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Author Topic: HOW TO FIND AND SETUP A BOT TRADER  (Read 90 times)
Luca$h (OP)
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January 03, 2021, 08:16:46 PM
 #1

Hello everyone,

Happy new year and lot of success for 21 !

I'm pretty new in the trading world (software, exchanges, API etc...) and I would like to discuss about how to setup a bot trader.

I've started to do some trades on coinbase and binance, and I want to automatize some orders.

I did some search and finded: FREQ TRADE. An open source bot.
https://www.freqtrade.io/en/latest/configuration/

So, I would like to know if this tool is trustable and what are the good and bad points ?

If trustable, what are the best hardware & software config to use and setup a bot: (CPU GPU Linux Windows etc..) ?

Basically, I just want a bot who is able to buy at a specific price and sell to another price (higher of course  Tongue

If you already know some topics or forums explaining how to setup a open source bot trader; let me please know  Smiley       


Thank you in advance
Luca$h  Wink
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November 07, 2021, 04:59:31 PM
 #2

Hi all,

Freqtrade is a trading bot that needs :
- A configuration file
- A strategy

It only trades on spot markets (binance, kucoin etc...) and buys low and sells high (it does not trade by buying high and selling low).

There is a discord group about freqtrade and other ones focused on some strategies (eg. a Discord group focused on NostalgiaForInfinity's strategies).

Depending upon the strategy and the configuration file used it can really perform well.

The configuration file can be adjusted for defining how pairs will be selected, how the trade will be done (market buy/sell or limit buy/sell) etc...

If you need more information you can contact me at : investdatasystems@yahoo.com

Example of a configuration file :
https://github.com/reuniware/FreqTrade_Work/blob/main/configs/NostalgiaForInfinityX/config.json

Example of a strategy file :
https://github.com/reuniware/FreqTrade_Work/blob/main/strategies/NostalgiaForInfinityV7.py
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