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
- Create a bot on Telegram with @BotFather
- Get the bot token and the chat_id of your channel
- Connect your market-analysis script to the bot
- 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.