Automated Trading Overview

API Keys : Bybit

A quick guide to explain the steps needed to create and set up API keys for Bybit 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. Sign up to Bybit
  2. Log into your Bybit account and switch to the sub-account you want to trade with.
  3. Choose Account & Security from the drop down menu (top right of the page) and choose the API Management tab.
  4. Click on Create New Key.
  5. Choose Binding to a Third-Party Application, and choose alertatron.com from the drop down list, and set the permissions to Active Orders and Positions.
  6. Once your keys are created, make a note of the API Key and Private Key...

Adding the keys to Alertatron

  1. From the Automated Trading menu, choose Configure Api Keys. (see image below).
  2. Choose Bybit from the exchange list in the Add API Key form.
  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 API Key into the Key field.
  5. Enter the Private Key into the Secret field.
  6. If you created the API keys from a TestNet account, check the testnet option.
  7. Save the changes.
Choose _Configure Api Keys_ from the Alertatron menus.
Choose _Configure Api Keys_ from the Alertatron menus.

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.

Once ready, you can switch to the Logs tab to see a history of commands executed and a detailed log of how each of your commands was handled and processed. You'll also see a button in this tab to restart the server. This will shut down your bot, upgrade it to the latest version and start it up again.

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 3 of 'Adding the keys to Alertatron'.

YourAPIKeyName(BTCUSD) { limitOrder(side=buy, amount=10, offset=100); }

When this alert is triggered, your bot will place a limit order on the BTCUSD Perpetual market to buy $10 worth of contracts. 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 now.

Some images from Unsplash

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