All Projects → alex-bormotov → breakout-trader

alex-bormotov / breakout-trader

Licence: MIT License
Trading bot for Binance with breakout trading strategy.

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python
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Trading bot for Binance with breakout trading strategy

Codacy Badge

Disclaimer

This software is for educational purposes only. Do not risk money which you are afraid to lose. USE THE SOFTWARE AT YOUR OWN RISK. THE AUTHOR AND ALL AFFILIATES ASSUME NO RESPONSIBILITY FOR YOUR TRADING RESULTS.

Always start by running a trading bot in Paper trading mode and do not engage money before you understand how it works and what profit/loss you should expect.

Features

Breakout strategy - after starting the bot will be waiting for huge price movements and when it happened bot immediately bought the coin, and after that starts trailing stop loss for taking a profit. For example - if price down by 20% lasts 5 minutes bot detects it and immediately buys the coin and starts trailing stop loss when trailing step will be achieved bot execute sell order. This works because after any huge price movement immediately starts price correction in the opposite direction.

Paper trading.

Telegram notifications.

Possibilities use "Long" or "Short" trade directions.

Install (Ubuntu + Docker)

git clone https://github.com/alex-bormotov/breakout-trader
cd breakout-trader
cp config/config.json.sample config/config.json

Edit config/config.json

Set paper balance in config/paper_balance.json

sudo chmod +x docker_ubuntu_install.sh && sudo ./docker_ubuntu_install.sh
sudo docker run -d --rm --mount src=`pwd`/config,target=/breakout-trader/config,type=bind skilfulll1/breakout-trader:latest
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