07-12-2018, 05:09 AM
Quote:One friend who is into coding and all the stuff told me, that he looked up into the Gekko source code and that Gekko only can run on limit market trades. Is that right?
He is exactly right as of this moment. However I am in the process of updating this (read below). Note that Gekko doesn't just put 1 limit order in the orderbook, it will constantly move and adjust this order around the orderbook using something called a "sticky order" (Note this is a gekko concept and does not exist on exchanges). See here for more info: https://gekko.wizb.it/docs/gekko-broker/...order.html
Quote:For my live Gekko I changed in the bitfinex.js the code from "exchange limit" to "exchange market".
I love people hacking gekko's code, it's an open project and you can do whatever you want with it. That said: These kind of changes might result in Gekko behaving weird: If you do market orders and Gekko tries to follow up on the order (which Gekko still thinks is a limit order) and it isn't there you can get Gekko trying to create it again and things like that. Also it might be able figure out details of the executed trade.
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Recently I released Gekko 0.6 which is a major release. It comes with a new library called Gekko Broker that will very soon be able to a lot more than sticky orders. First step will be stop orders, see discussion here: https://forum.gekko.wizb.it/thread-57314.html but we will definitely need market orders asap for situations where people are trading on very iliquid markets (small coins and such).