Gekko - The Open Source Bitcoin Trading Bot
Gekko is an outstanding open source platform designed specifically for automating trading strategies in the bitcoin markets. It offers a plethora of features that make it a powerful tool for traders.
The core features of Gekko are truly impressive. It aggregates live market data, allowing traders to stay updated with the latest market trends. It also calculates various indicators to assist in making informed trading decisions. Moreover, Gekko can execute live orders through its tradebot functionality and simulate order execution with its paper trader feature. It also calculates profit and risk metrics, providing a comprehensive understanding of the trading performance.
In terms of usage, defining your own trading strategy is straightforward with Gekko. Once defined, the platform takes care of all the necessary operations. It manages and imports historical market data, enabling backtesting to validate strategies against past market conditions. Additionally, it can simulate live markets using historical data, offering valuable insights.
Gekko is not only feature-rich but also highly customizable. It is free and 100% open source, allowing users to download and run the software on their own machines. It supports 16 different exchanges, giving users the flexibility to interact with their preferred exchanges. The platform also makes it possible to create trading strategies using TA indicators and backtest them over historical market data or run them against the live market.
Another notable aspect of Gekko is its plugin system. With plugins available for various platforms like IRC, Telegram, and email, users can stay updated wherever they are. The web interface is another great feature, allowing users to monitor local data, strategies, run backtests, and visualize the results. Moreover, Gekko runs flawlessly on all major operating systems, including Windows, Linux, and macOS, and can even be run in the cloud or on a Raspberry Pi.
In conclusion, Gekko is a comprehensive and powerful trading bot platform that offers a wide range of features and flexibility for bitcoin traders. Whether you are a beginner or an experienced trader, Gekko provides the tools and capabilities to enhance your trading experience.
