I have released a more powerful version of my crypto algorithm that places trades based on daily news sentiment, and it’s all open source
I have recently shared my latest project with you guys – a trading algorithm connected to Binance that buys cryptocurrencies based on how positive the daily news sentiment is for the top 100 crypto news feeds.
With the help of some talented Redditors and GitHub contributors, the algorithm is now more powerful than before, allowing you to further configure how you would like it to trade.
Many of the improvements made, were actually suggested by you in the previous post, so thanks to you all, there is now a better news algo that we can all use!
The algorithm analyses the news sentiment from biggest crypto news sites, and automatically decides what coins to buy or sell based on how many times a coin is mentioned across all headlines, and how positively or negatively it's depicted in the news headlines.
I've been working on this project for about a month now, and I can say that the bot is now in a state where it can be used and it's stable! I haven't yet tested it on the mainnet but I will put together some reports on its performance on the testnet and will post on here.
Here is the link to the open-sourced project:
https://github.com/CyberPunkMetalHead/Binance-News-Sentiment-Bot
And here is a step-by-step guide if you would like to set the bot up yourself but you need some more guidance on how to do so:
This is a guide on how to set up the base version, not including the latest updates, for a guide on how to add additional featured to the bot please see:
https://www.cryptomaton.org/2021/04/24/improving-binance-news-trading-algorithm/
If you do follow either guides, I suggest working off of the code posted on GitHub as that contains the updated latest version of the algo.
Happy coding!
submitted by /u/CyberPunkMetalHead
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