Using Python or JavaScript
- What It Does: Allows you to create custom trading scripts for advanced strategies.
- How to Set Up:
- Learn the Basics: Familiarize yourself with Python or JavaScript.
- Use APIs: Use APIs from platforms like Raydium or Orca to interact with the blockchain.
- Create Scripts:
- Sniping Script: Automate buying new meme coins as soon as they launch.
- Arbitrage Script: Automate trading between different DEXs to profit from price differences.
- Backtest Strategies: Use historical data to test your scripts before going live.
- Insider Tips:
- Use Libraries: Use libraries like Web3.js or Solana.py to simplify coding.
- Monitor Performance: Regularly review your scripts’ performance and adjust as needed.