rsi-crypto-trading-bot
Unverified Mean-rev strategy on Crypto by blankly-finance. BotFinder score 18 out of 100.
A python crypto trading bot on Binance using RSI in 25 Lines 🚀
Source: github
BotFinder analysis pending.
rsi-crypto-trading-bot
RSI Crypto Trading Bot - Binance A Crypto Trading Bot on Binance trading BTCUSDT and ETHUSDT using RSI in 25 Lines of Code Getting Started Note Python Version 3.7+ is supported 1. First install Blankly using pip. Blankly is hosted on PyPi. 2. Ensure that you have your Binance API Keys connected, check here for more deatils 3. Run the python file 4. Woila! You have a working Binance Crypto Trading Bot that trades BTCUSDT and ETHUSDT Backtest Output How does this work? This uses the blankly package to build a trading strategy in just 25 lines of code. We are able to utilize the Blankly.Strategy object to easily add our rsipriceevent(price, symbol, state) function that handles our core RSI logic that trades when RSI is less than 30 and sells when it is greater than 70. What is RSI? RSI or relative strength index is an oscillator that measures the strength of a trend (i.e. when a trend is gaining momentum or losing steam). As it oscillates, it tells us when specific upwards or downward trends are most likely to stop and reverse. This is typically found when an asset is oversold (less tha
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