Messages

1

Technical Support & Development / Re: Bitfinex: Gunbot crashed with error: UnhandledPromiseRejectionWarning

« on: February 11, 2018, 04:36:32 PM »

For me this happened on Bittrex, the issue was I was trading a pair that became no longer listed on bittrex BTC-FUN. This is an issue as we want to be able to run this without thinking about it for a while at a time and every time a pair is removed from an exchange everyone's bots just stop trading.

I hope to see this resolved in future builds.

Thanks Gunthar.

2

General Discussion / Re: Connection with Binance

« on: February 09, 2018, 09:49:14 PM »

Same here. Gunthar, do we need a new release of Gunbot with the new API keys?

Also, can you please make the exchange urls parameterized as well? I notice that binance.com still doesn't work but us.binance.com does.

Thanks.

3

Beginners & Help / Re: Bollinger Bands: Either the math doesn't add up or I'm just a noob

« on: January 12, 2018, 04:45:00 PM »

Gotcha, thanks again sloaleks, this is super helpful; hopefully some other folks can something out of this convo too.

I have made a lot of progress on my understanding of how the bot works now. I agree with you that the bot seems a little dumb in it ability to determine candlestick trends. I'd love to see it initiate sell cycle after HIGH_BB is passed but then wait for an inflection point in the up-trend, not just sell because it hit that level; same on down-side buys too obviously.

I've been playing around a lot with the Buy Down strategies and replaying them to see what would have happened and how expensive it would have gotten for various coins. I think I finally found a scenario that makes sense for me...but here's a question.

On second buy-down cycle when the new average price is breached by the HIGHBB, does the bot buy immediately at that point (when the HIGHBB falls below the new average price) or does it then enter the buy cycle and wait for the price to dip below LOW_BB?

Thanks again.

4

Beginners & Help / Re: What to do in Steep Downward Trends (bb)?

« on: January 12, 2018, 04:37:37 PM »

Thanks for the reply.

That's what I figured. I did do a little science project replaying what would have happened if I used some buy down options and it can get expensive fast but I think I found a way that will work in most scenarios. If it goes to zero...well...you're hosed and good thing you have a stop loss I suppose.

5

Beginners & Help / Re: Bollinger Bands: Either the math doesn't add up or I'm just a noob

« on: January 10, 2018, 09:44:50 PM »

some bb pointers to consider:
low bb 50 = sma = high bb 50
low bb 0 = high bb 100
low bb 100 = high bb 0

keep in mind, the price need not be inside the Bollinger bands, it can wander either under or over them. you can use this fact to your advantage.

Great explanation sloaleks, thanks for taking the time to help out us noobs. You bring up a point I don't fully undersatnd in the last part there; you say that the price does not need to be inside the bands, I realize this but when is it that the bot decides to make a decision to buy/sell? Immediately when the price is achieved OR when a candlestick closes with the top/bottom in your range OR maybe when the following candlestick closes with a reverse direction...? What is the deciding factor for the bot?

One more thing is with regard to periods vs SMAPERIOD candlestick number. If SMAPERIOD = 50 I shift the PERIOD to 5 does that mean the SMA is calculated over the past 5*50 = 500 candlesticks? If so, to visualize the chart that the bot is using must I create a BB indicator on a chart with the "length" set to the SMAPERIOD and the candlestick period = PERIOD? Is that right?

Thanks again.

6

Beginners & Help / What to do in Steep Downward Trends (bb)?

« on: January 10, 2018, 04:44:16 PM »

With the BTC-USD market banging around on the support line I'm wondering if this starts to become a more common chart; especially if the market turns bearish.

I'm curious as to what the bot would do in the attached scenario with a BB strategy and the following non-default parameters. Notice that the highs rarely hit the SMA (band midpoint) and since my stop_limit is set to the default of 60 I don't think the bot would have sold for a loss in this scenario. What's a good way to defend against this down-slope and not wind up with a bag and/or money tied up for days-on-end?

Thank you.

LOW_BB = 25
HIGH_BB = 40

7

Beginners & Help / Re: Too much Enthusiasm to Buy?

« on: January 10, 2018, 12:32:17 AM »

I think I figured it out.

Looks like OKKIES_MODE controls it. It says to only use it if BTC pumps have significant effect on trading pair but it's defaulted to true, so that's interesting.


OKKIES_MODE   true   Values: true or false. Setting this to true disables buy orders when there is too much price and volume pressure on BTC. Configurable with BTC_MONEY_FLOW. Only use this if BTC pumps have a significant effect on your trading pair.

8

Beginners & Help / Too much Enthusiasm to Buy?

« on: January 10, 2018, 12:23:10 AM »

What does it mean when the bot says the follwoing, "Too much enthusiasm on market...waiting to buy...

What controls what is "too much" enthusiasm?

Thank you.

BUY CYCLE
2018/01/09 19:22:08: Entering buy cycle
************************************************************************************************
Gunbot XT says: There is too much enthusiasm on BTC/USD market...waiting to buy...