README
Trading bot running on Bybit, OKX, Bitget, GateIO, Binance, Kucoin and Hyperliquid
:warning: Used at one's own risk :warning:
Overview
Passivbot is a cryptocurrency trading bot written in Python and Rust, intended to require minimal user intervention.
It operates on perpetual futures derivatives markets, automatically creating and cancelling limit buy and sell orders on behalf of the user. It does not try to predict future price movements, it does not use technical indicators, nor does it follow trends. Rather, it is a contrarian market maker, providing resistance to price changes in both directions, thereby "serving the market" as a price stabilizer.
Order planning is computed by a shared Rust orchestrator used by both live trading and backtesting for speed and consistency. Also included is an optimizer, which finds better configurations by iterating thousands of backtests with different candidates, converging on the optimal ones with an evolutionary algorithm.
Strategy
Inspired by the Martingale betting strategy, the robot will make a small initial entry and double down on its losing positions multiple times to bring the average entry price closer to current price action. The orders are placed in a grid, ready to absorb sudden price movements. After each re-entry, the robot quickly updates its closing orders at a set take-profit markup. This way, if there is even a minor market reversal, or "bounce", the position can be closed in profit, and it starts over.
Trailing Orders
In addition to grid-based entries and closes, Passivbot may be configured to utilize trailing entries and trailing closes.
For trailing entries, the bot waits for the price to move beyond a specified threshold and then retrace by a defined percentage before placing a re-entry order. Similarly, for trailing closes, the bot waits before placing its closing orders until after the price has moved favorably by a threshold percentage and then retraced by a specified percentage. This may result in the bot locking in profits more effectively by exiting positions when the market shows signs of reversing instead of at a fixed distance from average entry price.
Grid and trailing orders may be combined, such that the robot enters or closes a whole or a part of the position as grid orders and/or as trailing orders.
Forager
The Forager feature dynamically chooses the most volatile markets on which to open positions. Volatility is defined as the mean of the normalized relative range for the most recent 1m candles, i.e. mean((ohlcv.high - ohlcv.low) / ohlcv.close).