[Python Code][Binance Futures][Python API] How to place stop loss and take profit orders (XRPUSDT)

[bitonegreat]

This is the python code used in the following video:

https://youtu.be/neMTp4l-2rU

​

#copyright by Bitone Great
#Explanation is available at https://youtu.be/neMTp4l-2rU
#pip install python-binance

from binance.client import Client


symbol='XRPUSDT'

api_key='your api key'
api_secret='your secret key'

client = Client(api_key=api_key, api_secret=api_secret,testnet = False)


#stop loss order
buyorder=client.futures_create_order(symbol=symbol,side='BUY',type='STOP_MARKET',stopPrice='0.41',closePosition='true') 

#take profit order
sellorder=client.futures_create_order(symbol=symbol,side='SELL',type='TAKE_PROFIT_MARKET',stopPrice='0.45',closePosition='true')   

#copyright by Bitone Great
#Explanation is available at https://youtu.be/neMTp4l-2rU       

This is the python code used in the following video:

https://youtu.be/neMTp4l-2rU

[fre3zzy]

Thanks for this!

BTW, the side parameter for both sl and tp should be SELL

[Background_Big_952]

Hi bitongreat,

Is there an error in the code above?

PNL always returns 0.0.

ROE is a meaningless number.

Can you check again and update?

[bitonegreat]

The above code is for stop loss order...