[pshaiBot] Simple Market Maker (Leverage, NEW HEDGE MODE)

11 10820 Views 27 Comments 4 years ago

HTS 3.XEOL

pshai
Simple Market Maker
by pshai @ 2020

Introduction:
This simple market maker makes the market!
It doesn’t stop, it has no limits (other than max. pos. size)
and it’s amazing. Get familiar with the bot before using it!
I strongly suggest doing backtests and especially running it
using a simulated account until you are confident that you know that
this bot knows what it is doing! Also remember that backtests cannot
represent the results you would see with a live bot; the difference
is very…different.

About trading commands….
This bot uses exit order commands only, but dont be alarmed!
It is merely a hack that I found while exploring, and this hack
allowed me to not bother handling positions whatsoever!
In other words, the bot works well with these; it just looks weird.

–== !NEW! Hedge Mode ==–
With this new feature you are able to trade on Binance Futures, OKEx
and other excahnges that support hedge mode. Enable this mode ONLY
when you are certain that hedging is supported on your chosen exchange!

*THINGS TO NOTE:*
– This bot will not work well on:
–> Bybit; bot is too intense for their API, dont trade there…
–> Bitmex; API Incompatibilities
– BE VERY CAREFUL with fixed high leverage!

~~ May the profits be with you ~~
~pshai

– Community mods –
Smokyho:
https://www.haasscripts.com/t/simple-market-maker-bfh/

Firetron:
https://www.haasscripts.com/t/pshaibot-simple-market-maker-leverage-long-short-setting/
https://www.haasscripts.com/t/pshaibot-simple-market-maker-spot-mode/

ORtchi:
https://www.haasscripts.com/t/experimentalpshaibot-simple-market-maker-leverage-binance-bybit-ortchimod-option-alternativ-sales-mod-optimised/

strooth:
https://www.haasscripts.com/t/ortchimod-table-mod-working-backtesting/
- This topic was modified 3 years, 8 months ago by pshai. Reason: Fixed hedge mode positions
- This topic was modified 3 years, 8 months ago by pshai. Reason: Changed TP to price based
- This topic was modified 3 years, 6 months ago by Team HaasScripts.
- This topic was modified 3 years, 6 months ago by Team HaasScripts.
- This topic was modified 2 years, 5 months ago by pshai. Reason: added links to mods
- This topic was modified 1 month, 1 week ago by pshai.
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- September 10, 2020 at 3:15 AM #1248
  
  BNDT
  Basic
  
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  This is truly a beautiful beast!
  
  I do have a question though, maybe you can help. I’d like the to use the “Trailing stop market order” for Take Profit, but it doesn’t work. Is there a setting in the script that I haven’t paid attention to, or is the Binance API currently not up to it?
  
  Twitter:
- October 8, 2020 at 7:55 AM #1313
  
  pshai
  Admin
  
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  Hey Wane,
  
  Currently HTS doesnt support any native trailing orders, only available ones are the stop orders and take-profit orders.
  
  Twitter:
- November 25, 2020 at 9:03 AM #1716
  
  MAHDZAMAN
  Basic
  
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  Dear Pshai
  can you enable this bot on SPOT market
  
  Twitter:
- November 26, 2020 at 1:01 AM #1722
  
  Firetron
  Basic
  
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  Test this with SIM for a while to make sure I don’t have any bugs: https://www.haasscripts.com/t/pshaibot-simple-market-maker-spot-mode/
  
  Twitter:
- December 8, 2020 at 10:09 AM #1736
  
  scsmcripto
  Basic
  
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  Pshai this script is really crazy!
  
  I have a question, I hope you can help me. I want to add “Stop Loss” to restrict loss, how can I add it?
  
  Twitter:
  - April 10, 2021 at 8:55 AM #2128
    
    pshai
    Admin
    
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    Adding a simple Stop-Loss might bring in some problems, as the bot relies on averaged (DCA) positions. Contact me on Discord misthema#5446 and we can work something out.
    
    Twitter:
- February 15, 2021 at 3:34 PM #2010
  
  iddqd
  Basic
  
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  52. 15 Feb 2021 18:30:00 WARNING: Order has been cancelled. Reason unknown. (6ce13588878a40da9b835c09ad8f637d)
  51. 15 Feb 2021 18:30:00 WARNING: No maker template available for BinanceFutures. Falling back to normal limit order.
  
  on simulated account all ok but on real not working
  
  Twitter:
  - February 16, 2021 at 8:21 PM #2023
    
    Strooth
    Basic
    
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    Try turning low power mode on
    
    Twitter:
- February 25, 2021 at 12:47 PM #2031
  
  CryptoHarvey
  Basic
  
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  What can i do, if bot lost positions. Means still short open, but bot doesnt show? Thx
  
  Twitter:
  - October 4, 2021 at 6:12 AM #2613
    
    pshai
    Admin
    
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    Unfortunately you need to stop and clear bot, handle open positions manually and then restart the bot. :/ This bot has no logic for getting back into lost positions.
    
    Twitter:
- March 20, 2021 at 7:57 PM #2093
  
  firestar77777
  Basic
  
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  I have the same issue with the bot saying “No maker template available for BinanceFutures. Falling back to normal limit order.” what does it mean?
  
  Twitter:
  - April 10, 2021 at 8:53 AM #2127
    
    pshai
    Admin
    
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    It is just a warning telling you that it is trying to use unsupported order type which makes it fall back to a limit order. Nothing worth worrying 🙂
    
    Twitter:
- April 28, 2021 at 5:40 AM #2195
  
  antharas
  Basic
  
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  Hi pshai,
  
  It gives great results in test mode, but when I try to run with Binance USDT Futures, no orders were created. From the log:
  
  408. 28 Apr 2021 05:34:25 WARNING: Order has been cancelled. Reason unknown. (82fafa7104e44cceb94d5f4552913060)
  
  Please can you let me know if that’s error from my side or how can we fix it?
  
  Twitter:
  - May 4, 2021 at 8:22 AM #2207
    
    ximalo
    Basic
    
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    I had the same issue. Look at the HaasOnline Trade Server Log/Shell/Command Window. Here I found the following message:
    “Order’s notional must be no smaller than 5.0 (unless you choose reduce only)”
    I had the slot size reduced to 0.9 in simulation mode. There it seems to work, but for the real account/live mode I had to increase the value.
    
    Twitter:
  - October 4, 2021 at 6:13 AM #2614
    
    pshai
    Admin
    
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    Yeah, simulated accounts do not know the minimum amounts. Nice find though!
    
    Twitter:
- May 23, 2021 at 6:17 PM #2260
  
  JustinN2903
  Basic
  
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  Seem like the Max Open Contracts not working. I set slot size 1000, max open 10000, and it’s now at 40000
  
  Twitter:
  - October 4, 2021 at 6:15 AM #2615
    
    pshai
    Admin
    
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    If you have reduction size set to 0, it wont reduce the excessive position size… The bot in that part is kinda dumb; it allows you to go above the limit, and then starts dumping excessive contracts. :/
    
    Twitter:
- September 29, 2021 at 3:20 PM #2605
  
  Dewors
  Basic
  
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  This is genius!
  The market is not predictable, so let the bot adjust itself)
  I thought for a long time how to make an unkillable bot and here it is! As soon as I earn something on it, I will definitely send it to you.
  Many thanks.
  
  Twitter:
  - October 4, 2021 at 6:16 AM #2616
    
    pshai
    Admin
    
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    Thank you so much!
    
    Yes, indeed the markets work in ways that they simply can’t be predicted.. Buying when they sell, and selling when they buy, that’s how I roll… 😉
    
    Twitter:
- July 8, 2022 at 8:42 AM #3125
  
  juliennonnon
  Basic
  
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  I live in France, and from August 2, 2022, I could no longer use Binance Futures (French legislation). I have a Bybit futures account, but my open orders are always rejected. Could you advise me which platform to use for SMM. Thanks for your help. All the best.
  
  Twitter:
  - August 13, 2022 at 8:25 AM #3218
    
    pshai
    Admin
    
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    I think you are entirely cut out from leverage trading because of your legislations… The only way for you to trade is to either go DEX which is not yet supported by HaasOnline software, or trade in spot markets. There is a spot version of this bot: https://www.haasscripts.com/t/pshaibot-simple-market-maker-spot-mode/
    
    Twitter:
  - August 13, 2022 at 10:16 AM #3223
    
    Hiromatsu
    Basic
    
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    Did you went through KYC with your Bybit account? I am using a modified version of SMM (https://www.haasscripts.com/t/pshaibot-simple-market-maker-pshais-ss-mod/) and another Mod by Smokyho (https://www.haasscripts.com/t/simple-market-maker-bfh/) both are working well on Bybit (with no KNC)
    
    Twitter:
- January 4, 2023 at 3:33 PM #3366
  
  Carlovandenbor
  Basic
  
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  i have some problems with the bot if it get orders Partially filled .. someone can help me please . if it Partially filled orders then it register postions not right . example if it is in a long position of 200 contracts and my tp order get only 150 fills first then the bot thinks it has a short of 50 if the rest gets filled later and it is with filling normal orders too .
  what to do here ?
  
  Twitter:
- June 21, 2023 at 12:36 PM #3512
  
  digitalnomad1526
  Basic
  
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  Hello, this is an awesome bot.. just getting used to it.. I do have a question, would it be possible to add dynamic slot spread based on a volatility indicator?
  
  Twitter:
  - March 22, 2024 at 12:14 PM #3655
    
    pshai
    Admin
    
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    Everything is possible.
    
    Twitter:
- March 2, 2024 at 9:31 AM #3647
  
  emadiano
  Basic
  
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  Hello, dear Pshai
  Thank you for this space giant that you made
  I only get this error when the volume increases by an amount
  Warning : Currently L1 is not allowed
  After this error, the position is not closed and only adds volume
  
  Twitter:
  - March 22, 2024 at 12:16 PM #3656
    
    pshai
    Admin
    
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    It’s not an error, but a message notifying you that currently the bot is not allowed to place the order(s) and it only affects entry orders. This happens when the ROI % spread is not enough between the positions.
    
    Twitter:

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