Hello everyone !
Today we will consider the settings of another signal in the Marketplace on 3Commas and it is probably one of the most unusual in my opinion, because it is not formed by a combination of oscillators, but by the hands of a trader, which is suitable as an alternative to “following the trader” which many in the chat ask from the service.
I will consider where and what you can trade on this signal, I will describe the recommended bot settings for this signal.
- Registration and connection of the exchange at 3Commas.
- Available pairs and exchanges.
- Recommended strategies for signals MaybeeTradingVIP.
- Setting up a bot by signals MaybeeTradingVIP on 3Commas.
1. Registration and connection of the exchange for 3Commas.
The service is available at the link 3commas.io, this is a referral link, it will give a 10% discount on payment.
After registration, you will have access to 7 days of free service at the “Professional” tariff with all the features, and if your deposit is less than $ 750, the service will remain for you free of charge even after the trial period. If you have more than $ 750 on your balance, then you will need to choose one of the subscriptions, I recommend the “Professional” tariff as the most convenient for settings, namely, the presence of a “composite bot” and I will describe the settings just for it.
After registering with the 3commas service, you need to connect the Binance exchange via API, read how to do this here
How to create an API key for Binance is written here
2.Available pairs and exchanges.
The table below contains information for which exchanges and which pairs this signal is relevant..
In our example, we will use BTC trading.
Also at the end of the post I will post a link to a configured and working bot for USDT pairs.
3. Recommended Strategies for MaybeeTradingVIP Signals.
As I mentioned at the very beginning, signals MaybeeTradingVIP – this is the result of a trader’s work, and not algorithms based on a set of Trading View oscillators, such as RSI, BB, etc., where only the behavior of a particular coin through oscillators, etc. is taken into account only in relation to the traded coin and does not take into account the behavior of the entire market generally.
Everything that I will describe as a strategy, in fact, is not, because the strategy is “in the head” and the professionalism of a live trader based on both a technical analysis of a specific coin and a vision of the behavior of BTC (read the market) in the short term. Signals are received both for opening a deal and for closing and (ATTENTION !!) a signal is given to set Stop Loss for each deal separately, this is the only signal in which I have seen this, because most simply recommend setting a fixed% Stop Loss for all pairs in the bot, which, in my opinion, is not quite right to say the least. You can also view the Stop Loss signal in the telegram channel. https://t.me/MaybeeTrading .
I will repeat the main idea once again: These signals are actually the very long-awaited “Follow the Trader” functionality or, to some extent, “Trust Management” which you can disable or customize at any time. Unlike signals based on algo-trading that take into account only the behavior of oscillators (RSI, BB, etc.) for the traded coin, where they do not take into account the behavior of the entire market as a whole, leading to sad results, these signals are the product of the mental activity of a professional trader looking at the entire market in in general, and giving entry points, exit points and taking into account the risks of price decline sets StopLoss not at a fixed% of the entry price, but uses a “floating” Stop for a specific pair, taking into account support levels, etc..
Below I will describe the 3Commas bot settings that are relevant at the time of writing the post, but always keep in mind that the recommendations are not rules and you bear all the risks on your own and on your deposit.
RECOMMENDATIONS: Use about 2% .. 5% of your deposit for the initial order in a trade.
IMPORTANT: Incoming commands to sell, regardless of whether you have set Take Profit or not, your trade can be closed by a signal and this can happen at any time, both in “plus” or “minus” – protecting your deposit from a deeper drawdown.
https://t.me/joinchat/Huvfww4BiZK1vnNynZqk1g – chat signals MaybeeTradingVIP
https: //t.me /MaybeeTrading – channel with signals MaybeeTradingVIP
@ Maybee3344 – signal provider telegrams
4. Configuring the bot by signals MaybeeTradingVIP for 3Commas.
- Signal activation (at the time of writing become (end of August) signals are free, but you still need to activate them through the Marketplace):
If everything went well, you will see the following:
- Setting up the bot. I will customize on the example of trading to BTC _ ***
Create a bot:
We will customize by Blocks:
- Block “Basic parameters”
- Pairs block
It should look like this:
IMPORTANT: If you need to delete some pairs to which you do not want to trade, just click on the cross to the right of a particular pair. Do not forget to periodically add new pairs after listing them on the BINANCE exchange.
- Block “Strategy”
- Block “Condition for the start of the transaction” – here we just select everything MaybeeTradingVIP (if you do not have such a signal in the list, then you have not bought it yet and you need to return to point 1 “Signal activation”:
- Take profit block
- Block “Stop Loss” – for these types of signals, enable Stop Loss and set 99% so that your bot can receive signals and place Stop where the trader is going to place it. Sometimes Stop Loss can be set very far and … it can work:
- Block “Safety orders” – as it was written earlier, “averaging” is not used:
- Block “Additional settings”
All bot is configured. Push
We receive a reminder to launch the bot.
Then click “Run”
That’s all for setting up.
The link to the BTC bot, the setting of which we just made with you, I will leave here, by clicking on it you can copy it, “adjust” it for yourself or see the statistics of its work.
I also post a link to the same bot, but for trading to USDT
I am posting a link to a blog in which there are articles on the settings of other signals and real-time statistics on a real deposit for different signals, where you can get acquainted and decide on the use or not use of a particular signal for the bot.