Coinbase Diversified Portfolio

This project consist of a simple "trading" application that perform recurring orders of crypto products from Coinbase Pro based on simple strategies.

Basically the algorithm does the following:

1. Gets all tradable product for the given market (e.g. EUR)
2. Gets the historical tickers of all tradable products for the interval specified (--interval)
3. It computes the trends for every product based on how much it gained across the interval given
4. Based on the --limit parameter it selects only a subset of the products trends
5. Based on the specified strategy it select the products to buy
   • gainer: select the top gaining products
   • loser: select the top loosing products
   • topvolume: select products with most market volume
   • lessvolume: select products with less market volume
   • mixed: alternate strategies at every run
6. Divide the given amount (--amount) based on the gain/loss
7. Execute trading orders

When running the mixed strategy, at every run the latest strategy is saved to a strategy.lock file.

Disclaimer: This software is for educational purposes only. Please be carefull when trading with real money. The author assume no responsibility for your trading results! Use this at your own risk!

Getting started

In order to generate real orders and access account balance you need an API key for Coinbase Pro. You can get one at https://pro.coinbase.com/profile/api (provide view and trade permissions). Please use the config template config.template.json to create a new config.json with your API info.

{
    "type": "Exchange type: coinbase | kraken",
    "url": "API endpoint",
    "key": "ID of API key",
    "passphrase": "passphrase",
    "b64secret": "base64 encoded secret"
}

Coinbase api url is https://api.pro.coinbase.com.

If you only want to simulate, you dont need a specific api key, simply use following config file (example for coinbase):

{
    "type": "coinbase",
    "url": "https://api.pro.coinbase.com",
    "key": "",
    "passphrase": "",
    "b64secret": ""
}

Please install dependencies via requirements.txt:

pip3 install -r requirements.txt --user

Simulation

Explore the options with ./trader.py simulate --help or just run it straight with: ./trader.py simulate to generate a simulation with default parameters.

Trading

When running ./trader.py run make sure you specify the right --config file. Orders gets executed automatically, please use a sandbox API if you just want to test this out!.

The sandbox endpoint only offer a very small subset of markets, thats why executing orders will mostly fail with Product not found error.

$ ./trader.py run --config=config.sandbox.json

# --- OUTPUT CUT ---

Trends:
-------
BNT-EUR: 36.27%
ETC-EUR: 21.73%
BCH-EUR: 19.49%
LTC-EUR: 14.61%
CGLD-EUR: 12.15%
BTC-EUR: 11.59%
LINK-EUR: 9.64%
EOS-EUR: 8.24%
OMG-EUR: 5.85%
ETH-EUR: 4.68%

Executing orders:
-------
Executing BNT-EUR order 14.1939 EUR
Failed to execute order: {'message': 'Product not found'}
Executing BCH-EUR order 14.28 EUR
Failed to execute order: {'message': 'Product offline'}
Executing CGLD-EUR order 9.2747 EUR
Failed to execute order: {'message': 'Product not found'}
Executing EOS-EUR order 10.214 EUR
Failed to execute order: {'message': 'Product not found'}
Executing OMG-EUR order 2.0278 EUR
Failed to execute order: {'message': 'Product not found'}

The simplest method to run this in a recurrent fashion is via cron:

0 12 * * 6 ( cd /home/pi/coinbase/ ; ./trader.py run --strategy=mixed --amount=60 --interval=7 --limit=15 --config=config.sandbox.json >> /home/pi/coinbase.log 2>&1 )

With the above crontab expression we run the ./trader.py every saturaday at 12:00.