ftx-position-server

FTX-Entry-Stop

This is a script for managing the entrance of a trade on the FTX exchange built using ccxt and ftx-api-ws packages

Installation

Clone into repo and install packages

Usage

Currently the only way to use this is to run use node to run the script with arguments for example:

node index.js -p ETH-PERP -a 1 -e 150 -s 125

Roadmap

There are several features that I want to add to this:

• Make this an npm package so that it can be run system wide
• Add post entry order management:
  • The three different order management strategies 1)If after 3 post entry candles, position is not in profit, cancel position 2)If price moves more than 15% in favour of position within the first 3 candles, move stop to higher low (long) / lower high (short) on 1 timeframe lower than entry timeframe 3)If trade has moved up but not more than 15% as to trigger order management function 2, move the stop to the '61.8% fib level'

License

ISC