What is a Telegram bot for?

A Telegram bot lets you receive trading alerts on your phone when your strategy conditions are met. It does not trade for you — it notifies you so you can decide. It is the safest way to start with automation.

Steps to build it

  1. Create a bot on Telegram with @BotFather
  2. Get the bot token and the chat_id of your channel
  3. Connect your market-analysis script to the bot
  4. Send messages when a signal is detected

Basic code

import requests

TOKEN = 'your_token_here'
CHAT_ID = 'your_chat_id'

def send_signal(asset, direction, reason):
    msg = f"🔔 SIGNAL: {asset}\n"
    msg += f"Direction: {direction}\n"
    msg += f"Reason: {reason}"
    url = f"https://api.telegram.org/bot{TOKEN}/sendMessage"
    requests.post(url, data={"chat_id": CHAT_ID, "text": msg})

💡 Tip

Use the bot as an alert only. The final decision to trade or not should be yours, after verifying the signal manually.

⚠️ Risk warning

Trading binary options carries significant risk. The majority of traders lose money. This site contains affiliate links.