It first buys when the current value drops relative to the daily high value. It keeps buying more if the price drops relative to the average price of the coins held.
It sells everything at a markup relative to the average coin price.
In short it assumes a mean reversion of the asset, and reinforces positions that fall further.
It buys and sells using upper and lower limit orders. It needs to be able to cancel past orders, so avoid setting other limit orders manually, because those are not recorded with user-defined identifiers.
bundle install
cp config.yml.example config.yml
vi config.yml
bundle exec ruby kraken.rbIf the config.yml file is edited, the configuration will update without having to restart the program.
Warnings
Since limit orders are used, there is the possibility that an order is only partially fulfilled.
Avoid using manually-set limit orders in the same account the program is running on.
Always run the latest version, I am not responsible for you losing your money.