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Messages - mikethemagic

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1
Technical Support & Development / Re: Double Up Configuration
« on: August 17, 2017, 09:25:08 AM »
+1 I also made the observation that the current double-up is not perfect in the current market situation since it drains the bot's liquidity very fast. It works best if you only have 1-2 bags and the bag is not too much into the negative (e.g. -5%). For bags that are -20% or if you have a lot of bags you are probably better off doing it manually waiting for a more longterm trend up.
I agree that a config setting to limit the number of double-ups per pair (e.g. only double up n-times per pair) or a liquidity limit (e.g. only double up if balance is > 0.5 BTC) would allow for way better money management.

2
Technical Support & Development / Re: Bugs/Issues tracker v4.0.1_patched
« on: August 15, 2017, 11:01:03 AM »
For 4.0.3, running macOS version on Poloniex:

didn't see it yesterday evening when I installed but this morning this error is all over the place. Happens regularly (about every 30min)
for different pairs

2017/08/15 11:55:15: Kicking poloniex, receiving new tickers...
------------------------------------------------------------------------------------------------
 ɢՍͶ฿۝Ł v4.0.3  Scanning poloniex for trading opportunities 2017/08/15 11:55:16
------------------------------------------------------------------------------------------------
Error on strategy BB for BTC_SJCX on poloniex while getting prices -| Error: [{"globalTradeID":209586885,"tradeID":1010631,"date":"2017-08-15 09:55:03","type":"sell","rate":"0.00033278","amount":"757.82034519","total":"0.25218745"},{"globalTradeID":209586884,"tradeID":1010630,"date":"2017-08-15 09:55:03","type":"sell","rate":"0.00033279","amount":"7.82352234","total":"0.00260358"},{"globalTradeID":209586883,"tradeID":1010629,"date":"2017-08-15 09:55:03","type":"sell","rate":"0.00033279","amount":"335.31460205","total":"0.11158934"},{"globalTradeID":209586286,"tradeID":1010628,"date":"2017-08-15 09:54:01","type":"sell","rate":"0.00033279","amount":"664.68539795","total":"0.22120065"},{"globalTradeID":209586285,"tradeID":1010627,"date":"2017-08-15 09:54:01","type":"sell","rate":"0.00033379","amount":"81.57395368","total":"0.02722856"},{"globalTradeID":209584920,"tradeID":1010626,"date":"2017-08-15 09:51:33","type":"buy","
.....very long json dump

3
General Discussion / Re: Help. Starting out
« on: August 14, 2017, 04:57:37 PM »

I do understand, too late now, that the bot is just a tool (a very good one I believe), but that I must control it and for that I have learn about the bot and about the markets, which I am totally willing/wanting to do it. Any suggestion on where to find the right information that I should learn?


My guess is you are right. However I also guess the whole idea of the reseller program is that they should help you out with the basic 101 (and get a kickback), not the developers.
A lot of information can also be found elsewhere that is not directly linked to the bot. e.g. basic principles of technical trading and technical analysis, the fact that Bitcoin price going to the moon is bad for altcoins (at first), never use money for trading that you cannot afford to loose and always keep some liquidity in the back hand.
And probably your reseller is right, when she advises "just wait" to absolute beginners. I don't know since I have started just 7 days ago but based on the fact that crypto market cap is still growing almost everything will go up in the long run. If you keep your bags you cannot loose, just earn slower  ;)

4
Technical Support & Development / Re: Bugs/Issues tracker v4.0.1_patched
« on: August 14, 2017, 11:07:42 AM »
not sure wether it is a bug or ambiguous logging output

sometimes the bot says "BOUGHT!!!" but when I check on Poloniex then there is neither a trade nor an open order

 
Code: [Select]
______ v4.0.1  Tips&Tricks: BTC_XMR can be bought!!!                                           
2017/08/14 11:50:48: There are some trading opportunities for BTC_XMR at poloniex. Scanning Trade History           
2017/08/14 11:50:48: Last Bid price BTC_XMR: 0.01162483 | Last Ask: 0.0116274                                       
2017/08/14 11:50:48: Balance BTC: 0.02803321                                                                         
2017/08/14 11:50:48: Balance XMR: 0.00000000                                                                         
2017/08/14 11:50:48: On Orders XMR: 0.00000000                                                                       
Processing strategy BB for BTC_XMR on poloniex                                                                       
___________________________________________________________________________________________________________
_ ______ v4.0.1 _ LowBB       _ HighBB      _ Buy at      _ Last      _ BTC        _ XMR        _ Pair    _         
___________________________________________________________________________________________________________         
_ Buy cycle     _ 0.01134395  _ 0.01256721  _ 0.011833253 _ 0.0116274 _ 0.02803321 _ 0.00000000 _ BTC_XMR _         
___________________________________________________________________________________________________________         
_ Callbacks     _ Time to buy _ 0.011833253 _ BTC_XMR     _           _            _            _         _         
___________________________________________________________________________________________________________         
_ BOUGHT!!!     _ Amount:     _ 0.86003750  _ Rate:       _ 0.0116274 _                                   _         
___________________________________________________________________________________________________________         

another observation is that "double up" feature needs some configurable safety measure. The last 2 days the bot was doubling up like crazy eating up all liquidity leaving the bot stalled until I transferred more capital. Stalled bot means missing trading opportunities but disabling "double up" of course means missing recovery opportunities once some bags recover naturally. It would be nice if I could configure some minimum trading capital that would not be touched by the double-up strategy if there is at least one none-bag pair left that can be traded.

cheers

Mike


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