InvestAnswers DCA Steroids ATH Script

gemini-dca-on-steroids.py

import json
import gemini
import requests

GEMINI_PUBLIC_KEY = ""  
GEMINI_PRIVATE_KEY = ""
symbol = "BTCUSD"
tick_size = 8
quote_currency_price_increment = 2
buy_amount = 100

GLASSNODE_API_KEY = ''
GLASSNODE_TOKEN = "BTC"
# make API request
resp = requests.get('https://api.glassnode.com/v1/metrics/market/price_drawdown_relative',
    params={'a': GLASSNODE_TOKEN, 'api_key': GLASSNODE_API_KEY})
distance_from_ath = round(resp.json()[-1]['v']*-1,3)

def _setBuyFactor(dist_ath):
    print(f"Distance from ATH: {dist_ath}")
    if dist_ath >= .35 and dist_ath < .4:
        buy_factor = 1.66
    elif dist_ath >= .4 and dist_ath < .45:
        buy_factor = 2.64
    elif dist_ath >= .45 and dist_ath <.5:
        buy_factor = 4.26
    elif dist_ath >= .5 and dist_ath < 1:
        buy_factor = 2
    else:
        buy_factor = 0
    print(f"Buy Factor: {buy_factor}")
    return buy_factor

def _buyCrypto(pub_key, priv_key):
    buy_factor = _setBuyFactor(distance_from_ath)
    print(buy_factor)
    if buy_factor > 0:
        #establish connection with Gemini
        trader = gemini.PrivateClient(pub_key, priv_key)
        #get BTC spot price
        symbol_spot_price = float(trader.get_ticker(symbol)['ask'])
        #factor for getting quick fill on limit order
        factor = 0.999
        #calculate execution price
        execution_price = str(round(symbol_spot_price*factor,quote_currency_price_increment))
        #calculate amount using the buy factor
        amount = round((buy_amount*buy_factor*0.998)/float(execution_price),tick_size)
        #place limit buy order for 0.999x ask price 
        buy = trader.new_order(symbol, str(amount), execution_price, "buy", ["maker-or-cancel"])
        print(f'Maker Buy: {buy}')
    else:
        print("No buy because buy factor was 0.")
        
def lambda_handler(event, context):
    _buyCrypto(GEMINI_PUBLIC_KEY, GEMINI_PRIVATE_KEY)
    return {
        'statusCode': 200,
        'body': json.dumps('End of script')
    }