"Massive" BTC Sell

[sylance]

So, I just setup my bot and got my pairs running.  I'm trying to inch my way into this so I thought I set the Max balance to trade at a relatively small amount.  I'm on Poloniex so I have the pairs setup as USDT/BTC; I believe in Poloniex we have to have the USDT part first.

So I set the Max balance to trade to $200 so I'd only trade roughly .05 BTC.  I drive into work today and when I get there I see .336 BTC sell order in my log; for $1,353!!  That's way over $200 so what did I do wrong?  I thought the Max balance was set to the primary, first, pair?  Am I not understanding this correctly?

**Oh I might add that it emptied my BTC account; so thankfully I didn't keep all my BTC in Poloniex!

[Leetmor1]

If your config looks like

"BTC_XRP": {
                   "strategy": "bb",
                "override": {}
            },
"strategies": {
      "bb": {
         "BTC_TRADING_LIMIT": 0.01,

It won't make trades over 0.01, unless you have an older coin and have double up enabled
Be sure that you edit the right trading limit thou, it's different for each strat.

[sylance]

Where I get confused... is the bot always calculating in BTC or is it the first of the pair?  On Poloniex, the pair has to be setup with USDT first, so I assumed I had to use USDT as the primary currency.  Was that wrong?  Even if BTC is the second of the pair is it still calculating BTC as the minimum currency?

[Leetmor1]

There you go, don't write posts when bearly awake, haha. Forgot / missed the usdt part :O.
Quote from our mod
"
When primary coin is not BTC, BTC_TRADING_LIMIT is the new primary coin, USDT in your case,

BR

Criptonauta
"
So as long as you have USDT_XRP, and the BTC_TRADING_LIMIT set correctly it should work as intended.
"BTC_TRADING_LIMIT": 41.48, would be 0.01 at the current exchange rate.
Note that I don't trade other currency pairs so this is only from what Iv'e read, no practical experience

[sylance]

I can't seem to get this figured out.  Again last night, GunBot emptied my BTC wallet with a .025 trading limit.  I woke up this morning with a sell order for .19 BTC sell.  I can't seem to get this one figured out.  Can someone go through my config and help me understand what I did wrong?  I'm a firm believer in the future of BTC so my goal is to slowly grow my overall balance; thus I changed the high BB to -10 in the hopes to slow down the sells.

var config = {
//  DEBUG
DEBUG_LOG:false,
I_REALLY_WANT_IT:false,
BUY_SMALL_PORTION:1,
INSUFFICIENT_FUNDS_ON_SELL_FIX: 0.0005,
INSUFFICIENT_FUNDS_ON_BUY_FIX: 0.0005,
//-----------------------------------------------
//   STARTUP OPTIONS
//-----------------------------------------------
SELL_ON_START:false,
CANCEL_SELL_ORDERS_ON_START:false,
CANCEL_BUY_ORDERS_ON_START:false,
CANCEL_OPEN_ORDERS_ON_START:false,
MAX_LATEST_PRICES:300,// limit of latest prices to analyze to determine if price is growing or falling
MAX_LATEST_DIRECTIONS:30,// limit of latest  price directions ,used in supergun detection
MAX_LATEST_PRICES_TREND:30,
MAX_LAST_ORDERS:5,  // keeping last orders bought
PERIOD: 15,   // candlestick period
SAVEFILE_SUFFIX: '-save.json',
//-----------------------------------------------
//  PRIMARY SETTINGS
DEFAULT_MARKET_NAME:'poloniex',
DEFAULT_CURRENCY_PAIR:'USDT_BTC',   //  single pair format for all markets !
BUYLVL1: 2,
BUYLVL2: 5,
BUYLVL3: 40,
SELLLVL1: 2,
SELLLVL2: 5,
SELLLVL3: 70,
BUY_STRATEGY: 'BB', // accepted values BB or STEPGAIN or GAIN or PINGPONG
SELL_STRATEGY: 'BB', // accepted values BB or STEPGAIN or GAIN or PINGPONG
LOW_BB: 40,
HIGH_BB: -10,
PINGPONG_BUY: 0.12345678,
PINGPONG_SELL: 0.12345678,
BUY_LEVEL: 3, // If GAIN buy strategy is used, buy at this percentual below lower ema value
GAIN: 2.25, // If GAIN sell strategy is used, sell at this percentual above bought price
BTC_TRADING_LIMIT: .025,// max amount of BTC balance to use for each pair
SECURITY_MARGIN: 60, // sell all balance if currency decreases x% after you bought it
MIN_VOLUME_TO_BUY: 0.0005,  // bitrex min volume
//---BITTREX
BITTREX_KEY:'',
BITTREX_SECRET:'',
BITTREX_PRICE_METHOD:'ohlc',// ohlc OR vwa  price to buy definition method
BITTREX_VWA_1_INTERVAL: .02,// weighted average interval in minutes
BITTREX_VWA_2_INTERVAL: .04,// weighted average interval in minutes
//---KRAKEN
KRAKEN_ASSET_PAIR:'XETHXXBT',
KRAKEN_KEY: '',
KRAKEN_SECRET: '',
KRAKEN_PRICE_METHOD:'ohlc',// ohlc OR vwa  price to buy definition method
KRAKEN_VWA_1_INTERVAL: .02,// weighted average interval in minutes
KRAKEN_VWA_2_INTERVAL: .04,// weighted average interval in minutes
//---POLONIEX
POLONIEX_KEY: '',
POLONIEX_SECRET: '',
POLONIEX_PRICE_METHOD:'vwa',// ohlc OR vwa price to buy definition method
POLONIEX_VWA_1_INTERVAL: .02,// weighted average interval in hours
POLONIEX_VWA_2_INTERVAL: .04,// weighted average interval in hours
//-----------------------------------------------
//   BOT TIMINGS
//-----------------------------------------------
API_CALLS_DELAY:777,
BOT_SLEEP_DELAY:(1000)*60,// bot cycle delay (koef*sec)
BOT_MAX_LIFETIME:999999999,// overall bot lifetime(koef*min),
BOT_ON_FAIL_DELAY:(1000)*30, // bot repeat cycle delay if previous cycle failed  (koef*sec) //;
//-----------------------------------------------
// EMAIL
//-----------------------------------------------
ALERT_ON_NO_FUNDS:false,  // email on insufficcient funds
SMTP_EMAIL: '%40@gmail.com',
ALERT_EMAIL:'********',
SMTP_PASSWORD: '**********',
SMTP: true,
SMTP_PROTOCOL: 'SMTPS',
SMTP_HOST: 'smtp.gmail.com',
//-----------------------------------------------
//  OUTPUT
//-----------------------------------------------
MAX_LATEST_PRICES_SHOWN: 0, // limit of latest prices to show in console.log
SHOW_LASTEST_DIRECTIONS:false,  // show chart in console
MAX_LATEST_DIRECTIONS_SHOWN:0, // chart height
LASTEST_DIRECTIONS_LIST_WIDTH:0, // chart width
//-----------------------------------------------
//   OTHER (might be deprecated/not in use )
//-----------------------------------------------
BTC_BALANCE: 2// btc balance for test purposes,
};
module.exports = config;