Post
Topic
Board Project Development
Topic OP
Building own trading bot
by
blankia
on 24/03/2014, 08:33:42 UTC
Hi,


I got kind of inspired by all the trading bots offered on this site and now I want to build my own bot. Most of the bots that I have seen here are more user friendly, with a nice interface ect. I think the best way to build my own bot is just some plain script that does the trading and nothing more. I just want to do it myself to get to know the inside outs of trading bots and that I am not reliable to someone else for further improvements. I need some pointers in the right direction and am willing to learn some new skills to do this. At the moment it needs to update and search for trading opportunities every 1 to 5 seconds, but maybe in 1 year time this needs to be considerably faster. So im looking to build something that is scalable on speed, as it becomes harder and harder to beat other players.

At the moment I was thinking to write the code in Node js and javascript. How does this sound?
I am collecting trading data in a mysql database and can do the computations for trading opportunities there. The reason for this is, that I think that this method is less prone to errors. For example, exchange sites api lag sometimes and I need to collect data for when a trade is confirmed ect. Is it better?

Are there any other languages that I could best write my code in?

Thanks and help will be appreciated.