Python Programming Tutorials, Guides & Best Practices

Use the following function to close an open order:

   def close_order(order_id, symbol):
       response = session.cancel_active_order(order_id=order_id, symbol=symbol)
       if response['ret_code'] == 0:
           print(f"Order {order_id} closed successfully.")
       else:
           print(f"Error closing order: {response['ret_msg']}")
       return response

   close_order('order_id_here', 'BTCUSD')  # Replace with your actual order ID

   def place_limit_order(symbol, side, qty, price):
       response = session.place_active_order(
           symbol=symbol,
           side=side,
           order_type='Limit',
           qty=qty,
           price=price,
           time_in_force='GoodTillCancel'
       )
       if response['ret_code'] != 0:
           print(f"Error placing order: {response['ret_msg']}")
       return response

This tutorial provided a basic introduction to using Pybit to interact with the Bybit API. You've learned how to set up the Pybit client, fetch market data, place orders, and handle errors. With these basics, you can start building more complex trading bots and analytics tools on top of Bybit.

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