✍️ "Building a Basic Grid Trading Bot in Python"

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"Building a Basic Grid Trading Bot in Python"

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0.5

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Python Grid trading bot code

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Sure, I can provide you with a simple example of a Grid trading bot in Python. Please note that this is a simplified version and may not be suitable for real trading. It is always recommended to test any trading bot in a simulated environment before using it with real money. Also, you should have a good understanding of Python and trading before attempting to use or modify this code.

import ccxt

# Setup exchange and API keys
exchange = ccxt.binance({
    'apiKey': 'YOUR_API_KEY',
    'secret': 'YOUR_SECRET_KEY'
})

# Define trading pair and grid parameters
pair = 'BTC/USDT'
grid_levels = 10
lower_price = 30000
upper_price = 40000

# Calculate grid interval
grid_interval = (upper_price - lower_price) / grid_levels

# Create grid
grid = []
for i in range(grid_levels):
    buy_price = lower_price + i * grid_interval
    sell_price = buy_price + grid_interval
    grid.append((buy_price, sell_price))

# Main trading loop
while True:
    # Fetch current price
    ticker = exchange.fetch_ticker(pair)
    current_price = ticker['last']

    # Check each grid level
    for buy_price, sell_price in grid:
        # Check if price is within this grid level
        if buy_price <= current_price <= sell_price:
            # Check if we have an open order for this grid level
            open_orders = exchange.fetch_open_orders(pair)
            open_orders = [o for o in open_orders if o['info']['price'] == str(buy_price) or o['info']['price'] == str(sell_price)]

            # If no open order, place both buy and sell orders
            if not open_orders:
                amount = 0.001  # Define your amount
                exchange.create_limit_buy_order(pair, amount, buy_price)
                exchange.create_limit_sell_order(pair, amount, sell_price)
                print(f'Placed orders at grid level {buy_price} - {sell_price}')

This bot will create a grid of buy and sell orders within a specified price range. It will continuously monitor the price and place new orders whenever the price enters a new grid level.

Remember to replace 'YOUR_API_KEY' and 'YOUR_SECRET_KEY' with your actual API keys. Also, you should handle exceptions and implement logging in the production environment.

Also, please note that I used the ccxt library for accessing the Binance API. You can install it using pip:

pip install ccxt

This code does not include any risk management or error handling, which are crucial for a real trading bot. It's a simple illustration of how a grid trading bot might be structured.

CodingBull-dev / Story-Bot