The Litepresence Report on Cryptocurrency

[amonasro]

I've read and re-read this post. Sorry, I still don't understand what you're saying. Backtest into the future? Position yourself based on a backtest? Like, chart overlapping to assume where we are at?

lol @ Backtest to the Future. Great Scott! Can the bot do 88 mph?

I think what he means is that he sets the date 30 days into the future. It obviously doesn't give data from the future, but it allows the bot to decide whether to hold coin or fiat.

So essentially the bots shouldn't be used to trade live until they have been running for 5 days with the funds locked...?

Personal preference. I believe what he was saying before is that you can't load past data into the bot. So the bot can only trade what it knows. Obviously the more data it has, the better price it will buy/sell at within a few percentage points. I don't know enough about bot programming to know if there's a function that helps the bot "learn" by remembering past trades though. You can see that with zeMan's results it sold him out @ 10.64 and 10.61. My bot's same trade was 10.57 and 10.53. Theoretically had the bot been trading a bit longer, it might have grabbed a better price. The margin of error closes within a few days to an insignificant number, so it will be interesting to see how close our results all are. Of course all of our trades will be dictated by depth, tick offset and timing rather than what the bots wants to sell at.

Unless the bot becomes self-aware. Then we have bigger problems.

Is it okay to trade manually other markets while this is running? Did buying BTC while icy spank was focused on LTC live screw with anything?

This is a good question. I was wondering this last night but ultimately left the bot on to be sure. I was also wondering whether sending assets to/from the BTCe account would confuse the bot's trading logic.

 

[presence]

I've read and re-read this post. Sorry, I still don't understand what you're saying. Backtest into the future? Position yourself based on a backtest? Like, chart overlapping to assume where we are at?

I set the end date of the backtest in the future so I can re use the same link to test again tomorrow.... its "kind of" like a live simulation... but backtesting is more accurate because it has 60 days of old data. Whereas if I start a sim today its no more accurate than starting a live trader today.

So essentially the bots shouldn't be used to trade live until they have been running for 5 days with the funds locked...?

short and skinny... yes... any script at crypto trader that relies upon more than 250 ticks of data will not start out 100% accurately. This script does include a 720 EMA. Its difficult to say "when" it will be 99.99 accurate because it depends on volatility of the market. Its a degree of sigma situation... where at first its about 70% accurate... then 95% accurate within a day then over time gets closer and closer to 99.999 etc. In the first day or two bad things can happen... for example... zeMan started his bot on the 18th but the bot would have already sold on the 11th. Well the criteria under which it sold on those two days was different... so by initilizing on the 18th zeMan inadvertantly set off a timer that forced "no new trades for 48 hours". The timer would not have been triggered if the bot was live on the tenth and sold on the 11th like it wanted to do.

So moral of story...

Always initialize your bots on a small amount of funds. Weird things can happen that are hard to predict when they start up. Watch your most recent backtests... after the first few trades that the bot makes live are matching up with the latest trades of the backtest... then you should be safe to put your bank on it.

Is it okay to trade manually other markets while this is running? Did buying BTC while icy spank was focused on LTC live screw with anything?

The bot has no idea what you are doing in other markets or when you give it coins or take them away. This makes no effect on its method or logic. If anything it will only disturb your log report ROI calculations which are for your viewing purposes only and not involved in calculation.

Are you pointing icy at BTC, NMC, PPC?

I'm balls deep in small cap alt coins. I'm in the red atm and HODL'ing.

 

[presence]

I'm on an Acer laptop, too. It's the first computer I've ever had and still doing just fine. It's probably not adequate for what you do, but it's a pretty reliable machine.

From my research and experience... if its over 6 years old... spend $139 and get yourself a new samsung SSD 250 gig hard drive. Drives break down over time... and you don't want to be stuck with all your hard work and family pictures on a smoked drive like me. While you're in there here are some other things to consider:

Acer 4315 Laptop:
STOCK:
P Socket 1.8 GHz Core 2 Duo
100MB SATA
1G DDR3 PC3-5800 (2x512)


UPGRADE OPTIONS:
Intel Core 2 Duo 2.66GHz $21.00
4GB DDR3-1066 (PC3-8500) RAM Memory Upgrade $40
Samsung SSD $139



CPU FAN $10
Battery $12.69
Silicone Waterproof Keyboard Protector $8.79
LB1 High Performance Acer Aspire 4315 Super Cooling Fan $24.95


^^^ all at amazon.com

The SSD will probably outlive your laptop and could be salvaged for another build in the future. The chip and ram are so cheap you can't help do it while you're in there. New CPU fan = good idea.

 

[presence]

Pres, I have you covered. PM sent.

I'll probably take you up on that...That BEAST noctua cooler is what I'm most interest in... I want to do some research about fitment in my preferred silverstone microATX case and relative to the DDR3 height.

 

[presence]

So I released a new script last night in the wee dark hours...

Its incomplete and open source community development preferred:

120 trit Genetic Quad Harmonic SAR

https://cryptotrader.org/backtests/Jm3y6v7LnFFsZYxdu

https://cryptotrader.org/topics/466017/litepresence-120-trit-genetic-4-harmonic-sar

120 trit Genetic 4 Harmonic SARAll possible permutations of 5 character string A,B,C,D,and E = 120 permuations.
ABCD are discrete SAR harmonics
E is EMA(2) ; short
trit = [-1,0,1] (usually 0,1,2 in a ternary system... but I used -1,0,1 so buy sell hold was easier to conceptualize)
-1 = sell ; 0 = hold ; 1 = buy

ACTION = null
ACTION = 'BUY' if (( A > B > C > D > E) and context.z1 == 1)
ACTION = 'BUY' if (( A > B > C > E > D) and context.z2 == 1)
ACTION = 'BUY' if (( A > B > D > C > E) and context.z3 == 1)
ACTION = 'BUY' if (( A > B > D > E > C) and context.z4 == 1)
ACTION = 'BUY' if (( A > B > E > C > D) and context.z5 == 1)
ACTION = 'BUY' if (( A > B > E > D > C) and context.z6 == 1)
ACTION = 'BUY' if (( A > C > B > E > D) and context.z7 == 1)
ACTION = 'BUY' if (( A > C > B > D > E) and context.z8 == 1)
ACTION = 'BUY' if (( A > C > D > E > B) and context.z9 == 1)
ACTION = 'BUY' if (( A > C > D > B > E) and context.z10 == 1)
etc...

This is a work in progress... its SAR plotted at 4 frequencies with buy/sell/hold logic controlled by a 120 digit ternary numeral system. Have a peak:
seeded alpha/beta open source: https://cryptotrader.org/backtests/Jm3y6v7LnFFsZYxdu
Goals for this project:
Generate random number 1 to 120 to pick which chromosome ( context.z1 through context.z120) to mutate:
Math.round(119.999999*Math.random() + 0.5)
Generate random number -1, 0 or 1
Math.round(2.999999*Math.random() - 1.5)
If I'm holding while EMA (2) DROPS... then mutate one buy to a random trit
else
If I'm not holding while EMA (2) RISES... then mutate a sell to a random trit
else
Make one other random mutation to one of the 120 trit chromosomes.
If SAR A B C and D are all above Price then increase acceleration for one of them and max for another
If SAR A B C and D are all below price then decrease acceleration for one of them and max for another
Pick one of the 4 SARs to adjust acceleration and another of the 4 to adjust max
Mutate - guassian
Backtest current allele to as deep as you can see.
Backtest new allele as deep as you can see.
if new allele backtest is greater than old allele 120 trit settings, then upgrade. Else hold.
if memory allows create and test several new alleles at each tick, pick the fittest; else hold.
Store ROI Store 120t allele
Next Tick...
============================
Run backtest, generate final 120t string... input as initial string
Run backtest, generate final 120t string... input as initial string
rinse... repeat until relatively "stable" on all backtest data
then launch live... and it keeps growing
at least that's the theory
wanna help? I'm currently hung up on how best to store data without reaching limits and how to backtest the new allele from within the current tick... you need to store and retrieve high, low, and ideally close to make this script work.
You also need a small array to store the proposed changes (rather than a complete copy of a the new allele.) until you can compare ROI of the two backtests. Calculating the backtest ROI of the active bot would be simple as you can just keep a ticker counting 250 ticks back and storing how much funds you had... then calculate ROI off of that number and your current holdings.
Calculating ROI for the new allele is a bit more complex and will require essentially mimicking a backtest from within a live trader. I think this means I'll need to create arrays of serialized context data for each of the 4 new SAR values... then impart the buy sell logic on those new values.
I think we're due for a community open source project again. Wrapping our collective minds around fitness landscapes sounds like a good place to start.
any takers?
thoughts?

 

[amonasro]

Always initialize your bots on a small amount of funds. Weird things can happen that are hard to predict when they start up. Watch your most recent backtests... after the first few trades that the bot makes live are matching up with the latest trades of the backtest... then you should be safe to put your bank on it.

Thanks, didn't realize this.

I started mine on the 16th... I guess I should just leave mine running at this point?

Here's the story so far:

2014-05-16 17:47 Trader initialized successfully. Starting balance: 621.4 LTC 0 USD
2014-05-16 19:00 Trades: 0 Day: 0.00 Freq: -- Price: 10.30
2014-05-16 19:00 6403 Currency: $0/6403 0% ROI
2014-05-16 19:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-16 19:00 NO ACTION TAKEN
2014-05-16 21:00 NO ACTION TAKEN
2014-05-16 23:00 NO ACTION TAKEN
2014-05-17 01:00 Trades: 0 Day: 0.25 Freq: -- Price: 10.26
2014-05-17 01:00 6403 Currency: $0/6373 -0% ROI
2014-05-17 01:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-17 01:00 NO ACTION TAKEN
2014-05-17 03:00 NO ACTION TAKEN
2014-05-17 05:00 NO ACTION TAKEN
2014-05-17 07:00 Trades: 0 Day: 0.50 Freq: -- Price: 10.31
2014-05-17 07:00 6403 Currency: $0/6408 0% ROI
2014-05-17 07:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-17 07:00 NO ACTION TAKEN
2014-05-17 09:00 NO ACTION TAKEN
2014-05-17 11:02 NO ACTION TAKEN
2014-05-17 13:00 Trades: 0 Day: 0.75 Freq: -- Price: 10.30
2014-05-17 13:00 6403 Currency: $0/6399 -0% ROI
2014-05-17 13:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-17 13:00 NO ACTION TAKEN
2014-05-17 15:00 NO ACTION TAKEN
2014-05-17 17:00 NO ACTION TAKEN
2014-05-17 19:00 Trades: 0 Day: 1.00 Freq: -- Price: 10.25
2014-05-17 19:00 6403 Currency: $0/6371 -0% ROI
2014-05-17 19:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-17 19:00 NO ACTION TAKEN
2014-05-17 21:00 NO ACTION TAKEN
2014-05-17 23:00 NO ACTION TAKEN
2014-05-18 01:00 Trades: 0 Day: 1.25 Freq: -- Price: 10.31
2014-05-18 01:00 6403 Currency: $0/6406 0% ROI
2014-05-18 01:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-18 01:00 NO ACTION TAKEN
2014-05-18 03:00 NO ACTION TAKEN
2014-05-18 05:00 NO ACTION TAKEN
2014-05-18 07:00 Trades: 0 Day: 1.50 Freq: -- Price: 10.33
2014-05-18 07:00 6403 Currency: $0/6417 0% ROI
2014-05-18 07:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-18 07:00 NO ACTION TAKEN
2014-05-18 09:00 NO ACTION TAKEN
2014-05-18 11:00 NO ACTION TAKEN
2014-05-18 13:00 Trades: 0 Day: 1.75 Freq: -- Price: 10.30
2014-05-18 13:00 6403 Currency: $0/6398 -0% ROI
2014-05-18 13:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-18 13:00 NO ACTION TAKEN
2014-05-18 15:00 NO ACTION TAKEN
2014-05-18 17:00 NO ACTION TAKEN
2014-05-18 19:00 Trades: 0 Day: 2.00 Freq: -- Price: 10.32
2014-05-18 19:00 6403 Currency: $0/6415 0% ROI
2014-05-18 19:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-18 19:00 NO ACTION TAKEN
2014-05-18 21:00 NO ACTION TAKEN
2014-05-18 23:00 NO ACTION TAKEN
2014-05-19 01:00 Trades: 0 Day: 2.25 Freq: -- Price: 10.33
2014-05-19 01:00 6403 Currency: $0/6422 0% ROI
2014-05-19 01:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-19 01:00 NO ACTION TAKEN
2014-05-19 03:00 NO ACTION TAKEN
2014-05-19 05:00 NO ACTION TAKEN
2014-05-19 07:00 Trades: 0 Day: 2.50 Freq: -- Price: 10.24
2014-05-19 07:00 6403 Currency: $0/6361 -1% ROI
2014-05-19 07:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-19 07:00 NO ACTION TAKEN
2014-05-19 09:00 NO ACTION TAKEN
2014-05-19 11:00 NO ACTION TAKEN
2014-05-19 13:00 Trades: 0 Day: 2.75 Freq: -- Price: 10.25
2014-05-19 13:00 6403 Currency: $0/6369 -1% ROI
2014-05-19 13:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-19 13:00 NO ACTION TAKEN
2014-05-19 15:00 NO ACTION TAKEN
2014-05-19 17:00 NO ACTION TAKEN
2014-05-19 19:00 Trades: 0 Day: 3.00 Freq: -- Price: 10.22
2014-05-19 19:00 6403 Currency: $0/6349 -1% ROI
2014-05-19 19:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-19 19:00 NO ACTION TAKEN
2014-05-19 21:00 NO ACTION TAKEN
2014-05-19 23:00 NO ACTION TAKEN
2014-05-20 01:00 Trades: 0 Day: 3.25 Freq: -- Price: 10.32
2014-05-20 01:00 6403 Currency: $0/6415 0% ROI
2014-05-20 01:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-20 01:00 NO ACTION TAKEN
2014-05-20 03:00 NO ACTION TAKEN
2014-05-20 05:00 NO ACTION TAKEN
2014-05-20 07:00 Trades: 0 Day: 3.50 Freq: -- Price: 10.31
2014-05-20 07:00 6403 Currency: $0/6405 0% ROI
2014-05-20 07:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-20 07:00 NO ACTION TAKEN
2014-05-20 09:00 NO ACTION TAKEN
2014-05-20 13:00 Trades: 0 Day: 3.75 Freq: -- Price: 10.54
2014-05-20 13:00 6403 Currency: $0/6552 2% ROI
2014-05-20 13:00 621 Assets: 621/621 0% ROI 100% Held
2014-05-20 13:00 SELL 5 - Trade Number: 1
2014-05-20 13:00 Attempting to SELL
2014-05-20 13:00 SELL order #240673778 amount: 621.4 LTC at 10.57
2014-05-20 13:00 Order #240673778 canceled as it was inactive for 30 seconds.
2014-05-20 13:00 Creating new order..
2014-05-20 13:00 SELL order #240674288 amount: 449.97 LTC at 10.53
2014-05-20 13:01 SELL order #240674288 traded. Balance: 0 LTC 6537.44 USD
2014-05-20 15:00 wait for it... 25
2014-05-20 15:00 NO ACTION TAKEN
2014-05-20 17:00 wait for it... 24
2014-05-20 17:00 NO ACTION TAKEN
2014-05-20 19:00 Trades: 1 Day: 4.00 Freq: 4.0 Price: 10.52
2014-05-20 19:00 6403 Currency: $6537/6537 2% ROI
2014-05-20 19:00 621 Assets: 0/622 0% ROI 0% Held
2014-05-20 19:00 wait for it... 23
2014-05-20 19:00 NO ACTION TAKEN
2014-05-20 21:00 wait for it... 22
2014-05-20 21:00 NO ACTION TAKEN
2014-05-20 23:00 wait for it... 21
2014-05-20 23:00 NO ACTION TAKEN
2014-05-21 01:00 Trades: 1 Day: 4.25 Freq: 4.3 Price: 10.59
2014-05-21 01:00 6403 Currency: $6537/6537 2% ROI
2014-05-21 01:00 621 Assets: 0/617 -1% ROI 0% Held
2014-05-21 01:00 wait for it... 20
2014-05-21 01:00 NO ACTION TAKEN
2014-05-21 03:00 wait for it... 19
2014-05-21 03:00 NO ACTION TAKEN
2014-05-21 05:00 wait for it... 18
2014-05-21 05:00 NO ACTION TAKEN
2014-05-21 07:00 Trades: 1 Day: 4.50 Freq: 4.5 Price: 10.57
2014-05-21 07:00 6403 Currency: $6537/6537 2% ROI
2014-05-21 07:00 621 Assets: 0/618 -0% ROI 0% Held
2014-05-21 07:00 wait for it... 17
2014-05-21 07:00 NO ACTION TAKEN
2014-05-21 09:00 wait for it... 16
2014-05-21 09:00 NO ACTION TAKEN
2014-05-21 11:00 wait for it... 15
2014-05-21 11:00 NO ACTION TAKEN
2014-05-21 13:00 Trades: 1 Day: 4.75 Freq: 4.8 Price: 10.41
2014-05-21 13:00 6403 Currency: $6537/6537 2% ROI
2014-05-21 13:00 621 Assets: 0/628 1% ROI 0% Held
2014-05-21 13:00 wait for it... 14
2014-05-21 13:00 NO ACTION TAKEN
2014-05-21 15:00 wait for it... 13
2014-05-21 15:00 NO ACTION TAKEN
2014-05-21 17:00 wait for it... 12
2014-05-21 17:00 NO ACTION TAKEN
2014-05-21 19:00 Trades: 1 Day: 5.00 Freq: 5.0 Price: 10.48
2014-05-21 19:00 6403 Currency: $6537/6537 2% ROI
2014-05-21 19:00 621 Assets: 0/624 0% ROI 0% Held
2014-05-21 19:00 wait for it... 11
2014-05-21 19:00 NO ACTION TAKEN
2014-05-21 21:00 wait for it... 10
2014-05-21 21:00 NO ACTION TAKEN
2014-05-21 23:00 wait for it... 9
2014-05-21 23:00 NO ACTION TAKEN
2014-05-22 01:00 Trades: 1 Day: 5.25 Freq: 5.3 Price: 10.40
2014-05-22 01:00 6403 Currency: $6537/6537 2% ROI
2014-05-22 01:00 621 Assets: 0/629 1% ROI 0% Held
2014-05-22 01:00 wait for it... 8
2014-05-22 01:00 NO ACTION TAKEN
2014-05-22 03:00 wait for it... 7
2014-05-22 03:00 NO ACTION TAKEN
2014-05-22 05:00 wait for it... 6
2014-05-22 05:00 NO ACTION TAKEN
2014-05-22 07:00 Trades: 1 Day: 5.50 Freq: 5.5 Price: 10.57
2014-05-22 07:00 6403 Currency: $6537/6537 2% ROI
2014-05-22 07:00 621 Assets: 0/619 -0% ROI 0% Held
2014-05-22 07:00 wait for it... 5
2014-05-22 07:00 NO ACTION TAKEN
2014-05-22 09:00 wait for it... 4
2014-05-22 09:00 NO ACTION TAKEN
2014-05-22 11:00 wait for it... 3
2014-05-22 11:00 NO ACTION TAKEN

 

[presence]

amonasro at 6 days in you should be fine... the "wait for it" timer you have running should run out in the next 2 hours so it won't be doing anything anymore... and **most** of the data needed for the longer EMA's will be present.

 

[presence]

Dear Users of Poloniex,

As you may have heard, an attempt to hack into Poloniex's hot wallet server via social engineering was made several weeks ago on May 3rd. The attack was successfully repelled and no funds were taken, but as a precaution, the old BTC hot wallet had to be considered compromised. This means that any BTC or XCP addresses generated on or before May 3rd should NOT be used for deposits.

This email is notify anyone still using such addresses that funds deposited there will soon no longer be recoverable. Future deposits to such addresses may be LOST. Please do NOT send any more BTC or XCP to any deposit address generated on or before May 3rd. Any BTC or XCP address currently appearing on your Balances page is valid.

Thanks,
Tristan D'Agosta
Poloniex, LLC

..

 

[amonasro]

I'll probably take you up on that...That BEAST noctua cooler is what I'm most interest in... I want to do some research about fitment in my preferred silverstone microATX case and relative to the DDR3 height.

It's designed to *just* clear the ram as long as the ram is standard, not fancy with heatsinks or waterblocks. It can be installed in either direction, but most put it left-to-right due to vertical limitations in most cases.

amonasro at 6 days in you should be fine... the "wait for it" timer you have running should run out in the next 2 hours so it won't be doing anything anymore... and **most** of the data needed for the longer EMA's will be present.

Thanks! I'm hoping it'll grab some LTC sub 10.50 should we get a correction.

Might I add the code had me laughing hysterically. Just got the "I LIKE IT DEEP POPPA...."

 

[PaulConventionWV]

I think we must be expecting a retracement pretty soon in BTC around the $540 levels after the last rise from the low. I still hear talk of a bear trend, but I'm personally a believer. What are the chances we could still be in a bear market long term?

 

[lotsOfCake]

pres; i'm pretty sure you can reduce the length of that script by at least a factor of 10 (and still get exactly the same behavior).
But let me guess; you are fighting against restrictions of the trade site?
Let me tell you, if you run any AI training style (even random based) on that site, they wont be happy with you, especially not if you backtest each variation.

I'm missing one thing though; what defines your successful chromosome? each of the 120 context.z_n values as floating point, tuned to a point where you always(...) get a BUY signal that matches a rise in EMA(2) ?

If you can get access to the data, cached, and you have a good way of evaluating the fitness of a chromosome, then i can fit this whole thing neatly into a fairly standard genetic algorithm implementation. And yes, i would cache all the time series, and the ema/sar/whatever of those time series, to optimize the fitness function (to run faster).

I'm not sure a restricted version of coffeescript is the way to go. Given offline market data to test on, you could do the testing to find the optimal values in another language, then generate a "trained" coffeescript for final testing and running, with the values hardcoded.

 

[lotsOfCake]

GA basically works like this (simplified):
generate 10000 chromosomes completely randomly (typically gaussian distribution with limits)
test all of them. sort them by fitness.
take the 100 best ones, make 10000 variations from them. 100 are pure copies. 1900 can be copies with random mutations on each. 8000 can be genetic combinations (take a from one, b from another, etc), plus some random mutations.
you then have 10000 new chromosomes based on the previously successful ones.
test all of them. sort them by fitness.
(repeat)

 

[zeMan]

Is LTC ever going to go up?

 

[muh_roads]

Is LTC ever going to go up?

It's starting.

LTC/USD market was a bigger day. 10.40 to 11.30 I think.

http://www.investopedia.com/terms/g/gold-silver-ratio.asp
http://www.kitco.com/Gold_Silver_Ratio_Charts/gold-silver-ratio-charts.html
http://www.silverseek.com/article/goldsilver-ratio-signals-much-higher-silver-prices-12437

Lets use estimates for examples. (close to what it is right now in real time)


Gold = $1200
Silver = $20
Ratio = 60 parts Silver for 1 Part Gold.


BTC $750
LTC $25
Ratio = Roughly .03

Say right now you spent $2000. If you were to buy gold right now you would get roughly 1.66 ounces of gold. If you bought silver you would receive around 100ounces.

60 – 1 Ratio is on the rather high end in history as of now and has been historically lower hitting about 40-1 around 2010-2011 and even lower at times.

So you want to do research and establish a personal bottom and top ( floor and ceiling) . I personally use 60/40 for gold and silver because I have confidence it will touch those numbers over time.

Once you have your numbers set you just simply follow and maybe adjust numbers accordingly to the market. So when ratio is high ( You get more silver for your gold ) you want to either buy silver or convert gold to silver in plans or converting back when ratio is low ( you get more gold for your silver. ) This will just increase your total holdings % tremendously WITHOUT getting left behind or out of the loop. You will never be stuck with fiat .

If you covert the 100 Oz of Silver you bought for $2000 when ratio becomes 40- 1 your total gold content would be 2.5 oz now. Which if you bought gold originally you would have had only 1.6 oz. for that $2000.


( Silver really is a good buy right now guys (hint) )

So now how does this relate to BTC/LTC. Simple.

Just imagine BTC as gold and LTC as silver.

But instead of playing 40-60 ratio. I use these….

Sell BTC for LTC when ratio is below .025 ( more ltc for your btc )
Sell LTC for BTC when ratio is .035 ( more btc for your ltc )

Everytime you touch those numbers you are increasing your hold. (playing ping pong with your floor and ceiling) The great thing about playing ratio is that you never get left behind in fiat.

You could always change these to your liking for more or less profits and speed . It is really on you. I am using these numbers as of now until we see a major step up or down to a “different level”.


Part 3. Coin Goals (what I believe at this moment in time)

BTC -

Month - I think we will get over 750 mark again…..Its a new year lots of new investor money going to come in this month.
Year – This will be a great year for BTC. Anything you buy now will be at profit for long term year if you do not get shaken out. Goal 30BIL marketcap atleast.

LTC


Month – we will break 20 this month. How quick we go I am not sure.
Year - Great Year for LTC. We will see triple digits.

 

[muh_roads]

I need to go to bed. So much to read.

 

[lotsOfCake]

someone just fudged with the price data that bitcoinwisdom uses to plot the doge/btc pair on cryptsy

 

[LibertyTeeth]

Hi presence,

I'm running Icy Spank, started it on 5/20, and it sold out icily around the same time amonasro's did. Have a couple questions: should I put a trade in for a few more days to lock up the funds? Or convert them to LTC then lock them?

Also, I bought some DRK today, what do you forsee for its future?

Thanks,
LT

 

[muh_roads]

ICY bought at the top @ 11.51 and now the price is falling...LOL

How wonderful. I'm losing interest in this whole bot thing relatively fast.

 

[amonasro]

Heh me too Paladin. It's the bot trying to grab the small dips on the way up the mountain. Not every trade is profitable.

The bull trend is pretty strong with this one. I'm going to keep it on.

I'm looking at Huobi 12h chart and we finally get a red candle, and sell volume is not that high. My guess is we either consolidate a bit then rocket up to the next resistance point (550-580ish) or correct downward. Overall sentiment is very bullish atm so my guess is the first choice

 

[presence]

Hi presence,

I'm running Icy Spank, started it on 5/20, and it sold out icily around the same time amonasro's did. Have a couple questions: should I put a trade in for a few more days to lock up the funds? Or convert them to LTC then lock them?

Also, I bought some DRK today, what do you forsee for its future?

Thanks,
LT

2014-05-23 10:00 BUY 3 - Trade Number: 26
2014-05-23 10:00 Buying...
2014-05-23 10:00 Market Order Buy Instrument
2014-05-23 10:00 BUY 125.32 LTC at 11.50
2014-05-23 10:00 Market Order Buy Instrument
2014-05-23 12:00 Trades: 26 Day: 110.25 Freq: 4.2 Price: 11.31
2014-05-23 12:00 1000 Currency: $0/1417 42% ROI
2014-05-23 12:00 46 Assets: 125/125 174% ROI 100% Held
2014-05-23 12:00 NO ACTION TAKEN
2014-05-23 14:00 NO ACTION TAKEN
2014-05-23 16:00 NO ACTION TAKEN
2014-05-23 16:00 Simulation completed. Balance: 125.32 LTC (1391.13 USD)

per forward looking backtest the LTCUSD version just purchased LTC about 5 hours ago

https://cryptotrader.org/backtests/FhRwzqv3MQk4o2rEy


if your live version did not do the same I would suggest mimicking backtests manuallly and keeping *MOST* of your funds on the books manually and out of the bots reach until its live decisions match recent backtests. Give the bot enough funds to move at least 1 LTC so you know when its signaling.


I'm not in tune w/ the dark market... I'll take a look into it and get back to you. Great coin... innovative... keep your eyes on its reddit page for updates.