CyberPunkMetalHead / Binance-volatility-trading-bot

This is a fully functioning Binance trading bot that measures the volatility of every coin on Binance and places trades with the highest gaining coins If you like this project consider donating though the Brave browser to allow me to continuously improve the script.
MIT License
3.39k stars 774 forks source link

Averaging feature... #203

Open angelassets opened 3 years ago

angelassets commented 3 years ago

Awesome bot. Does make profits. Here are some suggestions that will make it even more top notch: 1) Start of the script must syncronise with the start of the trading interval. 2) When bot resumes from a pause because of a bearish market, it should try to average out the held coins that would otherwise trigger a stoploss. Cheers Orlando

celltronic01 commented 3 years ago

I did make a similar suggestion under moonings.py but haven't heard anything back as of yet. This was a while ago

Hi there I have a suggestion. Please, if not much of a bother. 1: How about adding cost averaging. Such as, Max Amount per trade =$X, Max Amount per coin = $X, Max Number of coins to hold =X If Coin is already in coins bought, and current price of coin is less then coin price in coins bought for, and total of Max Amount per coins($) is less then Max amount per coin($), then buy coin again and update volume quantity, and update bought for price by average cost and keep buying each time the price drops till Max Amount$ per coin is reached.

angelassets commented 3 years ago

Bump! offering bounty for averaging feature... any takers?