Bitcoin Forum

Economy => Trading Discussion => Topic started by: CyberPunkMetalHead on March 16, 2021, 12:37:28 AM



Title: I'm sharing the code of my first crypto trading bot, so you can build your own
Post by: CyberPunkMetalHead on March 16, 2021, 12:37:28 AM
The bot will be trading Bitcoin automatically if the price has increased by more than 3% in the last 10 minutes with a stop loss of 5% and take profit of 8%.
Before deciding on 3% increase and a 10 minute timeframe, I have been testing different variations and it seems that 3% in 10 minutes gives the optimal chance of predicting a strong bullish movement (at least for the next few hours)

**Use Cases*
Use with a demo account - use on a live account at your own risk
Use to test different crypto markets


**Considerations**
The bot can be adjusted to work with multiple cryptos at once.
It currently requires a viable exit strategy, I have tested with both fixed and trailling stop losses and the bot has ben underperforming on bitcoin, however it closed a profitable week on XLM.

Article and guide: https://www.cryptomaton.org/2021/03/14/how-to-code-your-own-crypto-trading-bot-python/

Github Repo: https://github.com/CyberPunkMetalHead/Bitcoin-Surge-Trading-Alpha

Good luck and let me know if you have any questions!
Quote ReplyReport Edit