Any plans to make this work with Bitfinex?

Thanks!

Hi Pablo,

I ordered a butter-bot via paypal from you yesterday.  Haven't seen any information about license or anything.
:   
Butter Bot + 3 months subscription

Web Accept Payment Sent (Unique Transaction ID #30P70098MW989772R)


Thanks!

Is this a ok settings pr. today?


We reccomend the following starter settings for Mt. Gox:

Short EMA: 10 Long EMA: 21
Buy 1: 0 Buy 2: 0.25
Sell 1: 0 Sell 2: 0.25
2 hour time window.

The following settings are for Bitstamp and BTC-e:

Short EMA: 20 Long EMA: 42
Buy 1: 0 Buy 2: 0.15
Sell 1: 0 Sell 2: 0.1
30 minute time window.

Please read Gomboo's journal regarding EMA trading. https://bt.irlbtc.com/view/60501.0

Basically your short and long EMA lines crossed, which triggered buys and sells. This should be expected given the market oscillations that have been occurring for the past couple days. Butter Bot is a long term trading bot, so you need to expect many of your buy/sells are going to be unprofitable in the short-term. Many pages have been written about this in the thread.

just found a setting that gives out 23,000% a year BUT it seems like you have to constantly adjust
the settings to make it match to the current market -  right?

Cuase when choosing the 23,000 settings on the last week month it doesnt look that bright...

I want to hear some real stories from butter bot users how long do you have it and what are your profits in BTC ?
Tell me

Butter Bot's back-testing capabilities are great, but the results are optimised for USD which can make it difficult to compare to a buy-hold strategy.

I've put together a simulation which mimics Butter Bot's trading strategy to hopefully give everyone a better idea of 2 things:

• The "best" short and long EMA parameters
• The actual increases you would have seen versus buy-hold

Thus far I've only run the simulation on btc-e trades. The 1 min trade frequency simulations take a long time to complete and given my Macbook wasn't a particularly willing participant with the other simulations they're not included.

Essentially every possible combination of short/long EMA between 1-120 are included. Thresholds and tick offset have been fixed to the recommended values.

The results are contained in a number of CSV files with short EMA vertical and long EMA horizontal. The results are BTC optimised given 1BTC was invested at the start of the period. ie. a value of 1.9 means you invested 1BTC and had 1.9BTC (or USD equivalent) at the end. This is also what your return would have seen versus buy-hold.

Check out the results and enjoy

You can download the simulation results here:
http://www.sudosystems.net.au/wp-content/uploads/2013/05/ema-profit-2014-01-09.zip

Exchanges: btc-e
EMAs: 1-120 (short and long)
Test durations: 1 week, 1 month, 3 months, 6 months, 1 year
Trade frequencies: 5 min, 15 min, 30 min, 1 hour, 2 hours
Buy threshold: 0.15
Sell threshold: 0.1
Tick offset: 0
Last trade data: Wed, 08 Jan 2014 23:01:18 GMT

If you find any of this info helpful or are looking for some particular simulations feel free to donate to my trading fund:
1BzDv1bep679dtXchHaWRu9XR5jrTUfFCF

Its your product so you can do what you like but here is a suggestion:

Offer a 30 day trial license instead of 1 week.

Lets look at some scenarios:

Customer A decides to try out your product for 1 week using $100 bucks on BTC-E. In that 1 week he performs several automated trades and maybe he turns a profit 1 or 2 of the days but by the end of the week he is under 100,do you think he is likely to sign up?

Customer B decides to try out your product for 1 month and using $100 bucks on BTC-E. In that 1 month he is under 100 bucks during the 1st week or so but by the end of the month he has earned a profit of about 15%, do you think he is likely to sign up?

Suggest adding CampBX support.   It's the only US based one I know of, and for US folks, that's far more trustworthy  since it has to comply with US law.

When you buy a new car, you get a quick test drive for a couple of hours or sometimes you're able to keep the car overnight. Sure you could do a few errands in the new car while you were test driving it, but that's not the point, it's not intended to be a means of transportation during the test drive, it's meant to be long enough to make up your mind on whether it's going to work for you and your family.

You're spending thousands of dollars on a car and you get a few hours or overnight; you're spending a hundred or so dollars on Butter Bot and you get to trial it for a week - that is more than generous.

So how about you make up your mind by reading the extensive threads on the subject and stop wasting everyone's time by sounding like a poor man begging for a month's free trial?