Mean Reversion Bot for Binance / Bot de Reversión a la Media para Binance
BF&Co.Investment’s
April 25, 2025
A mean reversion bot profits on XRP ($2.16) using 20-SMA, RSI (<30 buy). Buy 5% below SMA; sell at SMA. Profit Probability (PP): (0.70 * 0.05) - (0.30 * 0.03) = 0.026 (2.6%/trade). Code:
from binance.client import Client
client = Client(api_key, api_secret)
def mean_revert():
try:
klines = client.get_klines(symbol='XRPUSDT', interval='1h', limit=50)
sma20, rsi = calculate_indicators(klines) # User-defined
price = float(klines[-1][4])
if price < sma20[-1] * 0.95 and rsi[-1] < 30:
order = client.order_market_buy(symbol='XRPUSDT', quantity=100)
entry = float(order['fills'][0]['price'])
elif price >= sma20[-1]:
client.order_market_sell(symbol='XRPUSDT', quantity=100)
except Exception as e:
print(f"Error: {e}")
Forbes notes ETF volatility. Optimize: 1h data, 3% stop. Risks: trends, news shocks. Our take: 15-20% monthly gains. Will mean reversion bots win? Share your thoughts! #MeanReversionBot #Binance #Crypto