Trying out the demo for this, would like to utilize this for a stop loss function for this software on bitstamp. I don't wish to have the bot actively trading. Is there setting that will allow the stop loss feature to activate during a crash, but doesn't have the bot making trades all willy nilly?
Really you should not be using the BOT if you do not understand that it is not 'willy nilly', the whole point is that over time you will see an increase over a 'normal' human trader, but that may include taking it in the ass once in a while....
There is a 'run test' function and whilst it is a bit basic, it will give you an idea.
For example the recommended settings would have made a significant loss on Mtgox over the past few days.
It gave me enough of an idea to understand the functionality is not suitable for trading in such a market at the moment, as it stands the BOT is not quite polished enough, and yep I know it makes money, but is also takes rather more 'hits' than it should.
Personally I'm of the mind that the product is in need of significantly more 'safety mechanisms', but I also do not think that a simple 'stop loss' is the answer, specifically because it can be exploited by other traders and in some cases may well be a significant contributing factor to a 'flash crash'.
That said and despite the BOT going mad and clearing out all my FIAT, I have still managed to manually trade the account to a significantly better position that the BOT over the last two days.
There are some rather 'shitty' patterns emerging from gox at the moment indicating some very rough BOT trading algorithms.