The bot uses an exponential moving average (EMA) crossover trade strategy. It chooses to buy/sell when the 5-period EMA and the 20-period EMA intercept.
The bot uses the Coinbase Pro's REST API to perform transactions, and determines the price to buy/sell at by maintaing the live order book through Coinbase Pro's Websocket.
The program uses separate threads to:
- Track live price and maintain a snapshot of the full orderbook
- Calculate EMAs and identify if a crossover has occurred
- Buy/sell depending on crossover
As the bot runs, all prices and transactions are logged into MongoDB collections.
These instructions allow you to get running and customize the project.
You will need a Coinbase Pro account/API key and a MongoDB account. Create a config file (config.py) in the root directory with the following format:
API_KEY = ""
API_SECRET = ""
API_PASS = ""
API_URL = "https://api-public.sandbox.pro.coinbase.com/"
MONGO_USER = ""
MONGO_PASS = ""
Navigate to project directory and enter
python TradeBot.py