20161001
The arbitrage is gone. This time it looks like a professional or the exchange itself. The arbitrage existed between Bitcoin, Litecoin and Cash.
20160823
For the past 24 hours, there is a price surge in the Litecoin market. The algorithm is doing well. Very luckily, when the algorithm was excecuting orders I was right in front of the monitor and I found something very interesting. I am now modifying my code to take this edge.
20160726
After 4 weeks of work the program is now online! It exploits an arbitrage opportunity that I found earlier. Although it only makes very limited profit, the risk of its profit is close to zero, or you can say it has a sharp ratio close to infinity. The best part is that it is running 24/7 with minimal maintenance required.(This is partially because its configuration is still very conservative.)
As far as I can tell(by looking at the history orders), there are at least 4 other guys trying to do the same thing. Mine has been the quickest to respond by now.
I wrote everything from scratch and I learned a lot during this process, which is far more important than profit.
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