We also recommend that users read the Hummingbot whitepaper for more details about trading strategies.
config command walks you through the process of initializing and configuring the global and strategy-specific settings necessary to run the bot. Running the command will create the following files in the
||Global configuration settings, e.g. Binance API keys and Ethereum node.|
||Settings for the arbitrage strategy.|
||Settings for the cross-exchange market making strategy.|
||Settings for the pure market making strategy.|
||Settings for the discovery strategy.|
Editing Configuration Files Directly
Once they are created, you may find it easier to edit the configuration files in the
conf/ folder. Simply open them with a text editor and make any desired modifications.
config, you are asked to select a strategy and enter strategy-specific configuration parameters. We have developed walkthroughs for each strategy:
Essential Trading Considerations
When configuring your bot, make sure you are aware of your exchange's minimum order sizes and fees, and check that your trading pair has sufficient order book and trading volumes. You can find more info about specific exchanges in the connector section.
In order to trade on a centralized exchange, you will need to import your API key from that exchange to Hummingbot. API keys are account specific credentials that allow access to live information and trading outside of the exchange website.
Please see below for instructions to find your API keys for the exchanges that Hummingbot currently supports:
API key permissions
We recommend using only "trade" enabled API keys; enabling "withdraw", "transfer", or the equivalent is unnecessary for current Hummingbot strategies.
Config file templates¶
This configuration files created and used by Hummingbot are saved in the
conf/ directory of your instance, which you can edit directly with a standard text editor.
The template configuration files can be found here: Config Templates.
Exit Hummingbot and ensure it is not running when you modify the config files. Changes will take effect the next time Hummingbot is started.