Fixed-Interval Limit Orders for Newly Listed Trading Pairs

Summary

This small order-placement bot waits until it can retrieve a ticker for a newly added trading pair, treating ticker availability as a sign that trading has opened. It then submits a fixed number of limit orders and exits. For buy orders, prices step down from a configured starting price; for sell orders, prices step up. The user can set the spacing between orders, quantity per order, and an optional quantity increment for each successive order.

The document explicitly says the simple logic has not been tested, and it provides no backtest or execution results. It does not describe cancellation, repeated ticker checks after orders are submitted, order status handling, or safeguards for price limits and available funds. Ticker availability may also fail to capture all exchange listing or trading states. The approach is therefore a basic launch-time order ladder whose behavior depends on exchange API responses and the chosen price and size settings.

Key ideas

• The bot polls for a ticker and submits orders once market data becomes available.
• Buy orders descend from the starting price, while sell orders ascend.
• The order count, price spacing, base quantity, and quantity increment are configurable.
• The document states that the logic has not been tested and reports no results.
• It does not explain order cancellation or handling of rejected and unfilled orders.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.