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Fee Structure: Leveraging MEXC’s 0% spot fee promotion for both Maker and Taker orders. Infrastructure: Python-based bot using the CCXT library hosted on a Tokyo-based AWS/cloud server for minimum latency to MEXC's matching engine. Trade Execution Logic Entry (The Breakout): Order Type: Stop-Limit Buy. Trigger: Price rises +4 points from start (e.g., ). Price Guarantee: Limit price is set exactly at the trigger () to avoid buying higher. Monitoring & Safety: Gap Protection: If the market price exceeds the limit without filling, the bot cancels the order immediately to avoid "chasing." Partial Fill Handling: If only a portion fills, the bot cancels the remainder and adjusts the exit size to match the filled amount. Exit (The Scalp): Take Profit: Limit Sell at +2 points from entry (). Stop Loss: Stop-Limit Sell at -2 points from entry (). Technical Implementation Connection: Use MEXC WebSockets for real-time price streaming instead of REST API polling to reduce latency. Rate Limits: Ensure the bot stays within MEXC's limit of 5 orders per second to avoid API bans. Order Sync: Use the post Only parameter for Limit Sells to ensure they stay on the book as Maker orders, further protecting against unexpected fee changes. import ccxt import time exchange = [login to view URL]({'apiKey': 'YOUR_KEY', 'secret': 'YOUR_SECRET'}) symbol = 'XRP/USDT' tick = 0.0001 # 1 point def run_scalp(): # 1. Place Stop-Limit Entry (+4 points) params = {'stopPrice': trigger_price, 'type': 'STOP_LIMIT'} order = exchange.create_order(symbol, 'limit', 'buy', 680, trigger_price, params) # 2. Gap & Partial Fill Monitor while True: order_info = exchange.fetch_order(order['id'], symbol) current_price = exchange.fetch_ticker(symbol)['last'] if order_info['status'] == 'closed': place_exits(order_info['amount'], order_info['price']) break # If price gaps +2 points past limit, cancel if current_price > (trigger_price + (2 * tick)): exchange.cancel_order(order['id'], symbol) if order_info['filled'] > 0: place_exits(order_info['filled'], trigger_price) break [login to view URL](0.1) # Fast Tokyo polling CAN ONLY PAY 30 USD.
Project ID: 40309678
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Hi, I have checked the details. I am a senior engineer with over 7 year of experience on Java, Python, Linux, Algorithm, Software Architecture, API, Automation, Cryptocurrency. Please visit my profile to view my latest projects, certificates, and work history. Let's connect in chat to discuss more. Regards, Matheus
£20 GBP in 7 days
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Hi, I understand the project requirements for developing a Python-based crypto trading bot leveraging MEXC's 0% spot fee promotion for Maker and Taker orders. The bot will be hosted on a Tokyo-based AWS/cloud server to ensure minimum latency to MEXC's matching engine. The trade execution logic involves implementing a Stop-Limit Buy order for entry when the price rises by +4 points, with precise monitoring for gap protection and partial fill handling. The exit strategy includes a Take Profit Limit Sell at +2 points and a Stop-Loss Stop-Limit Sell at -2 points from entry. For technical implementation, the bot will utilize MEXC WebSockets for real-time price streaming, adhere to rate limits to prevent API bans, and use the post Only parameter for Limit Sells to maintain them as Maker orders. I have experience in developing similar trading bots and can ensure efficient execution of the project. I will share my relevant portfolio for your review. Feel free to connect for further discussion. Best regards, Taneem
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Burnley, United Kingdom
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