Binance Trade Bot

Trading Strategy

The bot buys with a set amount of currency when the current price crosses above 24h EMA. The price will keep rising in theory, due to market momentum. When the price starts to decline, the bot will sell bought assets after the current price pierces below 24h EMA.

It is planned to switch to MACD indicator to predict the optimum selling price where the price will start to drop. This way, the bot will be able to sell assets in higher prices, before the price hits 24h EMA.

Usage

Clone this repository

git clone https://github.com/aizuon/binance-bot.git

Create directory to repository

cd binance-bot

Create a conda environment and install dependencies

conda create -n binance-bot -f requirements.txt

Activate the conda environment

conda activate binance-bot

Create a Binance API key through https://www.binance.com/en/my/settings/api-management
Run the program with your API key and secret and optionally the symbol to trade and the amount of asset to trade with

python binance_bot.py --key BINANCEAPIKEY --secret BINANCEAPISECRET

For example, the command below buys and sells $10 worth of BTC according to the trading strategy stated above

python binance_bot.py --key BINANCEAPIKEY --secret BINANCEAPISECRET --symbol BTCUSDT --amount 10

Arguments

Parameter	Default	Description
—symbol	BTCUSDT	the symbol(s) to trade
—amount	MIN_NOTIONAL	the amount(s) of asset(s) to trade with
—key	None	Binance API key
—secret	None	Binance API secret

Planned Features

MACD indicator (buy/sell)

Liability

The software provided in the repository is not a product nor an investment tool, but an educational example. None of the contributors to this project are liable nor responsible for any losses the user may incur.