Build a Super Advanced Trading Bot on DYDX Hosted on AWS with Python - BotAgent Class - Initialize

The video tutorial guides viewers through creating a Python bot agent for managing trades. It starts with setting up a new file and importing necessary functions. A function to check order status is defined, followed by initializing a bot agent class with various parameters for pairs trading. The tutorial then covers setting up class variables and a dictionary to manage open trades. Finally, it discusses managing orders and storing order information, providing a comprehensive overview of building a trading bot in Python.

What is the purpose of the function 'check_order_status' in the funk_bot_agent?

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Describe the parameters that are passed to the '__init__' method of the bot agent class.

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What is the role of the 'self' parameter in the methods of the bot agent class?

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Explain how the bot agent manages multiple markets in trading.

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How does the bot agent handle the initialization of class variables?

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What are the different statuses that can be assigned to 'pair_status' in the bot agent?

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What is the significance of the 'order_dict' in the bot agent?

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