diff --git a/config.default.json5 b/config.default.json5
index 24e7ee56..612975bd 100644
--- a/config.default.json5
+++ b/config.default.json5
@@ -1,12 +1,10 @@
 {
-  label: "default",
   settings: {
     highPrice: 0.8,
     lowPrice: 0.35,
     gridLevels: 6,
     quantityPerGrid: 10,
   },
-  baseCurrency: "ADA",
-  quoteCurrency: "USDT",
-  exchangeCode: "OKX",
+  pair: "ADA/USDT",
+  exchange: "OKX", // specify exchange credentials in the `exchanges.json5` config using this key
 }
diff --git a/packages/bot-processor/src/types/bot/bot-configuration.interface.ts b/packages/bot-processor/src/types/bot/bot-configuration.interface.ts
index fecbc43c..204b550f 100644
--- a/packages/bot-processor/src/types/bot/bot-configuration.interface.ts
+++ b/packages/bot-processor/src/types/bot/bot-configuration.interface.ts
@@ -6,5 +6,4 @@ export type IBotConfiguration<T = any> = {
   quoteCurrency: string;
   exchangeCode: ExchangeCode;
   settings: T;
-  label?: string;
 };
diff --git a/packages/bot/src/market-data/ccxt-candles.provider.ts b/packages/bot/src/market-data/ccxt-candles.provider.ts
index 0bdd7bea..99c7762a 100644
--- a/packages/bot/src/market-data/ccxt-candles.provider.ts
+++ b/packages/bot/src/market-data/ccxt-candles.provider.ts
@@ -77,7 +77,7 @@ export class CCXTCandlesProvider
 
     this.on("start", () => {
       console.log(
-        "CandleProvider: Start fetching candles from",
+        `CandleProvider: Start fetching ${this.symbol} candles from`,
         this.startDate,
         "to",
         this.endDate,
diff --git a/packages/cli/src/api/run-backtest.ts b/packages/cli/src/api/run-backtest.ts
index 0f45c6f0..46d49f82 100644
--- a/packages/cli/src/api/run-backtest.ts
+++ b/packages/cli/src/api/run-backtest.ts
@@ -3,23 +3,26 @@ import { templates } from "@opentrader/bot-templates";
 import { Backtesting } from "@opentrader/backtesting";
 import { CCXTCandlesProvider } from "@opentrader/bot";
 import { logger } from "@opentrader/logger";
-import type { BarSize, ICandlestick } from "@opentrader/types";
+import { exchangeCodeMapCCXT } from "@opentrader/exchanges";
+import type { BarSize, ExchangeCode, ICandlestick } from "@opentrader/types";
 import type { CommandResult, ConfigName } from "../types";
 import { readBotConfig } from "../config";
-import { exchangeCodeMapCCXT } from "@opentrader/exchanges";
+
+type Options = {
+  config: ConfigName;
+  from: Date;
+  to: Date;
+  timeframe: BarSize;
+  pair: string;
+  exchange: ExchangeCode;
+};
 
 export async function runBacktest(
   strategyName: keyof typeof templates,
-  options: {
-    config: ConfigName;
-    from: Date;
-    to: Date;
-    timeframe: BarSize;
-    symbol: string;
-  },
+  options: Options,
 ): Promise<CommandResult> {
-  const config = readBotConfig(options.config);
-  logger.debug(config, "Parsed bot config");
+  const botConfig = readBotConfig(options.config);
+  logger.debug(botConfig, "Parsed bot config");
 
   const strategyExists = strategyName in templates;
   if (!strategyExists) {
@@ -33,12 +36,26 @@ export async function runBacktest(
     };
   }
 
-  const ccxtExchange = exchangeCodeMapCCXT[config.exchangeCode];
+  const botTemplate = strategyName || botConfig.template;
+  const botTimeframe = options.timeframe || botConfig.timeframe || null;
+  const botPair = options.pair || botConfig.pair;
+  const [baseCurrency, quoteCurrency] = botPair.split("/");
+
+  const ccxtExchange = exchangeCodeMapCCXT[options.exchange];
   const exchange = new ccxt[ccxtExchange]();
 
+  logger.info(
+    `Using ${botPair} on ${options.exchange} exchange with ${botTimeframe} timeframe`,
+  );
   const backtesting = new Backtesting({
-    botConfig: config,
-    botTemplate: templates[strategyName],
+    botConfig: {
+      id: 0,
+      baseCurrency,
+      quoteCurrency,
+      exchangeCode: options.exchange,
+      settings: botConfig.settings,
+    },
+    botTemplate: templates[botTemplate],
   });
 
   return new Promise((resolve) => {
@@ -46,8 +63,8 @@ export async function runBacktest(
 
     const candleProvider = new CCXTCandlesProvider({
       exchange,
-      symbol: options.symbol,
-      timeframe: options.timeframe,
+      symbol: botPair,
+      timeframe: botTimeframe,
       startDate: options.from,
       endDate: options.to,
     });
diff --git a/packages/cli/src/api/run-trading.ts b/packages/cli/src/api/run-trading.ts
index 844b2e42..3a09ffc9 100644
--- a/packages/cli/src/api/run-trading.ts
+++ b/packages/cli/src/api/run-trading.ts
@@ -1,18 +1,28 @@
-import type { IBotConfiguration } from "@opentrader/bot-processor";
 import { templates } from "@opentrader/bot-templates";
 import { logger } from "@opentrader/logger";
 import { Processor } from "@opentrader/bot";
 import { xprisma } from "@opentrader/db";
 import type { TBot, ExchangeAccountWithCredentials } from "@opentrader/db";
 import { BotProcessing } from "@opentrader/processing";
-import type { CommandResult, ConfigName, ExchangeConfig } from "../types";
+import { BarSize } from "@opentrader/types";
+import type {
+  BotConfig,
+  CommandResult,
+  ConfigName,
+  ExchangeConfig,
+} from "../types";
 import { readBotConfig, readExchangesConfig } from "../config";
 
+type Options = {
+  config: ConfigName;
+  pair?: string;
+  exchange?: string;
+  timeframe?: BarSize;
+};
+
 export async function runTrading(
   strategyName: keyof typeof templates,
-  options: {
-    config: ConfigName;
-  },
+  options: Options,
 ): Promise<CommandResult> {
   const config = readBotConfig(options.config);
   logger.debug(config, "Parsed bot config");
@@ -35,7 +45,12 @@ export async function runTrading(
   // Saving exchange accounts to DB if not exists
   const exchangeAccounts: ExchangeAccountWithCredentials[] =
     await createOrUpdateExchangeAccounts(exchangesConfig);
-  const bot = await createOrUpdateBot(strategyName, config, exchangeAccounts);
+  const bot = await createOrUpdateBot(
+    strategyName,
+    options,
+    config,
+    exchangeAccounts,
+  );
 
   const processor = new Processor(exchangeAccounts, [bot]);
   await processor.onApplicationBootstrap();
@@ -127,40 +142,51 @@ async function createOrUpdateExchangeAccounts(
   return exchangeAccounts;
 }
 
-async function createOrUpdateBot<T = object>(
+async function createOrUpdateBot<T = any>(
   strategyName: string,
-  botConfig: IBotConfiguration<T>,
+  options: Options,
+  botConfig: BotConfig<T>,
   exchangeAccounts: ExchangeAccountWithCredentials[],
 ): Promise<TBot> {
+  const exchangeLabel = options.exchange || botConfig.exchange;
+  const botType = botConfig.type || "Bot";
+  const botName = botConfig.name || "Default bot";
+  const botLabel = botConfig.label || "default";
+  const botTemplate = strategyName || botConfig.template;
+  const botTimeframe = options.timeframe || botConfig.timeframe || null;
+  const botPair = options.pair || botConfig.pair;
+  const [baseCurrency, quoteCurrency] = botPair.split("/");
+
   const exchangeAccount = exchangeAccounts.find(
-    (exchangeAccount) =>
-      exchangeAccount.exchangeCode === botConfig.exchangeCode,
+    (exchangeAccount) => exchangeAccount.label === exchangeLabel,
   );
   if (!exchangeAccount) {
     throw new Error(
-      `Exchange account with code "${botConfig.exchangeCode}" not found to create the bot`,
+      `Exchange account with label "${exchangeLabel}" not found. Check the exchanges config file.`,
     );
   }
 
   let bot = await xprisma.bot.custom.findFirst({
     where: {
-      label: botConfig.label,
+      label: botLabel,
     },
   });
 
   if (bot) {
-    logger.info(`Bot "${botConfig.label}" found in DB. Updating...`);
+    logger.info(`Bot "${botLabel}" found in DB. Updating...`);
+
     bot = await xprisma.bot.custom.update({
       where: {
         id: bot.id,
       },
       data: {
-        type: "Bot",
-        name: "Default bot",
-        label: botConfig.label,
-        template: strategyName,
-        baseCurrency: botConfig.baseCurrency,
-        quoteCurrency: botConfig.quoteCurrency,
+        type: botType,
+        name: botName,
+        label: botLabel,
+        template: botTemplate,
+        timeframe: botTimeframe,
+        baseCurrency,
+        quoteCurrency,
         settings: botConfig.settings as object,
         exchangeAccount: {
           connect: {
@@ -175,17 +201,18 @@ async function createOrUpdateBot<T = object>(
       },
     });
 
-    logger.info(`Bot "${botConfig.label}" updated`);
+    logger.info(`Bot "${botLabel}" updated`);
   } else {
-    logger.info(`Bot "${botConfig.label}" not found. Adding to DB...`);
+    logger.info(`Bot "${botLabel}" not found. Adding to DB...`);
     bot = await xprisma.bot.custom.create({
       data: {
-        type: "Bot",
-        name: "Default bot",
-        label: botConfig.label,
+        type: botType,
+        name: botName,
+        label: botLabel,
         template: strategyName,
-        baseCurrency: botConfig.baseCurrency,
-        quoteCurrency: botConfig.quoteCurrency,
+        timeframe: botTimeframe,
+        baseCurrency,
+        quoteCurrency,
         settings: botConfig.settings as object,
         exchangeAccount: {
           connect: {
@@ -200,7 +227,7 @@ async function createOrUpdateBot<T = object>(
       },
     });
 
-    logger.info(`Bot "${botConfig.label}" created`);
+    logger.info(`Bot "${botLabel}" created`);
   }
 
   return bot;
diff --git a/packages/cli/src/api/stop-command.ts b/packages/cli/src/api/stop-command.ts
index b9d6b09c..6b56da87 100644
--- a/packages/cli/src/api/stop-command.ts
+++ b/packages/cli/src/api/stop-command.ts
@@ -14,14 +14,16 @@ export async function stopCommand(options: {
   const exchangesConfig = readExchangesConfig(options.config);
   logger.debug(exchangesConfig, "Parsed exchanges config");
 
+  const botLabel = config.label || "default";
+
   const bot = await xprisma.bot.custom.findUnique({
     where: {
-      label: config.label,
+      label: botLabel,
     },
   });
 
   if (!bot) {
-    logger.info(`Bot "${config.label}" does not exists. Nothing to stop`);
+    logger.info(`Bot "${botLabel}" does not exists. Nothing to stop`);
 
     return {
       result: undefined,
diff --git a/packages/cli/src/commands/backtest.ts b/packages/cli/src/commands/backtest.ts
index f4d6329a..3e478908 100644
--- a/packages/cli/src/commands/backtest.ts
+++ b/packages/cli/src/commands/backtest.ts
@@ -1,6 +1,8 @@
+import { ExchangeCode } from "@opentrader/types";
 import type { Command } from "commander";
 import { Argument, Option } from "commander";
 import { DEFAULT_CONFIG_NAME } from "../config";
+import { validateExchange, validatePair } from "../utils/validate";
 import { handle } from "../utils/command";
 import * as api from "../api";
 
@@ -20,9 +22,7 @@ export function addBacktestCommand(program: Command) {
         .default(new Date("2024-01-07")),
     )
     .addOption(
-      new Option("-s, --symbol <symbol>", "Symbol")
-        .argParser((symbol) => symbol.toUpperCase())
-        .default("BTC/USDT"),
+      new Option("-p, --pair <pair>", "Trading pair").argParser(validatePair),
     )
     .addOption(
       new Option("-b, --timeframe <timeframe>", "Timeframe").default("1h"),
@@ -32,5 +32,10 @@ export function addBacktestCommand(program: Command) {
         DEFAULT_CONFIG_NAME,
       ),
     )
+    .addOption(
+      new Option("-e, --exchange <exchange>", "Exchange")
+        .argParser(validateExchange)
+        .default(ExchangeCode.OKX),
+    )
     .action(handle(api.runBacktest));
 }
diff --git a/packages/cli/src/commands/trade.ts b/packages/cli/src/commands/trade.ts
index 72ce4f24..c4114af3 100644
--- a/packages/cli/src/commands/trade.ts
+++ b/packages/cli/src/commands/trade.ts
@@ -1,6 +1,7 @@
 import type { Command } from "commander";
 import { Argument, Option } from "commander";
 import { DEFAULT_CONFIG_NAME } from "../config";
+import { validatePair, validateTimeframe } from "../utils/validate";
 import { handle } from "../utils/command";
 import * as api from "../api";
 
@@ -14,5 +15,14 @@ export function addTradeCommand(program: Command) {
         DEFAULT_CONFIG_NAME,
       ),
     )
+    .addOption(
+      new Option("-p, --pair <pair>", "Trading pair").argParser(validatePair),
+    )
+    .addOption(new Option("-e, --exchange <exchange>", "Exchange account"))
+    .addOption(
+      new Option("-t, --timeframe <timeframe>", "Timeframe")
+        .argParser(validateTimeframe)
+        .default(null),
+    )
     .action(handle(api.runTrading));
 }
diff --git a/packages/cli/src/config.ts b/packages/cli/src/config.ts
index 24b24678..a41a85fa 100644
--- a/packages/cli/src/config.ts
+++ b/packages/cli/src/config.ts
@@ -2,8 +2,7 @@ import * as fs from "node:fs";
 import { join } from "node:path";
 import JSON5 from "json5";
 import { logger } from "@opentrader/logger";
-import type { IBotConfiguration } from "@opentrader/bot-processor";
-import type { ConfigName, ExchangeConfig } from "./types";
+import { BotConfig, ConfigName, ExchangeConfig } from "./types";
 
 const rootDir = join(__dirname, "..");
 
@@ -24,14 +23,12 @@ export const DEFAULT_CONFIG_NAME: ConfigName =
  */
 export function readBotConfig<T = any>(
   configName: ConfigName = DEFAULT_CONFIG_NAME,
-): IBotConfiguration<T> {
+): BotConfig<T> {
   const configFileName = `config.${configName}.json5`;
   const configPath = `${rootDir}/${configFileName}`;
 
   logger.info(`Using bot config file: ${configFileName}`);
-  const config = JSON5.parse<IBotConfiguration<T>>(
-    fs.readFileSync(configPath, "utf8"),
-  );
+  const config = JSON5.parse<BotConfig<T>>(fs.readFileSync(configPath, "utf8"));
 
   return config;
 }
diff --git a/packages/cli/src/types.ts b/packages/cli/src/types.ts
index b3a4d199..7ddaa9e0 100644
--- a/packages/cli/src/types.ts
+++ b/packages/cli/src/types.ts
@@ -1,4 +1,4 @@
-import type { ExchangeAccount } from "@prisma/client";
+import type { ExchangeAccount, Bot } from "@prisma/client";
 
 export type ConfigName = "default" | "dev" | "prod";
 
@@ -15,3 +15,22 @@ export type ExchangeConfig = Pick<
   | "exchangeCode"
   | "isDemoAccount"
 >;
+
+export type BotConfig<S = any> = Partial<
+  Pick<Bot, "name" | "type" | "timeframe" | "label">
+> &
+  Pick<Bot, "template"> & {
+    /**
+     * Strategy params
+     */
+    settings: S;
+    /**
+     * Exchange account label.
+     * This label should match the key in the exchanges config file (exchanges.json5).
+     */
+    exchange: string;
+    /**
+     * Trading pair
+     */
+    pair: string;
+  };
diff --git a/packages/cli/src/utils/validate.ts b/packages/cli/src/utils/validate.ts
new file mode 100644
index 00000000..c5b017b6
--- /dev/null
+++ b/packages/cli/src/utils/validate.ts
@@ -0,0 +1,48 @@
+import { BarSize, ExchangeCode } from "@opentrader/types";
+
+export function validateTimeframe(timeframe?: string | null): BarSize | null {
+  if (!timeframe) {
+    return null;
+  }
+
+  const validTimeframes = Object.values(BarSize);
+
+  if (validTimeframes.includes(timeframe as BarSize)) {
+    return timeframe as BarSize;
+  }
+
+  throw new Error(
+    `Invalid timeframe: ${timeframe}. Valid values are: ${validTimeframes.join(", ")}`,
+  );
+}
+
+export function validatePair(pair?: string | null): string {
+  if (!pair) {
+    throw new Error("Trading pair is required");
+  }
+
+  const [baseCurrency, quoteCurrency] = pair.split("/");
+
+  if (baseCurrency && quoteCurrency) {
+    return pair.toUpperCase();
+  }
+
+  throw new Error(`Invalid trading pair: ${pair}. Expected format: BTC/USDT`);
+}
+
+export function validateExchange(exchangeCodeParam?: string | null): string {
+  if (!exchangeCodeParam) {
+    throw new Error("Exchange is required");
+  }
+
+  const validExchanges = Object.values(ExchangeCode);
+
+  const exchangeCode = exchangeCodeParam.toUpperCase() as ExchangeCode;
+  if (validExchanges.includes(exchangeCode)) {
+    return exchangeCode;
+  }
+
+  throw new Error(
+    `Invalid exchange: ${exchangeCode}. Valid values are: ${validExchanges.join(", ")}`,
+  );
+}