Pingpong

[L2b2n]

one thing bothers me about ping-pong. that he always buys at the same price +- as soon as the chart is +100, the bot no longer trades. can this be adjusted? that he automatically bought a range, say -+30% of the starting price where the bot started?

[L2b2n]

example

const Solana = require('solana-web3.js');
const {BigNumber} = require('bignumber.js');
const solana = new Solana.Connection('http://testnet.solana.com:8899');

const privateKey = 'YOUR_PRIVATE_KEY';
const account = new Solana.PublicKey(privateKey);

// Define the scalping parameters
const spreadThreshold = 0.01; // 1% spread threshold
const profitThreshold = 0.005; // 0.5% profit threshold

// Function to get the current order book
const getOrderBook = async () => {
const orderbook = await solana.getOrderbook('SOL', 'USDC');
return {
bid: orderbook.bids[0].price,
ask: orderbook.asks[0].price,
}
}

// Function to execute a trade
const executeTrade = async (amount, price, isBuy) => {
const order = {
account: account,
amount: new BigNumber(amount),
price: new BigNumber(price),
isBuy: isBuy,
tokenA: 'SOL',
tokenB: 'USDC'
};
const result = await solana.createOrder(order);
console.log(Trade executed: ${isBuy ? 'Bought' : 'Sold'} ${amount} ${order.tokenA} at ${price} ${order.tokenB});
return result;
}

async function scalpingStrategy() {
while (true) {
const orderbook = await getOrderBook();
const spread = (orderbook.ask - orderbook.bid) / orderbook.bid;
if (spread > spreadThreshold) {
const amount = 1;
const buyPrice = orderbook.bid;
const sellPrice = orderbook.ask - (profitThreshold * orderbook.ask);
await executeTrade(amount, buyPrice, true);
await executeTrade(amount, sellPrice, false);
}
await new Promise(resolve => setTimeout(resolve, 5000));
}
}

scalpingStrategy();