Bybit-Algorithmic-Trading-Bot-

Algorithmic Bitcoin Trading Bot for Bybit Exchange Writing on Java

STILL WORK IN PROGRESS

Some ScreenShot

Indicators used for the bot

• vwap for Trend Indicators
  • vwap really good indicators to get what average price for the asset, from my research many big Institutional using this.
  • and i modified vwap and add 2 line more from vwap, to get overbought and oversell price. (why not just use rsi ? just doing research urself why i dont use rsi for that ^_^ )
• using Donchian Channel for Signal entry.

• donchian will give line for get what high price and low price on period last candle, on this bot i using 50 candle period.
• donchian used too for detect sideways trends.

• using 3 sma : SMA25,SMA50,SMA200

• SMA will use to make sure signal from Donchian is valid or not.

Method

• Algo method for bot to make decision is not like usual, i make algo with calculation price range interract with indicator, not like if price crossing sma25 buy, or if price crossing sma50 sell. I already tried that traditional method, but Risk Reward Ratio not profitable.
• This is an example backtest of the method that i made

  

  

• Backtest using 13 Days Data with 5Minutes TimeFrame. From Backtest bot still dont doing much trades, but with that small trades bot likely profit on win and lose compaison.
• Bot use SQLite for store data market from the past.
• Bot use Websocket connection to bybit for realtime data and RestApi for others call.

WHY BYBIT?

• on USDT Perpetual Markets, we can make Long and Short position in the same time in one account.
• Bybit have good features like Stop lose, Trailing Stop and positive fee for market maker.
• Maybe Binance or Bitmex Good too, but i want to try implement on bybit first, because with that bybit features i dont need to much hard coding.
• from API Doc bybit have good limit rate for calling Rest API.

Limitation will come later

• Maybe later on first release, u will cant add ur custom indicators with this bot,but u still can modified stoploss and take profit triggers,and some calculation for make decicison signal entry.
• Bot will have 2 version, Regular and Pro version.
• Maybe only support for USDT Perpetual market, why? because for each asset need different Algo method.
• only using 5 minutes TimeFrame, why? because different timeframe need different calculation for the algorithm. so this bot will optimized for 5 Minutes TimeFrame.

interesting for Contributing?

• if u have experience on trading, java and javaFx. u can contributing on this project. just DM me on discord -> h4ckm3-+#0960