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BUY THE DIP
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BUY THE DIP
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import web3 import time
def buy_the_dip(w3, pair, amount, dip_level, check_interval): """Realizes the BUY THE DIP strategy.
Args: w3: The Web3 object connected to the wallet. pair: The trading pair (e.g., "ETH/XYZ"). amount: The amount of the buy order. dip_level: The price level below which you want to buy the asset (as a percentage of the current price). check_interval: The interval to check the price of the asset (in minutes). """ # Get the current price of the asset current_price = get_current_price(pair)
# Calculate the dip level dip_price = current_price * (1 - dip_level / 100)
while True: # Wait until next check time.sleep(check_interval * 60)
# Get the current price of the asset current_price = get_current_price(pair)
# If the asset price falls below the dip level, place a buy order if current_price <= dip_price: order = w3.eth.contract(
address=get_exchange_contract_address(pair), abi=get_exchange_abi(pair) ).functions.functions.createOrder( pair, amount, current_price ).buildTransaction()
# Send order transaction_hash = w3.eth.sendTransaction(order)
# Wait for the order to be executed receipt = w3.eth.wait_for_transaction_receipt(transaction_hash)
# Check if the order has been executed if receipt["status"] == 1: print("Buy order executed.") else: print("Failed to execute buy order.")
# Function to get the current price of an asset def get_current_price(pair): # ....
# Function to get the exchange contract address def get_exchange_contract_address(pair): # ...
# Function to get the ABI of the exchange contract def get_exchange_abi(pair): # ... ```