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I'm building a trading bot (ruby) that uses a collection of signals to trade. I have been working on the backtesting to do validation of different strategies ac
by meesterdude 9y ago
I'm building a trading bot (ruby) that uses a collection of signals to trade. I have been working on the backtesting to do validation of different strategies across different pairs and intervals. The highest i've gotten it so far is 120X from start of LTC/BTC, but thats also on a fairly aggressive setting (and obviously idealistic);
SMA can work, but it can also bite you. I think using only 1 technical indicator is asking for trouble when determining entry. Use at least 2, but no more than 5 or 6.
As a software developer, its a cool field to tinker in. But theres lots of ignorance, hype, and crap.
For anyone who wants to build a simple bot, checkout gekko
https://gekko.wizb.it https://gekko.wizb.it
- tobltobs 9y ago> The highest i've gotten it so far is 120X from start of LTC/BTC 120x sounds impressive (and overfitted), but if you compare this to a simple buy-and-hold strategy it is a rather depressing result.
- marcell 9y agoIndeed; for crypto trading, your unit of account matters a lot. I'd recommend using BTC as the unit of account, so you aren't counting 100x+ USD increases.