How To Build a Cryptocurrency Trading Bot with Python [Part I: Trailing Stop Loss]

This video is about getting live cryptocurrency data via the Unicorn Binance Websocket and implement a Trailing Stop Loss mechanism to it within a dry run in preparation to finally build a Trading Bot using a buying signal in combination with Trailing Stop Loss (TSL) / Trailing Target Profit (TTP).

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I have a ton of videos on cryptocurrency trading with Python using various approaches (technical indicators, trend/momentum, Machine Learning and much more) - check out the playlist here:

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Disclaimer: This video is no investment advice and is for educational or entertainment purposes only.

#Python #Tradingbot #Crypto #binance

[AlexDBall]

I've hit the like button harder than my stop loss got hit!

[twizzlemania]

been following thus channel since early 2021 and it literally changed my life ^^. thanks for inspiring content <3

[Arthsinghnita]

keep doing the good work . there are very less youtubers who dig in so much in algo and ur one of them thank u so much

[yanchobeats]

Thank you for this awesome work mate! You are a gem to many people!

[bryan-]

LOVE the video. Excited to see the next couple. I'm going to turn it into a class with Momentum I think. (i turned your Indian momentum video into a class for crypto momentum. going to add the TSL into that one. pinning down the short term crypto reversal is a bit more challenging. )

[kennithsmit]

Can't wait for next video. Awsome as always, thank you

[khunspeech]

thks for the video! couldn't find this anywhere

[RubiconDota]

That uwba library is new to me. Can't wait to try it.

[dennbauer]

Great video to explain the principle of a TSL. Regarding python implementation I would have preferred to see an actual python class StopLoss with a function trail() and a function or property is_triggered() or similar. By doing so you could easily reuse the code in future projects. Still a great series and looking forward to see more!! Danke dir!

[arturKrzyzak]

I'm also on hype train for next part of the series. The way I learn python is to look on trading view indicators pine code and rewrite them to python. It's great way to check if python code indicator works allright by comparing output values with TV indicators. Now, this trailing stop loss/take profit series might complete my bot abilities. Thanks a lot.

[GiovaneMU]

Why is returning this error?
----> 4 liveprice =
5 print(liveprice)
TypeError: string indices must be integers

[darkklucyy]

Hello, you are the only one whos helping about trade bots in the internet so i wanted to ask you if you know how to entegrate or use non official tradingview indicators(ADX an DI v4 for example)in python Thank You!!

[moffartjoshua]

how comes when I import my files, the line turns grey as if am writing a statement or using the #function

[moffartjoshua]

Kindly can someone assist me on how to access the ubwa library

[ghazanferali]

Hi, I want to build a bot, which should run 24/7 and execute trades on the basis of one minute granular data. What's the best option?

[kianow]

Hey AlgoVibes big fan here. If you're looking for video ideas, I can't seem to find a good tutorial anywhere on implementing more than 1 coin trading alerts/signals/backtests anywhere for crypto trading. A lot of single coin strategies but they are not very helpful when trying to isolate high win ratio entries/exits while scanning the whole market

[hadimustafa]

I never miss any vide of yours. You are posting amazing content for beginners. There is a course on using reinforcement learning for managing portfolio on Coursera. Can you kindly check that and make an easy version of it for your viewers?

[thechoosen]

Good job bro, JESUS IS COMING BACK VERY SOON;WATCH AND PREPARE