Trading with ChatGPT
Seamlessly Integrate ChatGPT within your trading strategies and profit from the power of AI trading.
Check out the ChatGPT trading guide to learn more about how to trade with ChatGPT using OctoBot
OctoBot uses the ChatGPT interface to interact with ChatGPT.
Ths interface is pre-configured on Cloud OctoBots and has to be configured in self hosted OctoBot
No configuration is needed for standard and ultra Cloud OctoBots.
To use ChatGPT on an open source OctoBot, the only configuration you need is to enter your OpenAI API key into the GPT Interface
- Create or login to your OpenAI account
- Create a new API key on your account settings
- Copy your API key into the GPT configuration in the Accounts tab of the web interface
When using cloud OctoBot trading bots on standard and ultra plans, we are covering the GPT calls cost.
Using ChatGPT from automated API calls is a paid service from OpenAI. Each call to ChatGPT will consume a few OpenAI tokens.
Each call to ChatGPT is recrating a request which usually consumes around 90 OpenAI tokens. You can get the current price of OpenAI token from the OpenAI pricing page.
You can estimate the cost of using ChatGPT related features by estimating the amount of requests per day.
Running a strategy on 4h for 2 trading pairs on 1 exchange: the GPT evaluator will be called every 4 hours for each trading pair for each exchange.