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Beginners & Help / Bot consistently losing money with its trades
« on: January 20, 2018, 02:58:55 PM »
I have had my bot running on Poloniex more or less non-stop for the last few months. I was under the impression that everything was working fine until I today downloaded all the bots trade history and analyzed it.
I found, to my horror, that the bot is slowly but steadily eating away at my account balance and loses money pretty much every day.
This plot shows a running sum (cumulative sum) of the bots daily total sell amount in BTC minus the total daily bought BTC amount. So if the bots sells for more than it buys, this should be positive, which it basically has never been, apart for getting lucky at the start of January when altcoins exploded for a few days.
I’m using the BB – Stepgain strategy with the following settings on Gunbot XT 7.02:
TRADING_LIMIT 0.02
FUNDS_RESERVE 0.001
PERIOD 5
BUY_LEVEL 0.6
GAIN 2.15
EMA1 24
EMA2 48
HIGH_BB 40
LOW_BB 40
STDV 2
SMAPERIOD 30
SELLLVL1 1.5
SELLLVL2 2.5
SELLLVL3 70
SELLLVL 2
PANIC_SELL OFF
DOUBLE_UP OFF
DOUBLE_UP_CAP 1
DU_CAP_COUNT 1
DU_METHOD HIGHBB
DU_BUYDOWN 2
RSI_BUY_ENABLED OFF
RSI_SELL_ENABLED OFF
RSI_BUY_LEVEL 30
RSI_SELL_LEVEL 70
STOP_LIMIT 60
BUY_ENABLED ON
OKKIES_MODE ON
BTC_MONEY_FLOW 35
MIN_VOLUME_TO_BUY 0.0001
MIN_VOLUME_TO_SELL 0.0001
TRADES_TIMEOUT 450
SELL_ENABLED ON
TA_ALWAYS_ON OFF
Could anyone tell me why in the name of all that is holy the bot seems to sell at a loss when I have asked it to sell with a gain of 2.15 %?
I found, to my horror, that the bot is slowly but steadily eating away at my account balance and loses money pretty much every day.
This plot shows a running sum (cumulative sum) of the bots daily total sell amount in BTC minus the total daily bought BTC amount. So if the bots sells for more than it buys, this should be positive, which it basically has never been, apart for getting lucky at the start of January when altcoins exploded for a few days.
I’m using the BB – Stepgain strategy with the following settings on Gunbot XT 7.02:
TRADING_LIMIT 0.02
FUNDS_RESERVE 0.001
PERIOD 5
BUY_LEVEL 0.6
GAIN 2.15
EMA1 24
EMA2 48
HIGH_BB 40
LOW_BB 40
STDV 2
SMAPERIOD 30
SELLLVL1 1.5
SELLLVL2 2.5
SELLLVL3 70
SELLLVL 2
PANIC_SELL OFF
DOUBLE_UP OFF
DOUBLE_UP_CAP 1
DU_CAP_COUNT 1
DU_METHOD HIGHBB
DU_BUYDOWN 2
RSI_BUY_ENABLED OFF
RSI_SELL_ENABLED OFF
RSI_BUY_LEVEL 30
RSI_SELL_LEVEL 70
STOP_LIMIT 60
BUY_ENABLED ON
OKKIES_MODE ON
BTC_MONEY_FLOW 35
MIN_VOLUME_TO_BUY 0.0001
MIN_VOLUME_TO_SELL 0.0001
TRADES_TIMEOUT 450
SELL_ENABLED ON
TA_ALWAYS_ON OFF
Could anyone tell me why in the name of all that is holy the bot seems to sell at a loss when I have asked it to sell with a gain of 2.15 %?