Pybot

About the project

• The project started as an experiment, whether I can automate a trading strategy using Python.

• This was the first pet project I started after 3 months of programming. Moreover, this was the first app that I deployed on a Linode server and sucessfully maintained for months. At this time I had no knowledge about web protocols, nor CLI editors to maintain my code. Thus, at the beginning I made several meaningless commits where I edited configuration variables after deployment.

• Pybot is a cryptocurrency trading bot that uses the Binance exchange to fetch historic price data from its REST API. Once the historic data is processed, it has access to real-time market data using websockets. The strategy is executed by triggering pre-defined conditions based on the incoming data feed. Once again sending request to Bnance REST API the orders executes instantaneously.

Motivation

• passion for financial markets
• practical, project oriented learning
• challenge myself
• after months of offline scripting I wanted to experiment with web related technologies
• integrate an SDK into my project

Technologies

• Python as a base language
• Websocket API for real-time datafeed
• REST API for historic data and order execution
• Bash script to install dependencies

Features

• Binance SDK to handle websocket and REST API endpoints
• TA-lib python library for technical analysis indicators
• Logging executed trades in CSV files
• Customizable strategy parameters by constant variables
• Multiple time frame analysis
• USD/COIN margined futures trading

Disclaimer

• I created this program for educational purposes only. Binance only allows real money trading. This strategy is just a template. The current configuration is not profitable, nor have any edge on the market.
• However, due to the nature of futures trading it is possible to experiment with low balance such as $1.

Installation and usage of the program

The bot and the init script have been created in Linux Ubuntu 20.04 LTS environment.

• API key and secret can only be requested from Binance, thus having an active Binance account is a requirement to start the bot.
• writing the API key and API secret to config.py
• Running the compile script in working directory by:

  • bash compile.sh

  • bash start.sh

• Executed trades can be reviewd in ./cache folder