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?
General discussion about Haasbot's Inter-Exchange Arbitrage Bot. (Professional)
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