Contract trading method, one-click solution: STOP_LOSS_LIMIT + Trailing Stop! 🚀💡 Let’s implement order tracking with Python! 🎯 Automatic ordering + Smart stop-loss + One-click cancellation, release anxiety, handle with ease, maximum efficiency! ⏳
🔥 Code breakdown & Detailed comments
import ccxt.pro # Using ccxt
import asyncio
async def example_1():
exchange = ccxt.pro.binance({ # Connect to Binance
'apiKey': 'YOUR_API_KEY',
'secret': 'YOUR_SECRET',})
# 🔹 1. **Load market data**
markets = await exchange.load_markets(True) # Get the latest market data, parameter True means force update
# 🔹 2. **Create STOP_LOSS_LIMIT order (buy + 5% trailing stop)**
symbol = 'LTC/USDT' # Freely set trading pair (LTC/USDT)
type = 'STOP_LOSS_LIMIT' # Order type: stop-loss limit order
side = 'buy' # Direction: buy
amount = 10 # Purchase quantity: 10 LTC
price = 80 # Trigger buy price: 80 USDT, or set a strategy variable
params = {
'trailingDelta': 500, # Trailing stop 5% (500 BIPS = 5%)
}
exchange.verbose = True # ✅ **Enable detailed logs for easier code debugging**
# **Order request**
create_order = await exchange.create_order(symbol, type, side, amount, price, params)
print('Create order id:', create_order['id']) # ✅ **Output order ID, confirm order creation successful**
# 🔹 3. **One-click cancellation**
canceled_order = await exchange.cancel_order(create_order['id'], symbol)
print('Canceled order:', canceled_order) # ✅ **Cancellation information, confirm cancellation successful**
await exchange.close() # ✅ **Close connection, release resources**
# Run asynchronous task
asyncio.run(example_1())
🚀 Why use STOP_LOSS_LIMIT + Trailing Stop?
🔹 Prevent market crashes: When the price drops below the set point, automatic stop-loss to avoid huge losses!
🔹 Automatically track profits: When the market rises, the stop-loss price is adjusted upwards to lock in profits!
🔹 Smart cancellation: No fear of wrong orders or mistakes, trading is more stable!
🔥 Python + Binance API, let smart trading begin!
📌 More communication 🚀 BOOMCOO0
