Question 1

How do I set up Zenbot for live trading on Binance?

Accepted Answer

Install Node.js and MongoDB, configure API keys in Zenbot's settings, and run the live command; detailed steps are in the docs folder, but note the project is no longer maintained, so API changes may break functionality.

Question 2

Zenbot vs Gekko: which open-source trading bot is better?

Accepted Answer

Zenbot offers more exchange support and a flexible plugin system, but Gekko is often more actively maintained; choose Zenbot for multi-exchange needs if you're comfortable with outdated code, or Gekko for better community support.

Question 3

Can Zenbot handle day trading with very short time frames?

Accepted Answer

Zenbot's minimum sampling period is 5 minutes, averaging 15-50 trades per day, so it's not suitable for scalping or high-frequency day trading requiring faster execution.

Question 4

Is Zenbot safe to use with real money given the maintenance warning?

Accepted Answer

No, due to lack of updates, there are security risks like unpatched vulnerabilities; always paper trade first and monitor closely, as the disclaimer advises using it at your own risk.

Question 5

How to create a custom trading strategy in Zenbot?

Accepted Answer

Use the plugin architecture to write a strategy file in JavaScript, implementing technical indicators; refer to the docs for examples, but expect a learning curve due to the abandoned project state.

Question 6

Does Zenbot support margin trading or futures markets?

Accepted Answer

No, Zenbot is designed for spot trading on supported exchanges; margin or futures would require extensive custom plugin development, which is complicated by the lack of maintenance.

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