ADSactly Grid Trader

Grid trading algorithm: setup a grid of LIMIT BUY and LIMIT SELL orders around the current market price of a coin.

For precise details on the algorithm, consult SPEC.md

The original purpose of this code was to trade within a range and have futures positions setup above and below this range.

Installation

1. git clone [email protected]:metaperl/surgetrader.git
2. pip3 install -r requirements.txt

API Key

Login to Bittrex, Binance or wherever and create an API key with trading privileges enabled for that account. Record the key and secret. You will need to store them.

API Key

Configuration

Setup a config file for each account

shell> cd src/config ; cp sample.ini.sample myAccount.ini

Edit src/config/myAccount.ini per the docs in the .ini file.

Make a logfile directory

shell> mkdir -p src/log/myAccount

Add an entry to system.ini for each account to trade

[accounts]
active = bluechip.ini

Usage

shell>
shell> python gridtrader/gridtrader.py --help
shell> python gridtrader/gridtrader.py --balances $accountName # List balances of account
shell> python gridtrader/gridtrader.py --init $accountName    # Run once to set things up.
shell> python gridtrader.py --monitor $accountName # Run every X minutes over and over.

Automation

Convenience Scripts for Everything

in the batch directory is a run.py which should allow you do everything you want. Just set it up per the README.md there.

Once you configure your list of accounts in acccounts.py then you can run all the commands in gridtrader/gridtrader.py without specifying the account(s):

shell> ./batch/run.py --init         # will also cancel orders
shell> ./batch/run.py --balances     # show coin holdings
shell> ./batch/run.py --monitor      # monitor buy/sell grids and adjust
shell> ./batch/run.py --loop-monitor # run monitor indefinitely every `delay` minutes

Cron

You may wish to go the cron route, but this code should run fine on Windows. It was where it was initially developed (dons flame-retardant vest).

# m h  dom mon dow   command

MAILTO=""
PY=~/install/miniconda/bin/python
SRC=~/prg/adsactly-gridtrader/src
GT=./gridtrader.py

*/10 * * * * cd $SRC ; $PY $GT --monitor bluechip

# Cleanup

@daily find $GT/src/log/ -name '*.log' -mtime +1 -delete

Suggestions and Discussion

This code should only be run on coins that you are long-term bullish on. I.e, should the coin drop in price versus the quote currency, you have no problem with accumulating more.

In my case, I see the Binance token (BNB) as a sureshot long-term gainer coin, because of the obvious use case and incentive to buy.

It is very possible for this bot to drain ALL of your quote currency in a very short period of time. At that point, you have a "bag" of the base currency and you need to decide what to do with it. In my case, the options are:

1. Move it to my portfolio account, where it is held with other long-term coins.
2. Move it to another trading account, setting a limit order for profit.

Initial Coin Proportions

I recommend that you only make use of 25% of your base and quote currencies for the initial grids. That way, when new buy/sell grids are created when the old ones are exhausted

WARNING

If you change the program code you MUST run --init again. You cannot run --monitor right after a change to the source code. You must --init after that in ALL cases, because of how the serialization of program objects to disk between runs works.

Batch execution on Windows

src/batch/run.py