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Function with every new minute with Trigging WebSockets to trading Ethereum

As a market participant or researcher, it is crucial to stay in front of the market and have access to real -time trade data. One of the effective ways to achieve this is the use of WebSockets, which provides two -way communication between the client (eg commercial platform) and the server (eg Binance). In this article, we focus on creating the starting function of each new minute with Ethereum Trading WebSocket.

problem

In order to calculate all the values ​​of all transactions (market/host manufacturer), you must analyze the commercial data flowing by Binance Futures Summary Squares. The problem lies in the effective processing and analysis of large amounts of data, especially when they are involved in high frequency trading.

Solution: To implement the WebSocket Trigger feature

Here’s an example of implementation using noma.js, express.js and websokeets:

`Javascript

Const Express = Need ('Express');

CONST App = Express ();

Const http = required ('http'). Createerver (App);

const io = required ('socket.io') (http);

// SET WebSocket Connections Setup

io.on ('connection', (socket) => {{

Console.log (The new connection is created);

// Assign an individual ID to each client

Socket.id = Math.Randa (). Tosting (36) .suststst (2, 9);

// Enter the update frequency

Const UpdateFrquency = 60000; // 60 seconds

// Function to update your commercial data every minute

Function UpdatetTradedata () {{{{{{{{{{{{{

// Suppose that webSocket message structure is a model

socket.on (‘trade’, (shop) => {{

// data on the intervention and processing of trade here

Console.log (Received trade: $ {trade.id} ($ {trade.side}) - value: $ {more.valaue});

// update trading logic such as calculate the full value

// on both sides of the shop start -up function

if (trade.side === ‘market’) {)

Triggerermarketside (Store);

} Otherwise if (commerce.side === ‘Taker’) {)

Tiggertakerside (commerce);

Iche

});

// the current update every minute

Settenuval (() => {{{

UPDATETTRADEDATATA ();

}, Updatefrquency);

Iche

// Operation of foreign trade based on a market or buying state

TRIGGERSIDE function (page) {{{{

if (page === ‘market’) {)

Console.log (“Starting trade on the market: $ {page”);

} Anyway if (page === ‘Taker’) {)

Console.log (start commerce on the Taker side: $ {side});

Iche

Iche

// start the server

http.listen (3000, () => {{{

Console.log (‘Listening to the server on Porto 3000);

});

});

`

How does it work

**

• Create an Expression.js application and run a web server.

2.

• Determine the update frequency (in this case every minute) and schedule the function of “updatetradedata” with “Setten”.

4.

* We listen to “trade” messages on the substrate.

* When commerce arrives, analyze and process it.

* Based on the condition, we run on both sides of trade (market or take).

• The next update is scheduled using `Settenuval ‘.

The example uses the case

You can use a webSocket client like WebSocket.io to simulate store data to test the implementation. When a new relationship exists, you will receive commercial messages every minute. You can then start the functions on both sides of the business on the basis of market or acceptable conditions.

Don’t forget to replace the function of “updatetradedat” with the logic of real trade and set the update frequency according to your needs.

Conclusion

Using WebSockets and Trigger, you can effectively process and analyze the Ethereum Store information every minute.