Recommended Setup for Freqtrade
This is a simple, beginner-friendly stack to go from zero → paper trading → live. All links are optional; some may be referral links that support FreqST at no extra cost.
Quick Start (Free → Safe)
- Install Freqtrade locally and clone a strategy from GitHub.
- Backtest with your preferred data source.
- Run paper trading first (no real funds).
- When ready, deploy on a small VPS and go live with reduced fees.
1) Exchange (reduced fees)
Pick one exchange to start. Create an API key with read/trade permissions only (no withdrawals).
Tip: keep API keys scoped to spot trading only while testing.
2) VPS / Hosting
Run your bot 24/7 on a lightweight VPS. Start with 1–2 vCPU, 1–2 GB RAM, 25 GB SSD.
Use systemd or a simple process manager (tmux/screen) to keep the bot alive.
3) Data & Backtesting
Faster data = faster iteration. Start with free, upgrade if needed.
Document your Freqtrade version + data range for reproducible tests.
4) Paper Trading & Dashboards
Track metrics and alerts before risking capital. Start with paper trading.
Keep paper trading for several weeks to assess drawdowns and stability.
📬 FreqST Weekly — top strategies & updates. It’s free.
Subscribe on Substack →Note: Some links may be referral/affiliate links that help keep FreqST free. This is not financial advice. Always test with paper trading before going live.