I want to implement Bulk Volume Classification method with Binance in a smaller time frame (e.g. 1 min). For this, I need to have tick data with bid and ask price and volume. I am not sure if I can access this historical data on Binance. Overall, it would be great to hear it from someone who already tested the similar thing. I would have few questions regarding this:
- Can I get histrical data from binance to backtest and run it lively?
- Is it worth to try it in smaller time frames (e.g. 1 min) taking binance fees into account?
- Does this method have chances to succeed with this setup?
Thans in advance :)
Mia Alissi
Answers to Khayal's Questions:
Can I get historical data from Binance to backtest and run it live?
Is it worth trying it in smaller time frames (e.g., 1 min) considering Binance fees?
Does this method have chances to succeed with this setup?
Implementation Tips:
Setting Up the Algorithm:
Considerations:
add_cryptomethod to add the desired cryptocurrency pairs to your algorithm for analysis and trading.By carefully considering these factors and continuously refining your approach, you can increase the likelihood of success with the Bulk Volume Classification method on smaller time frames using Binance data.
Sources: Binance Crypto Price Data - QuantConnect.com, Binance US Crypto Price Data - QuantConnect.com, Binance Crypto Future Price Data - QuantConnect.com, Binance - QuantConnect.com, Bybit Crypto Futures Regression Algorithm
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Khayal Musayev
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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