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Trading bot thread Anonymous Mon Mar 30 06:17:01 2020 No.18179561 [Reply] [Original]

Do any of you faggots run trading bots? this thread is for discussing trading bots and strategies

>>	Anonymous Mon Mar 30 06:18:24 2020 No.18179573 >>18179561 Does one need to learn Statistics?

>>	Anonymous Mon Mar 30 06:22:10 2020 No.18179608 >>18179573 No I don't think so. There's a bunch of strategy testing tools out there that do most of the work for you

>>	Anonymous Mon Mar 30 06:29:39 2020 No.18179684 >>18179561 Are there even bots that consistently outperform? I doubt it somehow.

>>	Anonymous Mon Mar 30 06:34:22 2020 No.18179720 >>18179561 Major brokerages run that market and have millions of dollars of equipment finding the newest patterns

>>	Anonymous Mon Mar 30 06:35:44 2020 No.18179730 >>18179684 only arbitrage bots I assume

>>	Anonymous Mon Mar 30 06:37:14 2020 No.18179744 >>18179720 still, that doesn't mean you can't make a profitable bot on your own

>>	Anonymous Mon Mar 30 06:41:19 2020 No.18179775 >>18179561 >>18179744 So have YOU made a profitable bot? I know that supertrend in your OP, I thought about running it on a bot too but that's as far as I got. Idk if I should implement my own bot or just use one from web.

>>	Anonymous Mon Mar 30 06:47:06 2020 No.18179818 >>18179775 The one in OP is mine and should be profitable, I haven't been running it long enough to be completely sure. I found this strategy on tradingview. It's definitely better that just holding

>>	Anonymous Mon Mar 30 06:52:54 2020 No.18179868 >>18179561 any sauce for old data? Not daily ones, better and bigger ones

>>	Anonymous Mon Mar 30 06:54:25 2020 No.18179885 i've been trying to get into trading bots/algorithms recently i have stats/math/programming knowledge but not much trading knowledge though

Anonymous Mon Mar 30 06:55:45 2020 No.18179898

>>18179818
From my experience everything that looked even remotely good got totally obliterated into negative long term when I accounted in exchange fees and possible slippage on market trades (stop losses). I never tried running an actual bot though, only did backtesting on tradingview with custom pine scripts.

So you're running the bot now? What bot do you use? What exchanges/pairs? Only link/btc? I wanted to target bitmex primarily for its liquidity so only tried xbt/usd but linkbtc might work nice.

Do you have any measure implemented against absolute disasters like what happened on link/usdt on binance recently?

>>18179868
google "blx api", brave new coin liquid index data goes as back as it gets for btc but idk about altcoins

>>	Anonymous Mon Mar 30 07:03:39 2020 No.18179982 >>18179561 is the line where you put your stop loss?

Anonymous Mon Mar 30 07:06:31 2020 No.18180005

>>18179898
>got totally obliterated into negative long term when I accounted in exchange fees
the less trades the better
>So you're running the bot now? What bot do you use? What exchanges/pairs? Only link/btc?
I made the bot, basically it works through tradingview email alerts. The alerts trigger orders on binance. check https://github.com/jsappme/tradingview-alert-binance-trader/blob/master/index.js.. you can use basically any tradingview strategy with alerts this way.
so far only link/btc on binance but i plan on adding more pairs
>Do you have any measure implemented against absolute disasters like what happened on link/usdt on binance recently?
I've thought about this since it happened and I've set it up in a way that alerts only get send once per bar close. not perfect but should help I think. This setup can only be profitable on longer time frames because of this

>>	Anonymous Mon Mar 30 07:09:10 2020 No.18180028 >>18179982 yes

Anonymous Mon Mar 30 07:17:16 2020 No.18180097

>>18179982
>>18180028
Watch out for that, technically the supertrend reverses only when price closes on the other side of the line, so it's not a standard stop loss order. This could not only increase your loses compared to your backtest but also severely decrease your wins.

>>18180005
>tradingview email alerts trigger orders on binance
Lmao thats really hacky and I wouldn't trust my money in that but good luck. Where do you run the node middleman for this, locally or somewhere in the cloud?

Why not use some tried and tested bot like gekko?

Anonymous Mon Mar 30 07:17:50 2020 No.18180101

Trading bots are hard. Many market makers make money, not sure how much though. Arb bots work well, but there are only so many opportunities, and there's more and more competition every day. I used to run an arb bot. The opportunity only lasted about 3 months though, made $7k on the best day I had.

"The man who solved the markets" is a good book about the Renassance tecnnology guys.
They've managed to make 40-100% gains every year with virtually no risk. They only win on 50.75% of trades as well. It's very hard finding beta.

There's only so much opportunity in the markets, and only so many signals. No free bots will come with good signals, and if you ever manage to find a good signal NEVER tell ANYONE about it, and trade it as much as you can, because the opportunity will be gone before you can blink.

Anonymous Mon Mar 30 07:24:26 2020 No.18180156

>>18180097
Its on a droplet on digitalocean.
yea its pretty janky but so far it's worked pretty good. I've used gekko but never had any success, mostly because the all the already made strategies are shit and it was really buggy. Also, weirdly I feel more secure with this janky ass setup that I ever felt with gekko

Anonymous Mon Mar 30 07:30:03 2020 No.18180201

>>18180101
fuggg, I've tried many different arb bots, triangular bots, parallel bots that buy and sell on different exchanges at the same time, all kind of shit, never made a single cent. I've been thinking about making a DEX arb bot with flash loans a lot lately but I'm still not a good enough coder for that shit.

Anonymous Mon Mar 30 07:36:59 2020 No.18180266

>>18180201
I just got lucky in the 2017 euphoria, I had accounts on all the good exchanges that had to close their doors to new users. This made people buy from other exchanges for a higher price. It would market buy on 1 exchange and sell on the other if the spread was big enough, otherwise it would put up limit orders if that spread was big enough.

The flash loans provide an interesting opportunity. But they also increase the spread required. You should have a look at making a keeper bot for the maker platform.

>>	Anonymous Mon Mar 30 07:40:42 2020 No.18180296 File: 591 KB, 905x917, 1585242262485.png [View same] [iqdb] [saucenao] [google] FUCK TRADING BOT THREADS THIS IS NOW A TRADING THOT THREAD BRRRAAAAP

>>	Anonymous Mon Mar 30 07:44:54 2020 No.18180326 >>18180266 Congrats man, I wish I was here during the euphoria. I've thought about keeper bots as well, will definitely look into in more. Thanks for the advice, much appreciated

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