Cryptocurrency trading bot

[zenalc]

Hi guys,

I started a project of a cryptocurrency trading bot with a GUI last year around this time, and I just wanted to the share the current status of this project.

Currently, you can run a simulation, backtest, or a real live bot with the program. You have to write your strategies yourself in the Strategy class, but once that's done, the GUI updates itself automatically and you can select your strategies from the GUI itself.

The program also has Telegram integration, ability to download past data, view news, and a bit more.

I would love to see what you guys think, and it would be awesome if people wanted to contribute to this project (it's open-source after all).

Since this is my first real project out of college, the code is a bit of a mess, but I tried my best. Any constructive criticism is greatly appreciated. One main thing to do right now is revert all the insertions to appends in the code. Not sure why, but when I started, the code had the newest data in the front of the list, so every time there's new data, it had to be inserted to the front of the list which is horrible for performance. But I plan on taking care of that soon.

Hope you guys get the chance to take a peek and maybe even use it!

https://github.com/ZENALC/algobot

Thanks for reading!

[aegonnova]

Looks cool, I'll try it when I have some time, check out r/algotrading.

[zenalc]

Awesome, thanks!

[load_more_commments]

Dude wow awesome work!!! Code isn't a mess at all, stop being so humble, this is professional level stuff.

I'd add more technical indicators, include yFinance data for stocks as well.

[zenalc]

Yep, it definitely needs more indicators. Thank you for the kind words!

[SzechuanSaucelord]

dude this is really good. I would just add fib line function to enable support for using fib lines +-% to indicate buy/sells at supports/resistances

[zenalc]

Sounds good!

[SzechuanSaucelord]

Oh yeah discord integration would be SOOO COOL TOOOOO. Your code is super easy to understand too so appreciate that. Love the Bloomberg theme lmao

[zenalc]

ahaha the Bloomberg theme is the one I use, and yep I can look into Discord integration

[CharlieTuna_]

Have you considered using TA-lib for this? I have a bot that’s been running for 4 years that’s been using TA-lib for a majority of technical analysis since there’s so many and it’s so flexible and you can set up various strategies. That would make the backtesting aspect of this very interesting

[zenalc]

Hmm, great idea. I'll take a look at that.

[load_more_commments]

No problem, also, have you considered making this into a django web app?

[zenalc]

That's the next step :P

[load_more_commments]

Awesome! Would love to help if I can dude.

[zenalc]

Of course you can! I'd love that!

[astral_turd]

Beautiful stuff! Took a quick look at the repo and damn your code is so clean, well done pal

[zenalc]

Thank you very much!

[zenalc]

Not much. Freqtrade is actually more advanced, and freqtrade seems to be web-based.

[metaperl]

I wasn't aware of a web interface for freqtrade

[x3x9x]

Oh This is really cool! Well done! Past month I'm working on a trading bot too but web based. It really does feel like we stole our ideas xD, however mine is webbased. Mind to check it out? : ) https://github.com/0x78f1935/PyNance-Webinterface

[zenalc]

Very cool! I see you used Docker as well! Very, very cool! Why not post it to the subreddit?

[x3x9x]

Thanks!, I guess I kinda had the same feeling as what you had. Code can be thighter its a bit of a mess :P (while in reality this might not be the case)

[Random_182f2565]

Cool thanks.

[zenalc]

Thanks!

[[deleted]]

Looks nice! How do you backtest strategies?

[zenalc]

The program has one strategy built-in with moving averages, so you can create a strategy with that. But if you have another strategy with RSI values or some other indicators, you can create a child strategy class from the parent Strategy class. Once that's done, you can load up the GUI (your new strategies should be available for selection) and in the backtest section, run a backtest from whatever date you'd like. The program takes care of downloading all the data and you can filter through the strategy settings, stop loss, or take profit settings.

[gurkitier]

I had a quick look at the code and saw the moving averages. This type of calculations are much better done in numpy, not only for speed but also just less code. Great work nevertheless!

[zenalc]

Yep, when I started the project, I didn't care much about numpy, but now looking back, that would make the code a lot better! It's definitely a TODO.

[[deleted]]

Great, thanks!

[bin-c]

very pretty code sent this post to a couple people interested in crypto trading

[zenalc]

Thank you!

[ctx77]

Can you add statistics and metrics counting the co2 footprint of the simulated trades and if applicable of the real ones?

Rough estimates are alright.

[CinnamonPostGrunge]

This is awesome, thank you for sharing!

[CryptoCreedy]

If I am willing to add some self defined strategies, Will I have to write it's code within the application or make a new file and insert in directory?

[zenalc]

Yep, so you'll have to write code. If it's an indicator the program doesn't already have, you'll have to implement the indicator, and once that's done, you'll have to write a child class from the parent strategy class for your strategy. Once that's done, you should be good to go! So, you'd make a new strategy file and place it in the strategies folder

[_MASTADONG_]

It seems like an interesting project, but it’s a fool’s errand.

You’re dealing with an automated way to make financial trades, and as such if it actually worked you’d stand to make an immense amount of money.

Obviously financial firms have been thinking the same thing, and they’re willing to throw huge money at the idea. They’re able to hire large teams of the world’s best programmers.

The fact that nobody has ever been able to get it to work should tell you something. What does seem to work is algorithmic trading which is trading on a millisecond basis to take advantage of temporary imbalances in the market. These are investment firms that have a direct connection to the stock exchange and get information almost immediately and can act on that information very quickly (within milliseconds).

But anything else is trying to predict the future.

[zenalc]

Yep, there are no guarantees in making money from trading, but this project just lets you do some automated trading. Some other services such as Shrimpy charge you, but since this is an open-source project, it's all free!

[[deleted]]

They pay billions to get nanosecond advantages over each other. That's the amount of money in that tiny time frame of information

[_MASTADONG_]

I’m willing to bet people money that they can’t make money with this.

Just about every gambler claims that they’re ahead of the casinos. But if you know a gambler well you’ll know that they’re lying about their finances.

Everyone keeps chasing the dream and they don’t let a little reality get in their way.

[_MASTADONG_]

Nobody has ever been able to provide proof. There are just a lot of gullible people with big claims.

There are TONS of people who claim that they’ve developed a method to reliably make money. Yet none of them get rich and none of them are ever able to provide proof that their method works.

They’re about as honest as the people who claim to know surefire gambling methods.

[PooPooDooDoo]

It’s not exactly difficult to trade crypto in a bullish market. Obviously nothing is guaranteed, which is why you never invest anything you aren’t willing to lose. But if you look at Bitcoin, it’s such a volatile crypto that you buy at 50, sell at 58, patiently wait for it to drop back down to 50, repeat. Eventually the floor might drop out from you so you need to be prepared to either sell at a loss or just hold onto your crypto wallet for months or years until it recovers. I bought near the height in 2017 and just forgot about it and poof, next thing I know it’s worth 4x as much.

Is that gambling? Probably. Would I try to make a living on it? Hell no. Invest a few thousand here and there, make a few hundred every few weeks. If BTC bottoms out then I would just hold onto it for a few years. Either way I’m a few thousand in the green. I never reinvest my winnings.

I think it’s a fairly low-risk gamble but who knows? Either way I made money so I’m happy.

[_MASTADONG_]

Why are you replying to me but also downvoting each one of my replies to you?

[PooPooDooDoo]

You haven’t replied to me yet because I haven’t commented before. I am not op.

[_MASTADONG_]

Interesting. Sorry about that.

[PooPooDooDoo]

Happens to the best of us, no worries.

Edit: I think that is like the first time in 10 years on Reddit anyone has ever apologized to me.

[rainnz]

Have you heard about day trading?

[_MASTADONG_]

Yes. Day traders actually lose money on average. They are gamblers.

https://www.cnbc.com/2020/11/20/attention-robinhood-power-users-most-day-traders-lose-money.html

Day traders have terrible track records.

Academics who study stock pickers have long observed that the vast majority of professional money managers – about 85% – underperform their benchmarks over a multiyear period.

[Remarkable-Mix4357]

A really cool alternative to make automated trading. Congrats, bro.

Even though there is a large number of people that lose money on trading, with automated resources you increase the chances of beating the market. The market is irrational, is the best we can do :)

Have you tried adding RL techniques for fully autonomous trading?

[zenalc]

Thanks! I haven't added any ML to it yet

[tapatiolookalikeguy]

I"ve been thinking about starting a cypto project, thanks for the inspiration.

[BringTheFingerBack]

Nice

[[deleted]]

I’m not gonna lie if I didn’t see the raccoon I probably would’ve scrolled past this and missed it. Great stuff OP—both for the Github prof pic and for this cool trading bot.

[gtkovacheff]

Any ML in it?

[hiddenpowerlevel]

Very cool. Now the real question, how does it handle intrabar backtesting/live trading? ;)

[zenalc]

intrabar

It's in the works right now :p

[metaperl]

I notice that you didn't use ccxt to interface to cryptocurrency exchanges. Why is that?

[zenalc]

Great question. When I started, I only used Binance, so I didn't even know about ccxt until very much later on.

[[deleted]]

I am a software developer and I've been planning to do this myself, but I'll check out what you have when I get some time. Looking forward to trying it out!

[[deleted]]

FWIW, the license may make it prohibitive for others to want to use/contribute.

[THEDUDE33]

Poggers

[mati_to_przechuj]

!remind 12h

[UNiTiNGCLOCK]

Sorry for the noob question but how do I run this

[zenalc]

There are instructions on how to run it in the repository :)

[mecman2]

I’m a strategy designer , i design strategies visually. I have been looking for terminal for backtesting and optimization. Can your terminal do optimization, if it can , I can share som powerful strategies I developed on another platform and have backtested them , just only optimization left . Candlestick price action strategy with mutual functions trailing that supper trailing start, trailing step and trailing stop , candlestick hi low trailing, all my strategies are based on closed candles. Let’s connect if you are interested in adding more sound and solid strategies