Hummingbot

Hummingbot short review 2019

Hummingbot is a software client that allows users to create and customize automated, algorithmic trading bots for making markets on both centralized and decentralized crypto asset exchanges.

Hummingbot was launched to the public on April 04, 2019. Its main features include a command line-based user interface, trading strategy configuration and trade execution.

Functionality	HummingBot
Installation	Self-driven with Docker images. Needs to know Docker if one wants to use a server. No Docker support in case of problems.
User Experience – GUI	All done from config files and a command line. No straightway to visualise the current strategy output. More than one instance hard to manage.
User Experience – Parameters modification	Modification of the strategy’s parameters requires a restart of the strategy.
Reference price	A midpoint.
Inventory management	Automatic size adjustments, manual pricing adjustments.
Risk management	No parameters related to risk management.
Performance – Technology behind	Written in Python, scripting programming language (one of the slowest)
Performance – Price validation	Time interval based orders price validation
Connectors	Centralised: Binance, Coinbase, Huobi Global, Bittrex International. Decentralised: DDEX, IDEX, Radar Relay, 0x Relayers
Summary	Humming Bot is set for individuals acting as market-makers on illiquid markets.