Gunthy

GUNBOT: The automatic profit generator => General Discussion => Topic started by: arnthorsnaer on September 11, 2017, 11:49:30 AM

Title: Been loosing money - request for feedback on 4.0.5 BB config
Post by: arnthorsnaer on September 11, 2017, 11:49:30 AM

Hi there. Noob here.

I've been experimenting with the config, was happy with the trade frequency of this config but disappointed to see I've been loosing money (btc) on it (now on it's 6th day).

Is there something here that feels off to you guys?

Code: [Select]

    "bb": {
      "BTC_TRADING_LIMIT": 0.04,
      "PERIOD": 15,
      "BUY_LEVEL": 0.1,
      "GAIN": 0.1,
      "HIGH_BB": 40,
      "LOW_BB": 40,
      "EMA1": 200,
      "EMA2": 50,
      "PANIC_SELL": false,
      "DOUBLE_UP": false,
      "STOP_LIMIT": 60,
      "BUY_ENABLED": true,
      "MIN_VOLUME_TO_BUY": 0.001,
      "MIN_VOLUME_TO_SELL": 0.001
    },

Title: Re: Been loosing money - request for feedback on 4.0.5 BB config
Post by: mfcmasterk on September 11, 2017, 07:45:49 PM

Quote from: arnthorsnaer on September 11, 2017, 11:49:30 AM

Hi there. Noob here.

I've been experimenting with the config, was happy with the trade frequency of this config but disappointed to see I've been loosing money (btc) on it (now on it's 6th day).

Is there something here that feels off to you guys?

Code: [Select]

    "bb": {
      "BTC_TRADING_LIMIT": 0.04,
      "PERIOD": 15,
      "BUY_LEVEL": 0.1,
      "GAIN": 0.1,
      "HIGH_BB": 40,
      "LOW_BB": 40,
      "EMA1": 200,
      "EMA2": 50,
      "PANIC_SELL": false,
      "DOUBLE_UP": false,
      "STOP_LIMIT": 60,
      "BUY_ENABLED": true,
      "MIN_VOLUME_TO_BUY": 0.001,
      "MIN_VOLUME_TO_SELL": 0.001
    },

you really should learn what bb, gain, buy level, ema
its not automatic thing for you you must understand and set it how you want them

Title: Re: Been loosing money - request for feedback on 4.0.5 BB config
Post by: m749188 on September 11, 2017, 11:02:44 PM

Not a 100% certain, but i think the "GAIN" is already in %, meaning that by setting it to "0.1" you set it to 0.1% or 0.001. Bittrex for example has a 0.25% trading fee on every trade so you make less profit per trade than it takes to cover the fees.

Title: Re: Been loosing money - request for feedback on 4.0.5 BB config
Post by: arnthorsnaer on September 12, 2017, 12:15:34 AM

>you really should learn what bb, gain, buy level, ema
>its not automatic thing for you you must understand and set it how you want them

Could not agree more. I wish I could find comprehensive documentation for each strategy and each configuration option for each strategy.

Title: Re: Been loosing money - request for feedback on 4.0.5 BB config
Post by: arnthorsnaer on September 12, 2017, 12:16:32 AM

>Not a 100% certain, but i think the "GAIN" is already in %, meaning that by setting it to "0.1" you set it to 0.1% or 0.001. >Bittrex for example has a 0.25% trading fee on every trade so you make less profit per trade than it takes to cover the fees.

Thanks.

Title: Re: Been loosing money - request for feedback on 4.0.5 BB config
Post by: lucidqdreams on September 12, 2017, 01:02:02 AM

A Gain of 0.0n is very low, there was a post using 0.6 as a way to allow trading of "bags" of coins, but most other examples have it above 1 at least, more likely 2 or 3.  Some you tubers that share their settings have the gain set 4 and up, I'd say start there.  I have had trouble finding a good definition (I can understand) for EMA values.  Gunthar posted 5.0.1 release and the release notes mentioned a number of fixes to calculations, might be worth investigating upgrade.