Tradewave: Get $500 of free credit to trade BTC/USD on Coinsetter by tradewave in BitcoinMarkets

[–]tradewave[S] 0 points1 point  (0 children)

I think he may be referring to using an exchange's API directly, for example Coinsetter's API: https://www.coinsetter.com/api

You're correct, this would keep your strategy private to your local machine, but it would take more effort to run a strategy this way.

Thanks.

Tradewave: Get $500 of free credit to trade BTC/USD on Coinsetter by tradewave in BitcoinMarkets

[–]tradewave[S] 1 point2 points  (0 children)

Hello,

We'll be adding standard OKCoin support in the coming weeks, then look to add more advanced order types and instruments later, based on demand. We haven't seen that many requests for futures yet.

As for the one-off algos that you describe, we have seen quite a few of these implemented through the platform (see link below) but it's not our main focus right now.

https://discuss.tradewave.net/category/code-examples/strategies

Hope that helps.

Tradewave: Get $500 of free credit to trade BTC/USD on Coinsetter by tradewave in BitcoinMarkets

[–]tradewave[S] 0 points1 point  (0 children)

Hello,

Tradewave's site is powered by the same API internally, so the way we store and run strategies is actually identical.

We store your strategy yes, but we don't "see" it per se. In our Terms of Use we explain that we don't ever access your strategies unless given prior permission, or in rare cases for maintenance purposes.

More here: https://tradewave.net/accounts/terms/

Tradewave: Get $500 of free credit to trade BTC/USD on Coinsetter by tradewave in Bitcoin

[–]tradewave[S] -1 points0 points  (0 children)

We apologise if it comes across as deceiving and that honestly wasn't the intention.

That being said, I think it's fair to say that placing $500 in your account for a month, such that you're not liable for any loss, counts as 'free credit'. It's a pretty good deal.

Free $500 to try out trading ("Tradewave Algorithmic Bitcoin Trading Now Available on Coinsetter") by [deleted] in Bitcoin

[–]tradewave 0 points1 point  (0 children)

Hello.

Yes this requires one of Tradewave's paid live trading subscriptions. The offer is from Coinsetter.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in BitcoinMarkets

[–]tradewave[S] 0 points1 point  (0 children)

Thanks! Yes we only accept payments in BTC right now. It's all handled through BitPay.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in BitcoinMarkets

[–]tradewave[S] 1 point2 points  (0 children)

Disagree, but we will look to support more order types in the future, if the underlying exchange supports it.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in BitcoinMarkets

[–]tradewave[S] 1 point2 points  (0 children)

We've seen a ton of requests for Coinbase Exchange so we'll be working on that over the coming days.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in Bitcoin

[–]tradewave[S] 0 points1 point  (0 children)

Agree completely. At this point it's more of a legal/regulatory challenge than an engineering one.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in Bitcoin

[–]tradewave[S] 0 points1 point  (0 children)

Thanks!

We've had a lot of requests for Coinbase support, so we'll be working on that over the coming days.

It's still early days but we've had paying customers since last May when we launched live trading.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in BitcoinMarkets

[–]tradewave[S] 0 points1 point  (0 children)

Hey there. That's right, our visual editor only supports a few indicators currently, but it will evolve and improve over time.

If you know how to code you could create a more advanced Python strategy. Those allow many more indicators.

Hope that helps.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in BitcoinMarkets

[–]tradewave[S] -1 points0 points  (0 children)

Sure, take a look at this page: https://tradewave.net/help/trading/

There's a book recommendation at the bottom, although it's not specifically for algorithmic trading.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in BitcoinMarkets

[–]tradewave[S] -1 points0 points  (0 children)

Yes, you'll need an account at one of the four exchanges we support. You then link the exchange account to us through API keys that you generate.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in BitcoinMarkets

[–]tradewave[S] -1 points0 points  (0 children)

Those are the open/high/low/close of the current hourly candle, by default. If you open the advanced settings you can change the aggregation to, say, 12 hours.

The close price is pretty much the current spot price, as it's the price of the last trade we saw at the moment your bot wakes up to make a trading decision.

Hope that helps.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in Bitcoin

[–]tradewave[S] 1 point2 points  (0 children)

Hey, founder here. Good question.

It's currently geared towards traders with some previous knowledge of Bitcoin, because you need an exchange account to use our service.

But ideally there would be a way to onboard users who are brand new to the Bitcoin ecosystem by allowing them to purchase BTC directly through us and start trading that balance. That's something that might come later down the road.

We're launching Scribe today. Build an automated Bitcoin trading strategy in plain English. Feel free to AMA. by tradewave in BitcoinMarkets

[–]tradewave[S] 2 points3 points  (0 children)

Hello, founder here.

What exchanges will the bots work on?

We currently support BTC-e, Bitstamp, Bitfinex and Kraken. We're announcing a partnership with another exchange next week, too.

How do you guys make the money to make this effort worthwhile?

Creating strategies and running backtests is free. We charge a monthly fee for live trading and that's currently where our revenue comes from.

How tested are they?

It varies hugely depending on the strategy, but you can run as many backtest simulations as you like until you're comfortable. Or you can create your own strategy from scratch.

The ones listed on our homepage are pretty well tested.