A free scalping bot for trading is challenging to find because of the complexity involved in building, testing, and maintaining an effective scalping strategy. However, if you're comfortable with some coding, there are ways to create a basic bot or use free resources to help automate parts of your scalping strategy. Here’s a breakdown of free options and steps you could take:
### 1. **Using Pine Script on TradingView**
- TradingView’s **Pine Script** allows you to code and backtest simple strategies, including scalping strategies, on their platform.
- **How to Get Started**:
1. Open TradingView and go to the Pine Script editor.
2. Write a basic scalping strategy that buys or sells based on conditions (like moving averages, RSI, or MACD signals).
3. Run the strategy in backtesting mode to see its performance.
- While TradingView does not directly execute trades, it’s a great platform for developing and testing scalping strategies. You can then integrate alerts to send webhooks (as described in the previous message) to a broker API if you want to automate it.
### 3. **Public GitHub Repositories and Free Open-Source Bots**
- **Freqtrade**: An open-source, free crypto trading bot that supports backtesting and works with multiple exchanges. It’s Python-based and includes a strategy library.
- GitHub link: [freqtrade](https://github.com/freqtrade/freqtrade)
- **ZenBot**: Another open-source bot for cryptocurrency scalping, written in Node.js. It’s older and may need modifications to work with updated exchanges, but it can be a good starting point for customization.
- GitHub link: [ZenBot](https://github.com/DeviaVir/zenbot)
### 4. **Backtesting and Refining Strategies**
- Before running a bot live, use free backtesting platforms like TradingView or tools like **Backtrader** in Python.
- Run simulations to test your strategy over historical data, and tweak parameters (e.g., time intervals, stop-loss, and take-profit levels) to improve its effectiveness.
### 5. **Free Broker APIs with Paper Trading**
- **Alpaca**: Offers free stock trading with paper trading accounts, where you can run and test your strategies without risking real money.
- **Interactive Brokers**: Offers a demo account with API access, where you can simulate trades before going live.