Automated BTC Trading Bot

This is a simple, open-source automated trading bot for Bitcoin (BTC), created as a project by a Computer Science major. The bot is designed to execute trades on the Binance exchange based on various technical analysis indicators. The project is licensed under the MIT License.

Features

• Connects to Binance API for live trading or paper trading (testnet).
• Implements a configurable trading strategy using indicators such as SMA, RSI, MACD, and Bollinger Bands.
• Manages trades with risk control measures like stop-loss and trailing stop.
• Logs and displays trade execution details and profit tracking.

Installation

Prerequisites

• Python 3.8 or higher
• Binance account (for live trading)

Step-by-step installation

Windows

1. Download and install Python from the official Python website.
2. Clone the repository:

   git clone https://github.com/yourusername/trading-bot.git
   cd trading-bot
   

3. Install the required Python packages:

   pip install -r requirements.txt
   

macOS

1. Install Python using Homebrew:

   brew install python
   

2. Clone the repository:

   git clone https://github.com/yourusername/trading-bot.git
   cd trading-bot
   

3. Create a virtual environment and activate it:

   python3 -m venv venv
   source venv/bin/activate
   

4. Install the required Python packages:

   pip install -r requirements.txt
   

Linux (Debian/Ubuntu)

1. Install Python:

   sudo apt update
   sudo apt install python3 python3-venv python3-pip
   

2. Clone the repository:

   git clone https://github.com/yourusername/trading-bot.git
   cd trading-bot
   

3. Create a virtual environment and activate it:

   python3 -m venv venv
   source venv/bin/activate
   

4. Install the required Python packages:

   pip install -r requirements.txt
   

Configuration

.env File Setup

The bot requires a .env file for configuration, which includes API keys and trading settings. Here is an example of how to set up your .env file:

# Environment setting
ENVIRONMENT=paper

# Live environment API keys
LIVE_API_KEY=your_binance_api_key
LIVE_API_SECRET=your_binance_api_secret

# Paper environment API keys
PAPER_API_KEY=your_testnet_api_key
PAPER_API_SECRET=your_testnet_api_secret

# Trading symbol
TRADING_SYMBOL=BTCUSDT

• ENVIRONMENT: Set this to paper for testnet (paper trading) or live for real trading.
• LIVE_API_KEY / LIVE_API_SECRET: Your Binance API key and secret for live trading.
• PAPER_API_KEY / PAPER_API_SECRET: Your Binance API key and secret for paper trading (testnet).
• TRADING_SYMBOL: The trading pair symbol, e.g., BTCUSDT.

Setting Up Your Environment

1. Rename .env.example to .env.
2. Replace your_binance_api_key and your_binance_api_secret with your actual Binance API credentials.

Running the Bot

To start the trading bot, simply run the following command:

cd src/
python main.py

The bot will begin fetching market data, applying the trading strategy, and executing trades based on the signals generated.

Feedback and Contributions

This is an open-source project, and contributions are welcome! Please open issues or pull requests with any suggestions or improvements.

Feedback on Trading Strategy

The current trading strategy uses a combination of Simple Moving Averages (SMA), Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Bollinger Bands. We are particularly interested in feedback on the following:

1. Risk Management: Are there better ways to implement risk management to avoid significant losses?
2. Technical Indicators: Are there more effective indicators or configurations to improve trade accuracy?
3. Optimization: How can we optimize the execution of trades to reduce slippage and fees?

Feel free to reach out via GitHub issues or contribute directly through pull requests.

License

This project is licensed under the MIT License. See the LICENSE file for details.