strategy has been retarded, as for the last N days or so...
but if you run it on a historical data, few months back, it would have actually been quite profitable.
whether you want to try it for the next few months, or not - it's completely up to you.
and I'm not even saying you should...
I created this tool only for people who had a demand for it. obviously you were not among them

Thanks for the bot I'm just playing with 1BTC on the default settings and will keep the bot running 24/7 until the 1BTC has been lost or I own all the bitcoins 

[piotr_n]

Thanks for the bot I'm just playing with 1BTC on the default settings and will keep the bot running 24/7 until the 1BTC has been lost or I own all the bitcoins 

That's the spirit!

[cablepair]

ahh ok my bad, the bots not retarded - the strategy is, thanks...

yes, here I can agree.
this strategy has been retarded, as for the last N days or so...
but if you run it on a historical data, few months back, it would have actually been quite profitable.
whether you want to try it for the next few months, or not - it's completely up to you.
and I'm not even saying you should...
I created this tool only for people who had a demand for it. obviously you were not among them

can you explain more about the strategy? I am sure there is a reason why this bot waited and sold the coins when the price was low instead of when it was high, and then sold more when it dropped even lower. I am not trying to attack you or put you down I genuinely want to understand why it did why it did. I mean as retarded as it is it must have a reason for doing what its doing, you created this thing can you explain?

[matthewh3]

ahh ok my bad, the bots not retarded - the strategy is, thanks...

yes, here I can agree.
this strategy has been retarded, as for the last N days or so...
but if you run it on a historical data, few months back, it would have actually been quite profitable.
whether you want to try it for the next few months, or not - it's completely up to you.
and I'm not even saying you should...
I created this tool only for people who had a demand for it. obviously you were not among them

can you explain more about the strategy? I am sure there is a reason why this bot waited and sold the coins when the price was low instead of when it was high, and then sold more when it dropped even lower. I am not trying to attack you or put you down I genuinely want to understand why it did why it did. I mean as retarded as it is it must have a reason for doing what its doing, you created this thing can you explain?

I think the strategy is from Goomboo's Journal linked in the first post.