Gunbot keeps missing out on large profit opportunities

[bubbasparx]

I've watched Gunbot several times miss out on big gains by just sitting there saying "Trend is still up !!! Waiting to sell".

2 days ago:

• bought BTC-IOP at 0.00031305
• price jumped to > .00041 (~ 31% - Sell lvl 3 was set to 30%)
• eventually sold at 0.00032477 (3.7%)

Today:

• bought BTC-IOP at 0.00032049
• price jumped to > .000365 (14%)
• price dropped to ~0.000337 (5%) and I manually intervened

I'm using bbstepgain:

"NAME": "bbstepgain",
"TRADING_LIMIT": 0.005,
"PERIOD": 15,
"BUY_LEVEL": 0.1,
"GAIN": 0.6,
"EMA1": 16,
"EMA2": 8,
"HIGH_BB": 35,
"LOW_BB": 25,
"STDV": 2,
"SMAPERIOD": 20,
"SELLLVL1": 0.6,
"SELLLVL2": 2,
"SELLLVL3": 70,
"SELLLVL": 2,
"PANIC_SELL": false,
"DOUBLE_UP": false,
"DOUBLE_UP_CAP": 1,
"STOP_LIMIT": 60,
"BUY_ENABLED": true,
"MIN_VOLUME_TO_BUY": 0.0001,
"MIN_VOLUME_TO_SELL": 0.0001,
"TRADES_TIMEOUT": 0

Can someone shed some light on how the trendwatcher determines the trend? Why doesn't it sell as soon as the price stops rising once it reaches my sell lvl? I've searched extensively but haven't found any info. Alternatively, is there a way to disable trendwatcher for sells? Or at least force it to sell once it reaches the last sell level?

[sloaleks]

I don't get it why on earth are you entering the sell cycle on level 2, if there's only that much swing? set selllvl to 1 and give the bot some time to catch the uptrend. gunbot does not not work in split second reaction time. also level 3 set to 70% is bit much over optimistic, don't you think, with BTC over 10.000 usd?

why it didn't sell on 31% even if level 3 was set to 30?
the bot will sell on trend reversal on stepgain, as it waits if the price will rise anymore. only way it detects the price is not rising anymore, is reversal to price dropping. from the wiki:
... 3: Sell when price hits SELLLVL3 and stops rising.

BTW, I get catch trades like your last graph using simple BB ... no need to fuss with levels.

[bubbasparx]

I read the wiki but it seems I didn't fully understand how the steps work. I've switched to and tuned BB and it's been working very well since, thanks a lot for the feedback.

[spiftheninja]

Your BB settings are too large.

[sloaleks]

Your BB settings are too large.

Why on earth might that be wrong? If the man likes a bit more profit per trade than a measly percent, let him do it. I run it larger still, and take 5 or 6% per trade.