Bitmex_Testnet: Market Maker Config + AutoConfig Bundle Package
This package is setup as a quiet little trade churner on XBTUSD. It is designed in mind to manage positions through DCA while incorporating Risk Management. This config has been explicitly setup for BITMEX_TESTNET so you can have a play and see how this config operates without losing rent money.
I started with the original version of this config on 6th January 2020 on Bitmex itself (2.5 months) and have slowly been tuning and bug fixing over a variety of markets to achieve 99.9% uptime and automation so far.
- Trend Detection
- Liquidation Price tracking
- ROE trailing
- Position Size Risk Management
- Bag Handling Method: DCA (dollar cost averaging)
- This config is "as is" for BITMEX_TESTNET. There are no changes required to any strategy settings
- Do NOT attempt to change strategy settings (even TL). AutoConfig will override your changes.
- Add your BITMEX_TESTNET API keys
- Add in your GUNTHY wallet details
- Add in Telegram details (if needed)
- Start the bot.
- Let the bot run for 60mins. This is to allow Autoconfig to gather enough "snapshot" data. Once completed, the bot will automatically start trading.
- Trading on Margin/Future has high risk. Don't trade with rent money
- This IS NOT a lambo config
- This IS NOT a 1% daily ROI setup.
- Autoconfig uses Snapshot Data collection schedule. If you turn the bot off for any length of time, this can badly affect performance for Autoconfig's Trend Detection.
- Config is compatible with BITMEX. If you understand how to edit config.js and autoconfig.json, all you need to do is replace all instances of "bitmex_testnet" with "bitmex" and add in your Bitmex API keys
Feedback is welcome.
This setup is meant for educational purposes and is not financial advice. Use at your own discretion. Trading is always risky. Past performance is not indicative of future performance. Don't trade with money you cant afford to lose!!