I am new to this robot and am testing it right now. To utilize the Turtle Method what would be the best settings on your bot to emulate it? I would like to be the lazy man and set it and forget it as I work long days and do not have time to monitor it for most of the day.

Thanks

I setup the bot and have a trial license key.  The bot seems to be working and I even got an email that a sell order triggered, but when I look on BTC-e I don't see any trade for LTC.

Is there a log somewhere that I can check to see why the sell order was never executed?

Also, when is butter-cream coming out?  I would like to be able to enable and disable my bot from either work or home, but if it has to run in chrome as an extension I am assuming running it in both locations would cause it to actually trade in both locations?  Is that correct?  I really only want one bot running, not two.  I just want to be able to play with the settings from either location.

And one last question.  Is there any planned support for other coins or exchanges like Cryptsty and the multitude of other altcoins they offer?

3500% is bad as BTC risen more than that. Anyways I'd like to see trade log of a backtest run which does that profit.

Here is a trade log of my bot doing more than 3000% profit on last 4 months at mt.gox: http://pastebin.com/raw.php?i=FYjLm6YL
Chart: http://oi57.tinypic.com/2uz55wm.jpg

PS: I've ran a few thousand backtests using only EMA cross indicator with randomized parameters and it never did more profit than holding. It's good on stock trading which aren't this volatile.

Sorry Pablo, I think it's time for advanced bots to step in.

How do you backtest for 1 year? When I use custom date range of 1 year by clicking on the calendar, once I chose the To date the From date disappears. If I manually type in a 1 year date range once I type in the To date, the From date reverts to Jan 1 2014. The 1 year option is not in my drop down list.

Should note that I have a trial edition right now.

Hey Pablo,

I am experiencing a strange problem with Butter Bot.  Instead of the usual B symbol in Chrome, it is showing a puzzlepiece.  It is currently showing .39 on a red background and a down arrow, like it does when it's running correctly, so I don't know if it's working or not.

If I right-click on it and select Butter Bot, it takes me to the Chrome Store.  If I right-click and select Options it tries to open chrome-extension://mobiagalfkjjikfjjdbihiojihpdfbpl/options.html but it fails with a "The webpage is not found" error.

Any ideas?

If it matters, I have Butter Bot running on two PC's.  One the one I am not having trouble with is on all the time, and Butter Bot is set to do trading.

On the PC I am having trouble with, which is not on all the time I also have Butter Bot installed.  I have the same settings in it, but trading is disabled.  That way I can see what is going on without having two competing bots.

Could this be causing the problem?

Thanks!

Guys,
  As far as I am aware, custom back testing can only be done for 6 months but you can still use the drop downs for up to 2 year back testing. Does that make sense to you guys or are you seeing something different? If not, can you please post a screen shot of what you see in back testing in terms of options so I can track it down?

Thank you .

Pablo.

Not a problem! I consider myself a power user, so I'm always tweaking settings and try to notice when programs might be improved by adding things here and there for ease of usability and what not.

I know that with the nature of this program its not in all of our best interests to make this super easy to use, but for your existing customers I do see this as definitely being a decent usability upgrade for those that would rather not bother with thresholds and are just looking for a bit that will buy and sell at the crossovers, but also gives advanced users the tools to further personalize their experience with the software.

I just want to make a comment in regards to everyone who says that EMA does not work anymore:

EMA does work... when the market is in an uptrend. It's really quite simple. When the market tops out and turns downward, you should consider turning off the bot until it bottoms and turns upward again. When a market is in an upward trend, EMA picks up the majority of the moves and exits when the market turns downward. It is very effective in uptrends. When markets are in downtrends, EMA initiates buy orders on the brief corrections (crossovers), but then exits when the market continues the downward trend. That's why EMA has losing trades in downtrends. To find the present general trend, use a 12 Hour or 1 Day chart to see if the market is truly in an uptrend, downtrend, or sideways consolidation phase. With the right settings, this bot can make 3500% or more per year on Bitstamp or BTC-e. That performance is actually leaving the bot on for the past year and not turning it off during the 2 major downtrends that took place. If you had shut off the bot during those downtrends, the bot would have made 5500% in a year. Of course, you need to use the correct settings to get that kind of performance.  

Since December 5th, the market has been in a downtrend and at times sideways consolidation. This is a common historic pattern for BTC. We rally to all time highs, crash/panic sell to half the value or more, then move downward/sideways for 2-4 months before the next big rally. EMA is perfect when we are in a rally/uptrend. Just be patient and make sure that the trend is truly moving upwards.

For instance, it looks like we could be entering into an uptrend right now. If the price extends above 700 and holds, we should see a nice uptrend through the middle to end of April. I used to trade forex professionally for 10+ years and have been trading BTC for the one year so far.

Butterbot is the best BTC trading bot I have found and you won't find a product with better customer support. Pablo is the best and he is always working to improve his product.