Trading Bot

The Trading Bot algorithm is designed to automate the process of buying or selling a particular asset (such as cryptocurrency or stocks) based on certain conditions. In this case, the example provided uses a cryptocurrency trading bot that interacts with a Binance API to fetch the latest market prices and places a buy order if the price of an asset drops below a predefined threshold.

def check_and_trade(symbol="BTC/USDT", threshold=30000):
    # Fetch current price
    ticker = binance.fetch_ticker(symbol)
    current_price = ticker['last']
    
    print(f"Current {symbol} Price: {current_price}")
    
    # Trade decision: Buy if price is lower than threshold
    if current_price < threshold:
        print("Price is below threshold, buying...")
        order = binance.create_market_buy_order(symbol, 0.01)  # Buy 0.01 BTC
        print(f"Order placed: {order}")
    else:
        print("Price is above threshold, not buying.")