hamster-bot CCI_PSARTrending strategy using indicators:
Commodity Channel Index (CCI) www.tradingview.com(CCI)
Parabolic SAR (SAR) www.tradingview.com(SAR)
The trend is determined by PSAR indicator on the higher timeframe.
Signals of buy/sell by CCI indicator
חפש סקריפטים עבור "bot"
[B] hamster-bot ZZ Breakout reversal strategyAttention! This is a beta version of the strategy script >> <<
A backtest should only be done if you understand how the options work. Otherwise, do a test in the release version
BTC crypto bot indicator 3 MIN - PhilMEXBTC Crypto bot indicator
Can be used on all BTC USD / XBT USD
Must be used on 3 minutes timeframe only
Signals are pretty accurate and this code has no repaint.
Hope this help for your trading and Bitmex.
Some updates may come soon.
Cyatophilum Scalping Bot [ALERTSETUP]This indicator triggers Short or/and Long entries and exits.
Example with a Long trade:
The integrated stop loss will trigger an alert to exit the trade.
It is possible that a trend reverses during a trade.
In this case, the "LONG EXIT" alert will trigger at the same
time as the "SHORT ENTRY".
The Trend Detector feature, using EMA or Tilson T3 will filter trades that are against the main trend and thus increase profitability.
BONUS FEATURE
Trailing Take Profit with configurable % deviation.
SAMPLE USE CASES
ETH/BTC
ETH/USD
FOREX: GBP/USD
FOREX: XAU/USD
BTC/USDT
LTC/BTC
XRP/BTC
Read More
> Get access to the Cyatophilum Indicators <
Cyatophilum Scalping Bot [BACKTEST]This indicator triggers Short or/and Long entries and exits.
Example with a Long trade:
The integrated stop loss will trigger an alert to exit the trade.
It is possible that a trend reverses during a trade.
In this case, the "LONG EXIT" alert will trigger at the same
time as the "SHORT ENTRY".
The Trend Detector feature, using EMA or Tilson T3 will filter trades that are against the main trend and thus increase profitability.
BONUS FEATURE
Trailing Take Profit with configurable % deviation.
SAMPLE USE CASES
ETH/BTC
ETH/USD
FOREX: GBP/USD
FOREX: XAU/USD
BTC/USDT
LTC/BTC
XRP/BTC
Read More
> Get access to the Cyatophilum Indicators <
[Alerts] - Moving Average Cross and/or Bbands botThis is the alert script for :
We've included the basic alert syntax for Autoview automation. You can learn more about the syntax here: autoview.with.pink and you can watch this video here: www.youtube.com
These settings are set, by default, to the lowest contracts allowed by Bitmex (at the time of this posting) to avoid a spam account.
You can learn more about Autoview here:
autoview.with.pink
Get your invite and join us in slack here:
slack.with.pink
Moving Average Cross and/or Bbands botHello TradingView and world!
This is one of our latest concepts for an actual bot builder. This script comes with a bunch of features that we're hoping will alleviate a lot of the stress and confusion around using and building strategies here on TV. Especially if the end-goal is to automate the strategies using Autoview.
This is a combination of 2 strategies, and gives you full control of each component within the script.
The 2 strategies are:
2 Moving Averages == if close is greater than moving average and moving average 1 is greater than moving average 2
Bolling Bands == if close is less than lower or greater than upper
Features / Settings included :
- Ability to change settings from a commodity market (default) to an altcoin or forex market.
- Backtest time period selector component
- Heiken Ashi Candles on/off
- Moving Average Strategy on/off
- Bollinger Bands Strategy on/off
- Both Moving Average settings can be adjusted
- Bollinger Bands length and multiplier can be adjusted.
- Pyramiding Greater Than, Equal To, or Less Than
- Trailing Stop with the ability to set a price in which the Trailing Stop activate
- Take Profit on/off and editable
- Stop Loss on/off and editable
- Margin Call on/off dependent on Leverage which is editable
- If pyramiding is used, the strategy will calculate and display your average on the chart
- Profit and Loss visuals added to the chart
You can watch a video here on how all the settings can be used and work together.
www.youtube.com
You can learn more about Autoview here:
autoview.with.pink
Get your invite and join us in slack here:
slack.with.pink
Bot V17 Flip 30 s CavalierMaxPresentazione della Strategia "Bot XFlip 30 s CavalierMax"
Scopri la potenza di una strategia di trading innovativa, progettata per sfruttare al massimo i movimenti di inversione del mercato. La nostra soluzione automatizzata "Bot XFlip 30 s CavalierMax" offre un approccio sofisticato per entrare ed uscire dalle posizioni, garantendo una gestione dinamica del rischio e delle dimensioni degli ordini.
Caratteristiche Chiave:
Flip con Ritardo per Entrate Precise:
Dopo ogni inversione (flip), la strategia introduce un ritardo di una candela prima di attivare la prossima entry. Questo meccanismo riduce il rischio di false inversioni e assicura una conferma solida del cambiamento di tendenza.
Utilizzo di Candele Heikin Ashi e Time Frame M15:
Per ottenere segnali più fluidi e ridurre la volatilità intrinseca del mercato, la strategia è ottimizzata per l’uso con candele Heikin Ashi. Inoltre, il time frame consigliato per la visualizzazione è M15, garantendo un equilibrio perfetto tra tempestività e affidabilità dei segnali.
Gestione Avanzata del Rischio e del Money Management:
La strategia integra un sistema di trailing stop loss basato sull’equity, con input personalizzabili per adattarsi al profilo di rischio dell’utente. Inoltre, la dimensione dinamica dell’ordine si adatta automaticamente in base ai profitti o alle perdite, massimizzando il potenziale di guadagno.
Tecnologie Innovative di Analisi:
Sfrutta un mix di indicatori personalizzati e tecniche di regressione kernel per prevedere i movimenti del mercato. Il sistema applica filtri basati su volatilità, regime e ADX, garantendo l’entrata in posizioni solo quando le condizioni di mercato sono favorevoli.
Perché Scegliere "Bot XFlip 30 s CavalierMax":
Precisione nei Segnali: Il ritardo di una candela dopo il flip aiuta a evitare segnali prematuri, migliorando la precisione delle entrate e delle uscite.
Facilità d'Uso: Ottimizzato per Heikin Ashi e il time frame M15, è ideale sia per trader esperti che per chi desidera avvicinarsi al mondo del trading automatizzato.
Massima Personalizzazione: Gli input regolabili permettono di adattare la strategia alle specifiche esigenze e alla tolleranza al rischio di ogni trader.
Innovazione e Affidabilità: Con una combinazione di analisi tecnica avanzata e tecniche di machine learning, la strategia è pensata per dare risultati consistenti in un mercato in continua evoluzione.
Contatti:
Per maggiori informazioni e per scoprire come implementare "Bot XFlip 30 s CavalierMax" nel tuo trading, contattaci all'indirizzo: info@forex4all.og
Scegli l'innovazione, scegli l'efficacia: trasforma il tuo trading con "Bot XFlip 30 s CavalierMax"!
Bot for Spot Market - Custom GridThis script is designed to create a trading bot for the spot market, specifically for buying and selling bitcoins profitably. Recommended for timeframes above two hours. Here are the main functions and features of the script:
Strategy Setup: The bot is set up with a custom grid strategy, defining parameters like pyramiding (allowed number of simultaneous trades), margin requirements, commission, and initial capital.
Order Requirements: It calculates the order price and amount based on the minimum requirements set by the exchange and rounds them appropriately.
Entry Conditions: The bot makes new entries if the closing price falls a certain percentage below the last entry price. It continues to make entries until the closing price rises a certain percentage above the average entry price.
Targets and Plots:
It calculates and plots the target profit level.
It plots the average entry price and the last entry price.
It plots the next entry price based on the defined conditions.
It plots the maximum number of orders allowed based on equity and the number of open orders.
Timerange: The bot can start trading from a specific date and time defined by the user.
Entries: It places orders if the timerange conditions are met. It also places new orders if the closing price is below the last entry price by a defined percentage.
Profit Calculation: The script calculates open profit or loss for the open positions.
Exit Conditions: It closes all positions if the open profit is positive and the closing price is above the target profit level.
Performance Table: The bot maintains and displays statistics like the number of open and closed trades, net profit, and equity in a table format.
The script is customizable, allowing users to adjust parameters like initial capital, commission, order values, and profit targets to fit their specific trading needs and exchange requirements.
Bot Controller V1.1This script allows you to define various trading sessions with alerts for when the session starts and ends. This allows you to do things like switch your trading bots off while you are sleeping.
It starts with default settings for weekday daytime, evening, nighttime, and weekends
Setup recommendations:
Use the Timezone setting in the indicator to match your trading view timezone setting to have alerts triggered when you expect
Add alerts from a lower TF e.g 1min chart
Use once per bar for the alerts
Notes on alerts:
If you have a session stop then immediately have another starting with no time break in between the start/stop alerts may overlap/trigger at the same time so it's probably best just to use the stop or start alerts for each session.
Bot go_up DD_long/shortHello!
This strategy is based on the double bottom pattern - for entering a long position / double top-short
A double bottom pattern is formed when two price bottoms are relatively at the same level and the top acts as resistance. This pattern appears at the end of a downtrend and signals a reversal.
A double top is a bearish reversal pattern that signals the end of an uptrend. It is formed by two price highs forming at the same level and a notch line that acts as local support.
As history and practice show, the double bottom pattern works better. Moreover, in a bull market.
You can include only long or only short. BUT while there is a long, a short position will not be opened, in fact, with a long as well.
You can use reverse trade, one coin at a time.
DESCRIPTION:
// LOGIC ENTRY:
Period for short and long positions-to search for double bottom as well as double top. the more, the less false.
Change liong and short-channel width for pattern search separately for long and short.
General shift-the overall width of the channel, which changes equally at once for long and short
By default, quiet settings for tf 5 minutes are applied!
You can choose the settings you like.
// AMOUNT(USDT) FIRST ORDER AND > % NEXT
In the first column, indicate the amount, in the second, how many percent the next order will be more than the previous one.
// EXIT SETTINGS
Closing a trade by RSI when it reaches the level specified in the settings (but in the negative, the trade will never be closed, even if the condition is triggered)
Using a percentage to exit a trade + stop loss. (Put a stop order 1000+ on the market can be anything, especially if you use spot trading)
PS: in order to use the RSI output at a certain level, put a checkmark on the desired one, and also check the percentage box and indicate a take on the percentage 10-20 +)
// MARTINGALE GRID
If there is a check mark, then the grid is used.
Use all signals?
If yes, then there will be no limit on inputs from logic
If the checkbox is not checked, then you can limit the entries from the strategy logic by the specified percentage.
Grid, the next order, when decreasing by a certain percentage, an order when decreasing by the percentage that will be specified (after entering from the logic, when the next signal appears, the grid will be counted from the beginning)
PS: orders are not automatically placed, if the conditions are triggered, then the entry is only at the next bar (within the TV, it is not possible to add orders immediately, but most often, in case of straits, for the better)
// FILTER SETTINGS
The filter consists of a series of popular, averaged oscillators
//DATA RANGE
You can see the results for the selected period
//
CALCULATION OF ORDERS AND MARGIN (FOR INFO ONLY)
The number of orders is the number of entries (you must always have the same number of orders in the arguments and in the properties !!)
- in the aruments for understanding, in the properties - it does not matter how much it will cost there, so many inputs will be!)
-leverage is created to calculate the margin
When you change these parameters, you will understand how much money is required in general and what maximum drawdown can be allowed
Green line-take, lower-stop-order.
To use algo trading, in fact, you need to use a script, in the service through which you will transmit a signal through webhooks, you need to select the amount.
{{strategy.order.contracts}}
ОПИСАНИЕ НА РУССКОМ
//ЛОГИКА ВХОДА:
Период для шорт и лонг позиций, сдвиг для шорта лонга, также общий
По умолчанию применены спокойные настройки для тф. 5 минут.
Вы можете самостоятельно подбирать настройки, основываясь на прошлые результаты
//СУММА ВХОДА В ЮЗДТ +МАРТИНГЕЙЛ:
В первой графе указываете сумму , во второй -на сколько процентов следующий ордер будет больше предыдущего.
//НАСТРОЙКИ ВЫХОДА ИЗ СДЕЛКИ
Закрытие сделки по RSI, когда достигнет уровня, указанного в настройках ( но в минус сделка не будет закрыта никогда, даже если условие сработало)
Использование процента для выхода из сделки+ стоп приказ.( Ставьте стоп-приказ 1000+ на рынке может быть всякое, тем более, если используете спотовую торговлю)
ПС: для того, чтобы использовать выход по RSI по определенному уровню, поставьте галочку на нужный , а также поставьте галочку по проценту и укажите тейк по проценту 10-20+)
//НАСТРОЙКИ СЕТКИ
Если стоит галочка-то сетка используется.
Использовать все сигналы?
Если да, то лимита по входам от логики не будет
Если не стоит галочка, то можно ограничить входы от логики стратегии, на указанный процент.
Сетка, следующий ордер, при снижении на определенный процент-след ордер при снижении на тот процент, который будет указан ( после входа от логики , при появлении следующего сигнала сетка будет считаться с начала)
ПС: ордера автоматически не ставятся, если сработали условия, то вход, только на следующем баре ( в рамках ТВ, нет возможности добавить сразу ордера, но чаще всего, при проливах-к лучшему)
//НАСТРОЙКИ ФИЛЬТРА
Фильтр состоит из серии популярных, усредненных осцилляторов.
//
БЭКТЕСТИНГ
Можете посмотреть результаты за выбранный промежуток
//
ПИРАМИДИНГ (исключительно для расчета)
Количество ордеров-это количество входов ( у вас всегда должно быть одинаковое количество ордеров в агрументах и в свойствах!!)
-в аргументах для понимания, в свойствах -важно, сколько там будет стоить-столько входов и будет!)
-плечо создано для расчета маржи
При изменение данных параметров Вы будете понимать сколько потребуется средств в общем и какую максимальную просадку можно допустить
Зеленая линия-тейк, нижняя-стоп-приказ.
Для использования алго-трейдинга, собственно так и нужно использовать скрипт, в сервисе, через который Вы будете передавать сигнал через веб-хуки , Вам нужно выбрать количество.
{{strategy.order.contracts}}
Удачных трейдов, друзья!
[3Commas] DCA Bot TesterDCA Bot Tester
🔷What it does: A tool designed to simulate the behavior of a Dollar Cost Averaging (DCA) strategy based on input signals from a source indicator. Additionally, it enables you to send activation signals to 3Commas Bots via TradingView webhooks.
🔷Who is it for: This tool is ideal for those who want a visual representation and strategy report of how a DCA Bot would perform under specific conditions. By adjusting the parameters, you can assess whether the strategy aligns with your risk/reward expectations before implementation, helping you save time and protect your capital.
🔷How does it work: The tool leverages a pyramiding function to simulate price averaging, mimicking how a DCA Bot operates. It calculates volume-based averaging and, upon reaching the target, closes the positions. Conversely, if the target isn't reached, a Stop Loss is triggered, potentially resulting in significant losses if improperly configured.
🔷Why It’s Unique
Easy visualization of DCA Bot entry and exit points according to user preferences.
DCA Bot Summary table same as the one shown in the new 3Commas interface.
Use plots from other indicators as Entry Trigger Source, with a small modification of the code.
Option to Review message format before sending Signals to 3Commas. Compatibility with Multi-Pair, and futures contract pairs.
Option to filter signals by session and day according to the user’s timezone.
👉 Before continuing with the explanation of the tool, please take a few minutes to read this information, paying special attention to the risks of using DCA strategies.
DCA Bot: What is it, how does it work, and what are its advantages and risks?
A DCA Bot is an automated tool designed to simplify and optimize your trading operations, particularly in cryptocurrencies. Based on the concept of Dollar Cost Averaging (DCA) , this bot implements scaled strategies that allow you to distribute your investments intelligently. The key lies in dividing your capital into multiple orders, known as base orders and safety orders, which are executed at different price levels depending on market conditions.
These bots are highly customizable, meaning you can adapt them to your goals and trading style, whether you're operating Long (expecting a price increase) or Short (expecting a price decrease). Their primary purpose is to reduce the impact of entries that move against the estimated direction and ensure you achieve a more favorable average price.
🔸 Key Features of DCA Bots
Customizable configuration: DCA bots allow you to adjust the size of your initial investment, the number of safety orders, and the price levels at which these orders execute. These orders can be equal or incremental, depending on your risk tolerance.
Scaled safety orders: If the asset's price moves against your position, the bot executes safety orders at strategic levels to average your entry price and increase your chances of closing in profit.
Automatic Take Profit: When the predefined profit level is reached, the bot closes the position, ensuring net gains by averaging all entries made using the DCA strategy.
Stop Loss option: To protect your capital, you can set a stop loss level that limits losses if the market moves drastically against your position.
Flexibility: Bots can integrate with 3Commas technical indicators or external signals from TradingView, allowing you to trade in any trend, whether bullish or bearish.
Support for multiple assets: You can trade cryptocurrency pairs and exchanges compatible with 3Commas, offering a wide range of possibilities to diversify your strategies.
✅ Advantages of DCA Bots
Time-saving automation: DCA bots eliminate the need for constant market monitoring, executing your trades automatically and efficiently based on predefined settings.
Favorable averages in volatile markets: By averaging your entries, the bot can offer more competitive prices even under adverse market conditions. This increases your chances of recovering a position and closing it profitably.
Advanced capital management: With customizable settings, you can adjust the size of base and safety orders to optimize capital usage and reduce risk.
Additional protection: The ability to set a stop loss ensures your losses are limited, safeguarding your capital in extreme scenarios.
⚠️ Risks of Using a DCA Bot
Requires significant capital: Safety orders can accumulate quickly if the price moves against your position. This issue is compounded if increasing amounts are used for safety orders, which can immobilize large portions of capital in adverse markets.
Markets lacking clear direction: During consolidation periods or erratic movements, the bot may generate unrealized losses and make position recovery difficult.
Opportunity cost: Investing in an asset that doesn't show favorable behavior can prevent you from seizing opportunities in other markets.
Emotional pressure: Large investments in advanced stages of the DCA strategy can cause stress, especially if an asset takes too long to reach your take profit level.
Dependence on market recovery: DCA assumes that the price will eventually move in your favor, which does not always happen, especially in assets without solid fundamentals.
📖 Key Considerations for Effectively Using a DCA Bot
Use small amounts for your base and safety orders: Setting small initial orders not only limits capital usage but also allows you to manage multiple bots simultaneously, maximizing portfolio diversification.
Capital management: Define a clear budget and never risk more than you are willing to lose. This is essential for maintaining sustainable operations.
Select assets with strong fundamentals: Apply DCA to assets you understand and that have solid fundamentals and a proven historical growth record. Additionally, analyze each cryptocurrency's fundamentals: What problem does it solve? Does it have a clear use case? Is it viable in the long term? These questions will help you make more informed decisions.
Diversification: Do not concentrate all your capital on a single asset or strategy. Spread your risk across multiple bots or assets.
Monitor regularly: While bots are automated and eliminate the need to monitor the market constantly, it is essential to monitor the bots themselves to ensure they are performing as expected. This includes reviewing their performance and making adjustments if market conditions change. Remember, the goal is to automate trades, but active bot management is crucial to avoid surprises.
A DCA Bot is a powerful tool for traders looking to automate their strategies and reduce the impact of market fluctuations. However, like any tool, its success depends on how it is configured and used. By applying solid capital management principles, carefully selecting assets, and using small amounts in your orders, you can maximize its potential and minimize risks.
🔷FEATURES & HOW TO USE
🔸Strategy: Here you must select the type of signal you are going to analyze and send signals to the DCA Bot, either Long for buy signals or Short for sell signals. This must match the Bot created in 3Commas.
🔸Add a Source Indicator for Entry Triggers
Tradingview allows us to use indicator plots as a source in other indicators, we will use this functionality so that the buy or sell signals of an indicator are processed by the DCA Bot Tester.
In this EXAMPLE we will use a simple strategy that uses a Donchian Channel (DC) and an Exponential Moving Average (EMA).
Trigger to buy or long signal will be when: the price closes above the previous upper level and the average of the upper and lower level (basis) is greater than the EMA.
Trigger sell or short signal will be when: the price closes below the previous lower level and the average of the upper and lower level (basis) is less than the EMA.
trigger_buy = ta.crossover (close,upper ) and basis > ema and barstate.isconfirmed
trigger_sell = ta.crossunder(close,lower ) and basis < ema and barstate.isconfirmed
Then we create the plots that will be used as input source in the DCA Bot Tester indicator.
When a buy condition is given the plot "🟢 Trigger Buy" will have a value of 1 otherwise it will remain at 0.
When a sell condition is given the plot "🔴 Trigger Sell" will have a value of -1 otherwise it will remain at 0.
plot(trigger_buy ? 1 : 0 , '🟢 Trigger Buy' , color = na, display = display.data_window)
plot(trigger_sell? -1 : 0 , '🔴 Trigger Sell', color = na, display = display.data_window)
Here you have the complete code so you can use it and do tests. Basically you just have to define the buy or sell conditions of your preferred indicator or strategy and then create the plots with the same format that will be used in DCA Bot Tester.
//@version=6
indicator(title="Simple Strategy Example", overlay= false)
// Indicator and Signal Triggers
length = input.int(10, title = "DC Length" , display = display.none)
length_ema = input.int(50, title = "EMA Length", display = display.none)
lower = ta.lowest (length)
upper = ta.highest(length)
ema = ta.ema (close, length_ema)
basis = math.avg (upper, lower)
plot(basis, "Basis", color = color.orange, display = display.all-display.status_line)
plot(upper, "Upper", color = color.blue , display = display.all-display.status_line)
plot(lower, "Lower", color = color.blue , display = display.all-display.status_line)
plot(ema , "EMA" , color = color.red , display = display.all-display.status_line)
candlecol = open < close ? color.teal : color.red
plotcandle(open, high, low, close, title='Candles', color = candlecol, wickcolor = candlecol, bordercolor = candlecol, display = display.pane)
trigger_buy = ta.crossover (close,upper ) and basis > ema and barstate.isconfirmed
trigger_sell = ta.crossunder(close,lower ) and basis < ema and barstate.isconfirmed
plotshape(trigger_buy ?close:na, title="Label Buy" , style=shape.labelup , location= location.belowbar, color=color.green, text="B", textcolor=color.white, display=display.pane)
plotshape(trigger_sell?close:na, title="Label Sell", style=shape.labeldown, location= location.abovebar, color=color.red , text="S", textcolor=color.white, display=display.pane)
// ――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――
// 👇 Plots to be used in the DCA Bot Indicator as source triggers.
// ――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――
plot(trigger_buy ? 1 : 0 , '🟢 Trigger Buy' , color = na, display = display.data_window)
plot(trigger_sell? -1 : 0 , '🔴 Trigger Sell', color = na, display = display.data_window)
To use the example code
Open the Pine Editor, paste the code and then click Add to chart.
Then in the Plot Entry Trigger Source option, we will select 🟢 Trigger Buy, as the plot that will give us the buy signals when it is worth 1, otherwise for the sell signals you must change the value to -1 in the Plot Entry Trigger Value and remember to change the strategy mode to Short.
🔸DCA Settings: Here you need to configure the DCA values of the strategy, you can see the meaning of each value in the Settings Section. Once you are satisfied with the tests configure the 3Commas DCA Bot with the same values so that the Summary Table matches the 3Commas Table. Pay close attention to the Total Volume that the Bot will use, according to the amount of Safety Orders you are going to execute, and that all the values in the table adapt to your risk tolerance.
🔸DCA Bot Deal Start: Once you create the Bot in 3Commas with the same settings it will give you a Deal Start Message, you must copy and paste it in this section, verify that it is the same in the summary table, this is used to be sent through tradingview alerts to the Bot and it can process the signals.
🔸DCA Bot Multi-Pair: A Multi-Pair Bot allows you to manage several pairs with a single bot, but you must specify which pair it will run on. You must activate it if you want to use the signals in a DCA Bot Multi-pair. In the text box you must enter (using the 3Commas format) the symbol for each pair before you create the alert so that the bot understands which pair to work on.
In the following image we would be configuring the indicator to send a signal to activate the bot in the BTCUSDT pair using the given format it would be USDT_BTC, but if we wanted to send a signal in another pair we must change the pair in the chart and also in the configuration, an example with ETHUSDT would be USDT_ETH. After this we could create the alert, and the Mult-Pair Bot would detect it correctly.
🔸Strategy Tester Filters: This is useful if you want to test the strategy's result on a certain time window, the indicator will only enter this range. If disabled it will use all historical data available on the chart. If you are going to use the tool to send signals, make sure to disable the Use Custom Test Period. If you want the entries to only run at a certain time and day, in that case make sure that the timezone matches the one you are using in the chart.
🔸Properties: Adjust your initial capital and exchange commission appropriately to achieve realistic results.
🔸Create alerts to trigger the DCA Bot
Check that the message is the same as the one indicated by the DCA Bot.
In the case of Multi-Pair, enable the option to add the symbol with the correct format.
When creating an alert, select Any alert() function call.
Enter the any name of the alert.
Open the Notifications tab and enable Webhook URL
Paste Webhook URL provided by 3Commas looking in the section How to use TradingView custom signals.
Done, alerts will be sent with the correct format automatically to 3Commas.
🔷 INDICATOR SETTINGS
🔸3Commas DCA Bot Settings
Strategy: Select the direction of the strategy to test Long or Short, this must be the same as the Bot created in 3Commas, so that the signals are processed properly.
DCA Bot Deal Start: Copy and paste the message for the deal start signal of the DCA Bot you created in 3Commas. This is the message that will be sent with the alert to the Bot, you must verify that it is the same as the 3Commas bot so that it can process properly so that it executes and starts the trade.
DCA Bot Multi-Pair: A Multi-Pair Bot allows you to manage several pairs with a single bot, but you must specify which pair it will run on.
DCA Bot Summary Table: Here you can activate the display of table as well as change the size, position, text color and background color.
🔸Source Indicator Settings
Plot Entry Trigger Source: Select a Plot for Entries of the Source Indicator. This refers to the Long or Short entry signal that the indicator will use as BO (Base Order).
Plot Entry Trigger Value: Value of the Source Indicator to Deal Start Condition Trigger. The default value is 1, this means that when a signal is given for example Long in the source indicator, we will use 1 or for Short -1 if there is no signal it will be 0 so it will not execute any entry, please review the example code and adjust the indicator you are going to use in the same way.
🔸DCA Settings
Base Order: The Base Order is the first order the bot will create when starting a new deal.
Safety Order: Enter the amount of funds your safety orders will use to average the cost of the asset being traded.Safety orders are also known as Dollar Cost Averaging and help when prices move in the opposite direction to your bot's take profit target.
Safety Orders Deviation %: Enter the percentage difference in price to create the first Safety Order. All Safety Orders are calculated from the price the initial Base Order was filled on the exchange account.
Safety Orders Max Count: This is the total number of Safety Orders the bot is allowed to use per deal that is opened. All Safety Orders created by the bot are placed as Limit Orders on the exchange's order book.
Safety Orders Volume Scale: The Safety Order Volume Scale is used to multiply the amount of funds used by the last Safety Order that was created. Using a larger amount of funds for Safety Orders allows your bot to be more aggressive at Dollar Cost Averaging the price of the asset being traded.
Safety Orders Step Scale: The Safety Order Step Scale is used to multiply the Price Deviation percentage used by the last Safety Order placed on the exchange account. Using a larger value here will reduce the amount of Safety Orders your bot will require to cover a larger move in price in the opposite direction to the active deal's take profit target.
Take Profit %: The Take Profit section offers tools for flexible management of target parameters: automatic profit upon reaching one or more target levels in percentage.
Stop Loss % | Use SL: To enable Stop Loss, please check the "Use SL" box. This is the percentage that price needs to move in the opposite direction to close the deal at a loss. This must be greater than the sum of the deviations from the safety orders.
🔸Strategy Tester Filters
Use Custom Test Period: When enabled signals only works in the selected time window.. If disabled it will use all historical data available on the chart.
Test Start and End: Once the Custom Test Period is enabled, here you select the start and end date that you want to analyze.
Session Filter | Days | Background: Here you can choose a time zone in which signals will be sent or your strategy will be tested, as well as the days and a background of it. It is important that you use the same timezone as your chart so that it matches.
👨🏻💻💭 If this tool helps you, don’t forget to give it a boost! Feel free to share in the comments how you're using it or if you have any questions.
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The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
Grid Bot Parabolic [xxattaxx]🟩 The Grid Bot Parabolic, a continuation of the Grid Bot Simulator Series , enhances traditional gridbot theory by employing a dynamic parabolic curve to visualize potential support and resistance levels. This adaptability is particularly useful in volatile or trending markets, enabling traders to explore grid-based strategies and gain deeper market insights. The grids are divided into customizable trade zones that trigger signals as prices move into new zones, empowering traders to gain deeper insights into market dynamics and potential turning points.
While traditional grid bots excel in ranging markets, the Grid Bot Parabolic’s introduction of acceleration and curvature adds new dimensions, enabling its use in trending markets as well. It can function as a traditional grid bot with horizontal lines, a tilted grid bot with linear slopes, or a fully parabolic grid with curves. This dynamic nature allows the indicator to adapt to various market conditions, providing traders with a versatile tool for visualizing dynamic support and resistance levels.
🔑 KEY FEATURES 🔑
Adaptable Grid Structures (Horizontal, Linear, Curved)
Buy and Sell Signals with Multiple Trigger/Confirmation Conditions
Secondary Buy and Secondary Sell Signals
Projected Grid Lines
Customizable Grid Spacing and Zones
Acceleration and Curvature Control
Sensitivity Adjustments
📐 GRID STRUCTURES 📐
Beyond its core parabolic functionality, the Parabolic Grid Bot offers a range of grid configurations to suit different market conditions and trading preferences. By adjusting the "Acceleration" and "Curvature" parameters, you can transform the grid's structure:
Parabolic Grids
Setting both acceleration and curvature to non-zero values results in a parabolic grid.This configuration can be particularly useful for visualizing potential turning points and trend reversals. Example: Accel = 10, Curve = -10)
Linear Grids
With a non-zero acceleration and zero curvature, the grid tilts to represent a linear trend, aiding in identifying potential support and resistance levels during trending phases. Example: Accel =1.75, Curve = 0
Horizontal Grids
When both acceleration and curvature are set to zero, the indicator reverts to a traditional grid bot with horizontal lines, suitable for ranging markets. Example: Accel=0, Curve=0
⚙️ INITIAL SETUP ⚙️
1.Adding the Indicator to Your Chart
Locate a Starting Point: To begin, visually identify a price point on your chart where you want the grid to start.This point will anchor your grid.
2. Setting Up the Grid
Add the Grid Bot Parabolic Indicator to your chart. A “Start Time/Price” dialog will appear
CLICK on the chart at your chosen start point. This will anchor the start point and open a "Confirm Inputs" dialog box.
3. Configure Settings. In the dialog box, you can set the following:
Acceleration: Adjust how quickly the grid reacts to price changes.
Curve: Define the shape of the parabola.
Intervals: Determine the distance between grid levels.
If you choose to keep the default settings, with acceleration set to 0 and curve set to 0, the grid will display as traditional horizontal lines. The grid will align with your selected price point, and you can adjust the settings at any time through the indicator’s settings panel.
⚙️ CONFIGURATION AND SETTINGS ⚙️
Grid Settings
Accel (Acceleration): Controls how quickly the price reacts to changes over time.
Curve (Curvature): Defines the overall shape of the parabola.
Intervals (Grid Spacing): Determines the vertical spacing between the grid lines.
Sensitivity: Fine tunes the magnitude of Acceleration and Curve.
Buy Zones & Sell Zones: Define the number of grid levels used for potential buy and sell signals.
* Each zone is represented on the chart with different colors:
* Green: Buy Zones
* Red: Sell Zones
* Yellow: Overlap (Buy and Sell Zones intersect)
* Gray: Neutral areas
Trigger: Chooses which part of the candlestick is used to trigger a signal.
* `Wick`: Uses the high or low of the candlestick
* `Close`: Uses the closing price of the candlestick
* `Midpoint`: Uses the middle point between the high and low of the candlestick
* `SWMA`: Uses the Symmetrical Weighted Moving Average
Confirm: Specifies how a signal is confirmed.
* `Reverse`: The signal is confirmed if the price moves in the opposite direction of the initial trigger
* `Touch`: The signal is confirmed when the price touches the specified level or zone
Sentiment: Determines the market sentiment, which can influence signal generation.
* `Slope`: Sentiment is based on the direction of the curve, reflecting the current trend
* `Long`: Sentiment is bullish, favoring buy signals
* `Short`: Sentiment is bearish, favoring sell signals
* `Neutral`: Sentiment is neutral. No secondary signals will be generated
Show Signals: Toggles the display of buy and sell signals on the chart
Chart Settings
Grid Colors: These colors define the visual appearance of the grid lines
Projected: These colors define the visual appearance of the projected lines
Parabola/SWMA: Adjust colors as needed. These are disabled by default.
Time/Price
Start Time & Start Price: These set the starting point for the parabolic curve.
* These fields are automatically populated when you add the indicator to the chart and click on an initial location
* These can be adjusted manually in the settings panel, but he easiest way to change these is by directly interacting with the start point on the chart
Please note: Time and Price must be adjusted for each chart when switching assets. For example, a Start Price on BTCUSD of $60,000 will not work on an ETHUSD chart.
🤖 ALGORITHM AND CALCULATION 🤖
The Parabolic Function
At the core of the Parabolic Grid Bot lies the parabolic function, which calculates a dynamic curve that adapts to price action over time. This curve serves as the foundation for visualizing potential support and resistance levels.
The shape and behavior of the parabola are influenced by three key user-defined parameters:
Acceleration: This parameter controls the rate of change of the curve's slope, influencing its tilt or steepness. A higher acceleration value results in a more pronounced tilt, while a lower value leads to a gentler slope. This applies to both curved and linear grid configurations.
Curvature: This parameter introduces and controls the curvature or bend of the grid. A higher curvature value results in a more pronounced parabolic shape, while a lower value leads to a flatter curve or even a straight line (when set to zero).
Sensitivity: This setting fine-tunes the overall responsiveness of the grid, influencing how strongly the Acceleration and Curvature parameters affect its shape. Increasing sensitivity amplifies the impact of these parameters, making the grid more adaptable to price changes but potentially leading to more frequent adjustments. Decreasing sensitivity reduces their impact, resulting in a more stable grid structure with fewer adjustments. It may be necessary to adjust Sensitivity when switching between different assets or timeframes to ensure optimal scaling and responsiveness.
The parabolic function combines these parameters to generate a curve that visually represents the potential path of price movement. By understanding how these inputs influence the parabola's shape and behavior, traders can gain valuable insights into potential support and resistance areas, aiding in their decision-making process.
Sentiment
The Parabolic Grid Bot incorporates sentiment to enhance signal generation. The "Sentiment" input allows you to either:
Manually specify the market sentiment: Choose between 'Long' (bullish), 'Short' (bearish), or 'Neutral'.
Let the script determine sentiment based on the slope of the parabolic curve: If 'Slope' is selected, the sentiment will be considered 'Long' when the curve is sloping upwards, 'Short' when it's sloping downwards, and 'Neutral' when it's flat.
Buy and Sell Signals
The Parabolic Grid Bot generates buy and sell signals based on the interaction between the price and the grid levels.
Trigger: The "Trigger" input determines which part of the candlestick is used to trigger a signal (wick, close, midpoint, or SWMA).
Confirmation: The "Confirm" input specifies how a signal is confirmed ('Reverse' or 'Touch').
Zones: The number of "Buy Zones" and "Sell Zones" determines the areas on the grid where buy and sell signals can be generated.
When the trigger condition is met within a buy zone and the confirmation criteria are satisfied, a buy signal is generated. Similarly, a sell signal is generated when the trigger and confirmation occur within a sell zone.
Secondary Signals
Secondary signals are generated when a regular buy or sell signal contradicts the prevailing sentiment. For example:
A buy signal in a bearish market (Sentiment = 'Short') would be considered a "secondary buy" signal.
A sell signal in a bullish market (Sentiment = 'Long') would be considered a "secondary sell" signal.
These secondary signals are visually represented on the chart using hollow triangles, differentiating them from regular signals (filled triangles).
While they can be interpreted as potential contrarian trade opportunities, secondary signals can also serve other purposes within a grid trading strategy:
Exit Signals: A secondary signal can suggest a potential shift in market sentiment or a weakening trend. This could be a cue to consider exiting an existing position, even if it's currently profitable, to lock in gains before a potential reversal
Risk Management: In a strong trend, secondary signals might offer opportunities for cautious counter-trend trades with controlled risk. These trades could utilize smaller position sizes or tighter stop-losses to manage potential downside if the main trend continues
Dollar-Cost Averaging (DCA): During a prolonged trend, the parabolic curve might generate multiple secondary signals in the opposite direction. These signals could be used to implement a DCA strategy, gradually accumulating a position at potentially favorable prices as the market retraces or consolidates within the larger trend
Secondary signals should be interpreted with caution and considered in conjunction with other technical indicators and market context. They provide additional insights into potential market reversals or consolidation phases within a broader trend, aiding in adapting your grid trading strategy to the evolving market dynamics.
Examples
Trigger=Wick, Confirm=Touch. Signals are generated when the wick touches the next gridline.
Trigger=Close, Confirm=Touch. Signals require the close to touch the next gridline.
Trigger=SWMA, Confirm=Reverse. Signals are triggered when the Symmetrically Weighted Moving Average reverse crosses the next gridline.
🧠THEORY AND RATIONALE 🧠
The innovative approach of the Parabolic Grid Bot can be better understood by first examining the limitations of traditional grid trading strategies and exploring how this indicator addresses them by incorporating principles of market cycles and dynamic price behavior
Traditional Grid Bots: One-Dimensional and Static
Traditional grid bots operate on a simple premise: they divide the price chart into a series of equally spaced horizontal lines, creating a grid of trading zones. These bots excel in ranging markets where prices oscillate within a defined range. Buy and sell orders are placed at these grid levels, aiming to profit from mean reversion as prices bounce between the support and resistance zones.
However, traditional grid bots face challenges in trending markets. As the market moves in one direction, the bot continues to place orders in that direction, leading to a stacking of positions. If the market eventually reverses, these stacked trades can be profitable, amplifying gains. But the risk lies in the potential for the market to continue trending, leaving the trader with a series of losing trades on the wrong side of the market
The Parabolic Grid Bot: Adding Dimensions
The Parabolic Grid Bot addresses the limitations of traditional grid bots by introducing two additional dimensions:
Acceleration (Second Dimension): This parameter introduces a second dimension to the grid, allowing it to tilt upwards or downwards to align with the prevailing market trend. A positive acceleration creates an upward-sloping grid, suitable for uptrends, while a negative acceleration results in a downward-sloping grid, ideal for downtrends. The magnitude of acceleration controls the steepness of the tilt, enabling you to fine-tune the grid's responsiveness to the trend's strength
Curvature (Third Dimension): This parameter adds a third dimension to the grid by introducing a parabolic curve. The curve's shape, ranging from gentle bends to sharp turns, is controlled by the curvature value. This flexibility allows the grid to closely mirror the market's evolving structure, potentially identifying turning points and trend reversals.
Mean Reversion in Trending Markets
Even in trending markets, the Parabolic Grid Bot can help identify opportunities for mean reversion strategies. While the grid may be tilted to reflect the trend, the buy and sell zones can capture short-term price oscillations or consolidations within the broader trend. This allows traders to potentially pinpoint entry and exit points based on temporary pullbacks or reversals.
Visualize and Adapt
The Parabolic Grid Bot acts as a visual aid, enhancing your understanding of market dynamics. It allows you to "see the curve" by adapting the grid to the market's patterns. If the market shows a parabolic shape, like an upward curve followed by a peak and a downward turn (similar to a head and shoulders pattern), adjust the Accel and Curve to match. This highlights potential areas of interest for further analysis.
Beyond Straight Lines: Visualizing Market Cycle
Traditional technical analysis often employs straight lines, such as trend lines and support/resistance levels, to interpret market movements. However, many analysts, including Brian Millard, contend that these lines can be misleading. They propose that what might appear as a straight line could represent just a small part of a larger curve or cycle that's not fully visible on the chart.
Markets are inherently cyclical, marked by phases of expansion, contraction, and reversal. The Parabolic Grid Bot acknowledges this cyclical behavior by offering a dynamic, curved grid that adapts to these shifts. This approach helps traders move beyond the limitations of straight lines and visualize potential support and resistance levels in a way that better reflects the market's true nature
By capturing these cyclical patterns, whether subtle or pronounced, the Parabolic Grid Bot offers a nuanced understanding of market dynamics, potentially leading to more accurate interpretations of price action and informed trading decisions.
⚠️ DISCLAIMER⚠️
This indicator utilizes a parabolic curve fitting approach to visualize potential support and resistance levels. The mathematical formulas employed have been designed with adaptability and scalability in mind, aiming to accommodate various assets and price ranges. While the resulting curves may visually resemble parabolas, it's important to note that they might not strictly adhere to the precise mathematical definition of a parabola.
The indicator's calculations have been tested and generally produce reliable results. However, no guarantees are made regarding their absolute mathematical accuracy. Traders are encouraged to use this tool as part of their broader analysis and decision-making process, combining it with other technical indicators and market context.
Please remember that trading involves inherent risks, and past performance is not indicative of future results. It is always advisable to conduct your own research and exercise prudent risk management before making any trading decisions.
🧠 BEYOND THE CODE 🧠
The Parabolic Grid Bot, like the other grid bots in this series, is designed with education and community collaboration in mind. Its open-source nature encourages exploration, experimentation, and the development of new grid trading strategies. We hope this indicator serves as a framework and a starting point for future innovations in the field of grid trading.
Your comments, suggestions, and discussions are invaluable in shaping the future of this project. We welcome your feedback and look forward to seeing how you utilize and enhance the Parabolic Grid Bot.
3Commas Multicoin Scalper PRO [SwissAlgo]Introduction
Are you tired of tracking dozens of cryptocurrency charts and placing orders manually on your Exchange?
The 3Commas Multicoin Scalper PRO is an automated trading system designed to simultaneously identify and execute potential trading setups on multiple cryptocurrencies on your preferred Exchange (Binance, Bybit, OKX, Gate.io, Bitget) via 3Commas integration.
It analyzes price action, volume, momentum, volatility, and trend patterns across 180+ USDT Perpetual coins divided into 17 crypto categories , providing real-time signals directly to your 3Commas bots for automated trade execution. This indicator aims to identify potential trend-following and contrarian setups in both bull and bear markets.
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What it Does
The 3Commas Multicoin Scalper PRO is a technical analysis tool that monitors multiple cryptocurrency pairs simultaneously and connects with 3Commas for signal delivery and execution.
Here's how the strategy works:
🔶 Technical Analysis : Analyzes price action, volume, momentum, volatility, and trend patterns across multiple USDT Perpetual Futures contracts simultaneously.
🔶 Pattern Detection : Identifies specific candle patterns and technical confluences that suggest potential trading setups across all USDT.P contracts of the selected categories
🔶 Signal Generation : When technical criteria are met at bar close, the indicator creates deal-start signals for the relevant pairs.
🔶 3Commas Integration : Packages these signals and delivers them to 3Commas through TradingView alerts, allowing 3Commas bots to receive specific pair information ('Deal-Start' signals).
🔶 Category Management : Each TradingView alert monitors an entire category (approximately 11 pairs), allowing selective activation of different crypto categories.
🔶 Visual Feedback : Provides color-coded candles and backgrounds to visualize technical conditions, with optional pivot points and trend visualization.
Candle types:
Signals:
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Quick Start Guide
1. Setup 3Commas Bots : Configure two DCA bots in 3Commas (All USDT pairs) - one for LONG positions and one for SHORT positions.
2. Define Trading Parameters : Set your budget for each trade and adjust your preferred sensitivity within the indicator settings.
3. Create Category Alerts : Set up one TradingView alert for each crypto category you want to trade.
That's it! Once configured, the system automatically sends signals to your 3Commas bots when predefined trading setups are detected across coins in your selected/activated categories. The indicator scans all coins at bar close (for example, every hour on the 1H timeframe) and triggers trade execution only for those showing technical confluences.
Important : The more categories you activate by setting TradingView alerts, the more signals your 3Commas bots will receive. Consider your total capital when enabling multiple categories. More details about the setup process are provided below (see paragraph "Detailed Setup & Configuration")
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Built-in Backtesting
The 3Commas Multicoin Scalper PRO includes backtesting visualization for each coin. When viewing any USDT Perpetual pair on your chart, you can visualize how the strategy would have performed historically on that specific asset.
Color-coded candles and signal markers show past trading setups, helping you evaluate which coins responded best to the strategy. This built-in backtesting capability can support your selection of assets/categories to trade before deploying real capital.
As backtesting results are hypothetical and do not guarantee future performance, your research and analysis are essential for selecting the crypto categories/coins to trade.
The default strategy settings are: Start Capital 1.000$, leverage 25X, Commissions 0.1% (average Taker Fee on Exchanges for average users), Order Amount 200$ for Longs/150$ for Shorts, Slippage 4
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Key Features
🔶 Multi-Exchange Support : Compatible with BINANCE, BYBIT, BITGET, GATEIO, and OKX USDT Perpetual markets (USDT.P)
🔶 Wide Asset Coverage : Simultaneously analyzes 180+ cryptocurrencies across 17 specialized crypto categories
🔶 Custom Category Option : Create your watchlist with up to 10 custom USDT Perpetual pairs
🔶 3Commas Integration : Seamlessly connects with 3Commas bots to automate trade entries and exits
🔶 Dual Strategy Approach : Identifies both "trend following" and "contrarian" potential setups
🔶 Confluence-Based Signals : Uses a combination of multiple technical factors - price spikes, price momentum, volume spikes, volume momentum, trend analysis, and volatility spikes - to generate potential trading setups
🔶 Risk Management : Adjustable sensitivity/risk levels, leverage settings, and budget allocation for each trade
🔶 Visual Indicators : Color-coded candles and trading signals provide visual feedback on market conditions
🔶 Trend Indication : Background colors showing ongoing uptrends/downtrends
🔶 Pivot Points & Daily Open : Optional display of pivot points and daily open price for additional context
🔶 Liquidity Analysis : Optional display of high/low liquidity timeframes throughout the trading week
🔶 Trade Control : Configurable limit for the maximum number of signals sent to 3Commas for execution (per bar close and category)
Available Exchanges
Categories
Custom Category
Trend following/contrarian signals
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Methodology
The 3Commas Multicoin Scalper PRO utilizes a multi-faceted approach to identify potential trading setups:
1. Price Action Analysis : Detects abnormal price movements by comparing the current candle's range to historical averages and standard deviations, helping identify potential "pump and dump" scenarios or new-trends start
2. Price Momentum : Evaluates the relative strength of bullish vs. bearish price movements over time, indicating the build-up of buying or selling pressure.
3. Volume Analysis: Identifies unusual volume spikes by comparing current volume to historical averages, signaling strong market interest in a particular direction.
4. Volume Momentum : Measures the ratio of bullish to bearish volume, revealing the dominance of buyers or sellers over time.
5. Trend Analysis : Combines EMA slopes, RSI, and Stochastic RSI to determine overall trend direction and strength.
6. Volatility : Monitors the ATR (Average True Range) to detect periods of increased market volatility, which may indicate potential breakouts or reversals
7. Candle Wick Analysis : Evaluates upper and lower wick percentages to detect potential rejection patterns and reversals.
8. Pivot Point Analysis : Uses pivot points (PP, R1-R3, S1-S3) for identifying key support/resistance areas and potential breakout/breakdown levels.
9. Daily Open Reference: Analyzes price action relative to the daily open for potential setups related to price movement vs. the opening price
10. Market Timing/Liquidity : Evaluates high/low liquidity periods, specific days/times of heightened risk, and potential market manipulation timeframes.
11. Boost Factors : Applies additional weight to certain confluence patterns to adjust global scores
These factors are combined into a "Global Score" ranging from -1 to +1 , applied at bar close to the newly formed candles.
Scores above predefined thresholds (configurable via the Sensitivity Settings) indicate strong bullish or bearish conditions and trigger signals based on predefined patterns. The indicator then applies additional filters to generate specific "Trend Following" and "Contrarian" trading signals. The identified signals are packaged and sent to 3Commas for execution.
Pivot Points
Daily open
Market Trend
Liquidity patterns by weekday
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Who This Strategy Is For?
The 3Commas Multicoin Scalper PRO may benefit:
Crypto Traders seeking to automate their trading across multiple coins simultaneously
3Commas Users looking to enhance their bot performance with advanced technical signals
Busy Traders who want to monitor many market opportunities without constant chart-watching
Multi-strategy traders interested in both trend-following and reversal trading approaches
Traders of Various Experience Levels from intermediate traders wanting to save time to advanced traders seeking to scale their operations
Perpetual Futures Traders on major exchanges (Binance, Bybit, OKX, Gate.io, Bitget)
Swing and Scalp Traders seeking to identify short to medium-term profit opportunities
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Visual Indicators
The indicator provides visual feedback through:
1. Candlestick Colors :
* Lime: Strong bullish candle (High positive score)
* Blue: Moderate bullish candle (Medium positive score)
* Red: Strong bearish candle (High negative score)
* Purple: Moderate bearish candle (Medium negative score)
* Pale Green/Red: Mild bullish/bearish candle
2. Signal Markers :
* ↗: Trend Following Long signal
* ↘: Trend Following Short signal
* ⤴: Contrarian Long signal
* ⤵: Contrarian Short signal
3. Optional Elements :
* Pivot Points: Daily support/resistance levels (R1-R3, S1-S3, PP)
* Daily Open: Reference price level for the current trading day
* Trend Background: Color-coded background suggesting potential ongoing uptrend/downtrend
* Liquidity Highlighting: Background colors indicating typical high/low market liquidity periods
4. TradingView Strategy Plots and Backtesting Data : Standard performance metrics showing entry/exit points, equity curves, and trade statistics, based on the signals generated by the script.
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Detailed Setup & Configuration
The indicator features a user-friendly input panel organized in sequential steps to guide you through the complete setup process. Tooltips for each step provide additional information to help you understand the actions required to get the strategy running.
Informative tables provide additional details and instructions for critical setup steps such as 3Commas bot configuration and TradingView alert creation (to activate trading on specific categories).
1. Choose Exchange, Crypto Category & Sensitivity
* Select your USDT Perpetual Exchange (BINANCE, BYBIT, BITGET, GATEIO, or OKX) - i.e. the same Exchange connected in your 3Commas account
* Browse and choose your preferred crypto category, or define your watchlist
* Choose from three sensitivity levels: Default, Aggressive, or Test Mode (test mode is designed to generate way more signals, a potentially helpful feature when you are testing the indicator and alerts)
2. Setup 3Commas Bots and integrate them with the algo
* Create both LONG and SHORT DCA Bots in 3Commas
* Configure bots to accept signals for 'All USDT Pairs' with "TradingView Custom Signal" as deal start condition
* Enter your Bot IDs and Email Token in the indicator settings
* Set a maximum budget for LONG and SHORT trades
* Choose whether to allow LONG trades, SHORT trades, or both, according to your preference and market analysis
* Set maximum trades per bar/category (i.e. the max. number of simultaneous signals that the algo may send to your 3Commas bots for execution at every bar close - every hour if you set the 1H timeframe)
* Access the detailed setup guide table for step-by-step 3Commas configuration instructions
3Commas integration
3. Choose Visuals
* Toggle various optional visual elements to add to the chart: category metrics, fired alerts, coin metrics, daily open, pivot points
* Select a color theme: Dark or Light
4. Activate Trading via Alerts
* Create TradingView alerts for each category you want to trade
* Set alert condition to "3Commas Multicoin Scalper" with "Any alert() function call"
* Set the content of the message filed to: {{Message}}, deleting the default content shown in this text field, to enable proper 3Commas integration (any other text than {{Message}}, would break the delivery trading signals from Tradingview to 3Commas)
* View the alerts setup instruction table for visual guidance on this critical step
Alerts
Fired Alerts
Important Configuration Notes
Ensure that the TradingView chart's exchange matches your selected exchange in the indicator settings and your 3Commas bot settings.
You must configure the same leverage in both the script and your 3Commas bots
Your 3Commas bots must be configured for All USDT pairs
You must enter the exact Bot IDs and Email Token from 3Commas (these remain confidential - no one, including us, has access to them)
If you activate multiple categories without sufficient capital, 3Commas will display " insufficient funds " errors - align your available capital with the number of categories you activate (each deal will use the budget amount specified in user inputs)
You are free to set your Take Profit % / trailing on 3Commas
We recommend not to use DCA orders (i.e. set the number of DCA orders at zero)
Legend of symbols
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FAQs
General Questions
❓ Q: What is Global Score? A: The Global Score serves as a foundation for signal generation. When a candle's score exceeds certain thresholds (defined by your Risk Level setting), it becomes a candidate for signal generation. However, not all high-scoring candles generate trading signals - the indicator applies additional pattern recognition and contextual filters. For example, a strongly positive score (lime candle) in an established uptrend may trigger a "Trend Following" signal, while a strongly negative score (red candle) in a downtrend might generate a "Trend Following Short" signal. Similarly, contrarian signals are generated when specific reversal patterns occur alongside appropriate Global Score values, often involving wick analysis and pivot point interactions. This multi-layer approach helps filter out false positives and identify higher-probability trading setups.
❓ Q: What's the difference between "Trend following" and "Contrarian" signals in the script? A: "Trend Following" signals follow the identified trends while "Contrarian" signals anticipate potential trend reversals.
❓ Q: Why can't I configure all the parameters? A: We've designed the solution to be plug-and-play to prevent users from getting lost in endless configurations. The preset values have been tested against their trade-offs in terms of financial performance, average trade duration, and risk levels.
❓ Q: Why don't I see any signals on my chart? A: Make sure you're viewing a USDT Perpetual pair from your selected exchange that belongs to the crypto category you've chosen to analyze. For example, if you've selected the "Top Major Coins" category with Binance as your exchange, you need to view a chart of one of those specific pairs (like BINANCE:BTCUSDT.P) to see signals. If you switch exchanges, for example from Binance to Bybit, you need to pull a Bybit pair on the chart to see backtesting data and signals.
❓ Q: Does this indicator guarantee profits? A: No. Trading cryptocurrencies involves significant risk, and past performance is not indicative of future results. This indicator is a tool to help you identify potential trading setups, but it does not and cannot guarantee profits.
❓ Q: Does this indicator repaint or use lookahead bias? A: No. All trading signals generated by this indicator are based only on completed price data and do not repaint. The system is designed to ensure that backtesting results reflect as closely as possible what you should experience in live trading.
While reference levels like pivot points are kept stable throughout the day using lookahead on, the actual buy and sell signals are calculated using only historical data (lookahead off) that would have been available at that moment in time. This ensures reliability and consistency between backtesting and real-time trading performance.
Technical Setup
❓ Q: What exchanges are supported? A: The strategy supports BINANCE, BYBIT, BITGET, GATEIO, and OKX USDT Perpetual markets (i.e. all the Exchanges you can connect to your 3Commas account for USDT Perpetual trading, excluding Coinbase Perpetual that offers UDSC pairs, instead of USDT).
❓ Q: What timeframe should I use? A: The indicator is optimized for the 1-hour (1H) timeframe but may run on any timeframe.
❓ Q: How many coins can I trade at once? A: You can trade all coins within each selected category (up to 11 coins per category in standard categories). You can activate multiple categories by setting up multiple alerts.
❓ Q: How many alerts do I need to set up? A: You need to set up one alert for each crypto category you want to trade. For example, if you want to trade both the "Top Major Coins" and the "DeFi" categories, you'll need to create two separate alerts, one for each category. We recommend starting with one category, testing the results carefully, monitoring performance daily, and perhaps activating additional categories in a second stage.
❓ Q: Are there any specific risk management features built into the indicator? A: Yes, the indicator includes risk management features: adjustable maximum trades per hour/category, the ability to enable/disable long or short signals depending on market conditions, customizable trade size for both long and short positions, and different sensitivity/risk level settings.
❓ Q: What happens if 3Commas can't execute a signal? A: If 3Commas cannot execute a signal (due to insufficient funds, bot offline, etc.), the trade will be skipped. The indicator will continue sending signals for other valid setups, but it doesn't retry failed signals.
❓ Q: Can I run this indicator on multiple charts at once? A: Yes, but it's not necessary. The indicator analyzes all coins in your selected categories regardless of which chart you apply it to. For optimal resource usage, apply it to a single chart of a USDT Perpetual pair from your selected exchange. To stop trading a category delete the alert created for that category.
❓ Q: How frequently does the indicator scan for new signals? A: The indicator scans all coins in your selected categories at the close of each bar (every hour if you selected the 1H timeframe).
3Commas Integration
❓ Q: Do I need a 3Commas account? A: Yes, a 3Commas account with active DCA bots (both LONG and SHORT) is required for automated trade execution. A paid subscription is needed, as multipair Bots and multiple simultaneous deals are involved.
❓ Q: How do I set the leverage? A: Set the leverage identically in both the indicator settings and your 3Commas DCA bots (the max supported leverage is 50x). Always be careful about leverage, as it amplifies both profits and losses.
❓ Q: Where do I find my 3Commas Bot IDs and Email Token? A: Open your 3Commas DCA bot and scroll to the "Messages" section. You'll find the Bot ID and Email Token within any message (e.g., "Start Deal").
Display Settings
❓ Q: What does the Sensitivity setting do? A: It adjusts the sensitivity of signal generation. "Default" provides a balanced approach with moderate signal frequency. "Aggressive" lowers the thresholds for signal generation, potentially increasing trade frequency but may include more noise. "Test Mode" is the most sensitive setting, useful for testing alert configurations but not recommended for live trading. Higher risk levels may generate more signals but with potentially lower average quality, while lower risk levels produce fewer but potentially better signals.
❓ Q: What does "Show fired alerts" do? A: The "Show fired alerts" option displays a label on your chart showing which signals have been fired and sent to 3Commas during the most recent candle closes. This visual indicator helps you confirm that your alerts are working properly and shows which coins from your selected category have triggered signals. It's useful when setting up and testing the system, allowing you to verify that signals are being sent to 3Commas as expected and their frequency over time.
❓ Q: What does "Show coin/token metrics" do? A: This toggle displays detailed technical metrics for the specific coin/token currently shown on your chart. When enabled, it shows statistics for the last closed candle for that coin.
❓ Q: What does "Show most liquid days/times" do? A: This toggle displays color-coded background highlighting to indicate periods of varying market liquidity throughout the trading week. Green backgrounds show generally higher liquidity periods (typically weekday trading hours), yellow highlights potentially manipulative periods (often Sunday/Monday overnight), and gray indicates low liquidity periods (when major markets are closed or during late hours).
⚠️ Disclaimer
This indicator is for informational and educational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, including the potential loss of all invested capital, and past performance is not indicative of future results.
Always conduct your own thorough research (DYOR) and understand the risks involved before making any trading decisions. Trading with leverage significantly amplifies both potential profits and losses - exercise extreme caution when using leverage and never risk more than you can afford to lose.
The Bot ID and Email Token information are transmitted directly from TradingView to 3Commas via secure connections. No third party or entity will ever have access to this data (including the Author). Do not share your 3Commas credentials with anyone.
This indicator is not affiliated with, endorsed by, or sponsored by TradingView or 3Commas.
Crypto Punk [Bot] (Zeiierman)█ Overview
The Crypto Punk (Zeiierman) is a trading strategy designed for the dynamic and volatile cryptocurrency market. It utilizes algorithms that incorporate price action analysis and principles inspired by Geometric Brownian Motion (GBM). The bot's core functionality revolves around analyzing differences in high and low prices over various timeframes, estimating drift (trend) and volatility, and applying this information to generate trading signals.
█ How to use the Crypto Punk Bot
Utilize the Crypto Punk Bot as a technical analysis tool to enhance your trading strategy. The signals generated by the bot can serve as a confirmation of your existing approach to entering and exiting the market. Additionally, the backtest report provided by the bot is a valuable resource for identifying the optimal settings for the specific market and timeframe you are trading in.
One method is to use the bot's signals to confirm entry points around key support and resistance levels.
█ Key Features
Let's explain how the core features work in the strategy.
⚪ Strategy Filter
The strategy filter plays a vital role in the entries and exits. By setting this filter, the bot can identify higher or lower price points at which to execute trades. Opting for higher values will make the bot target more long-term extreme points, resulting in fewer but potentially more significant signals. Conversely, lower values focus on short-term extreme points, offering more frequent signals focusing on immediate market movements.
How is it calculated?
This filter identifies significant price points within a specified dynamic range by applying linear regression to the absolute deviation of the range, smoothing out fluctuations, and determining the trend direction. The algorithm then normalizes the data and searches for extreme points.
⚪ External AI filter
The external AI filter allows traders to incorporate two external sources as signal filters. This feature is particularly useful for refining their signal accuracy with additional data inputs.
External sources can include any indicator applied to your TradingView chart that produces a plot as an output, such as a moving average, RSI, supertrend, MACD, etc. Traders can use these indicators of their choice to set filters for screening signals within the strategy.
This approach offers traders increased flexibility to select filters that align with their trading style. For instance, one trader might prefer to take trades when the price is above a moving average, while another might opt for trades when the MACD is below the MACD signal line. These external filters enable traders to choose options that best fit their trading strategies. See the example below. Note that the input sources for the External AI filter can be any indicator applied to the chart, and the input source per se does not make this strategy unique. The AI filter takes the selected input source and applies our function to it. So, if a trader selects RSI as an input filter, RSI is not unique, but how the source is computed within the AI functions is.
How is it calculated?
Once the external filters are selected and enabled within the settings panel, our AI function is applied to enhance the filter's ability to execute trades, even when the set conditions of the filter are not met. For instance, if a trader wants to take trades only when the price is above a moving average, the AI filter can actually execute trades even if the price is below the moving average.
The filter works by combining k-nearest Neighbors (KNN) with Geometric Brownian Motion (GBM) involves first using GBM to model the historical price trends of an asset, identifying patterns of drift and volatility. KNN is then applied to compare the current market conditions with historical instances, identifying the closest matches based on similar market behaviors. By examining the drift values of these nearest historical neighbors, KNN predicts the current trend's direction.
The AI adaptability value is a setting that determines how flexible the AI algorithm is when applying the external AI filter. Setting the adaptability to 10 indicates minimal adaptability, suggesting that the bot will strictly adhere to the set filter criteria. On the other hand, a higher adaptability value grants the algorithm more leeway to "think outside the box," allowing it to consider signals that may not strictly meet the filter criteria but are deemed viable trading opportunities by the AI.
█ Examples
In this example, the RSI is used to filter out signals when the RSI is below the smoothing line, indicating that prices are declining.
Note that the external filter is specifically designed to work with either 'LONG ONLY' or 'SHORT ONLY' modes; it does not apply when the bot is set to trade on 'BOTH' modes. For 'LONG ONLY' positions, the filter criteria are met when source 1 is greater than source 2 (source 1 >= source 2). Conversely, for 'SHORT ONLY' positions, the filter criteria require source 1 to be less than source 2 (source 1 <= source 2).
Examples of Filter Usage:
Long Signals: To receive long signals when the closing price is higher than a moving average, set Source 1 to the 'close' price and Source 2 to a moving average value. This setup ensures that signals are generated only when the closing price exceeds the moving average, indicating a potential upward trend.
█ Settings
⚪ Set Timeframe
Choosing the correct entry and exit timeframes is crucial for the bot's performance. The general guideline is to select a timeframe that is higher than the one currently displayed on the trading chart but still relatively close in duration. For instance, if trading on a 1-minute chart, setting the bot's Timeframe to 5 minutes is advisable.
⚪ Entry
Traders have the flexibility to configure the bot according to their trading strategy, allowing them to choose whether the bot should engage in long positions only, short positions only or both. This customization ensures that the bot aligns with the trader's market outlook and risk tolerance.
⚪ Pyramiding
Pyramiding functionality is available to enhance the bot's trading strategy. If the current position experiences a drawdown by a specified number of points, the bot is programmed to add new positions to the existing one, potentially capitalizing on lower prices to average down the entry cost. To utilize this feature, access the settings panel, navigate to 'Properties,' and look for 'Pyramiding' to specify the number of times the bot can re-enter the market (e.g., setting it to 2 allows for two additional entries).
⚪ Risk Management
The bot incorporates several risk management methods, including a regular stop loss, trailing stop, and risk-reward-based stop loss and exit strategies. These features assist traders in managing their risk.
Stop Loss
Trailing Stop
⚪ Trading on specific days
This feature allows trading on specific days by setting which days of the week the bot can execute trades on. It enables traders to tailor their strategies according to market behavior on particular days.
⚪ Alerts
Alerts can be set for entry, exit, and risk management. This feature allows traders to automate their trading strategy, ensuring timely actions are taken according to predefined criteria.
█ How is Crypto Punk calculated?
The Crypto Punk Bot is a trading bot that utilizes a combination of price action analysis and elements inspired by Geometric Brownian Motion (GBM) to generate buy and sell signals for cryptocurrencies. The bot focuses on analyzing the difference between high and low prices over various timeframes, alongside estimates of drift (trend) and volatility derived from GBM principles.
Timeframe Analysis for Price Action
The bot examines multiple timeframes (e.g., daily, weekly) to identify the range between the highest and lowest prices within each period. This range analysis helps in understanding market volatility and the potential for significant price movements. The algorithm calculates the trading range by applying maximum and minimum functions to the set of prices over your selected timeframe. It then subtracts these values to determine the range's width. This method offers a quantitative measure of the asset's price volatility for the specified period.
Estimating Drift (Trend)
The bot estimates the drift component, which reflects the underlying trend or expected return of the cryptocurrency. The algorithm does this by estimating the drift (trend) using Geometric Brownian Motion (GBM), which involves determining an asset's average rate of return over time, reflecting the asset's expected direction of movement.
Estimating Volatility
Volatility is estimated by calculating the standard deviation of the logarithmic returns of the cryptocurrency's price over the same timeframe used for the drift calculation. Geometric Brownian Motion (GBM) involves measuring the extent of variation or dispersion in the returns of an asset over time. In the context of GBM, volatility quantifies the degree to which the price of an asset is expected to fluctuate around its drift.
Combining Drift and Volatility for Signal Generation
The bot uses the calculated drift and volatility to understand the current market conditions. A higher drift coupled with manageable volatility may indicate a strong upward trend, suggesting a potential buy signal. Conversely, a low or negative drift with increasing volatility might suggest a weakening market, triggering a sell signal.
█ Strategy Properties
This script backtest is done on the 1 hour chart Bitcoin, using the following backtesting properties:
Balance (default): 10 000 (default base currency)
Order Size: 10% of the equity
Commission: 0.05 %
Slippage: 500 ticks
Stop Loss: Risk Reward set to 1
These parameters are set to provide an accurate representation of the backtesting environment. It's important to recognize that default settings may vary for several reasons outlined below:
Order Size: The standard is set at one contract to facilitate compatibility with a wide range of instruments, including futures.
Commission: This fee is subject to fluctuation based on the specific market and financial instrument, and as such, there isn't a standard rate that will consistently yield accurate outcomes.
We advise users to customize the Script Properties in the strategy settings to match their personal trading accounts and preferred platforms. This adjustment is crucial for obtaining practical insights from the deployed strategies.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
libKageBotLibrary "libKageBot"
Library of function to generate command strings for bots FrostyBot and Zignally. This version ONLY WORKS WITH FROSTYBOT.
strSize(_sizePercent, _sizeCurrency)
Converts a float to a formated string suitable to position size in percentage or currency. At leaste one parameter must be given
Parameters:
_sizePercent : (float) Position size in percent value. Optional. Default = na. Mandatory if _sizeCurrency is not given.
_sizeCurrency : (float) Position size in currency value. Optional. Default = na. Mandatory if _sizePercent is not given.
Returns: (string) A formated string containing the position size
entry(_bot, _direction, _sizePercent, _sizeCurrency)
Generates a simple entry command string for a bot
Parameters:
_bot : (TradeBot) Previously instancied bot type variable
_direction : (string) Flag to opena long or a short position. Must be either DIRECTION_LONG or DIRECTION_SHORT constant
_sizePercent : (float) Position size in percent value. Optional. Default = na. Mandatory if _sizeCurrency is not given.
_sizeCurrency : (float) Position size in currency value. Optional. Default = na. Mandatory if _sizePercent is not given.
Returns: (string) A string of a simple open position command
exit(_bot, _sizePercent, _sizeCurrency, _reduce)
Generates a simple exit command string for a bot
Parameters:
_bot : (TradeBot) Previously instancied bot type variable
_sizePercent : (float) Position size in percent value. Optional. Default = na. Mandatory if _sizeCurrency is not given.
_sizeCurrency : (float) Position size in currency value. Optional. Default = na. Mandatory if _sizePercent is not given.
_reduce : (bool) Flag to use Ruce Only option on Binance positions. Optional. Default = true
Returns: (string) A string of a simple close position command
cancelAll(_bot)
Generates a command string for a bot that cancels all open orders
Parameters:
_bot : (TradeBot) Previously instancied bot type variable
Returns: (string) A string of a command to cancel all open orders
leverage(_bot, _leverage, _type)
Generates a command string for a bot to set leverage
Parameters:
_bot : (TradeBot) Previously instancied bot type variable
_leverage : (int) The amount of leverage to be used when opening a position. Optional. If does not given, the bot's default will be used
_type : (string) Type of leverage. Must be either LEVERAGE_CROSS or LEVERAGE_ISOLATED. Optional. Default is LEVERAGE_CROSS.
Returns: (string) A string of a simple leverage command
entryLong(_bot, _leverage, _leverageType, _sizePercent, _sizeCurrency)
Generates a complete long entry command string for a bot
Parameters:
_bot : (TradeBot) Previously instancied bot type variable
_leverage : (int) The amount of leverage to be used when opening a position. Optional. If does not given, the bot's default will be used
_leverageType : (string) Type of leverage. Must be either LEVERAGE_CROSS or LEVERAGE_ISOLATED. Optional. Default is LEVERAGE_CROSS.
_sizePercent : (float) Position size in percent value. Optional. Default = na. Mandatory if _sizeCurrency is not given.
_sizeCurrency : (float) Position size in currency value. Optional. Default = na. Mandatory if _sizePercent is not given.
Returns: (string) A string of a complete open long position command
entryShort(_bot, _leverage, _leverageType, _sizePercent, _sizeCurrency)
Generates a complete short entry command string for a bot
Parameters:
_bot : (TradeBot) Previously instancied bot type variable
_leverage : (int) The amount of leverage to be used when opening a position. Optional. If does not given, the bot's default will be used
_leverageType
_sizePercent : (float) Position size in percent value. Optional. Default = na. Mandatory if _sizeCurrency is not given.
_sizeCurrency : (float) Position size in currency value. Optional. Default = na. Mandatory if _sizePercent is not given.
Returns: (string) A string of a complete open short position command
exitPosition(_bot, _sizePercent, _sizeCurrency, _reduce)
Generates a complete close position command string for a bot
Parameters:
_bot : (TradeBot) Previously instancied bot type variable
_sizePercent : (float) Position size in percent value. Optional. Default = na. Mandatory if _sizeCurrency is not given.
_sizeCurrency : (float) Position size in currency value. Optional. Default = na. Mandatory if _sizePercent is not given.
_reduce : (bool) Flag to use Ruce Only option on Binance positions. Optional. Default = true
Returns: (string) A string of a comlete close position command
printBot(_bot, _command)
Print bot's information for debug purposes
Parameters:
_bot : (TradeBot) Previously instancied bot type variable
_command : (string) A command string to be debugged
Returns: Nothing.
Constants
Constants to be used in both in internal and external code
Fields:
SERVER_FROSTBOT : (string) Identifier to FrostyBot
SERVER_ZIGNALY : (string) Identifier to Zignaly
DIRECTION_LONG : (string) Flag to open a long position
DIRECTION_SHORT
LEVERAGE_CROSS : (string) Flag to set leverage to cross
LEVERAGE_ISOLATED : (string) Flag to set leverage to isolated
TradeBot
Bot type to handle its essential information
Fields:
server : (string) Type o server. Must me one of the SERVER_* constant values
id : (string) Id of the account in the server (Stub for FrostyBot or Key to Zignally)
symbol : (string) Symbol of the pair to be negotiated (example: ETH/USDT)
leverage : (int) Leverage coeficient. Default is 1
Ultimate UT Bot ScreenerWhat Does the Ultimate UT Bot Screener Do?
Ultimate UT Bot Screener will help you navigate UT Bot signals and backtest results for up to 40 instruments simultaneously. It scans the market for provided UT Bot indicator parameters, calculates essential metrics, and displays the information in 1 fully customizable table.
How Does It Work?
Market Scanning : The screener scans multiple instruments for the selected timeframe, ensuring you never miss an opportunity.
Customizable Parameters : Adjust the UT Bot parameters to fit your unique trading style and risk tolerance.
Filtering and Sorting : Use advanced filtering and sorting options to narrow down the results based on your specific criteria.
Alerts and Notifications : Set up custom alerts to stay updated on important market movements and potential trades.
Visual Customization : Tailor the screener's visual appearance to suit your preferences, making data interpretation effortless.
Currently, Ultimate UT Bot Screener Supports 13 columns:
Price - the last price of the instrument
UT Signal - last UT bot signal. Value in the square brackets ( for ex.) means how many bars ago the last signal fired.
Move To Revert —We have to observe the price move for the current bar to see the UT Bot signal change.
Revert Prob - probability estimation for UT Bot to revert for the current bar.
Trade History - the last five trade outcomes are coded as green(profit)/red(loss) squares.
Total Trades - total trades number for UT Bot strategy for the entire available history.
Current P&L - P&L for the open trade
Trade Avg P&L - Average P&L for the last X trades
Trade Prof - percent profitable trades from the last X trades
Profit Factor - profit factor the last X trades
Net Profit - total net Profit for the last X trades
Max DD - maximum drawdown for the last X trades Avg Bars in Trades - average trade duration for the last X trades
How to Use the Ultimate UT Bot Screener
Using the Ultimate UT Bot Screener is straightforward:
Set Up Your Screener : Choose the instruments you want to monitor and configure the columns to display the data most relevant to you.
Customize Parameters : Fine-tune the UT Bot parameters to align with your trading strategy. Filter and Sort: Apply filters to isolate the most promising trading opportunities and sort the results based on your priorities.
Monitor and Act: Keep an eye on the screener and act on the high-probability signals it generates. Set up alerts to ensure you never miss a critical trade.
Why Is the Ultimate UT Bot Screener Original and Worth Paying For?
Highly Customizable : our tool allows you to configure almost every element, from the set of columns and instruments to the UT Bot parameters and visual appearance.
User-Friendly Interface : Designed with traders in mind, the screener offers an intuitive interface that makes complex data easy to understand and act upon.
Time-Saving : By automating the market scanning and analysis process, it saves you valuable time and effort, allowing you to focus on executing your trades.
Real-Time Alerts : Stay ahead of the market with customizable alerts that notify you of important events and potential trades.
Disclaimer : Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting. This post and the script don't provide any financial advice.
3Commas Bot DCA Backtester & Signals FREEThis is a DCA Strategy backtester + signals, built to emulate the 3Commas DCA bots. It uses your choice of 4 different buy signals, 2 of which can be adjusted in the settings. Everything is customizable so you can backtest specific settings with different buy signals and find the best performing strategy for your risk tolerance and capital. It can be used to backtest strategies on stocks as well, but just make sure your base order is larger than the share price for the entire backtesting range or it will not calculate properly.
You can use this template to code your own buy signals and then backtest them as a DCA strategy if you know some basic pine script.
The indicator shows all of your backtesting orders on the chart. The red line is your take profit level, the blue line is your average price level, the white line is your first order and the green lines are your average down orders. If you enable a stop loss in the settings your stop loss will be shown as an orange line once all of your average down orders have been hit, it will not be set until price has dipped below your covered trading range.
These levels update when things change during backtesting so you can visualize your strategy and how it would perform as well as see if your percentage deviation is large enough to cover dips. When backtesting trades are taken, the chart will show where they were taken(in backtesting) along with info on those trades such as the number each order is, the size of that order and the percentage deviation that order is from the initial buy.
SENDING SIGNALS TO 3COMMAS
Tradingview cannot sync this backtester to 3Commas and with the way alerts are setup for strategies on Tradingview, the best option for you to give signals to your bot would be to use this backtester to figure out what trigger you want to use and then setup that indicator separately to send alerts to your bot. All of the indicators used for signals in this backtester are available for free and can be configured to match this backtester and send alerts to 3Commas for you. Just make sure you set your alerts to once per bar close and don’t use less than a 15 second timeframe because then you could trigger the Tradingview threshold for alerts and get your alerts shut off.
You can also use this backtester with your own buy triggers if you know a little pine script. Just make copy of the script and code in your own buy signals and see how it backtests.
INFO PANEL FOR ANALYZING YOUR STRATEGY
The right hand side of the screen will show an info panel that shows a lot of different information so you can quickly see your bot settings and how it performed right on the screen.
In the top right corner you will see in purple your bot settings. These include your stoploss % if turned on, take profit %, average down order %, average down order % multiplier, volume multiplier, max number of orders allowed and size of your base order.
The top section of the first column “Current Trade” shows these stats: the open trade’s average price, the open trade’s take profit price, the open trade’s PNL, how far price is from your open tarde’s take profit level in percentage, your open position size and number of open orders.
The bottom section of the first column “Overall Performance” shows these stats: total number of trades taken during backtesting range, the largest amount of trades that were open at one time during backtesting, the max drawdown, the average number of bars per trade, gross profit, net profit, percent profit from your initial capital, current portfolio value and your initial capital.
CUSTOMIZABLE OPTIONS TO FIND THE PERFECT STRATEGY
Stoploss On/Off
This will turn your stoploss on or off. By default it is set to off and will not affect anything unless turned on.
Stoploss Percentage
This is the percentage below your final average down order price that will be set as a stoploss to keep your account from going too far in the red on big dips.
Take Profit Percentage - This is the percentage of profit you want the trade to hit before taking profit on your entire DCA trade. This level updates everytime you average down.
Average Down Percentage - This is the percentage that price has to drop from your initial order to initiate your first safety order. If the Average Down Percent Multiplier is set to 1 then this percentage will be the same for every average down order.
Average Down Percentage Multiplier - This multiplies your Average Down Percentage so each safety order needs a larger percentage deviation than the previous one. This keeps your buys closer together at the beginning and further apart when you hit more orders so you can extend your trading range but still be aggressive when price is going sideways.
Volume Multiplier Per New Order - This multiplies the size of each trade based on your base order. If you set it to a 2x multiplier then each average down order will be 2 times the size of the last one. So for example, a $100 base order with a 2x multiplier would have these values for the first 3 average down orders: 200, 400, 800.
Size Of Base Order - This is the size of your first position entry and will be used as a starting point for the volume multiplier. If your base order is $100 then it will buy $100 worth of whatever crypto you are backtesting this on. If you are looking at stock charts, you need to make sure your base order is higher than the share price across the entire backtesting range or it will not perform correctly.
Max Number Of Orders - This is the maximum number of orders the bot can take, including your base order. Adjust this to suit the amount of capital you are willing to allocate to your bot based on how much money it will require to run according to your bot settings.
TIPS ON HOW TO USE FOR BEST RESULTS
If you don’t have a lot of capital to work with, then use longer timeframes with a reasonable take profit percentage so that you don’t need a lot of average down orders. You can also try keeping the volume multiplier close to 1.
You can use the 3Commas dca bot settings page to see how much capital you will need for your strategy if you match it to the settings you have on this indicator. You can also check to see how much of a percentage deviation your bot is covering to make sure you have a reasonable range to trade in and orders to cover big dips. You can also check your coverage by seeing how far down the chart the green lines cover, which are your average down orders.
Make sure the initial capital in the properties tab of the settings has enough to cover all of your orders otherwise you will get unrealistic backtesting results. Also, make sure you leave the order size in the properties tab on contracts so it calculates your trades correctly. The only settings you need to touch in the properties tab is the initial capital. Unless you are trading somewhere that has lower commission fees, then you can change that to match, but leave all the other settings as is for it to function properly.
Increasing the volume multiplier will make your average price and take profit target follow the price action a lot closer as price falls, but it can also lead to having very large orders very quickly once you get into the 1.5-3x multiple range. Try using a high volume multiplier with less safety orders and you will get better results, however you need to have money on the sidelines to add on major dips to keep your bot turning a profit. Be very careful with this as greed and impatience will hurt your overall performance. This bot is meant to make money with lots of small wins so don’t get greedy and make sure you have enough money to cover large dips. If you are being aggressive with your bot, then I recommend only using 25% or less of your portfolio to trade aggressively and then use the smart trade feature on 3commas to add chunks of funds to your trades when price dips below your last safety order. Or if you want it to run without any supervision, then use lower volume multipliers and have lots of safety orders that can cover entire bear markets and still keep buying lower.
It’s a good idea to have some capital on the sidelines that you can add in when price dips quickly. This will help lower your average price and allow your bot to get out in profit quicker. 3Commas bot has a smart trade feature that will allow you to track your average price when adding extra funds and it will automatically update your other orders which is very convenient. Look at the longer timeframes when price dips and only add chunks at major areas where price is very likely to bounce. Or you can be aggressive when trading and add to your position when price dips and is at a likely bounce zone to maximize profits.
Only trade coins that have a good amount of liquidity as the larger your orders get, the harder it will be to sell if there isn’t much liquidity. Also, beware of how large your first order is as it will usually be a market order and can move the market if there is not much liquidity.
Since this bot takes a lot of trades and performs best when taking small profits consistently, you will need to factor in exchange fees. The bot is set to .5% commission(you can change this) on the buy and sell orders as most exchanges charge that amount. Some exchanges offer no fee trading on certain coins so be sure to look around for those so you can keep the commissions and maximize profits.
I strongly encourage you to try out a lot of different setting combinations across multiple different coins and do it across a few months to see how it would have performed under various market conditions. This will help you get a better idea of how much of a percentage deviation you’ll need to be able to cover to keep your bot running and making constant profits. You can also use the deep backtesting feature of the strategy panel to see how it would have done, but just beware that the info panel of the indicator will not reflect deep backtesting results, only the normal backtesting range.
MARKETS
This backtester can be used on any market including crypto, stocks, forex & futures. You just need to make sure your base order is larger than the share price when using this on things besides crypto.
TIMEFRAMES
This backtester can be used on all timeframes.
Scalper Bot [SMRT Algo]The SMRT Algo Bot is a trading strategy designed for use on TradingView, enabling traders to backtest and refine their strategies with precision. This bot is built to provide key performance metrics through TradingView’s strategy tester feature, offering insights such as net profit, maximum drawdown, profit factor, win rate, and more.
The SMRT Algo Bot is versatile, allowing traders to execute either pro-trend or contrarian strategies, each with customizable parameters to suit individual trading styles.
Traders can automate the bot to their brokerage platform via webhooks and use third-party software to facilitate this.
Core Features:
Backtesting Capabilities: The SMRT Algo Bot leverages TradingView’s powerful strategy tester, allowing traders to backtest their strategies over historical data. This feature is crucial for assessing the viability of a strategy before deploying it in live markets. By providing metrics such as net profit, maximum drawdown, profit factor, and win rate, traders can gain a comprehensive understanding of their strategy's performance, helping them to make informed decisions about potential adjustments or optimizations.
Advanced Take Profit and Stop Loss Methods: The SMRT Algo Bot offers multiple methods for setting Take Profit (TP) and Stop Loss (SL) levels, providing flexibility to match different market conditions and trading strategies.
Take Profit Methods:
- Normal (Percent-based): Traders can set their TP levels as a percentage. This method adjusts the TP dynamically based on market volatility, allowing for more responsive profit-taking in volatile markets.
- Donchian Channel: Alternatively, the bot can use the Donchian Channel to set TP levels, which is particularly useful in trend-following strategies. The Donchian Channel identifies the highest high and lowest low over a specified period, providing a clear target for profit-taking when prices reach extreme levels.
Stop Loss Methods:
- Percentage-Based Stop Loss: This method allows traders to set a fixed percentage of the entry price as the stop loss. It provides a straightforward, static risk management approach that is easy to implement.
- Normal (Percent-based): Traders can set their SL levels as a percentage. This method adjusts the SL dynamically based on market volatility, allowing for more responsive profit-taking in volatile markets.
- ATR Multiplier: Similar to the TP method, the SL can also be set using a multiple of the ATR.
Pro-Trend and Contrarian Strategies: The SMRT Algo Bot is designed to execute either pro-trend or contrarian trading strategies, though only one can be active at any given time.
Pro-Trend Strategy: This strategy aligns with the prevailing market trend, aiming to capitalize on the continuation of current price movements. It is particularly effective in trending markets, where momentum is expected to carry the price further in the direction of the trend.
Contrarian Strategy: In contrast, the contrarian strategy seeks to exploit potential reversals or corrections, trading against the prevailing trend. This approach is more suitable in overextended markets where a pullback is anticipated. Traders can switch between these strategies based on their market outlook and trading style.
Dashboard Display: A dashboard located in the bottom right corner of the TradingView interface provides real-time updates on the bot’s performance metrics. This includes key statistics such as net profit, drawdown, profit factor, and win rate, specific to the current instrument being tested. This immediate access to performance data allows traders to quickly assess the effectiveness of the strategy and make necessary adjustments on the fly.
Input Settings:
Reverse Signals: If turned on, buy trades will be shown as sell trades, etc.
Show Signal (Bar Color): Shows the signal bar as a green candle for buy or red candle for sell.
RSI: Used as a filter for one of the conditions for trade. Can be turned on/off by clicking on the checkbox.
Timeframe: Affects the timeframe of RSI filter.
Length: Length of RSI used in measurement.
First Cross: Whether or not to factor in the first RSI cross in the calculation.
Buy/Sell (Above/Below): Look for trades if RSI is above or below these values.
EMA: Used as a trend filter for one of the conditions for trade. Can be turned on/off by clicking on the checkbox.
Timeframe: Affects the timeframe of EMA filter.
Fast Length: Value for the fast EMA.
Middle Length: Value for the middle EMA
Slow Length: Value for the slow EMA.
ADX: Used as a volatility filter for one of the conditions for trade. Can be turned on/off by clicking on the checkbox.
Threshold: Threshold value for ADX.
ADX Smoothing: Smoothing value for the ADX
DI Length: DI length value for the ADX.
Donchian Channel Length: This value affects the length value of the DC. Used in TP calculation.
Close Trade On Opposite Signal: If true, the current trade will close if an opposite trade appears.
RSI: If turned on, it will also use the RSI to exit the trade (overextended zones).
Take Profit Option: Choose between normal (percentage-based) and Donchian Channel options.
Stop Loss Option: Choose between normal (percentage-based) and Donchian Channel options.
The SMRT Algo Bot’s components are designed to work together seamlessly, creating a comprehensive trading solution. Whether using the ATR multiplier for dynamic adjustments or the Donchian Channel for trend-based targets, these methods ensure that trades are managed effectively from entry to exit. The ability to switch between pro-trend and contrarian strategies offers adaptability, enabling traders to optimize their approach based on market behavior. The real-time dashboard ties everything together, providing continuous feedback that informs strategic adjustments.
Unlike basic or open-source bots, which often lack the flexibility to adapt to different market conditions, the SMRT Algo Bot provides a robust and dynamic trading solution. The inclusion of multiple TP and SL methods, particularly the ATR and Donchian Channel, adds significant value by offering traders tools that can be finely tuned to both volatile and trending markets.
The SMRT Algo Suite, which the SMRT Algo Bot is a part of, offers a comprehensive set of tools and features that extend beyond the capabilities of standard or open-source indicators, providing significant additional value to users.
What you also get with the SMRT Algo Suite:
Advanced Customization: Users can customize various aspects of the indicator, such as toggling the confirmation signals on or off and adjusting the parameters of the MA Filter. This customization enhances the adaptability of the tool to different trading styles and market conditions.
Enhanced Market Understanding: The combination of pullback logic, dynamic S/R zones, and MA filtering offers traders a nuanced understanding of market dynamics, helping them make more informed trading decisions.
Unique Features: The specific combination of pullback logic, dynamic S/R, and multi-level TP/SL management is unique to SMRT Algo, offering features that are not readily available in standard or open-source indicators.
Educational and Support Resources: As with other tools in the SMRT Algo suite, this indicator comes with comprehensive educational resources and access to a supportive trading community, as well as 24/7 Discord support.
The educational resources and community support included with SMRT Algo ensure that users can maximize the indicators’ potential, offering guidance on best practices and advanced usage.
SMRT Algo believe that there is no magic indicator that is able to print money. Indicator toolkits provide value via their convenience, adaptability and uniqueness. Combining these items can help a trader make more educated; less messy, more planned trades and in turn hopefully help them succeed.
RISK DISCLAIMER
Trading involves significant risk, and most day traders lose money. All content, tools, scripts, articles, and educational materials provided by SMRT Algo are intended solely for informational and educational purposes. Past performance is not indicative of future results. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
