Telegram bot for trading on Binance
The Telegram bot works with the Binance API, the essence of the bot's operation is that through the bot you can trade futures. The trading pair is entered into the bot in the form of, for example, (BTCUSDT, NOTUSDT). After that, the profit amount after which the position will close (in USDT) is specified, and the margin is indicated.
1. A position is opened with the specified parameters (trading pair, profit amount, and initial margin).
2. When the target profit of 1 dollar is reached, the position automatically closes, and a new one opens.
3. In case of a drawdown of 50% from the position's margin, the margin is added:
• For example, if the initial margin is 5 dollars, when it drops to 2.5 dollars in the position, the margin increases by 2.5 dollars, resulting in a new margin of 7.5 dollars.
• If the drawdown continues to 3.75 dollars (50% of the new margin), the margin is again supplemented by 3.75 dollars, and so on, until the target profit of 1 dollar is reached.
4. After reaching the target profit of 1 dollar, the position automatically closes, and the bot opens a new position again.
5. The bot informs the client about the closure of the deal, about insufficient funds in the balance, about insufficient margin, etc.
1. A position is opened with the specified parameters (trading pair, profit amount, and initial margin).
2. When the target profit of 1 dollar is reached, the position automatically closes, and a new one opens.
3. In case of a drawdown of 50% from the position's margin, the margin is added:
• For example, if the initial margin is 5 dollars, when it drops to 2.5 dollars in the position, the margin increases by 2.5 dollars, resulting in a new margin of 7.5 dollars.
• If the drawdown continues to 3.75 dollars (50% of the new margin), the margin is again supplemented by 3.75 dollars, and so on, until the target profit of 1 dollar is reached.
4. After reaching the target profit of 1 dollar, the position automatically closes, and the bot opens a new position again.
5. The bot informs the client about the closure of the deal, about insufficient funds in the balance, about insufficient margin, etc.