BingX Custom Calculate Leveraged Position with BingX API

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BingX Custom Calculate Leveraged Position with the BingX API

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Getting Started#

Create a workflow to BingX Custom Calculate Leveraged Position with the BingX API. When you configure and deploy the workflow, it will run on Pipedream's servers 24x7 for free.

Configure the BingX Custom Calculate Leveraged Position action
1. Connect your BingX account
2. Select a Symbol
3. Optional- Select a Currency
4. Select a Trade Type
5. Optional- Configure Limit Price
6. Configure Stop Loss Price
7. Configure Take Profit Loss Price
8. Configure Risk
Select a trigger to run your workflow on HTTP requests, schedules or app events
Deploy the workflow
Send a test event to validate your setup
Turn on the trigger

Integrations#

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Details#

This is a pre-built, source-available component from Pipedream's GitHub repo. The component is developed by Pipedream and the community, and verified and maintained by Pipedream.

To contribute an update to an existing component or create a new component, create a PR on GitHub. If you're new to Pipedream component development, you can start with quickstarts for trigger span and action development, and then review the component API reference.

BingX Custom Calculate Leveraged Position on BingX

Description:Calculate leveraged position based on entry, stop price and account balance

Version:0.0.3

Key:bingx-custom-calculate-leveraged-position

View on GitHub

Code#

import bingx from "../../bingx.app.mjs";

export default {
  name: "BingX Custom Calculate Leveraged Position",
  version: "0.0.3",
  key: "bingx-custom-calculate-leveraged-position",
  description: "Calculate leveraged position based on entry, stop price and account balance",
  props: {
    bingx,
    symbol: {
      propDefinition: [
        bingx,
        "symbol",
      ],
    },
    currency: {
      propDefinition: [
        bingx,
        "currency",
      ],
    },
    tradeType: {
      propDefinition: [
        bingx,
        "tradeType",
      ],
    },
    limitPrice: {
      label: "Limit Price",
      description: "Limit Price (Applicable only for limit orders)",
      type: "string",
      optional: true,
    },
    stopPrice: {
      label: "Stop Loss Price",
      description: "Stop Loss Price for trade",
      type: "string",
      optional: false,
    },
    profitPrice: {
      label: "Take Profit Loss Price",
      description: "Take Profit Price for trade",
      type: "string",
      optional: false,
    },
    riskOnCapital: {
      label: "Risk",
      description: "Risk Percentage of capital",
      type: "string",
      default: "2",
      optional: false,
    },
  },
  type: "action",
  methods: {
    async getBalance() {
      const API_METHOD = "POST";
      const API_PATH = "/api/v1/user/getBalance";
      const parameters = {
        "currency": this.currency,
      };
      return this.bingx.makeRequest(API_METHOD, API_PATH, parameters);
    },
    async getLatestPrice() {
      const API_METHOD = "GET";
      const API_PATH = "/api/v1/market/getLatestPrice";
      const parameters = {
        "symbol": this.symbol,
      };
      let returnValue = await this.bingx.makeRequest(API_METHOD, API_PATH, parameters);
      return returnValue.data.indexPrice;
    },
  },
  async run({ $ }) {
    let entryPrice = this.limitPrice;
    if (!entryPrice)
      entryPrice = await this.getLatestPrice();
    let tradeDirection = entryPrice > this.stopPrice
      ? "Bid"
      : "Ask";
    let tpDirection = entryPrice > this.stopPrice
      ? "Ask"
      : "Bid";
    const balanceQuery = await this.getBalance();
    console.log(balanceQuery);
    if (balanceQuery.code) {
      throw new Error(balanceQuery.msg);
    }
    const balance = balanceQuery.data.account.balance;
    const risk = this.bingx.convertToFloat(this.riskOnCapital) * balance / 100;

    const stopDiff = Math.abs(entryPrice - this.stopPrice);
    const profitDiff = Math.abs(entryPrice - this.profitPrice);

    const leverage = Math.floor(entryPrice * 0.9 / stopDiff);
    const qty = risk / stopDiff;
    const profit = qty * profitDiff;
    const returnValue = {
      "entryPrice": entryPrice,
      "stopPrice": this.stopPrice,
      "targetPrice": this.profitPrice,
      "entryDirection": tradeDirection,
      "exitDirection": tpDirection,
      "leverage": leverage,
      "quantity": qty,
      "riskAmount": risk,
      "profitAmount": profit,
      "riskReward": profit / risk,
    };
    $.export("$summary", `Calculate bracket order for ${this.symbol}`);
    return returnValue;
  },
};

Configuration#

This component may be configured based on the props defined in the component code. Pipedream automatically prompts for input values in the UI and CLI.

Label	Prop	Type	Description
BingX	`bingx`	`app`	This component uses the BingX app.
Symbol	`symbol`	`string`	Select a value from the drop down menu.
Currency	`currency`	`string`	Select a value from the drop down menu.
Trade Type	`tradeType`	`string`	Select a value from the drop down menu:`MarketLimit`
Limit Price	`limitPrice`	`string`	Limit Price (Applicable only for limit orders)
Stop Loss Price	`stopPrice`	`string`	Stop Loss Price for trade
Take Profit Loss Price	`profitPrice`	`string`	Take Profit Price for trade
Risk	`riskOnCapital`	`string`	Risk Percentage of capital