ok, so im totally new to all this. i know how to trade crypto but have never used a bot.
right now i have got to this stage.
i have gekko installed and can get the home page and do data importing and backtesting
i have a api key and a secret.
so i have the following questions.
when selecting a strategy, i can change the parameters. but i have no idea what they mean.
eg, MACD has threshold parameters like "down = -0.025" , but what does this mean in english?
CCI has "# constant multiplier. 0.015 gets to around 70% fit constant = 0.015" , but what does it mean ?
i dont understand how to set a max trade size. i dont want to try the bot as a test only to see it sell all my crypto, how do i set a limit to what it can spend?
how do i stop a live gekko? it only has a start button but there seems to be no stop button? if something goes wrong i want to be able to stop it.
Hello Gekko...!!!
I Love Gekko so much and i appreciated.
i want to implement a strategy that depend on price of coin, for example: if bitcoin hits 12000 dollar threshold i want to purchase .5 btc. and set flag to sell position hold it for second threshold that is 13500 and sell .5 bitcoin for 13500 dollar. after that set flag to buy position again.
love the gekko: thank you, joined forum.
+++
here we go. when i backtest these parameters, the profit is anywhere between 15 and 70%
- 3 month data set from e.g. binance
- candles set to 5 or 10 minutes
- a history between 2 weeks or 1 month for warm up
- default rsi strategy applied to usd/btc
now what i'm not getting is the part that makes this too good to be true. which variable in this equation would make it hard or impossible to apply these parameters to the trading bot and gain such profits.. is it the 1 month warm up that isn't a realistic thing to do ?
forgive me for the newbie level of questioning. also, please understand i have to be kind of abstract as long as i don't fully comprehend the boundaries of applying such a strategy in reality. i'm trying to to comprehend the boundaries on a conceptual level and that way perhaps (hopefully) slowly advance my knowledge (.. mumbles)
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best2all, futurenext
_i make a living building web apps for sme's_
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I was able to get everything set up. I downloaded the software, I was able to run a backtest and add the API. I then went to use the Autobot for a live trade. It was running for about 3 hours until it crashed. It did not make a trade the entire time. I did look at the command prompt and it seemed to not make a trade because it was not the right time for it. I could not tell if it crashed when actually making a trade. However when I try to run a live trade after the crash it says, "child process died".
When backtesting in the UI it sometimes occurs that it finishes without displaying results but when I look at the CLI the test is clearly still running.
This used to happen mainly when working with very short candles (1-2-5 minutes) but it's been happening more recently.
Can somebody give me some pointers on how to examine this further?
Hi. First of all, Thanks a lot Gordon! Super interesting work!
I would like to try to enable the bot to choose trading pairs on basis of previous market volatility... to make the market fit the strategy so to say.
Anyone else interested in this?
I'm a new user and not very good with Linux. I cannot get Gekko to run properly and receive an error when I try to run it:
/home/john/gekko/core/error.js:3
let RetryError = function(message) {
^^^
SyntaxError: Block-scoped declarations (let, const, function, class) not yet supported outside strict mode
at exports.runInThisContext (vm.js:53:16)
at Module._compile (module.js:374:25)
at Object.Module._extensions..js (module.js:417:10)
at Module.load (module.js:344:32)
at Function.Module._load (module.js:301:12)
at Module.require (module.js:354:17)
at require (internal/module.js:12:17)
at Object.<anonymous> (/home/john/gekko/core/util.js:8:14)
at Module._compile (module.js:410:26)
at Object.Module._extensions..js (module.js:417:10)
Here are my system details:
64bit OS
16.04 LTS Ubuntu
Intel Core I5
My objective is to run it on a laptop and interact with it via my browser.
I tried following the instructions yesterday here:
It was late at night and I might have installed nodejs after installing Gekko. Will Gekko configure properly if nodejs is not present at install? If Gekko is not configured properly, how do I start over?
I also tried installing Gekko using Docker and no luck there either. Since I couldn't get it to do anything, I uninstalled Docker.