New User - configuration and results so far

[Caveman]

I bought GunBot a few days ago and spent the first few days playing around with different configurations/trading protocols, etc.
Yesterday I switched to purely BB trading & it's making a profit so far.

Here are some examples:







Attached is the config I'm currently using.  I'm running it on an old Win 7 machine with a Core 2 Duo.  It seems to be running well overall. 

[dobcrypto]

Cool. Glad for u.
Thx for config.

[Caveman]

I'm hoping Gunthar or one of the other technically in the know people here can explain specifically how the EMA settings in the purely BB trading strategy impact the bot's calculations of buy/sell.  It will buy even if there aren't any EMA parameters defined in the strategy but will not sell without something there.

I'm wanting to make some changes once I know exactly how it looks to and uses that information and in what priority order.

Example: BB selling will only allow you to sell in the upper BB band you define, but only if you reach your minimum Gain as defined. 

Now I just need to know exactly how the EMA band specifications impact the bot's decision making on buying/selling and averaging.

Thanks!

[xgast]

Referring to Gunthar suggestion in Bitcointalk, it's seem that your EMA setting inverse to Gunthar suggestion. He said that...

" EMA1 and EMA2 are kinda of a weighted average of price and quantity. Literally, it is Exponential Moving Average. The number 1 and the number 2 on the side of EMA, indicate 2 different periods of calculations. Usually, EMA1 is calculated on longer periods and EMA2 on shorter periods. It indicates the average moving (up or down) of the latest prices calculated in the defined time. I suggest you set EMA1 to 2 hours and EMA2 to 4 hours if you want recurring trades in one hour or higher (4 to 8 hours or 6 to 12 hours) if you are fine with fewer trades per hour/day. "

[Dnkydck]

I have my settings as follows:

Max Latest prices for BB calculation: 100
EMA1: 0.02
EMA2: 0.04
Candlestick period:15

Is this correct settings for 2/4 h EMA, confused as to why we got 0s in front?

[Caveman]

UPDATE: I edited the config again and have been running the bot continuously for the last 5 days.. even through the dip we experienced.  My logic is since it's trading purely on the BTC/xxx ratio, the daily crypto pricing is irrelevant.  I'm looking to increase my BTC holdings overall so when the market hits a high that I feel is worth cashing out, I will.

I started with 0.05 BTC and added another 0.005 BTC during the dip so the bot will continue to trade while holding a few bags.
I now have 0.0579 BTC, so the bot is making a profit throughout the ups and downs.  Obviously this isn't anything to write home about, but it's working so I'll stick with it for a while and tweak as I come up with different ideas.

Attached is my latest config:

[Caveman]

I made one change to that latest config: changed Low BB to 30.  Everything else stayed the same.

As of yesterday's post I was at 0.0579 BTC.  I'm now at 0.0584 BTC.  The bot made some great trades overnight.  FYI- I'm in Las Vegas which is PDT.

Very happy so far.  Almost ready to add more BTC to start ramping up trading volume.

[wiseold]

Hi Caveman - are you on 4.0.5?

[Caveman]

Yes

Hi Caveman - are you on 4.0.5?

[emre81tr]

hi Caveman how is goin bb i am in settings stebgain on v405 but so many bags
can u give your settings please if its still profit for u?

[Caveman]

The last couple of days have been rough with the drops, but BB is still working for me.  I have a few bags I'm holding on to for now because I feel they will head back up.. don't want to prematurely absorb a loss.  I still monitor the trading a little bit every day just to see how the bot is working with my preferences.  My overall settings are still the same, just removed a couple of coins from the trade list because I don't like the way they're behaving.

I haven't studied the stepgain settings but I'm thinking you will have to watch more closely in a declining market or just hold on and bear the dip until it heads back up.
I still prefer BB.

hi Caveman how is goin bb i am in settings stebgain on v405 but so many bags
can u give your settings please if its still profit for u?

[emre81tr]

thankx man ill try some pairs with ur setting and give u feedback

[Caveman]

I removed EMC2 and BCN, added NAV.   

thankx man ill try some pairs with ur setting and give u feedback

[olli84]

Hey Caveman,

really good work, thanks alot.

I would be happy if you post your pair-updates everytime. 

[huibstar]

i think you just have to pick the most volatile pairs, the most volume.
check Coinmarketcap and sellect there those who are above 1 million trading volume.
imho

or check this
https://steemit.com/trending/coinlist

[olli84]

Thanks alot - what do you use? The last 7 days for trading volume on coinmarketcap?

[sikeoboy]

Thanks Caveman!

It would be awesome if you could keep us up to date with what is working for you.

I'm a total n00b who only started 3 days ago... using v5.0.1 as of today!

[GuyTheGuy]

Thanks Caveman!

It would be awesome if you could keep us up to date with what is working for you.

I'm a total n00b who only started 3 days ago... using v5.0.1 as of today!

I'd advise not using 5.0.1
It has issues with selling. Good luck

[Caveman]

I like to look at the 1 month coin history of ups and downs to give me an idea as to overall volatility. 
See these photos:

EMC2 was removed from my list because over the course of 1 month, it continues a decline... too many large dips to be able to recover from in a short time frame, leaving me too exposed to loss.




STEEM stayed on my list because there is quite a bit of daily up and down movement in pricing which works well with the bot buying/selling for a profit.

i think you just have to pick the most volatile pairs, the most volume.
check Coinmarketcap and sellect there those who are above 1 million trading volume.
imho

or check this
https://steemit.com/trending/coinlist

[Botticelli Angel]

Fantastic info Caveman, please continue updating us with your experiences!