Automate your cryptocurrency trading with precision and ease. Backtest strategies, go live, and optimize performance.
Chatafk Crypto Trading Robot Guide
Here’s how the Chatafk trading robot operates and what you can expect:
Important: Always monitor your account and use the bot responsibly. Live trading involves real capital and risks.
1. What is backtesting?
Backtesting allows you to test your trading strategies against historical data to evaluate their effectiveness before deploying them in live markets.
2. How do I obtain Kraken API keys?
Sign up on Kraken's official website, navigate to the API settings, and generate your API key and private key. Ensure you grant appropriate permissions for trading.
3. What happens if the ChatGPT API fails?
If the bot encounters an error while querying the ChatGPT API, it will automatically stop all trading operations to prevent policy violations and potential abuse.
4. Can I resume trading after an API error?
Yes, once the underlying issue causing the API error is resolved, you can restart the services by accepting the Terms of Service and clicking the respective Start button.
5. How secure are my API keys?
Your API keys are stored securely in the .env file and are never exposed publicly. Ensure you keep this file safe and avoid sharing it.
6. Is there a limit to the number of GPT queries?
Yes, the Backtest service is limited to 100 GPT queries to manage usage and costs effectively.
7. How can I monitor the bot's performance?
Use the Status Console within the application to view real-time logs and updates about the bot's activities and trading decisions.
8. What should I do if the bot stops unexpectedly?
Check the Status Console for error messages. Ensure that your API keys are valid and that there are no connectivity issues with the ChatGPT API.