Open Source
Hummingbot is open source, meaning the source code is publicly accessible. Users can audit the code, contribute to development, and customize the bot to their specific needs.
Customizable
The platform allows for vast customization of trading strategies through scripting and configuration files, catering to both novice and experienced traders.
Supports Multiple Exchanges
Hummingbot supports multiple cryptocurrency exchanges, providing users with the flexibility to execute arbitrage and market making across various platforms.
Community and Support
An active community and comprehensive support resources including documentation, forums, and active developers help users troubleshoot issues and optimize their trading strategies.
Free to Use
Hummingbot can be used for free, which lowers the barrier to entry for individuals interested in algorithmic trading.
Hummingbot is a solid choice for those interested in algorithmic trading within the cryptocurrency market. Its open-source platform is particularly appealing for users who want to customize their trading strategies and have some level of technical expertise to set it up and maintain it.
We have collected here some useful links to help you find out if hummingbot is good.
Check the traffic stats of hummingbot on SimilarWeb. The key metrics to look for are: monthly visits, average visit duration, pages per visit, and traffic by country. Moreoever, check the traffic sources. For example "Direct" traffic is a good sign.
Check the "Domain Rating" of hummingbot on Ahrefs. The domain rating is a measure of the strength of a website's backlink profile on a scale from 0 to 100. It shows the strength of hummingbot's backlink profile compared to the other websites. In most cases a domain rating of 60+ is considered good and 70+ is considered very good.
Check the "Domain Authority" of hummingbot on MOZ. A website's domain authority (DA) is a search engine ranking score that predicts how well a website will rank on search engine result pages (SERPs). It is based on a 100-point logarithmic scale, with higher scores corresponding to a greater likelihood of ranking. This is another useful metric to check if a website is good.
The latest comments about hummingbot on Reddit. This can help you find out how popualr the product is and what people think about it.
Hummingbot is great for traders who want to provide liquidity and profit from bid-ask spreads. Itโs highly customizable and supports advanced trading strategies. - Source: dev.to / 7 months ago
I found this one called hummingbot and one of cryptomaton (an user from this sub). Source: almost 3 years ago
As a tool-maker (I"m one of the founders of hummingbot.org), my advice is to figure out what parts of your strategy is core to its success, and which parts are non-core and generic. Use tools to "outsource" the non-core bits so that you can focus on the core parts. Source: almost 3 years ago
Tradingview.com - subscription cost Https://github.com/TheHolyRoger/RogerThat - no cost Https://hummingbot.org/ - no cost. Source: almost 3 years ago
Btw https://hummingbot.io/ not sure Terra is supported yet tho. Source: over 3 years ago
Check out https://hummingbot.io. They are built for market making and arbitrage strategies. It has built-in support for a number of centralized exchanges as well as Ethereum, Terra and other protocols common for DeFi (what it sounds like you're trying to do). It's also written in python so it's easy to extend if it does not do what you want/need out of the box. Source: about 4 years ago
I also use 3commas.io, coinrule.com and most recently Hummingbot. In order of profitability, Hummingbot would be my most profitable followed by 3commas, then Pionex and lastly Coinrule. In terms of "easy" profit, Pionex ranks far beyond any of the other ones, though. Grid bots are a proven type of trading bot and no other platform I've used has grid bots that perform as well as the Pionex ones while still being so... Source: about 4 years ago
You are thinking about Hummingbot; its an automated algo software system that you can use in conjunction with NDAX's API. I am not too familiar with the inner workings of it but you can set custom parameters or use pre-made trading strategies that come with the software. I think you can exclusively use it with NDAX but you can also connect it to different exchanges to get access to other assets not traded on NDAX.... Source: about 4 years ago
I work for a digital asset fund and can tell you that HaasOnline and Hummingbot are the two names that pop up the most often when it comes to custom trading software. Those might be worth a look. Source: about 4 years ago
Hoping to concurrently run a spot and futures position. So yes, it'll have to manage positions on multiple exchanges simultaneously. I'm building off hummingbot (https://hummingbot.io/ and ccxt), so it's just a matter of learning it's codebase, and extending off it fast and robustly. Source: about 4 years ago
If anyone wants to use a completely professionally developed, open source trading bot that supports pretty much every exchange, I'd recommend checking out Hummingbot https://hummingbot.io/. Source: over 4 years ago
Isn't that what arbitragers do? Anyone can do this, either manual, by using terraswap for on-chain and some CEX for off-chain, or use the automation script, to do it instead of you. Most commonly used platform for automating such things is the Hummingbot project. Source: over 4 years ago
Yep and you can do it with https://hummingbot.io/. Source: over 4 years ago
Https://www.cryptohopper.com/features/market-making-bot Https://zignaly.com/crypto-knowledge-base/market-making-bot Https://hummingbot.io/ Https://empirica.io/crypto-market-making/. Source: over 4 years ago
Now there was a discussion about one of those customizable trading bots, like what you can do on https://hummingbot.io/ which I think it's the most well-known in this domain. Source: over 4 years ago
I created certs which show up in Windows in the path C:\Users\orang\AppData\Local\hummingbot.io\Hummingbot\certs, but when I try following the creating a gateway I cannot get Ubuntu to recognize the correct path. I've tried adding /mnt/c, changing around the direction of slashes, adding and removing certain parts, always I get. Source: over 4 years ago
If anyone wants to use a completely professionally developed, open source trading bot that supports pretty much every exchange, I'd recommend checking out Hummingbot Https://hummingbot.io/. Source: over 4 years ago
Https://hummingbot.io this one is pretty good. All their code base is on GitHub and they have a pretty good community. Iโm not affiliated, but I think itโs pretty neatly done! Source: over 4 years ago
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