DO NOT USE THIS BOT. If you do, it is at your own risk.
Only give it access to money you are willing to loose.
This is an attempt at creating an artificial intelligence which trades automatically Bitcoin (or, in fact, any cryptocurrency) on the Coinbase platform.
It uses Keras and TensorFlow for neural networks and CryptoCompare for historical data about cryptocurrency prices.
It also has a local simulator to train the neural network using the same fees and rates as Coinbase.
It then simulates random points in time from the past (up to 01/01/2015, which is a date chosen arbitrarily).
To install the bot and make it run on your computer, follow these steps:
- Clone or download the repository with
git clone git@github.com:au2001/TradingBot.git - Go to the folder of this repository with
cd TradingBot - Install Python Virtualenv with
pip install virtualenv(recommended) - Create a virtual environement with
virtualenv venv(recommended) - Activate the virtual environement with
source venv/bin/activate(recommended) - Install the required dependencies with
pip install -r requirements.txt - Deactivate the virtual environement with
deactivate(recommended) - Create an environement file with
echo "COINBASE_API_KEY=xxx\nCOINBASE_SECRET_KEY=xxx\nCRYPTOCOMPARE_API_KEY=xxx" > .env(recommended)
The bot is now installed, but some API keys are required for the bot to work correctly. See below.
Once the bot is successfully installed, you need to configure its API accesses.
This is done through environment variables.
Note that theys keys must be kept secure as they allow to wire money from and to your wallets as well as registered credit cards and bank accounts without any other confirmation.
The easiest way is to use the .env file created in the last step of the Installing part above.
Open this file in your favorite editor and you should see the following:
COINBASE_API_KEY=xxx
COINBASE_SECRET_KEY=xxx
CRYPTOCOMPARE_API_KEY=xxx
To obtain your Coinbase API key and secret key, first login and then head to the API settings on Coinbase.
There, create a new API key with access to at least one cryptocurrency wallet (BTC) and one fiat wallet (USD) as well as the permissions wallet:accounts:read, wallet:payment-methods:read, wallet:buys:create and wallet:sells:create.
Your API key and secret key will be shown only once, so make sure to copy them in a secure location and then insert them in the environment variables.
To obtain your Cryptocompare API key, first create an account on Cryptocompare.
Then, head over to the API keys tab, create a new API key with at least the permission Poll Live and Historical Data (r_price_poll_basic).
You can then click Copy next to your newly created API key and paste it into the dedicated environment variable.
To use the bot in real conditions, you should setup a cron task to run the bot regularly.
The exact interval is up to you to decide, but anywhere between 1 and 24 hours is recommended (shorter than 1h is useless and longer than a day is inefficient).\
To run the bot, use the following commands:
cd TradingBot
source venv/bin/activate
python bot.py
deactivate
After several hours of training on a decent rig, the bot arrived to the following strategy:
Predicted yield over 30 days: 0.00%
Investing 0% in cryptocurrency...
Meaning, the optimal startegy is not to invest at all in cryptocurrencies (Bitcoin in this case).
To obtain better results, a better training method is required.
Unfortunately, expanding on the current model leads to an extremely slow training due to a bottleneck in the Python code (not on Keras/TensorFlow's side).
Thus adding more neurons, improving the evaluation function or increasing the evolution strategy's performance requires a complete rewrite of the training.
Other parameters can be added to environment variables (for example, using the .env file).
Here is a list of the currently available ones:
Values: true, false
Default: false
Whether to run in a local honeypot rather than the only Coinbase and Cryptocompare APIs.
For historical cryptocurrency prices, Cryptocompare will still be used but a file cache (cache.json) will be added on top to reduce requests and improve response time.
Values: true, false
Default: false
Requires: DEBUG=true
Whether to train the artificial intelligence before testing its performance.
See Setup part.
See Setup part.
See Setup part.
Type: decimal number
Default: 0.0149
The Coinbase variable (percentage) fee in your country depending on your payment method (Coinbase Wallets in fiat currencies are used). Can be obtained here.
Flat fees are also computed and taken into account but aren't configurable.
The spread margin for cryptocurrency conversions (2%) should be excluded from this value as it is taken into account by the bot upstream.
Note that one percent (1%) is expressed as 0.01. For example, the default value is 1.49%.
Values: BTC, ETH...
Default: BTC
The cryptocurrency to trade on Coinbase.
Also determines the currency to use to determine which investment strategy to follow.
Values: USD, EUR...
Default: USD
The fiat account to use for trading on Coinbase.
Also determines the currency in which all values are expressed.