Bloodislav,
  I got your email and your data, we will email you when we have a solution for you; you should not be seeing any message as we are currently "all systems normal." It is likely a system specific issue.

Pablo.

Is anyone else having issues with Bitstamp API? It stopped working for me approx 2.5h ago.

I had the same issue up until a while ago. Seems OK at the moment.

Bloodislav, check back in the forum at least a few days for posts that may help you with any given issue.  One of the things you will find are posts as to why you should be steering clear of GOX at the moment.

So far I'm going to so no to butterbot

Started it on Friday with default settings for gox

Started with 7.9 @ 195ish

First sale 188$ the lowest point this weekend.

First buy 205$ very close to the high for the weekend.

I went from 7.9 to 7.2 in two days.

At this rate I will be broke in a month.

sounds to me like I just need to hold BTC.....

Hi Flyboy ,
   With EMA about 70% of your trades will be small loss trades and the 30% profit trades should cover any losses plus a decent profit. Now when there is extreme volatility you get what in mathematics are called "mean deviators" profit or loss trades that are way out of the expected average range. It is because mean deviators are inevitable in any market, especially one as volatile as Bitcoin, that we say EMA is a long term strategy; it takes a large number of trades (the more the better) to bury mean deviators and for the math behind EMA to kick in (Think: The Law of Large Numbers).

We have had this discussion in the thread before and people using our bot tend to come out ahead over the long term. In the short term, we acknowledge that trades like the one you experienced may happen because a small number of trades will tend to produce random results (be they profit or loss). You have to either decide to stick with it long term or not do it at all; this is not a "Get Rich Quick" scheme.

Please let me know if you need anything at all .

Pablo.

Can u make a bot that starts at say X and if the value drops 2$ you buy and if it increases 4$ you sell?

It doesn't make since to have a bot that buys or sells at a loss. It's math. If the bot sold at 188 it should know not to buy back at 205...

Hi Flyboy ,
  I explained above how mean deviating trades happen, it's not about this bot or a bot, all trading systems are subject to mean deviating trades because when looked at independently each trade can be seen as the result of randomness; only when you aggregate them and look at them as averages over the long term can you make an accurate observation about the trading system. In other words, you can't judge any trading system at all by a single trade or a small group of trades.

Please take a look a deeper look into trading systems and the mathematical principles I have explained to you and you will understand will see what I mean .

Please let me know if you need anything at all :=).

Pablo.