How to Build a Trading Bot with OpenClaw?

OpenClaw can monitor markets, analyze trends, and send trading alerts. Combined with exchange APIs, it becomes a powerful trading assistant. Important: this is for monitoring and alerts, not autonomous trading — always make final decisions yourself.

Setup components: 1. trading-bot skill: Connects to exchanges (Binance, Coinbase, Interactive Brokers) for price data and portfolio tracking 2. news-monitor: Track crypto/stock news for market-moving events 3. csv-analysis: Analyze historical data and generate reports 4. cron jobs: Schedule regular market checks

Typical trading agent workflows: - Price alerts: 'Notify me when BTC drops below $60,000' - Portfolio tracking: 'Show me my portfolio value and 24h change' - Technical analysis: 'Analyze the ETH/USD chart for support/resistance levels' - News sentiment: 'Summarize today's crypto news and rate overall sentiment' - Report generation: 'Generate a weekly trading report with P&L'

The agent analyzes market data and sends alerts to Telegram. You can ask questions naturally: 'What's happening with AAPL today?' or 'Should I be worried about the market dip?'

Security: Never give the agent your exchange API key with trading permissions. Use read-only API keys for monitoring. If you want automated trading, use a separate dedicated tool with proper risk management.

Model choice: Claude or GPT-4o for better analytical reasoning. DeepSeek for budget monitoring.

Tip: Start with simple price alerts. Add complexity gradually as you trust the system.