DiscussionCRYPTO TRADING BOT

These bots are definitely used by big investment companies. However, you don't see them openly selling their software because it probably does a good job at what it does.

You know, it's pretty cool to see a thread about the subject, since I recently started using Python over the last year, and have been trying to think of a potential way to utilize AI in it, and I had the idea of something along the lines -- not necessarily to automate buying/trading for myself, but just to feed and analyze price statistics into an AI that would project what it thinks the price will be after X amount of time has passed (I think that this part would be important, that you analyzed statistics based on time periods, and made predictions based upon the respective time periods as well), and compares its predictions to the market price. It would be pretty cool to see how accurate it would be, and I could potentially see this being the driving mechanism behind at least some of the automated trading bots on the market

Tried out a few crypto trading bots and the best one I've come across is probably 3commas..... If you are just getting into crypto and trading the UI is extremely easy to understand and get the hang of.

Stop losses are usually built into exchanges. I think the only reason I would use a bot (and I literally thought of this so many times while trading the past few weeks), is to find the best buy/sell price. Being able to detect the best price would be great. I know I can just use the depth chart to pin point buy/sell walls, but it's hard when you trade big volume coins.

Also so many events happen while I am sleeping. I've literally only had 1 open trade I go through while I slept (that was yesterday, I bought ETH at its almost lowest low, a few units off the lowest low). I cannot tell you how many times I missed a buy/sell wall this past few weeks by literally a few units. My buy order was just a little lower than than the lowest low. Or my sell was a little higher than the highest high...

It's so annoying, because my analysis has been really good so far but then I miss my shot by being a little too greedy and setting buy orders at the min or max rather than near the min and near the max. I know it, but I like greedy lol.

Well in the off chance that someone has something decent for sale or license, it would fun to pick it apart and make adjustments to see if it can be improved.