

This bot is particularly useful for stablecoins, which typically trade in a sideways range since they are meant to keep a roughly constant value relative to another currency. If you set up the bot manually, you can decide the price levels of the maximum and minimum slices and the price range covered by each slice. One of the nice things about the GRID bot is that you can have the slices determined automatically for you using the AI setting, or you can set up the slices manually. When the currency price crosses into a new slice, the bot will automatically buy or sell based on the signal assigned to that slice. Each slice, which covers a range of prices, is assigned a buy or sell signal. The GRID bot is 3Commas’ newest bot, and it works by dividing a technical price chart into slices. There are a number of options for customizing the bot parameters, including setting, take profit, and stop loss levels and specifying the minimum daily volume a currency pair must meet before the bot activates. With the Advanced bot, you can decide whether to make it a simple (one currency pair only) or composite (multiple currency pairs) bot and choose what currency pairs it should monitor. You can choose from a variety of trading strategies, including QFL and scalping, or connect a TradingView account to import your own custom trading signals. The Advanced bot is a more customizable dollar-cost averaging bot. Note that the Gordon bot by default runs on all currency pairs available on your connected exchange.

A conservative strategy waits longer for additional price drops, while a more aggressive strategy will enter trades at the first sign of a price bottom. The Gordon bot uses the popular QFL trading strategy, which looks for potential dead cat bounces. All you need to decide is how much money to commit to the bot, which exchange to run on, and whether you want the Gordon bot to run a conservative, moderate, or aggressive strategy. The Gordon bot is a largely premade bot that you can program to run in just a few seconds. Of the three bots, two are designed around dollar-cost averaging. The main attraction of 3Commas is the platform’s trading bots. These options are relatively robust, as you can, for example, set multiple take profit levels and specify how much volume should be sold at each trigger price. You can also create a trailing buy or sell, which repeatedly purchases or sells a currency pair once the price condition is triggered.Īnother advantage to Smart Trade is that it enables you to add take profit and stop loss levels to every trade, which many cryptocurrency exchanges do not allow. First, you can set market or limit orders, or set a price conditional that must be met before a market or limit order is subsequently triggered. With Smart Trade, you can buy or sell pairs of digital currencies using a few essential risk management tools. The Smart Trade interface resembles the trading interface you might expect from an online forex brokerage, except that it’s geared for cryptocurrency trading.
ICOPY BOT REVIEWS FREE
TRY 3COMMAS FREE FOR 3 DAYS > 3Commas Features Smart Trade There is no credit card required for the trial.
ICOPY BOT REVIEWS PRO
You can try out 3Commas before committing to the platform with a three-day trial of the Pro plan. In addition, Pro users can connect to the Bitmex, Binance Futures, ByBit, and FTX exchanges for automated cryptocurrency futures trading. The Pro plan costs $49.50 per month and includes composite bots, which enable you to open trades on multiple cryptocurrency pairs rather than only on a single pair. If you have a separate TradingView account and create custom trading signals through that platform, you can also import them to 3Commas with an Advanced plan. The Advanced plan costs $29.50 per month and adds simple bots, which are able to open trades on only one coin at a time.
ICOPY BOT REVIEWS MANUAL
The Starter plan costs $14.50 per month (paid annually) and includes the Smart Trade manual trading terminal, but no automated trading bots.

In addition, 3Commas works with most major cryptocurrency exchanges and offers a spot trading interface that adds risk management tools to manual trades.ģCommas offers three plans – Starter, Advanced, and Pro. The platform has more than 33,000 users and sees more than $10 million in trading volume each day.ģCommas is relatively intuitive to use, making it a good option for crypto traders trying out trading bots for the first time. 3Commas is a cryptocurrency trading platform designed to help you build automated trading bots.
