
Cryptocurrency 💰 Trading Bot 🤖 with Python & Binance - Reversal & Trailing Stop Loss
Hi everyone, In this video we are building a cryptocurrency trading bot which buying condition is based on a reversal of the recent past return and is taking a Trailing Stop Loss for the selling condition. In the end I did some cuts as the Stop Loss Order was being triggered after roughly one hour. Get the Notebook/Source code by becoming a Tier-2 Channel member: / @algovibes If you like the content please subscribe to make future content possible. Thank you very much in advance! :-) Let me know what you think or let me know your questions in the comment below. Please watch the previous video to better along: • How To Build a Simple Cryptocurrency ... Video on cumulating returns: • How To Calculate Stock Returns [Excel... Disclaimer: This video is for educational and entertainment purposes only and is not an investment advice! 0:00 - 0:51 Trading strategy 0:51 - 02:42 What is a Trailing Stop Loss? 02:42 - 03:45 Subscribe etc. and Disclaimer 03:45 - 05:00 First script: Getting live data via socket manager / SQLite storage 05:00 - 07:00 Second script: Connect to SQLite database and the Binance API 07:00 - 07:45 Request live data by SQL to dataframe 07:45 - 10:24 Coding example of Trailing Stop Loss 10:24 - 15:38 Coding the strategy: Buying condition (Reversal) 15:38 - 21:38 Coding the strategy: Selling condition (Trailing Stop Loss) 21:38 - 25:18 Testing the strategy / Discussing the trade outcome #Python #Trading #Crypto