This trading bot developed for the Coinbase Pro exchange offers an interface for all crypto trading strategies. You can create various tools and bots to make trading easier. It doesn't rely on any external APIs or classes rather than php-curl. With the help of this Coinbase Pro bot you can build automated trading strategies that employ a wide range of advanced order types not offered to users by the exchange.
Coinbase Pro was originally known as GDAX, Coinbase’s advanced trading platform alternative for its more sophisticated cryptocurrency exchange clients. Coinbase Pro shares its parent company’s commitment to security and regulatory oversight, making it one of the safest advanced crypto exchanges on the market. While it does offer automated traders a nice combination of an advanced trading platform with a high degree of security, it only offers a limited number of major cryptocurrencies, such as Bitcoin.
Coinbase Trading Bot is actually a trading management platform that provides an interface for Coinbase Pro. Using our interface and an API key drawn from Coinbase Pro it is simple for you to build a variety of algorithms that will automate all your trading strategies, including long, short, composite (multi-pair) and QFL (Quickfinger Luc) bots. There is also the choice to use a successful crypto trading bot that has been developed by another one of our clients.
No, this app does not add any risks or potential security breaches to any crypto trading systems. Coinbase Pro API keys do not read user security data, just your relevant trading data. Ensure that you turn off the funds withdrawal option when you generate an API key for an added layer of security. ONLY RUN THIS IF YOU KNOW WHAT YOU ARE DOING. IF YOU LOSE MONEY BECAUSE OF A PROGRAMMING ERROR, IT'S YOUR TRADING STRATEGY FAULT.
The first bot is the most simple one.
This bot will buy coins for USD/EUR, track the worth of these coins and if it made a profit, sells the profit and waits for more gain to sell. So this bot will only make any money if the worth of the coin is rising steadily. No market analysis or else, just go with the flow.
# Example usage: Buy 100 USD worth of BTC and sell the profits when it gained 10% in value
php bots/trend-follow-bot.php -p BTC-USD -bw 100 -g 10
This is an advanced version of the Trend Follow bot.
This bot is the same as the Trend Follow bot with the difference that after selling the gains, the bot will wait for the crypto price to drop by a percentage you specified before re-buying.
This makes the bot a little bit more profitable in normal cases but it will miss steady uptrends. That's why this bot should be used in combination of the Trend Follow bot so you have the best of both worlds.
# Example usage: Buy 100 USD worth of BTC, sell when it gained 10% in value and re-buy when the BTC price drops by 5%
php bots/waveriding.php -p BTC-USD -bw 100 -g 10 -pv 5
