Currently not being maintained

BitMEX trading tool

This project is a trading tool based on BitMEX API (Binance coming next). This project has a long way to go before becoming an actual usable tool. If you notice any bugs, open an issue.

Table of Contents

• Current Features
• Built With
• Getting Started
  • Prerequisites
  • Installation
• Usage
• Distributions
• Roadmap
• License
• Useful material

Current Features

• Scaled orders:

  • Place up to 30 orders in a range at once (BitMEX limit)

  • Uniform, Normal, Positive or Negative order placing distributions; (see Distributions section);

  • (Optional) You can also add a stop-loss;

  • "Preview" displays your scaled order, average entry and possible risk if stop-loss is provided.

  

• Shows current prices:

  • Based on the latest ask price;

  • Fetched via Websocket;

  • BTC, ETH and XRP (currently).

• Market Order:

  • Place a sell or buy market order;
  • Faster over using the website.

• Trailing Order:

  • Places a trailing limit order near market price;

  • The order is ammended automatically, so the order moves with the price if it doesn't get filled;

  • You can use it to get your fills without doing a market order and paying fees, or you can push markets with it.

  

• Cross Market Order: (currently disabled)

  • Ability to add a cross order;
  • if you set a sell cross price below current price, it will trigger a market sell order as soon as the price crosses your cross order price;
  • if you set a buy cross price above current price, it will trigger a market buy order as soon as the price crosses your cross order price;
  • if you set a sell cross order price above current price, it will trigger a market sell order when the current price crosses up and then down of the set cross price;
  • if you set a buy cross order price below current price, it will trigger a market buy order when the current price crosses down and then up of the set cross price.

• Open Orders:

  • See currently open orders;
  • Add profit targets for open orders (uses limit stop-loss orders to achieve that);
  • Cancel any open/profit order(s);

Built With

The Backend was built using Node + Express and the Frontend, React + Redux. Styled components were taken from Chakra UI

Getting Started

• Create a BitMEX account;

  (If you are new to BitMEX, consider using my affiliate link to get 10% off the fees for 6 months. If you are someone who doesn't gets his orders filled with market orders, getting the 10% discount also reduces the money you get back for limit orders. So it is not recommended)

• Get API keys:

  • Account > API keys > Create API key;
  • Key Permissions : Order;
  • Withdraw: Unchecked;

Prerequisites

• Nodejs
• Git (for cloning the repository)

Installation

1. Clone the repo:

git clone https://github.com/Effanuel/Bitmex-scaled-orders.git
cd Bitmex-scaled-orders-master/

2. Enter your API keys in .env (no quotes are needed):

REACT_APP___API_KEY =
REACT_APP___API_SECRET =
REACT_APP___TESTNET = false
REACT_APP___LOG_LEVEL = info

3. Install NPM packages for client and server:

cd api/
npm run init:packages

Disclaimer: You need to set API keys before building the application. If you make a typo and only notice after a build, do
npm run clean and npm build

Disclaimer: If you set TESTNET to true, you need to create a Testnet account and set the API keys appropriately. Your main BitMEX account API won't work with TESTNET option set to true.

4. Build the application:

npm run build

TLDR setup:

git clone https://github.com/Effanuel/Bitmex-scaled-orders.git
cd Bitmex-scaled-orders/

• Put API keys in .env

cd api/
npm run init:packages
npm run build
npm run prod

Usage

After building you just need to run the application:

cd Bitmex-scaled-orders/api
npm run prod

Distributions

These are the available distributions to choose from:

Probability density function is used to calculate distributions:

Roadmap

• Faster price update;
• Stepping stop-loss;
• Custom order/profit target placement;
• Bitfinex/Binance API;
• Easier API setup;
• Multiple accounts for every platform;
• Saving cache;

• Settings for multiple ticker subscriptions;

License

Distributed under the MIT License. See LICENSE for more information.

Useful Material

• BitMEX Survival Guide
• Crypto news
• BitMEX position calculator