Giving BB a try!  It's a little pricey it seems unless you have a larger trading account, but maybe that's just me.  I'm mostly messing around with it now.

I don't get the advantage to trading in altcoins. I personally don't see much of a future for them compared to bitcoin, & would rather hold btc than anything else. Maybe ltc. I like that I can take my btc to coinbase & cash some out when I need some cash, whereas altcoins I can't do that.

Do you think they're going to take off one day? Is it worth having them? Why do you want to deal with them?

Pablo,

I was thinking about if you were to add the 'don't trade at a loss' feature to the bot, it ought to be able to be switched on off so that those of us who don't want to use it don't have to. Also so we can see for ourselves how it pans out in backtesting when its on or off.

It would be nice if the devs could code a smart method that didn't hurt profits in backtesting. It would be a nice feature to have, as I've seen in backtesting the bot be responsible for thousands of dollars in losses only to be saved by a price rally later. I think there ought to be a way for it to be smart enough to not have those losses.

Hi NginUS ,
  Yep, if we do the "do not trade at loss" feature, you will definitely be able to turn it on and off .

We are working on improving the trading engine as I mentioned a few pages back, we are being very diligent about it so it is taking its time, we'll see what we can combine and what we come up with. I will report back when we have some definitive results .

Pablo.

Wondering what everyone uses to backtest?  When I set the charts at bitcoincharts.com to EMA 9/20 and hourly interval over the course of the last 10 days.  I only see ONE instance where, at those values, the bot should have sold short and possibly made a slight loss.  Other then that, the only other time I see a cross over was on Nov 10th with the correction that would've made some good profits.

http://www.bitcoincharts.com/charts/bitstampUSD#rg10zigHourlyztgSza1gEMAzm1g9za2gEMAzm2g20zv

Has there been any discussion on the part of BTCChina re: adding LTC soon?

Does it work with other coins? I would love to have a bot to manage my goldcoins,litecoins and feathercoins. They fluctuate more than the wind outside.

I would love that. Its a pain in the butt to monitor the market every day for 5 different coins.

That can happen which is why it may be good to run several bots to hedge yourself. Additionally, frequency of trade is important. If your bot is higher frequency in a market as you described, you'll get hurt. If you adjust it so it's less frequent/sensitive, it may not be as hurt.

Case in point, I had some erosion trades last week. I monitored the market and was trying varying settings out to help fight the issue. I found some settings I like, and I run different bot instances for each exchange, allowing me to use settings unique to each. This fixed my erosion issue, and during the next sell I'll be making another decent profit.

I already suggested to Pablo that there be a way we can keep settings we like stored in the bot, maybe with a drop-down selector, to make it easier to switch between them.


There's plenty in this thread if you look throughout it. I have too many to post any one single good setting, I would suggest starting with what Pablo suggests.

Definitely. I don't use Bitstamp but I use the other 2. MTGox is the most volatile definitely.