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Automated Cryptocurrency Trading Bot with ICT Methodology, GPT-4o & Coinbase

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Last update 5 days ago

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Description

🎯 Overview

An advanced automated trading bot that implements ICT (Inner Circle Trader) methodology and Smart Money Concepts for cryptocurrency trading. This workflow combines AI-powered market analysis with automated trade execution through Coinbase Advanced Trading API.

⚡ Key Features

📊 ICT Trading Strategy Implementation

  • Kill Zone Detection: Automatically identifies optimal trading sessions (Asian, London, New York kill zones)
  • Smart Money Concepts: Analyzes market structure breaks, liquidity grabs, fair value gaps, and order blocks
  • Session Validation: Real-time GMT time tracking with session strength calculations
  • Structure Analysis: Detects BOS (Break of Structure) and CHOCH (Change of Character) patterns

🤖 AI-Powered Analysis

  • GPT-4 Integration: Advanced market analysis using OpenAI's latest model
  • Confidence Scoring: AI generates confidence scores (0-100) for each trading signal
  • Risk Assessment: Automated risk level evaluation (LOW/MEDIUM/HIGH)
  • ICT-Specific Prompts: Custom prompts designed for Inner Circle Trader methodology

🔄 Automated Trading Flow

  1. Signal Reception: Receives trading signals via Telegram webhook
  2. Data Extraction: Parses symbol, action, price, and technical indicators
  3. Session Validation: Verifies current kill zone and trading session strength
  4. Market Data: Fetches real-time data from Coinbase Advanced Trading API
  5. AI Analysis: Processes signals through GPT-4 with ICT-specific analysis
  6. Quality Filter: Multi-condition filtering based on confidence, session, and structure
  7. Trade Execution: Automated order placement through Coinbase API
  8. Documentation: Records all trades and rejections in Notion databases

📱 Multi-Platform Integration

  • Telegram Bot: Receives signals and sends formatted notifications
  • Coinbase Advanced: Real-time market data and trade execution
  • Notion Database: Comprehensive trade logging and analysis tracking
  • Webhook Support: External system integration capabilities

🛠️ Setup Requirements

API Credentials Needed:

  • Coinbase Advanced Trading API (API Key, Secret, Passphrase)
  • OpenAI API Key (GPT-4 access)
  • Telegram Bot Token and Chat ID
  • Notion Integration (Database IDs for trade records)

Environment Variables:

TELEGRAM_CHAT_ID=your_chat_id
NOTION_TRADING_DB_ID=your_trading_database_id
NOTION_REJECTED_DB_ID=your_rejected_signals_database_id
WEBHOOK_URL=your_external_webhook_url

📈 Trading Logic

Kill Zone Priority System:

  • London & New York Sessions: HIGH priority (0.9 strength)
  • Asian & London Close: MEDIUM priority (0.6 strength)
  • Off Hours: LOW priority (0.1 strength)

Signal Validation Criteria:

  • Signal quality must not be "LOW"
  • Confidence score ≥ 60%
  • Active kill zone session required
  • ICT structure alignment confirmed

🎛️ Workflow Components

  1. Extract ICT Signal Data: Parses incoming Telegram messages for trading signals
  2. ICT Session Validator: Determines current kill zone and session strength
  3. Get Coinbase Market Data: Fetches real-time cryptocurrency data
  4. ICT AI Analysis: GPT-4 powered analysis with ICT methodology
  5. Parse ICT AI Analysis: Processes AI response with fallback mechanisms
  6. ICT Quality & Session Filter: Multi-condition signal validation
  7. Execute ICT Trade: Automated trade execution via Coinbase API
  8. Create ICT Trading Record: Logs successful trades to Notion
  9. Generate ICT Notification: Creates formatted Telegram alerts
  10. Log ICT Rejected Signal: Records filtered signals for analysis

🚀 Use Cases

  • Automated ICT-based cryptocurrency trading
  • Smart Money Concepts implementation
  • Kill zone session trading
  • AI-enhanced market structure analysis
  • Professional trading documentation and tracking

⚠️ Risk Management

  • Built-in session validation prevents off-hours trading
  • AI confidence scoring filters low-quality signals
  • Comprehensive logging for performance analysis
  • Automated stop-loss and take-profit calculations

This workflow is perfect for traders familiar with ICT methodology who want to automate their Smart Money Concepts trading strategy with AI-enhanced decision making.