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RE: trader-bfx-backend: Order Books, Settings Module & Tickers

in #utopian-io7 years ago

Thanks for the review, @amosbastian.

  • In short, when the bot is fully developed, one will be able to use it as part of a customized trading solution. Say you trade with a chart open for each market you participate in. To spot signals, you'd have to keep an eye on the charts every now and then. With the bot, you can setup alerts on as many markets as you want and be notified when certain conditions are met. For example, an alert for when the RSI indicator is above 70 or when moving averages cross.

  • It can also be expanded (with a little more code work) to trade automatically based on conditions set. I won't implement that as I am just making a framework for people to be creative with, but it will be a lot easier to do so.

  • The sleep timer is to reload the settings file. It will come in handy when a UI will also be making changes to the settings file. On that note, the duration can also be one of the settings :)

It will get clearer as I put the backend together with a template frontend UI.

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