đ€ What Is OctoBot?
OctoBot is an open-source, customizable crypto trading bot platform that runs either in the cloud or on your own server. It automates strategies like DCA, grid trading, AI-driven signals, and TradingView webhook executionâbacked by robust backtesting and community support.
đ What You Can Do With It
- Run pre-built strategies effortlessly: Use DCA, grid, basket themes, or AIâpowered strategies from the cloudâno selfâhosting required.
- Customize via TradingView: Hook it to your TradingView alerts using webhooks or email; no coding needed on cloud plans.
- Backtest and optimize: Check ideas against historical data; fineâtune entries, exits, position sizeâbefore risking real money.
- Paper trading sandbox: Try strategies risk-free with virtual money on live market conditions.
- Selfâhost for full control: Run OctoBot via Docker or installer, customize deeply, install tentacles, integrate AI/ChatGPT models.
đ„ Who Is It For?
- DIY traders & hobbyistsâwho want bot control without monthly fees.
- Techâsavvy crowdâlove to tinker with strategy design and code.
- Casual investorsâprefer cloud simplicity, solid pre-built strategies.
- Pro usersâbuild advanced bots, add AI or webhook hooks via TradingView.
đĄ Use Cases That Resonate
- Fullâauto crypto baskets: Invest in themes like AIâcoins or Bitcoin in one click.
- Grid trading in sideways markets: Automate buy-low, sell-high logic during choppy crypto phases.
- Algo meets AI: Add ChatGPT or external signals via tentacles for smarter takeâprofit execution.
- TradingView strategies in autopilot: Use your chart logic to generate live tradesâno gap between idea and execution.
đ What Makes It Stand Out
- Open-source transparency: Peer-reviewed code, full visibility into how bots work.
- Cloud simplicity with power: No need for Dockerâcloud plans run bots, manage keys, without setup fuss.
- Broad exchange coverage: Supports spot and futures trading across major platformsâBinance, Coinbase, KuCoin, and more .
- TradingView + AI friendly: Webhook execution, strategy designer, optional ChatGPT signalsâall baked in.
- Strong community: Telegram/Discord, active developers, ways to contribute, share tentacles, and refine bots together.
â ïž A Few Honest Notes
- Learning curve exists: DIY self-host is powerful, but requires server knowledge and configurationâpaper testing is essential.
- Cloud can be more limited: You get easy strategies but less custom control compared to openâ
- Assets are in your control: You hold the keys on exchangesâOctoBot only sends trades; it never touches funds.
đ Final Take
OctoBot delivers from both ends of the crypto automation spectrum: no-fuss cloud bots for hands-off investors, and codeable open-source core for power users. Whether you’re coding your own strategy or simply launching a pre-built grid bot, this truly brings bot trading within reachâno smoke, just code.
Similar to OctoBot
đŹ Letâs Hear From You
Have you built a killer tentacle or watched a cloud bot crush it during sideways markets? Share your OctoBot experiences below and help fellow traders get started!