Interact with your Live Trading Bot using Telegram

Xavier Escudero
4 min readApr 29, 2024
Image generated with Leonardo.Ai

A simple way to manage your trades and stay updated is using Telegram app to interact with your live trading bot.

In this article we’ll cover the following steps:

  • Create a telegram bot
  • Setup a proxy with telegram
  • Create an initial code to test interaction with our bot, using library python-telegram-bot
  • Create a command to get the positions from telegram

Create telegram bot

Follow the section Creating a new bot

In Telegram, the Bot name refers to the display name of the bot, which is the name we’ll see when interacting with the bot. We can change it after being created. e.g: MyLiveTrading.

On the other hand, the username is a unique identifier that starts with the @ symbol. This username is used to create a unique link to the bot (e.g., @username_live_trading_bot), and it is also used by users to mention or search for the bot within Telegram. The username must be unique across all of Telegram, so it cannot be changed once it is set.

Setup a proxy

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Xavier Escudero

Innovation enthusiast, passionate about automation in several fields, like software testing and trading bots