Settings up bot according to Cartelsignals on 3commas.

Today we’ll discuss:

  1. Registration at 3commas and connecting the exchange.
  2. Connecting Cartelsignals signals and the website http://statcoinmarket.com/
  3. Setting up bot on 3commas
  1. Registration at 3commas and connecting the exchange.

Visit the service using this the link 3commas.io, this is my referral link, it will give you a 10% discount on the service, and I will get a % from your payment, this a good way to thank me for the guide on setting up the bot which will surely be useful.

So, sign up and choose one of the subscriptions. If you plan to use Cartelsignals, you will need composite bots: they are available in the “Professional” subscription, choose it and pay.

It’s important to say that the Professional tariff expands the capabilities of the service, you can check out all the advantages of this tariff over others, but I will continue to set up the сomposite bot. This is a bot that can trade for several coins at once, and it is available only in this subscription.

How to connect the exchange via API, you can check out right here.

Find out how to create an API key for Binance here.

2. Connecting Cartelsignals signals and the website http://statcoinmarket.com/2

Connection occurs while buying signals in two ways:

  • via 3commas service, right in the Marketplace section

We buy and the subscription becomes active. You need to write admins of the official chat in order to get access to the telegram channel where the signals come. Access to these telegram channels does not affect the bot’s operation.

After registration, go and pay using your account

3. Setting up bot on 3commas

I will show the bot settings on the screenshots so that you can compare how it should be with your results.

We will use the settings that are recommended by the creator of @AmourSaer signals at the time of writing this guide (March 2019). The settings can change and you can always find out settings in the official telegram group @CartelTechnologiesENG, as well as you can discuss the results of the signals, and get answer to any question.

I will mention the settings that need to be changed while creating a bot, if the option does not need to be changed, we will not touch it in order not to overload the instruction with information. If you need to know more about parameters, you can read it right here

Before setting up the bot, let’s set up a “black list” of coins that are not recommended for trading with Cartelsignals, you can make it this way:

* putting a coin in the list will NOT trade ANY of any bots that you set up on any signals.

Today (March 2019), the “Black List” of coins looks like this:

  • BTC-BCN
  • BTC-DENT
  • BTC-NPXS
  • BTC-TUSD
  • BTC-BTS
  • BTC-LTC
  • BTC-ETH
  • BTC-DASH
  • BTC-HOT
  • BTC-PAX
  • BTC-EDO
  • BTC-GRS
  • BTC-GXS
  • BTC-BNT
  • BTC-RDN
  • All coins up to 150 satoshi

You can always find the current list in the official chat.

Create a composite bot:

Once created, we start to customize it

After you select all pairs it will look like this:

Get down below

Now you have to choose one of 2 strategies:

  1. Trading on signals from Stop Loss with a -5% of the purchase price.
  2. Trading on signals with averaging -5%, and -10% of the purchase price.

You should decide which of these strategies to choose.

Features of the settings using the Stop Loss strategy:

Features settings using the averaging strategy:

Set a limit on trade in “cheap” coins.

Choose a signal to trade Cartelsignals

After setting all parameters, we check the values ​​in the Assistant, if your “Percentage of funds used by the bot” is more than 100%, then you need to reduce the Initial or Security Order or the number of traded pairs. After all the steps above, choose “Create bot”.

Clicking on the button above,  a page will be opened where you need to click “Start”, and the bot will start working, wait for the signal and open trades. All operations can be seen if you open the bot and the edit window:

That’s all, the bot is set up, waiting for signals and starting to make deals according to the settings and strategies that we’ve set up.

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