Testing Butterbot, an Automated Bitcoin Trading Bot (day 4)

4 Feb
2014

butterbot-testing-btce-day-4

4 days have passes since we started testing the Butterbot automated Bitcoin trading bot and it is time to share what has happened in the last 24 hours. There were no trades on the BTC-e exchange, so we still remain with 25.2104 USD as balance in our account. The market seems to be moving towards a rise in the BTC price, but the bot has not yet acted on that, probably tomorrow we’ll see some more activity.

butterbot-testing-mtgox-day-2

The second day testing the Butterbot ont he MtGox exchange has also passes and today we’ve had the first trade executed, the bot acted on the downtrending of the market and has sold the 0.04 BTC from the balance, so we ended up with 37.37 USD. As you can see the bot is not doing a lot of trades, it is playing safer with a lower profit as per still the more conservative settings we are using, though we are getting the hang of things and are already optimizing the EMA trading settings for both exchanges differently in order to get better results. Of course the market activity is also important and at the moment it seems there is nothing that much happening on the market and things are moving slowly. We are continuing to test the Butterbot during our trial period and will report how things progress.

To read more about the Butterbot automated BTC trading bot and our day 1 experience…
To read more about the Butterbot automated BTC trading bot and our day 2 experience…
To read more about the Butterbot automated BTC trading bot and our day 3 experience…



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