Thu. May 23rd, 2024
Position Manager | Cryptocurrency arbitrage bot – Part 6

Follow my cryptocurrency pricing bot https://twitter.com/denario_bot

Interested in purchasing cryptocurrency trading bot? Send your in inquiry to denario@protonmail.com

Denario Research is launching video tutorial series dedicated to cryptocurrency algorithmic trading. These would be practical tutorials where I will show you how to build own cryptocurrency arbitrage bot.

In this video we will begin implementation of position manager. This element is responsible for proper position sizing. Position manager logic is very simple but has 3 main requirements: position size should be less or equal to account balance, greater or equal to minimal position size required by exchange and equal or less than highest bid or lowest ask amount.

In this video I will use customized Poloniex REST API wrapper for Nodejs. You may get this lib here https://pastebin.com/CDnzW4Ei

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