1001 Freelance Projects -- Python Trading Strategy To Be Used With Binance

Latest Projects from Freelance Marketplaces

Today is: 04-Apr-2025 00:31 GMT

View this project in detail (Note: you will be redirected to external marketplace)
Project title:	Python Trading Strategy To Be Used With Binance
Posted by:	External project from PeoplePerHour
Started:	24-Jan-2025 11:52 GMT
Description:	I am looking for help with creating a simple Python strategy to be used for crypto trading on Binance. The script is basically a simple trade management and hedging script that will allow me to open and manage multiple orders in hedge mode. The key input variables to be specified by the user are: Trading Symbol Upper Limit Price Lower Limit Price Take Profit (In Percentage) Stop Loss (In Percentage) Initial Trade: Long or Short Hedge Multiplier If the user specifies Initial Trade = Long, the trading engine will seek to open BUY STOP orders at the Upper Limit Price and undertake SELL STOP orders at the Lower Limit Price (as a hedge) Let’s assume that the current market price is $100. The user specifies Initial Trade = Long and sets the Upper Limit Price to $105 and the Lower Limit Price to $95. Once the price reaches $105, the trading engine executes a BUY STOP order, in the process initiating a long position. If the market moves to take profit, the long position is closed. If however, the price moves down to $95, the trading engine opens a SELL STOP order as a hedge. The quantity of this order is the initial quantity X hedge multiplier. If the initial order was 100 units and the hedge multiplier was 1.2, the size of the hedge (in the form of a SELL STOP) would be 120 units. Note that both the BUY STOP order and the SELL STOP hedge have the same Take Profit and Stop Loss values attached. If the price moves down further, the profit target for the SELL STOP hedge and the stop loss for the BUY STOP initial position will be engaged. If however, the market reverses again and the price travels from $95 to $105 (thus hitting the upper limit price), another BUY STOP order (with the same Take Profit and Stop Loss) is opened. The quantity associated with this order is the initial quantity X hedge multiplier X hedge multiplier = 100 X 1.2 X 1.2. There are now three orders open (2 longs and 1 short) The process continues until the profit target for one of the orders is engaged. Once this occurs, all orders and positions associated with the Symbol are closed. Note: If initial position = short, the trading engine starts with a SELL STOP order at the lower limit price. Note: the engine should also allow me to restrict the number of hedges before all positions linked to the symbol are closed. For example, there could be a field to allow for max number of hedges to be opened. Please refer to this Youtube video for the basic concept - https://www.youtube.com/watch?v=35AUnKHtHwE&t=1s . Another name for this strategy is the Zone Recovery Martingale. The Youtube video uses a hedge multiplier of X2 but in my case, I would like it to be variable. I would also like for this to be used in crypto.
Project ID:	3418645
Project category:
Project budget:
View this project in detail (Note: you will be redirected to external marketplace)

Project	Started
Design of logo	03-Apr-2025 20:40 GMT
Adding Client Names and Addresses at Company Level into GHL	03-Apr-2025 20:02 GMT
Course Writer – VTCT Level 3 Certificate	03-Apr-2025 16:57 GMT
SEO Writer For Weather Website	03-Apr-2025 16:57 GMT
website with online bakery shop with new logo	03-Apr-2025 16:57 GMT
Lead Generation Expert with Soft Calling Expertise–Health Sector	03-Apr-2025 16:52 GMT
Course Writer – VTCT Level 3 Certificate	03-Apr-2025 16:52 GMT
Rebuild WordPress & Elementor site with new theme	03-Apr-2025 16:52 GMT
Graphic Designer (Business Needs)	03-Apr-2025 16:24 GMT
App Developer for Creator-Focused Chat App	03-Apr-2025 16:13 GMT
Identify Unlock Code for Netgear AirCard 810S	03-Apr-2025 16:13 GMT
Virtual Assistant for Content Categorization	03-Apr-2025 16:13 GMT
I need email addresses	03-Apr-2025 16:11 GMT
Website Cleanup + Organise SEO Optimisation	03-Apr-2025 16:00 GMT
Experienced Jewellery CAD Designer Needed	03-Apr-2025 14:39 GMT

Browse All Projects

Projects by Skills ...
Projects for 'android' Projects for 'ajax' Projects for 'asp' Projects for 'aspnet' Projects for 'cms' Projects for 'cpp' Projects for 'csharp' Projects for 'css' Projects for 'delphi' Projects for 'design' Projects for 'drupal'	Projects for 'excel' Projects for 'facebook' Projects for 'flash' Projects for 'html' Projects for 'java' Projects for 'javascript' Projects for 'joomla' Projects for 'iphone' Projects for 'mysql' Projects for 'photoshop' Projects for 'php' Projects for 'python'	Projects for 'ruby' Projects for 'seo' Projects for 'sql' Projects for 'sysadm' Projects for 'translate' Projects for 'typing' Projects for 'twitter' Projects for 'vbnet' Projects for 'xml' Projects for 'wordpress' Projects for 'writing'
Read RSS feeds ... New!
RSS feed for 'android' RSS feed for 'ajax' RSS feed for 'asp' RSS feed for 'aspnet' RSS feed for 'cms' RSS feed for 'cpp' RSS feed for 'csharp' RSS feed for 'css' RSS feed for 'delphi' RSS feed for 'design' RSS feed for 'drupal'	RSS feed for 'excel' RSS feed for 'facebook' RSS feed for 'flash' RSS feed for 'html' RSS feed for 'java' RSS feed for 'javascript' RSS feed for 'joomla' RSS feed for 'iphone' RSS feed for 'mysql' RSS feed for 'photoshop' RSS feed for 'php' RSS feed for 'python'	RSS feed for 'ruby' RSS feed for 'seo' RSS feed for 'sql' RSS feed for 'sysadm' RSS feed for 'translate' RSS feed for 'typing' RSS feed for 'twitter' RSS feed for 'vbnet' RSS feed for 'xml' RSS feed for 'wordpress' RSS feed for 'writing'

New!
Проекты на русском (Projects in Russian)	Short URL: 1001fp.com	Mobile version: m.1001freelanceprojects.com