Thursday, 8 October 2026

A developer has created an open-source trading bot focused on fair value gap strategies for perpetual contracts on the OKX platform. The project includes extensive validation through 197 separate tests along with Monte Carlo methods applied to position sizing. Compensation is structured so that the creator receives ten percent of profits only from successful trades. The approach emphasizes reliability and user control without upfront costs. Details about the bot’s design highlight its availability for public use and modification. Testing procedures were designed to assess performance across varied market conditions. Monte Carlo simulations helped refine risk parameters before deployment. The fee arrangement aligns incentives by tying payments directly to positive outcomes. Users can access the code and adapt it according to individual requirements. This release contributes to the growing collection of algorithmic tools available in cryptocurrency markets. The bot targets perpetual contracts specifically and incorporates fair value gap identification as its core logic. Extensive backtesting formed the foundation for its current version. Position sizing receives particular attention through statistical validation techniques. Profit sharing remains conditional on trade results remaining favorable. Overall the project aims to provide a transparent alternative in automated trading solutions. Further documentation accompanies the source code to assist implementation. Market participants interested in such tools may examine the repository for additional specifications. The combination of rigorous testing and conditional compensation distinguishes this offering from typical alternatives.


Credit:
https://dev.to/xbs950812/how-i-built-an-fvg-trading-bot-for-okx-and-made-99-of-its-signals-useless-on-purpose-590b
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