Discuss trade bots which are good which are bad etc. Bonus if it is open source.
Has anyone tried cryptotrader?
>>1908960
Nobody will publish a bot with an expected return > 1.0
>>1908960
I tried cryptotrader about a year ago. Pretty much all of them were huge disappointments. The "backtests" that they do are bogus, I'm not sure exactly what happens behind the scenes, but it doesn't run live - you need to take a look at the live tests. Maybe they've improved since I've been there.
Bots need to show a gain, and most of them don't.
What features would a good one have?
Cool thread.
Here is mine. I had it managing about 3 BTC worth of ETH but disagreed with its first sell signal so I cut the amount it has access to down to 1 BTC. It's pure gambling at this point. I have no idea about the decisions it will make in the future, it could go completely tits up.
I did notice the first sell/buy/buy grouping was a sell-low buy-high situation but the second grouping was a sell-high buy-low movement which is more on the money, I hope it improves but like the warnings given to you straight up on crypto-trader: there is no money-making magic bot, most of them are overfit to their training data, they should be seen as experiments for most people unless you can truly understand all of the logic that goes into their decisions which is hard enough with the trend followers let alone the black box CNNs trying to make predictions which are impossible for any human to trace and comprehend.
I think the movements have two buy signals purely because the first buy order was only partially filled and the second order is just to clean up the accounts, so to speak.
>>1908960
Can it make me just like a Federal Reserv sponsored Wall St HFT pro?
If so I'm all in on slaving for fiat currency.
Where do I sign up?
>>1909135
Someone once told me that the people who made the most money during the gold rush were the ones selling the pickaxes and shovels