How I built an FVG trading bot for OKX and made 99% of its signals useless on purpose
How I built an FVG trading bot for OKX and made 99% of its signals useless on purpose If you trade crypto futures, you know the drill. You're staring at the chart at 3am because you're scared to blink and miss "the perfect entry". Or worse, you get in emotionally, chase a pump, and hand back all your profit in one bad night. I got liquidated once because my stop was at -5% and the liquidation…
This article details the creation of an FVG trading bot for the OKX platform, specifically designed to target the ICT Fair Value Gap. The bot, named FVG Killer, is open-source and available at the provided GitHub repository. The primary trading strategy involves waiting for a significant price move with increased volume, identifying a gap in the subsequent candlesticks, and entering the trade with a 50% profit target while exiting at the gap's extremity.
The article emphasizes that the key to successful trading lies in a robust rejection logic system, comprising five gates designed to filter out subpar signals. These gates cover aspects such as time freshness, ATR grade, directional consistency, depth, and liquidity. Position sizing is handled through a rolling fractional Kelly strategy, which adapts based on the trader's performance history to mitigate the risk of significant drawdowns.
The bot also incorporates a multi-agent analysis system, where six analyst agents independently evaluate each trade before a consensus is reached, adding an additional layer of risk management. The engineering aspect of the bot is highlighted, emphasizing the importance of rigorous testing, a paper trading mode, API rate limiting, and comprehensive error handling.
The licensing model is unique in that the source code is available under PolyForm Shield and author terms, with a 10% profit share taken only from successful trades.
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