ali-raheem/kraken-trailing-bot

Bot to manage trailing stop loss orders on Kraken.

Kraken Trailing Bot

DISCLAIMER: I am not responsible for your lost money, or any trouble you get into to. I have lost LOADS of money with this, bugs can potentially cost you dearly. You have been warned.

Description

This bot takes a currency pair and an amount to trade and an "offset". It monitors the market and manages a stop-loss trade which is maintained no lower than the peak - some offset.

This means you can have a stop loss order but take advantages of gains.

Please familiarise yourself with the Kraken API docs. Especially the call rate limit which is part of the how not to be banned rules! Don't annoy Kraken with this.

Issues

Not a complete list:

• I'm not entirely sure the database mangement works, you might be better off deleting orders.sqlite if all the orders are done
• Really needs cleaning up
• I think there are race conditions in the orders being dealt with
• State -1 (error) is not yet implemented.
• Buy and take-profit types would also be good.

TODO

Issues I really care about

• Make it take command line arguments to add new orders?
• Make it more failsafe see note in code.
• Web monitor?

Dependencies

• Krakenex

  • requests

• Sqlite3

Usage

Typically trialing stop-loss orders are used when you already have some gains. Add to the sqlite db a new order (status = 2) with the amount, currency pair and ticker symbol etc.

Now the bot should make a stop-loss sell order at the last price - offset and with each run will monitor it.

You must have an API key which allows trading. Duh!. Put this key in kraken.key key on the first line and then the secret on the second line. See the Krakenex library for more details.

Running

This is how I run on my Raspbian:

while true; do
	python3 KrakenTB2.py
	sleep 15
done

I'm pretty sure it could run much more often as the only API call to raise the rate counter is OpenOrders (I think this raises it 1).

License

GPLv3