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MT5 Bridge for Bitmex Bybit and binance
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tradeFX4btc

Member Since Sep 13, 2017  123 posts tradeFX4btc Aug 17 2019 at 20:40
Hello,

I would like to build a bridge from mt5 to crypto exchanges for trading via api. I have written the bridge to binance for manual trading and now testing robot trading.

I would to hear your view on the best way to handle positions ( positions don't exist in an exchange) since you are holding coin A or B.

Trading on bitmex and bybit is similar to Forex since positions exist but lotsizes are often in usd contracts instead of mt5 lotsizing.

Be humble
tradeFX4btc

Member Since Sep 13, 2017  123 posts tradeFX4btc Aug 20 2019 at 13:57




Here is the simple UI layed over the chart window and indicator window together to display the button panel and the market statistics
Attachments:

Be humble
tradeFX4btc

Member Since Sep 13, 2017  123 posts tradeFX4btc Nov 10 2019 at 09:29
I've been running a market maker bot on mt5 and sending the trades to Bitmex. You can see the account under my profile called 'crypto telegram trader' , When then equity line is running flat is normally when I am running the market maker bot. It will record a loss on mt5 because of the spreads and commission while I earn profit at bitmex from the rebates while using limit orders.



Attachments:

Be humble
tacet

Member Since Mar 10, 2019  57 posts tacet Nov 10 2019 at 14:55
update us about your binance bridge pls

every beautiful garden has a strong hedge around
niceGLer

Member Since Dec 28, 2013  157 posts niceGLer Nov 12 2019 at 19:53
Ain't that called churning, which is prohibited in rebate programs usually?

tradeFX4btc

Member Since Sep 13, 2017  123 posts tradeFX4btc Nov 13 2019 at 13:08
niceGLer posted:
Ain't that called churning, which is prohibited in rebate programs usually?

Cryptocurrency trading is a lot different than forex. Exchanges encourage market making because it adds liquidity to their books and helps other traders enter and exit their positions with less slippage. As a result, some exchanges offer rebates to traders who use limit orders(maker) instead of market orders(taker). You can learn more about this on my steemit blog https://steemit.com/cryptocurrency/@hedgebitcoin/why-market-making-is-essential-for-all-crypto-currencies

Be humble
tradeFX4btc

Member Since Sep 13, 2017  123 posts tradeFX4btc Nov 13 2019 at 13:11
tacet posted:
update us about your binance bridge pls

Currently supports all markets with limit orders and market orders. (OCO, stop orders, and stop limit are still in development).
You can fetch the price, orderbooks, wallets, open orders with my UI. If there are any other features you need let me know.

I'll be working on the BinanceFutures shortly.

Be humble
tacet

Member Since Mar 10, 2019  57 posts tacet Nov 14 2019 at 08:35
tradeFX4btc posted:
tacet posted:
update us about your binance bridge pls

Currently supports all markets with limit orders and market orders. (OCO, stop orders, and stop limit are still in development).
You can fetch the price, orderbooks, wallets, open orders with my UI. If there are any other features you need let me know.

I'll be working on the BinanceFutures shortly.


good, continue - could be very interesting.

every beautiful garden has a strong hedge around
tradeFX4btc

Member Since Sep 13, 2017  123 posts tradeFX4btc Jan 09 at 09:53
Happy New Years everyone,

I am testing binance futures now. Anyone interested in testing and bug reporting. Binance Futures has a testnet so it wouldn't cost you anything to try it out besides your time.

Be humble
tacet

Member Since Mar 10, 2019  57 posts tacet Jan 09 at 18:10
why futures, not standard trade?

every beautiful garden has a strong hedge around
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