Create Reinforcement Learning Crypto Trading bot for Phemex and Kraken exchange platforms
Budget: $250 – $750 CAD
1. **Data Collection and Processing:**
- Gather historical data for BTC/USD, SAND/USD, ICP/USD, RNDR/USD, and AXS/USD as well as all relevant usdt with btc/sand/icp/rndr/axs pairs.
- Clean and preprocess the data to remove outliers and ensure consistency.
2. **Environment Setup:**
- Develop an offline environment for training the reinforcement learning model.
- Create testing environments for hundreds of thousands of simulations to improve the bot's performance.
3. **Reinforcement Learning Model:**
- Implement a reinforcement learning algorithm to train the trading bot.
- Use indicators such as RSI, Volume, MACD, RSI Divergence, Cipher_B_Free, and various strategies for decision-making such as Grid, Bollinger Bands, Channel Breakouts, Ichimoku, Momentum and RSI.
4. **Risk Management:**
- Implement a 75% margin of the total balance for each trade.
- Develop a trailing stop strategy for potential blow-off top gains.
- Allow the bot to determine an optimal stop limit percentage through learning as well as have the option to change margin % if it find a higher success rate.
5. **Trading Platforms Integration:**
- Integrate the bot with Phemex and Kraken platforms for spot and leverage trading.
- Ensure the bot calculates all fees for each exchange.
6. **Options for Spot and Leverage Trading:**
- Create two options for the bot - one for spot trading and another for leverage trading.
- Allow the bot to choose margin size if it improves the success rate.
7. **Performance Metrics:**
- Define and analyze performance metrics to evaluate the bot's success.
- Optimize the bot to achieve as many as possible consistent 3% compounded daily profit gains.
8. **User Interface**
- Add a user interface for easy interaction and monitoring.
9. **Documentation:**
- Provide thorough documentation for the setup, parameters, and usage of the trading bot.
10. **Testing and Optimization:**
- Conduct rigorous testing to ensure the reliability and stability of the bot.
- Optimize the bot based on testing results. I am open to any ways that would be recommended to optimize an process of creating the bot.
11. **Rewarding System:**
- Experiment with different rewarding systems and choose the one that aligns best with our goals. Our goal is to have as many as possible daily 3% compounded successful trades either spot or leverage.
Please let me know if I missed anything and lets discuss milestones for the project. Thank you.
- Gather historical data for BTC/USD, SAND/USD, ICP/USD, RNDR/USD, and AXS/USD as well as all relevant usdt with btc/sand/icp/rndr/axs pairs.
- Clean and preprocess the data to remove outliers and ensure consistency.
2. **Environment Setup:**
- Develop an offline environment for training the reinforcement learning model.
- Create testing environments for hundreds of thousands of simulations to improve the bot's performance.
3. **Reinforcement Learning Model:**
- Implement a reinforcement learning algorithm to train the trading bot.
- Use indicators such as RSI, Volume, MACD, RSI Divergence, Cipher_B_Free, and various strategies for decision-making such as Grid, Bollinger Bands, Channel Breakouts, Ichimoku, Momentum and RSI.
4. **Risk Management:**
- Implement a 75% margin of the total balance for each trade.
- Develop a trailing stop strategy for potential blow-off top gains.
- Allow the bot to determine an optimal stop limit percentage through learning as well as have the option to change margin % if it find a higher success rate.
5. **Trading Platforms Integration:**
- Integrate the bot with Phemex and Kraken platforms for spot and leverage trading.
- Ensure the bot calculates all fees for each exchange.
6. **Options for Spot and Leverage Trading:**
- Create two options for the bot - one for spot trading and another for leverage trading.
- Allow the bot to choose margin size if it improves the success rate.
7. **Performance Metrics:**
- Define and analyze performance metrics to evaluate the bot's success.
- Optimize the bot to achieve as many as possible consistent 3% compounded daily profit gains.
8. **User Interface**
- Add a user interface for easy interaction and monitoring.
9. **Documentation:**
- Provide thorough documentation for the setup, parameters, and usage of the trading bot.
10. **Testing and Optimization:**
- Conduct rigorous testing to ensure the reliability and stability of the bot.
- Optimize the bot based on testing results. I am open to any ways that would be recommended to optimize an process of creating the bot.
11. **Rewarding System:**
- Experiment with different rewarding systems and choose the one that aligns best with our goals. Our goal is to have as many as possible daily 3% compounded successful trades either spot or leverage.
Please let me know if I missed anything and lets discuss milestones for the project. Thank you.