📈 bitbank trailing stop-loss

Provides a dynamic stop-loss that automatically adjusts as the price increases.

Disclaimer : May contain inaccuracies, please use it at your own risk.

Requirements

• Node.js

Installation

Clone the repository

$ git clone https://github.com/96-38/bitbank-trailing-stop

Install dependencies

$ cd bitbank-trailing-stop
$ yarn install # or npm install

Configure API keys

How to obtain an API key, please refer to the official guide.

Then create a .env file at the root directory of the application and add API keys to it.

API_KEY = 'YOUR_API_KEY'
SECRET_KEY = 'YOUR_SECRET_KEY'

Configure Order Information

Edit src/userConfig.ts

• Example

//available pairs
const pairs = {
  btc: 'btc_jpy',
  eth: 'eth_jpy',
  xrp: 'xrp_jpy',
  ltc: 'ltc_jpy',
  bcc: 'bcc_jpy',
  xlm: 'xlm_jpy',
  bat: 'bat_jpy',
  qtum: 'qtum_jpy',
  mona: 'mona_jpy',
};

const userConfig: {
  pair: string;
  orderAmount: number;
  orderPrice?: number;
  stopPrice?: number;
  stopPriceRatio?: number;
  timeout?: number;
} = {
  //pair
  pair: pairs.btc, //required

  //order amount
  orderAmount: 10000, //required [JPY]

  //order price (default: last transaction price)
  orderPrice: 5000000, //optional [JPY]

  //stop price (If stopPrice is not set, stopPriceRatio is used by default.)
  stopPrice: 4900000, //optional [JPY]

  //deviation ratio between stop loss price and order price (default: 3)
  stopPriceRatio: 2, //optional [%]

  //timeout (default: 30)
  timeout: 60, //optional [sec]
};

export default userConfig;

required

• pair : Select from available pairs.
• orderAmount : Please set the value in Japanese yen equivalent.

optional

• orderPrice : Set the order price in Japanese yen. (by default, last transaction price.)
• stopPrice : Set initial stop price in Japanese yen.(If stopPrice is not set, stopPriceRatio is used by default.)
• stopPriceRatio: Specify how far below the order price the stop loss price should be set as a percentage. If stopPrice is set, this value will be ignored. (by default, 3 %)
• timeout : Set time to wait for the transaction to be completed (by default, 30 seconds)

If you want to use the default value, comment out the corresponding line.

Running

Usage

$ yarn start

How it works

Submit the order according to the settings and set the initial stop-loss at {userConfig.stopPrice} yen. (or {userConfig.stopPriceRatio} % below the order price.)

If the transaction is completed within the time specified in the timeout, the trailing stop process will be initiated. (If the transaction is not completed in time, the order is cancelled.)

As the price goes higher, the stop-loss will get dragged with it by the same amount.Once the price crosses the stop-loss price, a sell order is executed.

Important note

Please make sure you have available Japanese yen before running the application.

Partial transaction completion is not supported at this time, so we recommend that you do not make a large amount of orders at once.