Provides a dynamic stop-loss that automatically adjusts as the price increases or decreases (depending on mode specified)
Clone the repository
git clone https://github.com/sf04/Binance-Trailing-Stop-Loss
Install required libraries
apt-get install python-pip -y
pip install ccxt
Obtain an API key here
Then modify config.py and insert your API key and secret
Usage
$ python main.py --help
usage: main.py [-h] --symbol SYMBOL --size SIZE --type TYPE
[--interval INTERVAL]
optional arguments:
-h, --help show this help message and exit
--symbol SYMBOL Market Symbol (Ex: NEO/BTC - NEO/USDT)
--size SIZE How many satoshis (or USD) the stop loss should be
placed above or below current price
--type TYPE Specify whether the trailing stop loss should be in
buying or selling mode. (Ex: 'buy' or 'sell')
--interval INTERVAL How often the bot should check for price changes
Important note
If you are running in sell mode, it is assumed that you have already purchased the coins. If you are running in buy mode, it will use the total available balance in the base (USDT, BTC, etc). I will likely add an option later to specify investment ratio.
Buy mode
If the buy option is set, the bot will initially place a stop-loss size satoshis (or USD) above the current market price. As the price goes lower, the stop-loss will get dragged with it, staying no higher than the size specified. Once the price crosses the stop-loss price, a buy order is executed.
Sell mode
If the sell option is set, the bot will initially place a stop-loss size satoshis (or USD) below the current market price. As the price goes higher, the stop-loss will get dragged with it, staying no lower than the size specified. Once the price crosses the stop-loss price, a sell order is executed.
Size
This is the amount in satoshis (or USD) you would like the stop-loss to be retained at. The difference between the current price and stop-loss will never be larger than this amount.
Released under GPLv3.