On Binance exchange (at date April 2022) there are Futures nominated in BUSD. And there are rebates 0.01% for market maker, so it is +0.02% per turn if you are using limit orders both for entry and for exit.
This bot can trade any Futures, for example nominated in USDT too. But in this case you need to adjust take profit settings (to ensure that the fees are lower than your profits).
This simple bot written with python enter the market using small grid based on ATR and immediately place close order. In this example it will trade on XRPBUSD pair, but you can change it in settings. Please keep in mind that this example bot will open only short trades.
- Edit config.py file, add you API credentials and change initial grid lot size.
- Run python3 xrp.py
Bot will check EMA 6 High (and, optional, EMA60, EMA120, EMA240) and if price higher it will start placing entry sell orders.
Sometimes bot first delete the grid and then open position. Will fix it in next releases.
- Change position and orders info requests to websocket.
- Change decimals for symbol from manual to auto.
Run pip install to install:
pip install python-binance
pip install ta
pip install pandas
To start trading on Binance Futures and earn rebates register here: https://www.binance.com/en/futures/ref/421719790
This project is for informational and educational purposes only. You should not use this information or any other material as legal, tax, investment, financial or other advice. Nothing contained here is a recommendation, endorsement or offer by me to buy or sell any securities or other financial instruments. If you intend to use real money, use it at your own risk. Under no circumstances will I be responsible or liable for any claims, damages, losses, expenses, costs or liabilities of any kind, including but not limited to direct or indirect damages for loss of profits.
I develop trading bots of any complexity, dashboards and indicators for crypto exchanges, forex and stocks. To contact me:
Discord: https://discord.gg/zSw58e9Uvf
Telegram: https://t.me/aadresearch
I prefer using DigitalOcean.
To get $200 in credit over 60 days use my ref link: https://m.do.co/c/3d7f6e57bc04