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General information

General discussion about Haasbot's Market Making Bot. (Professional)
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General information

Postby stephan » Wed Mar 23, 2016 8:05 pm


Market Making -bot

Level: Professional (availible within Advanced for the BETA and PROMO periods)
Risk: High
Profits: Normal

Trade-amount: (look to the orderbook to decide)

Exchanges: Spot only
Price markets: All
Price trend: Sideways
Price spread: Small

Trading fee depening: High (favors 0% fee)

Trading algorithm
This bot type works based on the following logic and rules.

Overall advice

Pushing it
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Re: License information

Postby Brandon » Tue Mar 29, 2016 3:22 pm

and newcomers?

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Re: License information

Postby stephan » Tue Mar 29, 2016 5:38 pm

Its not related to if you are new or not. A professional is just more capable of running market making then the common users. This bot carries a bigger risk and it has to be setup at specific markets. If anything goes wrong, we get blamed. A professional is expected to understand market making so he or she will not be supriced if there are losses. Losses are meaning its not setup right or it needs to be adjusted, i understand this, you maybe understand it, but not everybody can understand it.
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Re: General information

Postby yseverov » Sat Oct 29, 2016 8:41 am

Hi Stephan!
I need help! With Market Maker bot.

Question №1: I can customize the Market Maker itself here on the basis of the Trade Bot?
If yes, what settings should I use?
1) What is the indicators?
2)What is the safeties? if needed
3)What is the insurances? if needed

Question №2: Maybe you can add to your MM Bot the function of manual settings: Current Price ?

When I assume the next trend of the market, I have to wait to start work MM Bot.
I think Current price: Buy: 4819.97 CNY / Sell: 4819.97 CNY must have two positions. Automatic (it is now) and manual (you need to add).

I trade on HUOBI, a pair of BTC / CNY.
The total amount of the BTC 34 ... For example BTC 17 and 8225 CNY ...
Trade amount: 4.25 BTC
Price offset: 0.1%
Makers fee: 0
Reset time-out: 0

Secondary orders
Use secondary orders: yes
Price offset: 0.1%

In a sideways market have a profit of 150-250$ in 24 hours
But this is temporary))) I understand ... and I'm trying to understand)))

If i put Reset time-of what that value, the robot begins to trade at a loss. (If the BTC has been purchased at a high price ... and the market went down)

Waiting for your answer))

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Re: License information

Postby 3mini » Mon Oct 31, 2016 4:15 pm

stephan wrote: ... A professional is expected to understand ...

Many new traders, myself included, have expectations we may purchase an effective program,
direct it towards the exchange of choice, and instruct it to Make Profit from a magnificent GUI.

Thank you for the honest presentation of your product !

Forewarned, I have undertaken further study of the marketplace before directing a program to risk my assets.

I hope this translates well...

"It is impossible to design a foolproof machine because fools are so ingenious."


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