Don Park

• Info on each exchange
  • inventory
  • time series/trend for X time
  • commission/overhead

Buy at B1 or below.

Sell at S1 or above.

The exchange implements this already.

1. Maintain inventory of m1 bitcoins
2. if trending down, sell
3. 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

independent process

i = mtgox_inventory
if i < m1
 buy(m1-i)
end

if i > m1
 sell(i-m1)
end