Free open source market making bot
The free open source OctoBot Market Making is a distribution of the open source cryptocurrency trading robot OctoBot. This automation software can be installed and used for free to automate simple market making strategies and is the backbone of all strategies of this platform.
The cloud version of OctoBot Market Making, available on market-making.octobot.cloud, is an advanced version of the OctoBot Market Making distribution, adding multiple functionalities such as:
- Advanced market making strategies
- Tailored configurations
- Liquidity monitoring
Installing the free OctoBot Market Making
Using Docker
pull drakkarsoftware/octobot:marketmaking-stable
Using Python
git clone https://github.com/Drakkar-Software/OctoBot-Market-Making
cd OctoBot-Market-Making
python -m pip install -Ur requirements.txt
python start.py
Configuring the OctoBot Market Making distribution
The OctoBot Market Making distribution supports more than 15 exchanges and its market making strategy can be configured in the following way.
- Exchange liquidity configuration: Set how many bids and asks must be included in your strategy and the price range your orders should cover.
- Order book maintenance: The bot will automatically replace filled orders and adapts the order book according to the up-to-date price of your traded pair.
- Arbitrage protection: OctoBot Market Making protects your funds from arbitrage by using the most liquid exchange prices.
Testing a market making strategy with virtual funds
OctoBot Market Making comes with a built-in trading simulator to test strategies with virtual funds.
Configure your market making strategy and test it risk-free with paper money before connecting your bot to a real exchange account.