Automated Trading Overview

API Keys : BitMEX

A quick guide to explain the steps needed to create and set up API keys for BitMEX trading.

Creating a set of API keys

You should create a set of API keys just for Alertatron, as this makes it simple to remove access at a later date without affecting any other services you use that also require API keys.

  1. Log into your BitMEX account, or your BitMEX Testnet account.
  2. Go to the API management page and create a new set of API keys. The image below shows the correct settings. You'll need to give the keys order permissions.
  3. You'll be given an ID and a secret key. Make a note of these.

Adding the keys to Alertatron

  1. Go to your Trading Bot group and click on the trading bot integrations icon to open it's settings (see image below).
  2. Choose BitMEX from the exchange list.
  3. Give the keys a name. This name is how you will refer to this set of API keys when you send orders to Alertatron. It should be letters only.
  4. Enter the ID into the Key field.
  5. Enter the secret into the Secret field.
  6. If the keys are for your Testnet account, instead of the live account, then enable the Use testnet option.
  7. Save the changes.
Switch to your Trading Bot group and click on the integration icon to add keys.
Switch to your Trading Bot group and click on the integration icon to add keys.
Choose BitMEX from the drop list of exchanges and enter your API key.
Choose BitMEX from the drop list of exchanges and enter your API key.

Once you have saved your API keys, Alertatron will set up and deploy an instance of the trading bot. It can take a few minutes to deploy and configure your new trading server, but once it is ready it's status will change to Ready for Commands.

Once ready, you can switch to the Logs tab to see a history of commands executed and a detailed log of how those commands handled and processed the commands.

Sending a test

Now your server is ready, it is a good idea to send a test command to it, to make sure everything is working as it should.

Set up an alert that includes the following text in it (it can have other text in the message though). Note that you'll need to change YourAPIKeyName to the name you used in step 2 of 'Adding the keys to Alertatron'.

YourAPIKeyName(XBTUSD) { limitOrder(side=buy, amount=1, offset=100); }

When this alert is triggered, your bot will place a limit order on the XBTUSD instrument to buy 1 contract. The order will be $100 below the current price. You can simply cancel this order after it is created.

Why not take a look at our getting started guide.

Some images from Unsplash

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