=== Resources ===
* Info on each exchange
* inventory
* time series/trend for X time
* commission/overhead
=== Basic Trading Strategy ===
Buy at B1 or below.
Sell at S1 or above.
The exchange implements this already.
=== Ratcheting ===
- Maintain inventory of m1 bitcoins
- if trending down, sell
- if trending up, buy
m1 = 1.0
t = price_trend_over_last_minutes(5)
if t < 0
m1 -= (m1*0.05)
end
if t > 0
m1 += (m1*0.05)
end
=== Inventory Maintenance ===
independent process
i = mtgox_inventory
if i < m1
buy(m1-i)
end
if i > m1
sell(i-m1)
end