Bitcoin Forum

Economy => Trading Discussion => Topic started by: L.Lawliet on February 03, 2020, 07:39:00 PM



Title: How can i create a bot for trading bitcoin?
Post by: L.Lawliet on February 03, 2020, 07:39:00 PM
Hello, i´m trading bitcoin since 2018, and i would like to know if anyone here can explained for me: how can i create a bot for trading bitcoin (on bitmex or binance without leverage). So, i want to know what programming languages i need to konw and if someone can help me. (i will pay at this case in btc)


obs: if anyone here have a bot and want to sell to me i would like to buy. BTC


Title: Re: How can i create a bot for trading bitcoin?
Post by: jackg on February 03, 2020, 08:23:06 PM
Do you know any programming languages?

Any standard language would be good to know, I guess most people use python because it's a lot easier to deal with.

Just look at the api docs and try to test requests from that. As a warning, a lot of trading bots don't do so well unless you have a good strategy.


Title: Re: How can i create a bot for trading bitcoin?
Post by: AdolfinWolf on February 03, 2020, 08:47:23 PM
obs: if anyone here have a bot and want to sell to me i would like to buy. BTC
You might be able to scoop up a GUNBOT ( https://bitcointalk.org/index.php?topic=1715214.0 ) license for a decent price nowadays, the hype around those seems to have died off a bit... (Make sure you buy from a trusted source though!)

Never heard of them before, but this also seems like a popular bot. https://bitcointalk.org/index.php?topic=211979.0 Not sure what features make this one distinctive from gunbot.

Anyway, i'd also like to add that for most users, it is totally unnecessary to use trading bots. Unless you have some unique, or rather, micro-intensive strategy (lot's of trades) or deal in gigantic quantities, you're probably better off doing it by hand yourself.

That's not to mention the use of trading "strategies". I'd avoid that unless you really know what you're doing / have a sound plan (in your head at least that is :P), as i'm pretty sure that the majority of the users who blindly traded these strategies using e.g GUNBOT, lost their money. It's really not some magic profit generator, else everyone would be using them/they wouldn't be sold, so be aware of that.

Hello, i´m trading bitcoin since 2018, and i would like to know if anyone here can explained for me: how can i create a bot for trading bitcoin (on bitmex or binance without leverage). So, i want to know what programming languages i need to konw and if someone can help me. (i will pay at this case in btc)
I'm not certain about this, so don't quote me on this, but i'm pretty sure you can also create your own Bitmex strategies with something like Haasbot, w/out having any real programming skills.


Title: Re: How can i create a bot for trading bitcoin?
Post by: klaaas on February 03, 2020, 10:56:49 PM
Both offer API access and have there documentation online.
Python or PHP are both widely used. If you want to go for the free route and need some small automation check out github for examples. Bitmex (https://github.com/BitMEX/sample-market-maker) - Binance (https://github.com/jaggedsoft/php-binance-api)

For a bot maybe QT Bitcoin trader (https://bitcointalk.org/index.php?topic=201062.0) suit your needs.


Title: Re: How can i create a bot for trading bitcoin?
Post by: CoinCode_sh on February 03, 2020, 11:14:45 PM
Hi,
Probably NodeJS or Python language is the best choice for that type of bot.
Anyway if you search on the GitHub you can find some bot open source.


Title: Re: How can i create a bot for trading bitcoin?
Post by: BitMaxz on February 03, 2020, 11:24:52 PM
What is your purpose why do you want to create a bot for trading? You can't afford to buy a trading bot?
Don't forget to add Javascript language and I think you need to learn many programming languages not only one.

But if your purpose is to use a trading bot for free there is a well-known free opensource trading bot. Where you can contribute to developing if you want and add any strategy manually.
They called it Gekko trading bot (https://gekko.wizb.it/) I'm using this for a long time so far I didn't experience any issue yet. The good thing is you can use it with your own trading strategy.

OpenSource code can be found here https://github.com/askmike/gekko
You can check the codes if what languages they use to build a trading bot as your reference.