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Project title:
Coder to custom trading bot for Polymarket
Posted by:
External project from PeoplePerHour
Started:
16-Jan-2026 08:11 GMT
Description:
I am looking for an experienced Python developer to build a custom automated trading bot that connects to the Polymarket API, monitors market prices, and executes trades based on predefined rules. The bot will trade Bitcoin-related Polymarket markets with a 15-minute expiry. ------------------------------------------------------------------ Trading Logic 1. Entry Conditions Buy YES if: YES price is ≥ 70 and ≤ 73 Buy NO if: NO price is ≥ 70 and ≤ 73 Trade amount for each entry: $X (configurable) Only enter a position if there is no existing open position ------------------------------------------------------------------------------------------- 2. Order Handling If an entry order fails to fill: Re-check all entry conditions If conditions are still valid, attempt to enter again Continue retrying until filled or conditions are no longer met --------------------------------------------------------------------------------------------- 3. Exit Conditions Stop Loss: Close the position if price drops to 60 or below Take Profit: Close the position if price reaches 80 or above ----------------------------------------------------------------------------------------------- 4. Time-Based Rules 6 minutes before market expiry: Close all open positions, regardless of profit or loss Do not open any new positions Trading must remain disabled after this cutoff for that market --------------------------------------------------------------------------------------------------------- Functional Requirements Platform & Execution Must run on: Windows 10 and above Latest Windows Server versions Simple one-click start/stop mechanism (CLI command, batch file, or lightweight UI) ----------------------------------------------------------------------------------------------- Configuration & Risk Management Configurable parameters: Trade size ($X) Global kill-switch stop loss: If total losses reach this amount, the bot must stop trading immediately Configuration via file (JSON/YAML) or simple UI -------------------------------------------------------------------------------------------------- API & Data Requirements Full integration with Polymarket API: Retrieve real-time market data Place and manage trades automatically Price data refresh rate: As fast as Polymarket allows (target ~1 second, if permitted) Proper handling of: API errors Rate limits Network failures ------------------------------------------------------------------------------------------------- Deliverables Clean, well-structured Python code Clear setup and usage instructions Commented logic to allow future expansion ------------------------------------------------------------------------------------------------ Future Work If this project is delivered successfully, I will offer: More advanced trading bot development Higher compensation Potential long-term collaboration
Project ID:
3465911
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