Updated ProxyBot PAIRS.properties (markdown)

taniman 2017-09-14 22:14:28 +02:00
parent ef1abe8bf2
commit 5112f523e3
1 changed files with 27 additions and 1 deletions

@ -116,4 +116,30 @@ This options however will skip order book and set the specified bought price and
`BTC_XRP_override_bought_date = 2017-01-01`
# Examples
Coming up
### How does trailing profit work?
sell value is the amount you want as profit
if you dont set trailing profit
as soon as the price reaches that amount
BOOM! the bot sells
Now you say. I want 0.5% trailing_profit. meaning. I want to risk 0.5 in order to gain more.
why risk
if you have sell_value at 2%
the bot will not sell anymore when it reaches 2%
because we gave it 0.5% breathing room
so if the price goes to 2.3% we mark that down as the highest value
now the price goes down to 1.9%
the bot wont sell because it is under our 2% gain value and 0.4% change is still within our breathing room
0.4% = 2.3 - 1.9
that is the risk I am talking about.
The profit reached 2% but the bot did not sell because of trailing profit.
Now if the price continues to go down. You are left with a bag.
But not this time!
The price goes up to 2.8% then 3.5%
So we mark down 3.5% a our highest value
then the price reaches for 3.7% profit!
So when will we sell? Our gain was set at 2%!
In a sudden movement the price goes down to 3.1% just like that.
3.7% - 3.1% = 0.6%
Our trialing profit was set at 0.5% and 0.6% is > 0.5% so enough risk. now we sell!