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Posted on 11/11/21 at 8:38 am to mach316
anyone know of a way to set the bots to auto compound?
Posted on 11/11/21 at 10:17 am to lsu777
quote:
-Deal start (TradingView custom signal)
2.5% target profit, % from total volume, 0.2% trailing
-No stop loss (can adjust later but do not suggest)
the custom tradingview signal is the free QQE signals
Can you elaborate on the deal start, and the free qqe signals. I imagine this help your bot not buy in at terrible times automatically.
Posted on 11/11/21 at 10:39 am to tigerfan311
quote:
Can you elaborate on the deal start, and the free qqe signals. I imagine this help your bot not buy in at terrible times automatically.
you will have to have trading view account and select qqe indicator alerts. i havent done it yet as im doing it manually right now, but know a couple who are doing it on altcoin collective discord and kubyam posted those settings.
may have to adject profit down to 1.5% to really get it popping with no trailing. then you will manually have to go in and compound it.
thats the problem, lack of compounding auto on the bots.
Posted on 11/11/21 at 10:52 am to mach316
Biden gonna rape you with those capital gains . Hope your keeping track baw .
This post was edited on 11/11/21 at 10:54 am
Posted on 11/11/21 at 11:04 am to DreauxB2015
quote:
Biden gonna rape you with those capital gains . Hope your keeping track baw .
3 commas already does that for you
Posted on 11/11/21 at 11:44 am to DreauxB2015
quote:
Biden gonna rape you with those capital gains .
After the infrastructure bill becomes law, I expect to pay at least 40-50% in capital gains.
Posted on 11/11/21 at 11:45 am to lsu777
quote:
anyone know of a way to set the bots to auto compound?
I *think* Trade Alts has a video for this, but I could be wrong. I'd check it out.
Posted on 11/11/21 at 12:23 pm to LordSaintly
quote:
I *think* Trade Alts has a video for this, but I could be wrong. I'd check it out.
got a link?
Posted on 11/11/21 at 12:49 pm to lsu777
Posted on 11/11/21 at 1:55 pm to mach316
I've come to realize that the bots are just doing progression betting by rolling up the bet amount as the coin price falls. Think doubling your bet after every loss at the crap table. Maybe this is obvious to everyone but the light bulb just went off for me. I think that's why setting the SO at 30+ is key otherwise you hit the table max and you are stuck.
Posted on 11/11/21 at 2:41 pm to geauxnc0308
I realized exactly that’s what it was off the bat. The good ol’ “Martingale” for you craps players.
Posted on 11/11/21 at 2:45 pm to lsu777
quote:
anyone know of a way to set the bots to auto compound?
I'm working on this now. I'm trying to get a script / program that you can run locally on your workstation that will talk to the 3commas API to either auto scale your prices or pairs depending on the type of bot in use.
So far I have it where you tell it your settings and your bankroll and it will tell you what your pairs should be in a composite bot or your trade sizes should be in a single bot. I'm trying to determine for a comp bot when to stop scaling out and start scaling up, what's the magic number of active deals. My comp bot currently has 40 pairs available to it, but only set to 24 max deals. I'm letting it pick the deals based on signals. I'm trying to determine when to stop adding max deals and raise trade sizes instead.
I'm using slightly different settings after some backtesting.
10/11
2.25 deviation
1.05 SOV
1.05 SOSS
it looks like :
0 $10.00 Buy Order
1 2.25% $11.00 Initial Safety Order
2 4.61% $11.55 Safety Order #2
3 7.09% $12.13 Safety Order #3
4 9.70% $12.73 Safety Order #4
5 12.43% $13.37 Safety Order #5
6 15.30% $14.04 Safety Order #6
7 18.32% $14.74 Safety Order #7
8 21.49% $15.48 Safety Order #8
9 24.81% $16.25 Safety Order #9
10 28.30% $17.06 Safety Order #10
The idea is to make more safety orders closer to your TP and less once you get further out, i make 2 before 5% but when get to the end of the chain they are more spread out. This should close more deals faster.
This post was edited on 11/11/21 at 3:00 pm
Posted on 11/11/21 at 2:48 pm to mach316
After following this post closely and enjoying and digesting the input from Mach316, Tigerfan311, LordSaintly, and others posting I've decided to dip my toe in bots as well. I have a few noob questions. I'm starting with 2k seed money and going with 3Commas advanced. Which exchange other than Binance is best? Kucoin, FTX, or CB pro? Mach, I've seen you've tweaked your settings a few times over these posts and you're not really following Trade Alts settings closely, any recommendations for small bankroll settings? Are USD pairs still the best option starting out? Thanks in advance.
Posted on 11/11/21 at 3:04 pm to LSUStjames
Posted on 11/11/21 at 3:06 pm to sigsauer
quote:
After following this post closely and enjoying and digesting the input from Mach316, Tigerfan311, LordSaintly, and others posting I've decided to dip my toe in bots as well. I have a few noob questions. I'm starting with 2k seed money and going with 3Commas advanced. Which exchange other than Binance is best? Kucoin, FTX, or CB pro? Mach, I've seen you've tweaked your settings a few times over these posts and you're not really following Trade Alts settings closely, any recommendations for small bankroll settings? Are USD pairs still the best option starting out? Thanks in advance.
kucoin is your best exchange overall then cb pro on that list but FTX does have a lot of bots available.
binance is best overall and you can always just use vpn to setup, get the api and just only use 3 commas to buy and sell. I pretty much only use 3 commas. much better interface, tracks everything and so many great tools.
Posted on 11/11/21 at 3:07 pm to lsu777
that's what gave me the idea. I wanted to write something in PowerShell wrapped in the windows GUI to make it easy to use without having to install Node and Yarn on the machine. I may say screw it and use theirs. There are iterations of that tool, one where you need to sign up for a cloud database.
Posted on 11/11/21 at 3:31 pm to sigsauer
quote:
Are USD pairs still the best option starting out?
Do you want to take profit in fiat or in crypto? It depends on your exchange but if you want your profit in fiat and if you're using Coinbase Pro, then USD is best IMO since it has higher volume pairs.
quote:
Which exchange other than Binance is best? Kucoin, FTX, or CB pro?
I'm using CB Pro out of necessity since I'm in Louisiana. FTX.US doesn't have as many trading pairs as CB. KuCoin might be fine but I'm not familiar with it.
Posted on 11/11/21 at 4:09 pm to LordSaintly
Can't you just run the bots that FTX allows through that exchange and then whatever extra ones you want through CB Pro? 3Commas allows use of multiple exchanges. Should save a good bit on fees for those ~20-30 bots I would assume?
Is it really as simple though to just use a VPN to set up your Binance.US and get it linked to 3Commas and then after that do everything through 3Commas without it and your golden?
I assume it would have to be turned back on in order to take any profits though.
Is it really as simple though to just use a VPN to set up your Binance.US and get it linked to 3Commas and then after that do everything through 3Commas without it and your golden?
I assume it would have to be turned back on in order to take any profits though.
Posted on 11/11/21 at 4:14 pm to LSUStjames
Nice! What deal start conditions are you using?
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