Binance Trading Bot

Automated Binance trading bot with trailing buy/sell strategy

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This is a test project. I am just testing my code.

Warnings

I cannot guarantee whether you can make money or not.

So use it at your own risk! I have no responsibility for any loss or hardship incurred directly or indirectly by using this code. Read disclaimer before using this code.

Before updating the bot, make sure to record the last buy price in the note. It may lose the configuration or last buy price records.

Latest changes

Support all symbols

The bot is now supporting all symbols such as ETHBTC, XRPBTC. As a result, the maximum purchase amount configuration has been updated in the global configuration.

The max purchase amount now can be configured for the quote asset. The quote asset is the coin you use to buy the base asset. For example, for BTCUSDT, BTC is the base asset, USDT is the quote asset.

In the global configuration, you would see a field for "Maximum purchase amount for USDT". If you configure this, any newly added symbols, which uses USDT would be applied for the configured maximum purchase amount.

A default value will be dynamically calculated based on the symbol's minimum notional value.

Support monitoring multiple coins simultaneously

The bot is now monitoring all coins every second. However, updating the indicators for the symbol cannot update every second because of the API limit. As a result, I had to introduce the lock mechanism for the symbol. The frontend will display the lock icon when the symbol is updating the indicators in the background. During updating the indicators, the bot will not process the order.

If interested, take a look this PR #77

Support Stop-Loss

The bot is now supporting Stop-Loss for preventing the loss than configured. In the configuration, you can enable Stop-Loss and set the maximum loss percentage along with the minutes of disabling buying action. The bot will calculate the Stop-Loss trigger price based on the last buy price.

For example, let's assume it is configured Max loss percentage to be 0.8 and Temporary disable for buying to be 60. The last buy price is $100. Then the bot will calculate the Stop-Loss trigger price as $80. When the current price reaches $80, the bot will place the market order.

At the moment, the bot only supports the market order.

How it works

Trailing Buy/Sell Bot

This bot is using the concept of trailing buy/sell order which allows following the price fall/rise.

Trailing Stop Orders About Trailing Stop Orders Concept you can find at Binance Official document

TL;DR Place orders at a fixed value or percentage when the price changes. Using this feature you can buy at the lowest possible price when buying down and sell at the highest possible price when selling up.

• The bot can monitor multiple symbols. All symbols will be monitored per second.
• The bot is using MongoDB to provide a persistence database. However, it does not use the latest MongoDB to support Raspberry Pi 32bit. Used MongoDB version is 3.2.20, which is provided by apcheamitru.
• The bot is tested/working with Linux and Raspberry Pi 4 32bit. Other platforms are not tested.

Buy Signal

The bot will continuously monitor the lowest value for the period of the candles. Once the current price reaches the lowest price, then the bot will place a STOP-LOSS-LIMIT order to buy. If the current price continuously falls, then the bot will cancel the previous order and re-place the new STOP-LOSS-LIMIT order with the new price.

• The bot will not place a buy order if has enough coin (typically over $10 worth) to sell when reaches the trigger price for selling.

Buy Scenario

Let say, if the buy configurations are set as below:

• Maximum purchase amount: $50
• Trigger percentage: 1.005 (0.5%)
• Stop price percentage: 1.01 (1.0%)
• Limit price percentage: 1.011 (1.1%)

And the market is as below:

• Current price: $101
• Lowest price: $100
• Trigger price: $100.5

Then the bot will not place an order because the trigger price ($100.5) is less than the current price ($101).

In the next tick, the market changes as below:

• Current price: $100
• Lowest price: $100
• Trigger price: $100.5

The bot will place new STOP-LOSS-LIMIT order for buying because the current price ($100) is less than the trigger price ($100.5). For the simple calculation, I do not take an account for the commission. In real trading, the quantity may be different. The new buy order will be placed as below:

• Stop price: $100 * 1.01 = $101
• Limit price: $100 * 1.011 = $101.1
• Quantity: 0.49

In the next tick, the market changes as below:

• Current price: $99
• Current limit price: $99 * 1.011 = 100.089
• Open order stop price: $101

As the open order's stop price ($101) is higher than the current limit price ($100.089), the bot will cancel the open order and place new STOP-LOSS-LIMIT order as below:

• Stop price: $99 * 1.01 = $99.99
• Limit price: $99 * 1.011 = $100.089
• Quantity: 0.49

If the price continuously falls, then the new buy order will be placed with the new price.

And if the market changes as below in the next tick:

• Current price: $100

Then the current price reaches the stop price ($99.99); hence, the order will be executed with the limit price ($100.089).

Sell Signal

If there is enough balance for selling and the last buy price is recorded in the bot, then the bot will start monitoring the sell signal. Once the current price reaches the trigger price, then the bot will place a STOP-LOSS-LIMIT order to sell. If the current price continuously rises, then the bot will cancel the previous order and re-place the new STOP-LOSS-LIMIT order with the new price.

• If the coin is worth less than typically $10 (minimum notional value), then the bot will remove the last buy price because Binance does not allow to place an order of less than $10.
• If the bot does not have a record for the last buy price, the bot will not sell the coin.

Sell Scenario

Let say, if the sell configurations are set as below:

• Trigger percentage: 1.05 (5.0%)
• Stop price percentage: 0.98 (-2.0%)
• Limit price percentage: 0.979 (-2.1%)

And the market is as below:

• Coin owned: 0.5
• Current price: $100
• Last buy price: $100
• Trigger price: $100 * 1.05 = $105

Then the bot will not place an order because the trigger price ($105) is higher than the current price ($100).

If the price is continuously falling, then the bot will keep monitoring until the price reaches the trigger price.

In the next tick, the market changes as below:

• Current price: $105
• Trigger price: $105

The bot will place new STOP-LOSS-LIMIT order for selling because the current price ($105) is higher or equal than the trigger price ($105). For the simple calculation, I do not take an account for the commission. In real trading, the quantity may be different. The new sell order will be placed as below:

• Stop price: $105 * 0.98 = $102.9
• Limit price: $105 * 0.979 = $102.795
• Quantity: 0.5

In the next tick, the market changes as below:

• Current price: $106
• Current limit price: $103.774
• Open order stop price: $102.29

As the open order's stop price ($102.29) is less than the current limit price ($103.774), the bot will cancel the open order and place new STOP-LOSS-LIMIT order as below:

• Stop price: $106 * 0.98 = $103.88
• Limit price: $106 * 0.979 = $103.774
• Quantity: 0.5

If the price continuously rises, then the new sell order will be placed with the new price.

And if the market changes as below in the next tick:

• Current price: $103

The the current price reaches the stop price ($103.88); hence, the order will be executed with the limit price ($103.774).

Sell Stop-Loss Scenario

Let say, if the sell Stop-Loss configurations are set as below:

• Max loss percentage: 0.90
• Temporary disable for buying (minutes): 60

And the market is as below:

• Current price: $95
• Last buy price: $100
• Stop-Loss price: $90

Then the bot will not place a Stop-Loss order because the Stop-Loss price ($90) is less than the current price ($95).

If the price is continuously falling, then the bot will keep monitoring until the price reaches the Stop-Loss price.

In the next tick, the market changes as below:

• Current price: $90
• Stop-Loss price: $90

The bot will place new MARKET order for selling because the current price ($90) is less or equal than the Stop-Loss price ($90). In real trading, the quantity may be different.

The bot will also set the symbol to be temporarily disabled for 60 minutes to avoid buying/sell continuously. In the frontend, the action will display the pause icon and how long left to be enabled again. The symbol can be enabled by clicking the play icon.

Frontend + WebSocket

React.js based frontend communicating via Web Socket:

• List monitoring coins with buy/sell signals/open orders
• View account balances
• Manage global/symbol settings
• Delete caches that are not monitored
• Link to public URL
• Support Add to Home Screen

Environment Parameters

Use environment parameters to adjust parameters. Check /config/custom-environment-variables.json to see list of available environment parameters.

Or use the frontend to adjust configurations after launching the application.

How to use

1. Create .env file based on .env.dist.

   Environment Key	Description	Sample Value
   BINANCE_LIVE_API_KEY	Binance API key for live	(from Binance)
   BINANCE_LIVE_SECRET_KEY	Binance API secret for live	(from Binance)
   BINANCE_TEST_API_KEY	Binance API key for test	(from Binance Spot Test Network)
   BINANCE_TEST_SECRET_KEY	Binance API secret for test	(from Binance Spot Test Network)
   BINANCE_SLACK_ENABLED	Slack enable/disable	true
   BINANCE_SLACK_WEBHOOK_URL	Slack webhook URL	(from Slack)
   BINANCE_SLACK_CHANNEL	Slack channel	"#binance"
   BINANCE_SLACK_USERNAME	Slack username	Chris
   BINANCE_LOCAL_TUNNEL_ENABLED	Enable/Disable local tunnel	true
   BINANCE_LOCAL_TUNNEL_SUBDOMAIN	Local tunnel public URL subdomain	binance

2. Launch/Update the bot with docker-compose

   Pull latest code first:

   git pull

   If want production/live mode, then use the latest build image from DockerHub:

   docker-compose -f docker-compose.server.yml pull
   docker-compose -f docker-compose.server.yml up -d

   Or if using Raspberry Pi 4 32bit, must build again for Raspberry Pi:

   npm run docker:build
   docker-compose -f docker-compose.rpi.yml up -d

   Or if want development/test mode, then run below commands:

   docker-compose up -d --build

3. Open browser http://0.0.0.0:8080 to see the frontend

   • When launching the application, it will notify public URL to the Slack.
   • If you have any issue with the bot, you can check the log to find out what happened with the bot. Please take a look Troubleshooting

Install via Stackfile

1. In Portainer create new Stack

2. Copy content of docker-stack.yml or upload the file

3. Set environment keys for binance-bot in the docker-stack.yml

4. Launch and open browser http://0.0.0.0:8080 to see the frontend

Screenshots

Frontend Mobile	Setting

Frontend Desktop

Sample Trade

Chart	Buy Orders	Sell Orders

Changes & Todo

Please refer CHANGELOG.md to view the past changes.

• Update the bot to monitor all coins every second - #52
• Display release version to the frontend - #59
• Improve frontend & settings UI - #93 #85
• Support all symbols - #104
• Add stop loss feature - #99
• Add manual buy/sell feature -#100
• Improve sell strategy with conditional stop price percentage based on the profit percentage - #94
• Add sudden drop buy strategy - #67
• Support Grid strategy for buy/sell to mitigate loss/increasing profit - #158
• Improve buy strategy with restricting purchase if the price is close to ATH - #82
• Secure frontend with the password authentication
• Display summary of transactions on the frontend - #160
• Add minimum required order amount - #84
• Manage setting profiles (save/change/load?/export?) - #151
• Filter symbols in the frontend - #120
• Improve notifications by supporting Apprise #106
• Support cool time after hitting the lowest price before buy - #105
• Add frontend option to disable sorting or improve sorting
• Reset global configuration to initial configuration - #97
• Support limit for active buy/sell orders - #147
• Develop simple setup screen for secrets
• Support multilingual frontend - #56

Donations

If you find this project helpful, feel free to make a small donation to the developer.

Acknowledgments

• @d0x2f
• And many others! Thanks guys!

Contributors

Thanks for all contributors. Click to see our heroes

Disclaimer

I give no warranty and accepts no responsibility or liability for the accuracy or the completeness of the information and materials contained in this project. Under no circumstances will I be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting from or arising directly or indirectly from your use of or inability to use this code or any code linked to it, or from your reliance on the information and material on this code, even if I have been advised of the possibility of such damages in advance.

So use it at your own risk!