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/biz/ - Business & Finance

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2873943 No.2873943 [Reply] [Original]

I made an altcoin trading bot from scratch. Just needs buy conditions and a withdrawal address. It auto sells for .01% profit. Right now its making 1% an hour off ANS.


Give me a set of buy conditions and a withdrawal address. If you beat my formula ill give you the first 72 hours of profits. I'll let you know what % you make if you don't beat me.

>> No.2873972

>>2873943
.01% profit. Enjoy your 0.25% x 2 per trade, idiot

>> No.2873994

0.01% profit will not cover fees

>> No.2874000

fucking idiot

>> No.2874005

>>2873943
>0.01% profit
So...less than the fucking spread on almost every exchange, fees included?

Lol. If that's the case just keep buying and selling the spread, over and over again.

>> No.2874016

>>2873994
I know OP is retarded but he's obviously account for fees when he says 0.01% profit. Cause that's what profit fucking means

>> No.2874017

>>2873972
>>2873994
>>2874000
Do you retards not realize that .01% profit means after fees?

>> No.2874026

Someone I doubt that a person asking /biz/ for technical analysis advice wrote a bot that generates any profit at all.

>> No.2874027

>>2874017
if you wanted these autists to have reading comprehension skills you should've gone to /lit/

>> No.2874035

>>2873943
lets do this bro.
Did you connect the bot to an exchange? API?

>> No.2874044

>>2874026
I wrote arbitrage bot that generated a modest 20 BTC of profit this year.
You're right, I didn't ask /biz/ for advice, and when I mentioned it once, I was ridiculed and nobody believed me, LOL, or, alternatively, "gibsmedat source".

>> No.2874124

>>2874044
What did you build it in?

>> No.2874142

>>2874124
Python 3

>> No.2874168

>>2874027
>/lit/ has reading comprehension skills
lol

>> No.2874174

>>2874044
>>2874142
Which resources did you use to do this?

>> No.2874175

wow good job nice

you did really good

i hope you make a lot of money

>> No.2874212

>>2873943
Which exchange?

>> No.2874256

>>2874174
CompSci degree

>> No.2874276

>>2874256
Wanna drop that algo? Im trying in PHP.

>> No.2874294

>>2874256
You still would have probably used some kind of site that explains how to go about the whole problem specifically. Or did you do absolutely everything yourself, taking a look at one website and then wrote the whole script?

>> No.2874355

>>2873943
1% per hour is extremely unlikely, it would mean that you'll have more money in 4 months than there is in the world...

>> No.2874362

>>2874355
Starting with 1$

>> No.2874368

>>2874294
>did you do absolutely everything yourself
Yes.

>> No.2874386

>>2874355
You're retarded. 1% per hour means he's getting 2714x return in 4 months.

>> No.2874406

>>2874386
Depends on the compound interval

>> No.2874415

>>2874386
that's pretty substandard returns for a /biz/elite trader

>> No.2874438

How do you deal with API rate limits?
I haven't upped my bots to 11 because or fear of being ip banned by trex, since those niggers don't disclose their rate limits

>> No.2874595

bump

>> No.2874603

>>2874035
Yes it's hooked up to. Bittrex.

>> No.2874634

OP here, ip switched. To answer some of the questions in this thread:

.01% is after exchange fees hence profit
1% an hour in the current market
I'm using bittrex
It's not compounding more than daily. I restart the bot with the same initial principle each day so if the market crashes it doesn't fuck me.

>> No.2874638

>>2873943
github your algo

>> No.2874644

>>2874638
Buy high sell low

>> No.2874663

>>2874438
The only guidelines Bittrex has published are regarding orders - you can have a maximum of 500 open orders and place 200,000 per day. Given that the site isn't run by chinks or Russians I don't think they'd ban you for violating unwritten rules, just make sure your bot doesn't resemble a ddos attack.

>> No.2874682

Nice, bought 100k!

>> No.2874685

>>2873943

I wrote a bot for betfair a few years back. Then I moved to Germany where exchange betting is illegal and that was the end of that.

>>2874294

It's not so tricky. Get the API docs and then write some conditionals. If you prefer, search open source trading bot and then port the code to whatever language/platform you need.

>> No.2874739

>>2874044
Good job. You'll back up my assertion that no one would sell a working bot, right?

>> No.2874743

Have algo buy when Stock Rsi crosses and Macd bottoms out at the same time on 1 and 3 min interval. You can back test it and the backtest should show around 70% to 80% w/l if you optimize correctly.

You sell before stock rsi crosses over on upper bound on 3 min chart and if greedy on 5min chart.

>> No.2874749

>>2874739
Definitely

>> No.2874819

If the best fit line of the past 5 hours for any given coin is both positive and fits exponential better than linear, buy. Sell if it goes down more than 3% at any point you own it.

I only have a SIGT address BCGQdixCQLSDKR3dxBfFAhjrC5dsreiWh1

>> No.2875015

>>2874743
>>2874819
These don't execute trades. Need less strict algo

>> No.2875088

>>2874044
what investment did you do?
20 BTC is a pretty nice profit if you count it to a regular job income

you guess you can find some good bots online without writing them yourself (computing noob here)

>> No.2875136

>>2874386
4 (months) x 30 (days) x 24 (hours) = 2880
1.01 ^ 2880 = 2789693522395 = 2.7 quadrillion with 1$ starting budget

>> No.2875179

>if apiPriceRequest(cointoprofitfrom) >= (1.0026 * originalprice) { apiSellCoin(cointoprofitfrom, amount)}

am i doing it right?

>> No.2875208

>1% an hour

B U L L S H I T

>> No.2875231

>>2875208
.01%, one hundredeth.

>> No.2875261

>>2874044
gibs

>> No.2875267

>>2875088
You're too dumb for this, I'll sell you a working bot for 0.1 btc - it generates 0.1% per trade.

>> No.2875288

>>2875136
this fucking lul

>>2875179
what if it drops tard?

I thought about writing a bot and then came to the conclusion unless you are training some very complex neural network there is no point. (Except for arbitrage bots)

If you can't predict the market neither can the bot.

As for the neural network thing, NMR, numer.ai is already trying to do this.

Get it yet retards?

>> No.2875299

>>2875015
In what way does >>2874819 not execute trades?

To relax the criteria, you just do derivatives on the best fit linear line and choose any above a certain threshold.

>> No.2875325

>>2874355
Just because he earns this now doesn't mean its going to scale to a bigger portfolio retard. Its completely reasonable for a small portfolio

>> No.2875464 [DELETED] 

>>2875299
How much should I relax it by? I also have criteria set up to prevent buying bearish coins
>>2875288
Autism. The point of a bot isn't to predict the market. It's to make hundreds of trades per minute in order to scrape profits with a few Satoshi margin.

>> No.2875493

>>2874044
Arbirtrage how? Between exchanges?

>> No.2875495

>>2875464
Relaxing it to anything above a derivative of 2 should be fine.

>> No.2875508

>>2875325
I also have it set to avoid markets where it detects bearish activity. Maybe that's why?

>> No.2875524

>>2875136
>he doesn't have 2.7 quadrillion dollars
Poorfag

>> No.2875523

>>2875508
Hey Botbro,
CS student here. What finance/investment
readings did you do or would recommend to
start building out a bot? I know how to play
with the bittrex API and stuff but no idea on the financial side.

>> No.2875540

>>2875508
Exactly what is your definition of bearish activity?

>> No.2875556

>>2874739
>>2875267
so you aren't selling a working bot?

>> No.2875574

>>2875540
Certain change in order books and the moving average being in a certain range. Won't reveal my formula sry.
>>2875523
Switch to computer engineering. Way more opportunities. Also just start day trading on your own with less than 50 bucks. As long as you're not gambling you'll learn a thing or two.

>> No.2875627

>>2875574
What's your date range on the average? How often do you recalc?

>> No.2875630

>>2875574
Recent grad here, all I took was a C++ class. I know the basics of python, what are the best resources for learning about making bots? Also how do you test out your algorithm?

>> No.2875649

>>2875630
Download past candles data from exchange and run it vs it.

>> No.2875684

>>2875630
Probably the API pages for the different exchanges.

Stock Market Bot tutorials are probably a nice idea as well.

>> No.2875715
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2875715

>>2873943

Impressive. I'm interested in how you made it. I want to get into this sort of thing. What languages did you use? What's your background or things that you learned that helped?

Do you have an email/discord? Please do tell.

>> No.2875748

>>2873943
I'm currently building one myself, got it working with Gemini API and trading ETH.

I'd like to hire you as a mentor, dead serious.

Reply if you're willing, I'll pay you in BTC, ETH, whatever.

>> No.2875784

what TA strats are the most profficient
ive found out that people tend to succeed with RSI

>> No.2875910

>>2875715
My bad, didn't see your answers in the thread.

>> No.2876178

>>2875556
Why on Earth would anyone sell a money printing machine?

>> No.2876234

>>2876178
We go way back mate. Don't you remember me old pal? How much for your bot my good friend?

>> No.2876380

>>2876178
Friendo?

>> No.2877324
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2877324

>>2875556
I'll sell you a bot for 0.1 btc.

>> No.2877330

>>2876178
people are dumb enough to believe they exist

>> No.2877375

>>2873943
What a fucking moron