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Build Your First Trading Bot in 30 Minutes: A BitMEX & ProfitView Webinar

  • Updated

BitMEX, in collaboration with ProfitView, presented a webinar aimed at empowering users to elevate their crypto trading skills. The session, Build Your First Trading Bot in 30 Minutes, provided attendees with the essential knowledge and practical techniques to get started with automated crypto trading. Participants learned how to set up and deploy a basic grid bot on the BitMEX platform using ProfitView.

You can find a full recording of the webinar below, or read on for a summary of the session and the topics discussed.

 

Webinar Highlights

The webinar began with a live demonstration of a grid trading bot operating on BitMEX, offering participants a practical insight into the functionality of automated trading.

The session then covered fundamental topics and key concepts related to crypto trading bots:

  • Market Regimes and Algorithms: Exploring the relationship between market conditions and algorithmic trading strategies.
  • Algorithmic Trading Principles: An overview of how algorithmic trading systems function.
  • Trading Signal Concepts: Understanding the role and types of trading signals.
  • Bot Infrastructure: An explanation of the underlying infrastructure of trading bot platforms.
  • Event-Driven vs. Candle-Based Trading: A comparison of event-driven and candle-based trading approaches.
  • Types of Trading Bots: A survey of different trading bot categories.

 

Practical Implementation

To facilitate hands-on learning, attendees received a live demonstration of how to set up and implement their own crypto trading bots on ProfitView, including:

  • API Key Setup: Configuring API keys for BitMEX and ProfitView integration.
  • Code Implementation: Implementing the necessary code for trading bot operation.
  • External Library and Signal Integration: Incorporating external libraries and trading signals.

 

Interactive Q&A

The webinar concluded with an interactive Q&A session, providing attendees with the opportunity to ask questions and gain further clarification.

 

Resources for Traders

To support attendees in their ongoing trading endeavors, the following resources were provided:

  • GitHub Code Template: A GitHub library containing a grid bot code template.
  • AlgoAcademy Guild Invitation: An invitation to join the AlgoAcademy Guild on BitMEX.

 

Join the AlgoAcademy Community

The AlgoAcademy Guild is a platform for crypto traders to collaborate with experienced bot traders, exchange strategies, and participate in weekly competitions for cash prizes.

Interested traders can join the AlgoAcademy Guild here or connect with fellow traders on the AlgoAcademy Discord here.

 

 

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