Additionally, the bot DID eventually sell my BTC sometime after the crossover. It just didn't quite happen as soon as I would like. I know I'm getting close to the PeurtoLibre area of expecting something different out of the bot, this is just me slowly figuring it out.

17:00   89.821   91.208   91.557   -0.382% (Threshold 2 - -0.23) BOT SELLS
16:00   90.200   91.517   91.731   -0.234% (Threshold 1 - -0.17)
15:00   90.403   91.809   91.884   -0.081%

According to my Gox history, it sold here:

2013/07/20 17:00:22

Also, I'll just add this here. I sent it in email form as well.

Feature Request - Multi Configuration

• As a user, I would like the ability to set different Trade Frequencies, Buy and Sell thresholds per exchange.

Acceptance Criteria

• MtGox and BTC-E can both have their own unique Trading Frequency.
• MtGox and BTC-E can both have their own unique Buy and Sell Thresholds.
• In the Butter Bot Configuration options page I can view both the MtGox and BTC-E charts.

Would this be true for Sells as well?

Is there any way to get this bot running on crypto-trade.com?
https://crypto-trade.com/api/documentation
I'm not using Btc-e and Gox anymore, just CT - so this would be really nice!
Unfortunately I'm not a software developer, so I don't have any coding skills at all.
 

Quick question Pablo,

I'm looking at crytotrader.org's back testing and I see that they allow you can set the buy/sell threshold in the script.  I did the following settings:     
   
    context.pair = 'btc_usd'
    context.buy_treshold = 0.15
    context.sell_treshold = 0.15

In the Options/Settings for BTCBot -- would the settings above be the same as Buy Threshold  1= 0 Buy Threshold  2=.15
                                                                                                          Sell Thresdhold 1= 0  Sell Threshold 2=.15

Thank you for your work!!

Excellent. As always --- GREAT SERVICE. Thank you.

Hi Pangia ,
    Hmmm, all the information regarding how an Bitcoin EMA bot works has been amply discussed by Gomboo in his thread here: https://bt.irlbtc.com/view/60501.0

All 33 pages of this thread cover everything from Back Testing, to the EMA formula, to why it is effective, to how it applies to the Bitcoin market. There really isn't anything that I could post here that has not been much better covered by Gomboo than I could possibly make it. Perhaps it's worth it to say that we first looked to Gomboo's thread for inspiration as he has done a good job of creating a serious case for EMA trading in Bitcoin and explaining the why behind it.

As for your two specific questions:

1. Setting your thresholds to different numbers changes the difference after a crossover at which the bot will trade. The difference is expressed by the threshold values.

2. We use two thresholds to allow you to fine tune your strategy. You can replicate Gomboo's settings exactly by using 0 for the first threshold and 0.25 for the the second. Setting 0 for a first threshold value essentially negates it and it operates as a one threshold bot. See post #16 for recommended settings.

There is no mystery behind how an EMA bot works, the EMA formula is well known. I would really encourage you to read Gomboo's thread if you have not already done so, it covers pretty much everything that needs to be covered regarding EMA Bitcoin trading in more depth than I could possibly put together and has the benefit of many sources and varying opinions as to different strategies.

If you have any specific questions after reviewing this information, please let me know, I am here to hep you with whatever you may need .

Pablo.

So, using this logic, when the EMA crossover occurs, the bot will automatically send an email stating "a buy order is imminent" and then 1 hour passes, if the next number it sees in the chart is greater than or equal to your second threshold then it will trigger the buy (or sell)?

What is the possibility of adding 2 hour, 6 hour, 12 hour and 1 Day intervals?

Finally after much tweaking I've been able to see it execute a trade without help using the 0/# setting.

These are my current options
Hourly
Buy 1: 0, Buy 2: 0.01
Sell 1: 0, Sell 2: -0.01

This acts just as I thought it would and sends a message like, "Sell Order Imminent" on the crossover itself (within 1 hour of the crossover), followed 1 hour later with "Sell Order Trigger" after the first notification was sent.

I would like if there was a noob friendly setting so you could just have two checkboxes that would be something like

Buy All Exactly At Crossover [checkbox] (Hover Tooltip - Warning! Choosing this option could possibly lead to a buy that is not based on a trend! This will also override any thresholds set. Do you still want to use this setting?)
Sell All Exactly At Crossover [checkbox] (Hover Tooltip - Warning! Choosing this option could possibly lead to a sell that is not based on a trend! This will also override any thresholds set. Do you still want to use this setting?)