C# Based Scalping Trading Bot
Budget: £250 – £750 GBP
The job I am looking for someone to do is modify my current ATAS bot so that it is capable of watching a chart such as BTCUSD@Bybit or BTCUSDT@BinanceFutrues but places the trades that it detects on a chart such as MBT@CME. This is because my bot is good at detecting trade entries on the former two charts but not good at detecting them on MBT@CME. The user should be able to choose which chart is watched and which chart the trades are placed on because it would be beneficial even to watch BTCUSDT@BinanceFutrues but place trades on BTCUSDT@Binance (the reason being that futures trading is not allowed on Binance in the UK and my bot doesnt find the best trades on BTCUSDT Binance but is good at finding them on BTCUSDT Binance Futures chart).
I realise that the price of BTC between the different exchanges is all slightly different but in general when one goes up or down then so does MBT, and I believe that the correlation is close enough to make that work.
The way the bot works is this. It identifies candles with “trapped traders”* in them. Then it enters a long or a short and it has an SL based on the length of the wick. I usually set this to -0.5 meaning that the SL is 50% the length of the ‘trapped trader candle’ wick (this allows the SL to have different sizes based on the volatility in the market at that time). The TP is then a multiple of the SL, so for example the TP might be 2x or 3x longer than the SL.
The risk should be set at something like 10. That represents $10 which is 1% of a $1000 account. If the SL is triggered then the $10 is lost. If the TP is triggered then $20 or $30 is won.
Another job I would like doing is that sometimes my bot enters a trade but does not exit it. I would either like you to modify the bot so that if the TP or SL isn't activated on the first try then it tries until it does work OR add fail safe TP/SL levels so that if the first one isn't activated then it has a chance on the next go.
My ATAS bot can already place trades on exchances like Binance and Bybit as well as using a Rithmic connection to place trades on a prop form like Apex.
Attached is an image of two candles that would trigger short trades, one losing trade and one winning trade.
What do you think?
I realise that the price of BTC between the different exchanges is all slightly different but in general when one goes up or down then so does MBT, and I believe that the correlation is close enough to make that work.
The way the bot works is this. It identifies candles with “trapped traders”* in them. Then it enters a long or a short and it has an SL based on the length of the wick. I usually set this to -0.5 meaning that the SL is 50% the length of the ‘trapped trader candle’ wick (this allows the SL to have different sizes based on the volatility in the market at that time). The TP is then a multiple of the SL, so for example the TP might be 2x or 3x longer than the SL.
The risk should be set at something like 10. That represents $10 which is 1% of a $1000 account. If the SL is triggered then the $10 is lost. If the TP is triggered then $20 or $30 is won.
Another job I would like doing is that sometimes my bot enters a trade but does not exit it. I would either like you to modify the bot so that if the TP or SL isn't activated on the first try then it tries until it does work OR add fail safe TP/SL levels so that if the first one isn't activated then it has a chance on the next go.
My ATAS bot can already place trades on exchances like Binance and Bybit as well as using a Rithmic connection to place trades on a prop form like Apex.
Attached is an image of two candles that would trigger short trades, one losing trade and one winning trade.
What do you think?