Trademinator works differently than other trading bots. It has a client-server scheme which allows you to use a low-end hardware while keeping your private information with you. The following pictures show the basic chat between Trademinator open-source client and Trademinator Server. Please note these charts do not show exceptional cases, for example when you are running without a license.

  1. Trademinator open-source client pulls from the exchange private information: balance and opened orders. The open-source client does some math with that data.
  2. Trademinator open-source client asks Trademinator Server if it is a good time to do any trading action (sell or buy) involving the XXX_YYY pair (for example USDT_BTC). Trademinator open-source client will also send the math calculations. Please note that your private key will NOT be transmitted.
  3. Trademinator Server connects to the exchange, pulls public information and does math calculations to take a call.
  4. Trademinator Server will answer the Trademinator open-source client with a suggestion about what to do. The open-source client will do some extra calculation using your private information to decide the ultimate action.
  5. If suggested action from Trademinator Server is different than nothing, and final calculations from the open-source client agree with that, then the open-source client will send a trading direction to the exchange.

More technical information will be discussed in other articles of the Trademinator Knowledge Base.

About

Trademinator is an opensource trading bot that works in a SaaS scheme.

Trademinator is powered by Linux, PHP, Memcached, YAML