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Limit chase order, custom scaling %, .5 intervals #4

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itsgoofy opened this issue Aug 7, 2018 · 5 comments
Open

Limit chase order, custom scaling %, .5 intervals #4

itsgoofy opened this issue Aug 7, 2018 · 5 comments

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@itsgoofy
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itsgoofy commented Aug 7, 2018

An option to "limit chase X contracts". Meaning, if you wanted to sell immediately without market ordering, it would use the post only function to chase the limit price for the quickest possible exit.

I.e. price is 7000 and you want to exit your short immediately. You limit chase your order size and a buy order is immediately put in at 6999.5. The price goes to $7001. The bot now puts in a limit order at 7000.5, etc, until the order is filled.

Second, allow custom scaling options like bitfinex offers. The current scaling method is a bit top heavy. I.e. allow a gradual increase instead of having the vast majority bought at the end of the scaled order.

Another option would be intervals of .5 instead of all 1 contract increments.

Just some suggestions for you. I love the bot so much that I really want something like it for spot trading on Binance now! Thanks again.

@Poilaucul
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This would be perfect with a retry on overload until success.

@KrystianBorysewicz
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This feature is implemented in the most advanced market makers, and the owners pay tens, if not hundreds of thousands of dollars for it, highly doubt it will get released onto github in the near future..

@Poilaucul
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I had this feature for free in 2 olds no longer maintained softwares.

@KrystianBorysewicz
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We just got a project for making this for a company, along with a few other features, but the costs came up to nearly 5 digits..

@TranceGeniK
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@Poilaucul are these softwares open source ?

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