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Help: Safety threshold

General discussion about Haasbot's Scalper Bot. (Beginner)
neggs
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Posts: 23
Joined: Tue Mar 21, 2017 6:40 pm

Help: Safety threshold

Postby neggs » Fri Apr 07, 2017 6:21 am

Hi Everyone,

I've a ETH/USD scalper bot running as it was performing really well - see screen shots. It's only using low amounts as I'm still learning loads.

My question is, how come the Safety threshold didn't kick in when ETH dropped? I've attached the settings and also the trade history.

Thanks in advance!
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stephan
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Re: Help: Safety threshold

Postby stephan » Fri Apr 07, 2017 8:54 am

Your target percentage is set to 1.25%, this is a good number because it means if the price has changed 1.25% then a trade is allowed. This is the reason of the profits. But if we review the safety then this is set to 99%, so the price must drop 99% and then the safety will begin to respond. This is why it has not responded, the percentage is to high.

We have set the default to 99% because its optional to use this safety. When you set it to a lower value like 2% or something then it will really begin to keep your safe. :)
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neggs
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Posts: 23
Joined: Tue Mar 21, 2017 6:40 pm

Re: Help: Safety threshold

Postby neggs » Fri Apr 07, 2017 9:00 am

Ahhh, thanks - now I understand :)

Potus
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Joined: Sat Apr 15, 2017 11:46 pm

Re: Help: Safety threshold

Postby Potus » Sat Apr 15, 2017 11:55 pm

Where did you come up with those numbers? Are they still profitable?

neggs
Registered User
Posts: 23
Joined: Tue Mar 21, 2017 6:40 pm

Re: Help: Safety threshold

Postby neggs » Sun Apr 16, 2017 6:08 am

Yes, still making profits although I'm testing different Safety threshold numbers. I've currently got this at 12.5% and two scalper bots with target percentages at 1% and 2%.


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