Here's the new trading algorithm I made guys: this one is able to buy a coin the moment it's listed on Binance. I've open sourced it so you can customise or test it yourself.

I'm quite excited about this one, and many of you said you would like to see a tool like this so there you go guys.

This crypto trading algorithm scans the Binance exchange for coins every 20 seconds, and if a recent innovation listing is found it will automatically place a buy order.

The bot will also be able to sell the coin at the optimum time by using a trailing stop loss. Essentially, as long as the price of the coin is going up, the algo will hold onto the coin, and sell once it detects a trend reversal.

I'm sure many of you have noticed the phenomenon of massive pumps the moment a new asset is listed on Binance, only to be followed by a significant drop afterwards. Manually trading that would be impossible, but a trading bot might be able to capitalize on some sweet gains there.

It comes with a test mode too so you can plug it in and let it run without any risk of using real money as you're testing it.

The bot is written in Python and works with Binance and Binance US.

I've been testing it for a couple of days, but no coins have been listed on Binance since then, but I will continue testing it and report back. Though every function has been individually tested in the past and proven to work from some of my other projects. So please bear that in mind if you give it a go yourself.

For a detailed guide on how it all works, or to just follow along the code go here: https://www.cryptomaton.org/2021/08/15/coding-a-binance-trading-bot-that-detects-new-coins-the-moment-they-are-listed/

And for the GitHub source go here:

https://github.com/CyberPunkMetalHead/binance-trading-bot-new-coins