I've been testing the Inter-Exchange Arb bot for a few days, on Simulated accounts but live market. The issue I'm seeing is that I get only 1 "Winning Trade", and 0 "Loosing Trades", but hundreds of buy/sell orders.
If I understand correctly, this bot works with Limit Orders (with a timeout), and I understand that timed-out orders will leave a loss. But most orders are actually executing correctly in live market (not timing out). Why are there no winning trades?
Here's an example of the trades executed over the weekend:
I ran 9 bots with different Exchange / Pairs, and all of them had only exactly 1 Winning Trade, but all the trades had fees calculated into them, so all the bots ran at almost full loss.
Any ideas as to why this is happening?
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General discussion about Haasbot's Inter-Exchange Arbitrage Bot. (Professional)
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