bitstamp API tradebot on Php - WhaleHunter

[logicalwire]

Hello everybody,

I'm making some software that interact with Bitcoin trading API like those provided by Bitstamp.net.
This tradebot is able to find the best price for buy following the buywall and then the sellwall. There is some parameters to set for find the buywall and sellwall that you want to follow.

You have control over your balance and orders with sound alerts and you can check price ticker, high/low difference and some other parameters.

There is also a stop loss function that sell at bid price and generate alarm.


You can get it on this address : https://www.dropbox.com/sh/8c5r0esvd2v9639/kdNAfFPi3T

Please leave me your comments and send me some tip. I hope that is helpful and it is a good step to understand how API work anyway. I can also add some feature that you need feel free to ask me. Other way if you are one a huge project I would like to step in.

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[blankia]

The buy/sell wall is now checking for every 3000 open orders? Can you make the buy/sell wall calculated differently? So for example check all open bid orders above $400, or not more than 30% away from the midpoint (bid/ask/2), same for open asks order.

Just to avoid counting  open orders of buying 10.000 bitcoin for 0.01$ in the orderbook ect.

[logicalwire]

Yes it check the volume and the price of 3000 open orders. I can make it to count the whole orderbook and to set a number of open order to count that is a part of them that's possible. That's also a good point because it will eliminate the bug that could occur if the orderbook is smaller that 3000 offers but I have to count the whole orderbook anyway for set that number automatically. Actually it count from the highest bid and the lowest ask so it can find the buy/sell wall easy with 3000 offer but that's a parameter that have to be adjusted when the orderbook depth if it change significantly.