Sampey, in your example (from first page):
"
- % Min Gain have his meaning for each market.
Ex :
LTC/BTC
Best Sell : 0,025
Best Buy : 0,0249
Difference is : 0,0001
% Difference is : 0,4%
DOGE/BTC
Best Sell : 0,00000111
Best Buy : 0,00000110
Difference is : 0,00000001
% Difference is : 0,9%
So, choosing 1% for LTC/BTC could be a good idea, choosing 1% For DOGE/BTC could be a bad idea."
Can you please explain this further?
Why 1% for LTC/BTC is good idea when there is only 0.4% difference?
And why 1% for DOGE/BTC is bad idea when there is 0.9% difference?
That example was because DOGE had 1 SAT Spread. And you will never had 1% spread between best Buy and best sell order book prices.
Example
Best Sell : 0,00000111
Best Buy : 0,00000110
If you set 1% with these wall values (i repeat, it's a specific doge example) results will be
PING Sell 111 SAT -> PONG BUY 109 SAT
or
PING By 110 SAT -> PONG Sell 112 SAT
And it will be very difficult to have a 109 BUY or 112 SELL order matched.
When you have 2 Walls and usually price doesn't move between buy wall and sell wall, your % GAIN should be inside the spread between max and min.