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OctoBot is an open-source cryptocurrency trading bot designed to automate trading and investment strategies across many exchanges. It provides a visual interface for configuring strategies, simulating performance, and executing live trades through exchange APIs.

Key Features

• Strategy automation including grid trading, DCA, and basket-style portfolio approaches
• TradingView connector to execute trades from indicator/strategy alerts
• AI/LLM connectors to use cloud or local models for market-context decisions
• Built-in backtesting engine with historical data simulation and performance metrics
• Paper trading (risk-free simulation) for validating strategies before going live
• Integrations with many exchanges (commonly via CCXT), including major spot and derivatives venues
• Optional Telegram interface for monitoring and basic interactions

Use Cases

• Backtest and optimize a grid or DCA strategy before deploying with real funds
• Run a TradingView-alert execution bot for systematic entries/exits across exchanges
• Experiment with AI-assisted trading decisions using local or hosted LLMs

Limitations and Considerations

• Trading involves significant financial risk; strategy validation and risk controls are essential
• Exchange API changes and rate limits can impact reliability and may require updates

OctoBot fits users who want a configurable, extensible trading automation stack with testing tools and multiple interfaces. It is particularly suited for traders who want to iterate on strategies, simulate results, and then run the same setup live.