Automated Binance trading bot with trailing buy/sell strategy
This is a test project. I am just testing my code.
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.
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 supports multiple buy/sell orders based on the configuration.
- 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.
The bot will continuously monitor the coin based on the grid trade configuration.
For grid trade #1, the bot will place a STOP-LOSS-LIMIT order to buy when the current price reaches the lowest price. 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.
After grid trade #1, the bot will monitor the COIN based on the last buy price.
- The bot will not place a buy order of the grid trade #1 if has enough coin (typically over $10 worth) to sell when reaches the trigger price for selling.
- The bot will remove the last buy price if the estimated value is less than the last buy price removal threshold.
Let say, if the buy grid trade configurations are set as below:
- Number of grids: 2
- Grids
No# Trigger Percentage Stop Price Percentage Limit price percentage USDT 1 1 1.05 1.051 50 2 0.8 1.03 1.031 100
To make it easier to understand, I will use $
as a USDT symbol. For the simple calculation, I do not take an account for the commission. In real trading, the quantity may be different.
Your 1st grid trading for buying is configured as below:
- Grid No#: 1
- Trigger percentage: 1
- Stop percentage: 1.05 (5.00%)
- Limit percentage: 1.051 (5.10%)
- Max purchase amount: $50
And the market is as below:
- Current price: $105
- Lowest price: $100
- Trigger price: $100
When the current price is falling to the lowest price ($100) and lower than ATH(All-Time High) restricted price if enabled, the bot will place new STOP-LOSS-LIMIT order for buying.
- Stop price: $100 * 1.05 = $105
- Limit price: $100 * 1.051 = $105.1
- Quantity: 0.47573
Let's assume the market changes as below:
- Current price: $95
Then the bot will follow the price fall and place new STOP-LOSS-LIMIT order as below:
- Stop price: $95 * 1.05 = $99.75
- Limit price: $95 * 1.051 = $99.845
- Quantity: 0.5
Let's assume the market changes as below:
- Current price: $100
Then the bot will execute 1st purchase for the coin. The last buy price will be recorded as $99.845
. The purchased quantity will be 0.5
.
Once the coin is purchased, the bot will start monitoring the sell signal and at the same time, monitor the next grid trading for buying.
Your 2nd grid trading for buying is configured as below:
- Grid#: 2
- Current last buy price: $99.845
- Trigger percentage: 0.8 (20%)
- Stop percentage: 1.03 (3.00%)
- Limit percentage: 1.031 (3.10%)
- Max purchase amount: $100
And if the current price is continuously falling to $79.876
(20% lower), then the bot will place new STOP-LOSS-LIMIT order for the 2nd grid trading for the coin.
Let's assume the market changes as below:
- Current price: $75
Then the bot will follow the price fall and place new STOP-LOSS-LIMT order as below:
- Stop price: $75 * 1.03 = $77.25
- Limit price: $75 * 1.031 = $77.325
- Quantity: 1.29
Let's assume the market changes as below:
- Current price: $78
Then the bot will execute 2nd purchase for the coin. The last buy price will be automatically re-calculated as below:
- Final last buy price: ($50 + $100)/(0.5 COIN + 1.29 COIN) = $83.80
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 of the grid trade #1. Once the current price reaches the trigger price of the grid trade #1, 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 bot does not have a record for the last buy price, the bot will not sell the coin.
- If the coin is worth less than the last buy price removal threshold, then the bot will remove the last buy price.
- If the coin is not worth than the minimum notional value, then the bot will not place an order.
Let say, if the sell grid trade configurations are set as below:
- Number of grids: 2
- Grids
No# Trigger Percentage Stop Price Percentage Limit price percentage Sell Quantity Percentage 1st 1.05 0.97 0.969 0.5 2nd 1.08 0.95 0.949 1
Unlike buy, the sell configuration will use the percentage of a quantity. If you want to sell all of your coin quantity, then simply configure it as 1
(100%).
From the last buy actions, you now have the following balances:
- Current quantity: 1.79
- Current last buy price: $83.80
Your 1st grid trading for selling is configured as below:
- Grid No# 1
- Trigger percentage: 1.05
- Stop price percentage: 0.97
- Limit price percentage: 0.969
- Sell amount percentage: 0.5
Let's assume the market changes as below:
- Current price: $88
As the current price is higher than the sell trigger price($87.99), then the bot will place new STOP-LOSS-LIMIT order for selling.
- Stop price: $88 * 0.97 = $85.36
- Limit price: $88 * 0.969 = $85.272
- Quantity: 0.895
Let's assume the market changes as below:
- Current price: $90
Then the bot will follow the price rise and place new STOP-LOSS-LIMIT order as below:
- Stop price: $90 * 0.97 = $87.30
- Limit price: $90 * 0.969 = $87.21
- Quantity: 0.895
Let's assume the market changes as below:
- Current price: $87
Then the bot will execute 1st sell for the coin. Then the bot will now wait for 2nd selling trigger price ($83.80 * 1.08 = $90.504).
- Current quantity: 0.895
- Current last buy price: $83.80
Let's assume the market changes as below:
- Current price: $91
Then the current price($91) is higher than 2nd selling trigger price ($90.504), the bot will place new STOP-LOSS-LIMIT order as below:
- Stop price: $91 * 0.95 = $86.45
- Limit price: $91 * 0.949 = $86.359
- Quantity: 0.895
Let's assume the market changes as below:
- Current price: $100
Then the bot will follow the price rise and place new STOP-LOSS-LIMT order as below:
- Stop price: $100 * 0.95 = $95
- Limit price: $100 * 0.949 = $94.9
- Quantity: 0.895
Let's assume the market changes as below:
- Current price: $94
Then the bot will execute 2nd sell for the coin.
The final profit would be
- 1st sell: $94.9 * 0.895 = $84.9355
- 2nd sell: $87.21 * 0.895 = $78.05295
- Final profit: $162 (8% profit)
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.
- Manual trade
- Convert small balances to BNB
- Trade all symbols
- Monitoring multiple coins simultaneously
- Stop-Loss
- Restrict buying with ATH price
- Grid Trade for buy/sell
React.js based frontend communicating via Web Socket:
- List monitoring coins with buy/sell signals/open orders
- View account balances
- View open/closed trades
- Manage global/symbol settings
- Delete caches that are not monitored
- Link to public URL
- Support Add to Home Screen
- Secure frontend
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.
-
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 BINANCE_AUTHENTICATION_ENABLED Enable/Disable frontend authentication true BINANCE_AUTHENTICATION_PASSWORD Frontend password 123456 BINANCE_LOG_LEVEL Logging level. Possible values described on bunyan
docs.ERROR A local tunnel makes the bot accessible from the outside. Please set the subdomain of the local tunnel as a subdomain that only you can remember. You must change the authentication password; otherwise, it will be configured as the default password.
-
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 want development/test mode, then run below commands:
docker-compose up -d --build
-
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
-
In Portainer create new Stack
-
Copy content of
docker-stack.yml
or upload the file -
Set environment keys for
binance-bot
in thedocker-stack.yml
-
Launch and open browser
http://0.0.0.0:8080
to see the frontend
Password Protected | Frontend Mobile |
---|---|
Setting | Manual Trade |
---|---|
Frontend Desktop | Closed Trades |
---|---|
Chart | Buy Orders | Sell Orders |
---|---|---|
Please refer CHANGELOG.md to view the past changes.
- Improve sell strategy with conditional stop price percentage based on the profit percentage - #94
- Add sudden drop buy strategy - #67
- Manage setting profiles (save/change/load?/export?) - #151
- Improve notifications by supporting Apprise - #106
- Support cool time after hitting the lowest price before buy - #105
- 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
- Non linear stop price and chase function - #246
- Support STOP-LOSS configuration per grid trade for selling - #261
- Support triggering buy automatically to rescheduled if the price is over the ATH
- Allow to execute stop-loss before buy action - #299
If you find this project helpful, feel free to make a small donation to the developer.
- @d0x2f
- And many others! Thanks guys!
Thanks to all contributors ❤️ Click to see our heroes
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!