I am working on creating a trading bot with Python. The strategy I got working in the bot and it can start a deal, but what I am looking for is the code to activate safety orders like 3commas has.Using the following settings I need a script to calculate the order price and amount to open a safety order:
- Max safety trades count
- Max active safety trades count
- Price deviation to open safety orders (% from initial order)
- Safety order volume scale
- Safety order step scale
This is what I have so far:
initial_price=40000safety_order_size=100price_deviation = 1.5max_safety_orders_count=10max_active_safety_orders_count=1safety_order_volume_scale=1.19safety_order_step_scale=0.95safety_order_prices = []price_deviation_list = []current_price = initial_pricefor i in range(max_safety_orders_count): safety_order_price = initial_price * (1 - price_deviation / 100) safety_order_prices.append(safety_order_price) price_deviation_list.append(price_deviation) print(price_deviation_list) price_deviation = (price_deviation * safety_order_step_scale) print(price_deviation)I have looked on the internet and asked chatgpt for the source code or the formula to calculate, but found nothing.Does anybody hear know how to do this?