Algorithmic Trading
Bot Functions with 3commas
Chapter 1
Disclaimer
Any advice or information in this guide is general advice only—It does not take into account your personal circumstances. By viewing any material or using the information within this guide you understand that this is general education material and you can not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here. Trading crypto has potential rewards, but also potential risks. You must be aware of the risks and be willing to accept them in order to invest in the markets. Only trade with funds you can afford to lose. This guide is neither a solicitation nor an offer to buy/sell crypto or other financial assets. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
Introduction To 3commas
3commas is a trading platform that makes use of API keys which allow a user to make trades on multiple exchanges. You can connect multiple exchanges to 3commas in order to neatly track and manage all of your trading balances. The service features amazing tools such as DCA bots, grid bots, and smart trade capabilities. Please do not try and skip anything as we truly believe the content here is laid out in the order it should be consumed to make the most sense the first time around.
https://www.youtube.com/watch?v=Q0MJDFQr6UI&list=PLa_th_mkwVKveDtChhUcnCH3m-DXZzedW
Creating a 3commas Account
If you have not created a 3commas.io account, you can do so here. 3commas is the truth and the trading bots on the software are life changing. Learn about these bots. Go and practice with them. This is one of the craziest things I have ever come across in my entire life. Enjoy.
https://www.youtube.com/watch?v=UpW1NW3QSek&list=PLa_th_mkwVKveDtChhUcnCH3m-DXZzedW&index=2
Enabling 2 Factor Authentication
There are a lot of ways to protect your account from scammers – 2 factor authentication is a very good way to secure your account. By enabling 2FA, you must have a on-time-access code to log into your account, and the code is generated randomly by an external application on a different device. This means a would-be attacker/hacker must have your separate device with the 2FA keys on it in order to get into your account. Watch this short tutorial to learn how to enable 2FA on your 3commas account.
https://www.youtube.com/watch?v=ZCwT9S7gAKk&list=PLa_th_mkwVKveDtChhUcnCH3m-DXZzedW&index=3
Navigating 3commas: The Basics
There are certainly a bunch of cool things to get into when it comes to 3commas. To understand the more complicated side of 3commas and simplify it, we must first understand the basic layout and navigation.
https://www.youtube.com/watch?v=qAHkBjVY_pE&list=PLa_th_mkwVKveDtChhUcnCH3m-DXZzedW&index=4
How to Activate Paper Trading on 3commas
Paper trading is just another awesome feature of 3commas. By enabling paper trading, you can start learn to use the tools on 3commas with “play money” in simulated markets. Once you get fully familiar with the tools, you can use them to test strategies you think might perform well.
https://www.youtube.com/watch?v=ytuY4GBABHQ&list=PLa_th_mkwVKveDtChhUcnCH3m-DXZzedW&index=7
How To Connect 3commas to Telegram
This step isn’t really for everyone, but if you do have Telegram you can use it to keep a close eye on your alerts. You can get alerts to your email, or the downloadable application, but if you want to connect to Telegram watch this short video.
https://www.youtube.com/watch?v=uo6JteS_NAM&list=PLa_th_mkwVKveDtChhUcnCH3m-DXZzedW&index=7
Now that we have the basics out of the way, we can get into the juicy stuff. From this point forward things can get messy. If you don’t understand something, don’t try to rush past it or things will really fall apart later on.