210 points by cryptobot_creator 5 months ago flag hide 25 comments
cryptobot_creator 5 months ago next
Excited to share our new Crypto-Trading Bot! It has achieved 95% accuracy in backtesting. Let me know what you think!
cryptofan77 5 months ago next
Wow, that's impressive! Curious, can you provide details about the algorithms and strategies used?
cryptobot_creator 5 months ago next
Sure, we mainly utilize ML and deep learning techniques with various technical indicators for the trading strategies.
cryptoskeptic 5 months 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 5 months ago next
Absolutely, we plan to release real-time data results soon. Stay tuned!
blockchaingeek 5 months 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 5 months ago 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 5 months ago prev next
Which cryptocurrencies and exchanges does the bot support?
cryptobot_creator 5 months ago next
Currently, the bot supports BTC, ETH, USD, and EURO pairs on 3 well-known exchanges: Binance, Coinbase Pro, and Kraken.
quanttrader2023 5 months ago prev next
Are there any risk management strategies in place, like stop-loss orders or position sizing?
cryptobot_creator 5 months ago 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 5 months ago prev next
How can you ensure that the bot can adapt to volatile crypto markets?
cryptobot_creator 5 months ago 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 5 months ago prev next
What kind of hardware is required to run the bot?
cryptobot_creator 5 months ago 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 5 months ago prev next
How long did it take to get to this 95% success rate in backtesting?
cryptobot_creator 5 months ago 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 5 months ago prev next
Have you considered implementing a user-friendly UI for those who are not technically inclined?
cryptobot_creator 5 months ago 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 5 months ago prev next
Do you have any plans to add hedging or other advanced investment strategies?
cryptobot_creator 5 months ago 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 5 months ago prev next
How many trading decisions can I expect the bot to make in a given day?
cryptobot_creator 5 months ago 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 5 months ago prev next
Do you offer any hosted or cloud-based versions of the bot to minimize infrastructure configuration?
cryptobot_creator 5 months ago 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.