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Trading Bot Algorithm

Binance

Cryptocoins Exchanges / Binance 215 Views

This trading bot will automatically place trades on the Binance exchange by detecting the most volatile coins in a given timeframe

The code was built with customisability in mind, where each user can modify parameters like:

Define what % increase constitues a buy signal

Time elapsed between price checks

Trailing stop loss / take profit

Stop buying when the market is bearish

In addition to the core functionality, the algorithm is now able to receive and act on external signals which are fully customisable.

It uses data from Tradingview, and this returns buy signals according to the most relevant indicators. BY default if at least 18 out of 26 indicators agree that it's a good time to buy a certain coin, this will tell the bot to go buy that coin.

The bot also has a newly-implement pause functionality. It essentially analyses 15 moving average indicators and if half of them show that's a bearish market, the bot will not buy during this period.

You can also choose and pick any number of custom indicators from oscillators to moving averages and more. Those require a bit of coding, and I'm hoping to make it more user-friendly in the future but the core functionality is there.

The code was built with customisability in mind, where each user can modify parameters like:

Define what % increase constitues a buy signal

Time elapsed between price checks

Trailing stop loss / take profit

Stop buying when the market is bearish

In addition to the core functionality, the algorithm is now able to receive and act on external signals which are fully customisable.

It uses data from Tradingview, and this returns buy signals according to the most relevant indicators. BY default if at least 18 out of 26 indicators agree that it's a good time to buy a certain coin, this will tell the bot to go buy that coin.

The bot also has a newly-implement pause functionality. It essentially analyses 15 moving average indicators and if half of them show that's a bearish market, the bot will not buy during this period.

You can also choose and pick any number of custom indicators from oscillators to moving averages and more. Those require a bit of coding, and I'm hoping to make it more user-friendly in the future but the core functionality is there.

If you're comfortable with Python and would like to inspect the source code please DM me

submitted by /u/Maskiplays
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