top of page

Crypto Trading Bot Advisor: Making Informed Decisions with AI and Real-time Data


If you're in the cryptocurrency game, having real-time data and informed advice can be invaluable. For this purpose, we've come up with the "Crypto Trading Bot Advisor" that provides insights based on real-time cryptocurrency price data, recent news, and artificial intelligence. Let's take a closer look.


The idea behind the Crypto Trading Bot Advisor is to bring together several powerful tools in order to help users make the best trading decisions possible. These tools include:

- Historical cryptocurrency price data sourced from CoinGeckoAPI.

- Recent news articles related to your chosen cryptocurrencies sourced from Google News.

- Artificial intelligence-based advice powered by OpenAI's GPT-3.5 model.


Upon launching the application, you are presented with a simple yet powerful interface:


1. API Key: The app needs your OpenAI API key for AI-based insights.

2. Trading Parameters: Set your budget, select your cryptos of interest, and define a timeframe for historical price analysis.


With your parameters in place:


- The app fetches historical price data for your chosen cryptos.

- For each crypto, it displays the high, low, and average price for the timeframe you set.

- Visualizations are rendered using Plotly, offering an interactive experience to help users pinpoint trends and patterns.


Before making a trade, knowing the latest news can be crucial:


- The app fetches recent news articles related to your chosen cryptocurrencies.

- The headlines and timestamps are displayed, ensuring that you are always in the loop with the latest happenings.


Based on the historical price data, recent news, and your trading parameters, the built-in AI model recommends potential trading actions. This is achieved using a series of pre-defined commands like buying or selling a particular cryptocurrency. The model not only suggests a specific action but also explains its reasoning, offering transparency in its decision-making process.


The "Crypto Trading Bot Advisor" is a comprehensive tool that brings the power of data visualization, real-time news updates, and AI-driven insights all under one roof. It aims to assist traders in making informed decisions, potentially maximizing profits and minimizing risks.


Ready to give it a try? Check out the application here and code here


Note: Always be cautious while sharing your API keys. This app ensures that the OpenAI API key you provide remains confidential by treating it as a password input. However, remember that trading always comes with risks and it's always recommended to do your own research before making any decisions.


35 views0 comments

Comentários


bottom of page