Do crypto trading bots work

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The trading bot is based on Binance. The code already exists, but it does not work properly in a live environment.

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Therefore, this code needs to be fixed, extended or replaced, depending on the freelancer's decision. The project consists of two milestones: 1.

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Bugfixing the trailing stop loss and trailing profit in the code The code contains a kind a of trailing stop and trailing profit. But this is implementation is not completed and it is not working properly in a live environment. Please feel free to adopt or delete this code.

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For understanding the errors with the code, we send the logfiles. This means your task is to fix this error and bring the bot to life. Add a new trailing profit strategy The actual trailing stop loss strategy works as follows.

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The user enters a target profit and a stop loss during the bot creating phase. Afterwards the do crypto trading bots work enters a trailing parameter in percentage.

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So if the price rises the stop loss parameter will placed on a new position till the target profit is reached. This is not a good strategy.

Therefore a new strategy needs to be implemented. The approach of the new strategy is that the user enters a target profit, a stop loss parameter and a trailing parameter same approach as already in place.

It offers a wide range of settings, algorithms and protocols. Most trading algorithms can put a lot of pressure on your shoulders and make you feel out of control. However, they are not without risk. Once you have a better understanding of how markets work, the next step is to get the best possible cryptocurrency for your investment. The bots make trading decisions by detecting changes in the market price and responding to a set of predefined and pre-programmed rules.

The new strategy implies that if the target profit increases, the stop loss will also increase, based on the trailing parameter. This process is repeated until the price falls and the last stop order is reached.

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This is how the order is closed. Please consider that this approach needs to work for all running bots.

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These bots are written in the database. If you think an order tracker is necessary feel free to implement it. Vizualizează mai mult Vizualizează mai puțin.

Indiferent dacă ești un începător care te afundă într-o lume a tranzacționării cripto sau un profesionist care dorește să îmbunătățească setul de instrumente al unuia - 3Commas este ceea ce se potrivește perfect nevoilor tale! Susținem toate schimburile criptografice majore precum Binance, Bitmex, Poloniex, Bitstamp, Bitfinex, Bittrex și multe altele. Încercați mecanismul Trailing pentru a cumpăra monede la cel mai plăcut preț - nu un singur terminal de schimb vă va permite să faceți asta.