Kelp is a free and open-source trading bot designed for the Stellar Universal Marketplace and centralized exchanges like Binance, Kraken, and CoinbasePro. With its modular design, Kelp allows you to configure various trading strategies, making it a flexible tool for traders looking to maximize their trading potential. In this guide, we will walk you through the steps to get started with Kelp and provide troubleshooting tips along the way.
Getting Started with Kelp
If you’re ready to dive into the world of automated trading with Kelp, follow these steps to get it up and running.
How to Get Kelp
You have several options to acquire Kelp:
- Download the pre-compiled binary suitable for your platform from the Github Releases Page.
- Compile Kelp from source if you prefer a custom setup.
Download Kelp Binary
To get the pre-compiled binaries:
- MacOS (Darwin): kelp-v1.12.0-darwin-amd64.tar
- Windows: kelp-v1.12.0-windows-amd64.tar
- Linux: kelp-v1.12.0-linux-amd64.tar
Run with Docker
If you prefer containerization, you can run Kelp using Docker:
Use the following commands:
- To check the version:
docker run nikhilsaraf/kelp:latest version - To start trading:
docker run nikhilsaraf/kelp:latest trade -c sample_trader.cfg -s buysell -f sample_buysell.cfg --sim
Compile from Source
For advanced users, you can compile Kelp from source:
- Ensure you have Golang v1.13 or later installed.
- Clone the repository:
git clone git@github.com:stellar/kelp.git - Run the build script:
.scripts/build.sh - Confirm the binary exists by running:
.bin/kelp version
Running Kelp
Once you have Kelp set up, it’s time to start trading. Kelp places orders on the Stellar marketplace based on your chosen strategy.
Commands Available
The commands available in Kelp include:
trade: Executes trades based on configured strategies.exchanges: Lists available exchange integrations.strategies: Lists available strategies.version: Displays version and build information.help: Access help for specific commands.
Example Command to Start Trading
To start the trading bot with the buysell strategy, use:
kelp trade --botConf .path/trader.cfg --strategy buysell --stratConf .path/buysell.cfgComponents of Kelp
Kelp is equipped with various components to enhance your trading experience:
- Strategies: Kelp’s strategies dictate how the trading bot interacts with the market.
- Price Feeds: Fetch live prices of assets from sources like CoinMarketCap and forex markets.
- Exchanges: Integration with multiple exchanges to ensure that you have flexible trading options.
Troubleshooting Tips
If you encounter any issues while using Kelp, consider the following tips:
- Check that you are using the correct configuration files and that they are correctly structured.
- Ensure that Docker is installed and correctly configured if you are using the Docker version.
- If Kelp fails to connect to exchanges, verify your internet connection and exchange API keys.
- If you face issues with CCXT, ensure that the CCXT REST server is running on the required port (3000).
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Conclusion
At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations.