Feature Request: Automatic Bag Handling

[Hanter]

Hi All,
Just wanted to float an idea suggestion: Bag handling

In some of the trades the GB makes a buy at pricelevel A, but then the price drops.
From that moment that pair is basically locked, whilst there might be profitable trade opportunities below pricelevel A.

So what if  GB introduces levels of bag handling, to be set at your discretion.
Say level 0 is current behaviour
level 1 : if 1 pair locked, cache that, keep an eye on pricelevel A, but continue trading with a fresh pair 1,
             perhaps with an option to set higher buy level preventing buying too much in a dump.
             If the prices raises above A, sell first pair 0.
             
level 2: if  pair 1 is locked as well, continue with pair 2.
..

Obviously you  risk more losses in a dump, so not for the lighthearted or without enough room to manuevre.

The reward is potential more profit on the way up.
What do you think?

[alexwyyc]

Hi All,
Just wanted to float an idea suggestion: Bag handling

In some of the trades the GB makes a buy at pricelevel A, but then the price drops.
From that moment that pair is basically locked, whilst there might be profitable trade opportunities below pricelevel A.

So what if  GB introduces levels of bag handling, to be set at your discretion.
Say level 0 is current behaviour
level 1 : if 1 pair locked, cache that, keep an eye on pricelevel A, but continue trading with a fresh pair 1,
             perhaps with an option to set higher buy level preventing buying too much in a dump.
             If the prices raises above A, sell first pair 0.
             
level 2: if  pair 1 is locked as well, continue with pair 2.
..

Obviously you  risk more losses in a dump, so not for the lighthearted or without enough room to manuevre.

The reward is potential more profit on the way up.
What do you think?

I agree with anything that would set bags aside for longer term resale and continue trading the pair.

[magictrade]

i agree to (;

https://gunthy.org/index.php?topic=409.0

[magictrade]

maybe another way to "handle" bags is, to use the macd in an upper timeframe for trenddetection ?

so that gunbot onlybuy, if there macd-value not to high or shows an uptrend........
or if the macs signals an downtrend, then gunbot place a order for this trade/bag and wait till the macd value is lower, for a new buy...

[opedroadami]

Hi All,
Just wanted to float an idea suggestion: Bag handling

In some of the trades the GB makes a buy at pricelevel A, but then the price drops.
From that moment that pair is basically locked, whilst there might be profitable trade opportunities below pricelevel A.

So what if  GB introduces levels of bag handling, to be set at your discretion.
Say level 0 is current behaviour
level 1 : if 1 pair locked, cache that, keep an eye on pricelevel A, but continue trading with a fresh pair 1,
             perhaps with an option to set higher buy level preventing buying too much in a dump.
             If the prices raises above A, sell first pair 0.
             
level 2: if  pair 1 is locked as well, continue with pair 2.
..

Obviously you  risk more losses in a dump, so not for the lighthearted or without enough room to manuevre.

The reward is potential more profit on the way up.
What do you think?

Kudos to that idea. Would be really nice to be implemented in the future.

[magictrade]

or if that all to much, to programm or so on (auto-bag-handling)......

it would be leastwise helpfull, if gunbot write you an email or so, if a trade open for XXX days.....

becouse, if you want to look, how long a trade is open, you need to click on the pair, search the date on that the trade was startet, in the order history and so (on polo).....
if gunbot automatical write/contact you, if a trade open for 3-4-5 days (or what every you want) .....
it is much easier to find te bags and set an sell-order via hand........

but of course, auto-bag-handling is much better (;

or both, so, that you can decide, what you want........


but i have a good feeling, that gunther will surprise use, with a new kind of KI (;

with every version they are new surprises (;

[magictrade]

or another idea, to handle "bags" is......

gunbot try to go on trade this pair and sell to the highest price.....

but if the "bag" is open for X days and on downtrend or Y% under the buying-price,

gunbot open a new trade for this pair on the new pricerange (if a possibility is there - what ever the "indicator" (bollinger bands or stepgain) says)

but thats only an option, via checkbox........ if you like, that gunbot work like now, than leave it unchecked (;

or with a number....

and gunbot retry it a second time, if you have two "bags" ^^

or a third time, but i think, thats to much ^^ but maybe somebody want it (;

i suggest this, becouse "bags" are blocking the balance and the "pair" for trading and so you maybe miss some trades on the lower pricerange....

but for what ? to wayt till the price go up ? after one or two weeks or if you have luck, after a few days......

if you like this idea and will give it a chance, i suggest you make one fild for the amount of "retrying" and one field for the days and the % - "is the price X days under Y% below the price, then try it again" (thats what this will say to gunbot, in human lang. (; )


the other thing is to try, that gunbot dont make "bags".......

maybe via an "% per time" indicator........

thats mean, if the price grow X% in Ytime, then better dont buy and wait.... if the price are stable after a time and the trendindicator shows an up/sidetrend, than this is the new pricerange for trading, otherwise wait till the "peak" is over and go on trading in the lower price range.......

i think this should work as an filter, to filter out "peaks"..........

if the price slowly goes up and than goes down, it shouldnt work.......

but in this case ....hmmmmm......... is difficult....maybe sell the coins (with loss) becouse maybe the coin is dieing or maybe it will take to much time, till the coin go up again and it is possible to make more profitable trades, that exceed the loss from the one trade !?
or hold the coin and sit it out (;

(this can be done with the box for % security margin !?)

maybe somebody have an idea, how to handle this (without loss and with profit), too (;

my opinion =
making gunbot more profitable is very good, but the bags are really a problem (for me)
a gunbot without "bags" is a moneyprinter (;
becouse gunbot often make much profit and than the market crashes a little and it have much "bags" for days or weeks and the balance goes down and gunbot only work a little......... thats really pity !