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Launch Hummingbot Miner

Overview

Learn how to use advanced market making strategies


These advanced parameters give you more control over how your bot behaves. Please take the time to understand how these parameters work before risking extensive capital with bots that utilize them.

There are two ways to configure these parameters:

  1. Run config to see the current strategy settings. Run command config [parameter_name] to reconfigure the parameter.
  2. Outside of the Hummingbot client, you can edit the strategy configuration file directly using a text editor and then import it later.

Advanced Pure Market Making Parameters

ParameterDefinition
Order LevelsSet the number of order levels to place for each side of the order book.
Inventory SkewSet and maintain a target inventory split between base and quote assets.
Filled Order DelaySet the duration of how long to wait before placing the next set of orders in case at least one of your orders gets filled.
Hanging OrdersIf enabled, the orders on the side opposite to the filled orders remains active.
Minimum SpreadSet the minimum spread value for active orders to be cancelled when the spread falls below this value
Order Refresh ToleranceSet the spread (from mid price) to defer order refresh process to the next cycle.
Price BandPlace only sell orders when mid price goes above this price.
Ping PongSet the buy and sell orders to be place alternately.
Order OptimizationSet bid and ask order prices to be adjusted based on the current top bid and ask prices in the market.
Add Transaction CostsIf enabled, the transaction costs are added to order price calculation.
External Price SourceIf enabled, set external pricing source for the mid price.
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