Messages

21

General Discussion / New feature suggestion: combining the power of Step-Gain and Bolinger Bands

« on: April 27, 2017, 05:58:04 AM »

Hi all,

I was thinking, about the Bolinger Bands, instead of making it a separate strategy, we could add it to the Step-Gain strategy, so we would benefit from both the powerful Step-Gain strategy and the additional BB indicator in the same strategy.

Well it is how I was thinking it should be coded, I see the Bolinger Bands and the %b as an additional indicator, like an optional filter that would help buying or selling at the best time.

We would just need to add two fields (with a check case in front of them) for the %LowBB and the %HighBB

Some might say (and they would be right) that there would be too many fields on the Step-Gain setup screen... but the good news is we can get rid of 4 fields that are actually completely useless

Indeed, in the Step-Gain strategy, we use only two levels, so we don't need 3 fields for buy and 3 fields for sell, but only two fields for each. We could get rid of the Buy Level and Sell Level fields too, we would have:
- Buy Level 1
- Buy Level 2
- Sell Level 1
- Sell level 2
And if we want to use only one level, we can just set the same value in the two fields

This is how the new interface would look like, more simple yet more powerful:



Please let me all know what you think about this proposal...

Thanks for reading

22

General Discussion / Re: Simple BB explanation needed

« on: April 27, 2017, 01:24:55 AM »

Below i added a screenshot with the 2 BB lines in it, if someone could add some dots into
it as an example or using the prices on the right as example, i would be very grateful.

With %LowBB=5 and %HighBB=5, we get this, the green area is where the bot is allowed to buy, which is 5% above lower BB and below, the pink area is where the bot is allowed to sell, which is 5% below upper BB and above

The value of these two parameters are the % of the distance (between the two Bolinger Bands).

In Spring, 2010, John Bollinger introduced three new indicators based on Bollinger Bands. They are BBImpulse, which measures price change as a function of the bands; percent bandwidth (%b), which normalizes the width of the bands over time; and bandwidth delta, which quantifies the changing width of the bands.

%b (pronounced "percent b") is derived from the formula for Stochastics and shows where price is in relation to the bands. %b equals 1 at the upper band and 0 at the lower band.

(Source: https://en.wikipedia.org/wiki/Bollinger_Bands)

With Gunbot we just multiply %b by 100, and when talking about %HighBB, we start from 0 at uper BB up to 100 at lower BB

For %LowBB it starts at 0% at the lower BB and grows as we move up to reach 100% at the upper BB
For %HighBB it starts at 0% at the upper BB and grows as we move down to reach 100% at the lower BB

You can even use negative values (if you want to buy below Lower BB or to sell above uper BB

Explanation of the strategy initial idea here: https://gunthy.org/index.php?topic=99.0

Hope this helps

23

General Discussion / Re: GUNBOT v3.1 - Release name: "x3"

« on: April 22, 2017, 10:47:31 PM »

Actually there is not a time limit (especially for the BB strategy "inventor" )

Thanks


Btw I have a question about this new release:

These are the settings to use for this strategy:
- LOW_BB: 5, //percentual from the lowest Bollinger Band you want to buy
- HIGH_BB: 5, //percentual from the highest Bollinger Band you want to sell

Can we set negative values in LOW_BB and HIGH_BB if we want to buy below lower BB or sell above upper BB ?

Thanks for your kind help

24

General Discussion / Re: GUNBOT v3.1 - Release name: "x3"

« on: April 22, 2017, 06:47:36 PM »

The GUNBOT x3 edition comes with different packages:

• The Family pack: if you bought the Poloniex GUNBOT before 20 April 2017, you are considered a "contributor". You can have 50% off discount on the Kraken license and the Bittrex license: 0.1BTC for both licenses

~Gun

Hi Gunthar. Is there a time limit for this offer ? Because actually I'm only using Poloniex, but I might give a try at Kraken and Bittrex in a few weeks (months ?)

Thanks for this great release !

25

General Discussion / Re: GUNBOT v3.1 - Release name: "x3"

« on: April 20, 2017, 04:45:38 PM »

Woot this is really awesome ! Thanks Gunthar for coding this :-)

Can't wait to try the win version ...

26

Technical Support & Development / Re: Manual Buy not taken into account by Supergun, need help please...

« on: April 19, 2017, 04:12:28 AM »

are you guys using the 2.0.4b with the applied patch #312?

I am as well

Thanks Gun for taking a look at this

27

Technical Support & Development / Manual Buy not taken into account by Supergun, need help please...

« on: April 17, 2017, 05:32:52 PM »

Hi all,

In the last release changelog it says

Implementing manual trades: you can now play manually @Poloniex and the bot will know. If you buy and let the bot sell for you, it will follow the logic of supergun and sell at profit. If you sell what the bot bought, it will look to buy again.

I gave it a try but it did not work... but maybe I did something wrong.

What I did was:
1) Launch Supergun on the pair I wanted to buy, with 0.01 max balance to trade
2) manually bought 0.01BTC worth of that coin on Polo

The Supergun didn't notice my buy (despite it was showing the correct balance of altcoin), it kept saying "we have enough balance ... waiting for the price to drop more..."

So I'd like to know if this feature works, if some ppl already used it successfully and how they did.

This feature is really interesting when you catch the start of a pump and I'd like to have it work

Any help would be greatly appreciated

Thanks

28

General Discussion / Re: Testing Strategies - Two sets of bots running 8 pairs for a week

« on: April 17, 2017, 04:11:41 PM »

Really interesting comparison, thanks for sharing this !

Could you please tell us which pairs you choose for this test ?

Keep on the good job

29

General Discussion / Re: Improvment suggestion to minimize bagholdings

« on: April 16, 2017, 11:06:04 PM »

Yes next version of polo-kraken-bittrex have bollinger band implemented.

Really Gunthar ? The way I describe it with a % parameter associated with each pair ?

Thanks, that's gonna be really awesome 

30

General Discussion / Improvment suggestion to minimize bagholdings

« on: April 16, 2017, 10:47:08 PM »

Hi all :-) and Hi Gunthar :-)
First of all I want to say I really enjoy Gunbot and Gunthar's constant efforts to improve it !

Now from my experience and from what I read in the chat, the main problem remaining on Gunbot is when it buys at top price, leading to bag holdings for days (weeks... months...) before these alts recover

I have a suggestion for an option that would allow to minimize these situation
I already posted this idea twice on the Telegram group and it received very good feedback, but I'm sure many users missed it (sometimes hard to read 1000+ messages daily), and that's why I'm posting it here on the forum so everyone can see it and comment.

This options consists in an additional parameter that would be % of bolinger band where bot is allowed to buy
The bot would measure the distance between the lower and upper bolinger bands, and if the price is at a higher distance than set, the bot would not buy

We could set this parameter to 500% by default, with this setting the bot would behave exactly as it is doing now, and it would not bother  those who don't want to use this feature.

This would be an additional filter that would be applied just before the bot buys, so it would not change at all the actual gunbot strategy, but only prevent buying too close to upper Bolinger Band if the feature is activated.

For those who want to use the feature, they could set this parameter to 50% for example in which case the bot would buy only if Buy Price is below or at 50% distance from lower bolinger band to upper bolinger band. Depending on each coin behavior the parametre could be set to 10%, 0%, or even -10%

In the picture below for example, the parameter is set at 50% and the bot would be allowed to buy only in the yellow range (sorry the drawing was quickly made and not perfect).



For myself if this was implemented I would use it a lot and set it between 20%~30% I think, but that must be adjustable differently for each pair according to their recent behavior.

In Spring, 2010, John Bollinger introduced three new indicators based on Bollinger Bands. They are BBImpulse, which measures price change as a function of the bands; percent bandwidth (%b), which normalizes the width of the bands over time; and bandwidth delta, which quantifies the changing width of the bands.

%b (pronounced "percent b") is derived from the formula for Stochastics and shows where price is in relation to the bands. %b equals 1 at the upper band and 0 at the lower band

So basically if we call BBSetParam this new parameter, we would have something like:

Code: [Select]

if (AllOtherConditionsOk && (%b*100 <= BBSetParam))
BotCanBuy=TRUE;

(Note: someone on the Telegram group said that it is useless because we have EMA's, but this is wrong. Bolinger Bands are really a different indicators, and EMA's are useless in what I'd like to see, because EMA's always tend to follow the upper Bolinger Band during pumps, and the lower Bolinger Band during dumps.)

I would like to hear everyone's opinion about this suggestion
Thanks for reading :-)