The Most Powerful Trading Bot for Binance and Other Platforms | 3Commas

[01:02] You'll find the registration link in the description. If you register through this link, description. If you register through this link, you'll get a 50% discount on paid plans. Of course, we also have free plans, which we'll talk about now, but for paid plans, you'll get a 50% discount.

[01:18] for paid plans, you'll get a 50% discount. Now let's see how to register within the bot. First, we'll go to [the bot website/platform name]. Here, you'll need to enter your email and password, and then re-enter your password. Alternatively, you can register using Apple or Facebook. Now, I'll

[01:33] create a login to explain how to link our trading platform (where we've deposited funds) and the bot together. After registering an account, you'll see this page. Click on "Connect Exchange." Of course, if you're a

[01:48] complete beginner in trading, you must have an account on a trading platform like an account on a trading platform like OKEx or PayBit. Binance is the largest trading platform, so if you're new, you'll find many tutorials on it. You can go and

[02:03] understand the platform and learn how to register an account. After creating an account and having a balance on the platform, I'll come here and choose from this pod because the bot will trade on my behalf. So, I choose the platform I use. For example, I'll choose a platform. Here, it

[02:19] use. For example, I'll choose a platform. Here, it will tell you that to connect the bot to the platform, you'll need to open your platform or log in through a browser (which is on a computer). After you've logged in to your account, you'll return to this page and click

[02:33] on "Connect Binance." Here, it will ask you to choose the trading system you want the bot to access. Of course, we'll say, for example, that you can choose all of them or choose the type

[02:45] you trade most often. Then, you'll click on the button. Once you click on it... The bot will automatically redirect you to the account you logged into so you can click "Approve" and link the two. so you can click "Approve" and link the two. Now let's look at the bot and

[03:00] understand how to use it. First, we need to look at the plans available here. Regarding the plan prices, we have a free plan that will work for you for 3 days to test

[03:12] whether the bot can generate profits for you. After that, we have other paid plans. Of course, these plans we have other paid plans. Of course, these plans will get you a 50% discount as soon as you register through the link in the description. Each of these plans has its own features, and you can compare these features using the comparison

[03:27] balance, which you'll find here. Here, you'll find each plan explained, showing you what it includes and what it doesn't. each plan explained, showing you what it includes and what it doesn't. use, called Smart Trade. I'll now create a secondary subscription to the Pro plan to

[03:42] unlock all the permissions so I can... Let me explain all the details inside this bot. After subscribing here, my plan is the Proplan, and it's valid for me my plan is the Proplan, and it's valid for me until April 25, 2024, for a year.

[03:57] As soon as you open the bot, subscribe, and link your account to 3Comas, you'll find it here, showing you all the details, including profits and losses in a graph. It will also show you all the tokens you own and explain them in detail.

[04:12] Now, let's understand the first thing, which is Smart Trade. It's an excellent feature for people who prefer to trade independently. The bot will help you a lot and save you a lot of time. For

[04:25] example, you'll enter some numbers, and it will work based on those numbers. It also work based on those numbers. It also uses something called... which we'll talk about now. Let's see together. For example, if we're going to use...

[04:39] we'll choose the type of trading we want. We want our trading to be on... Spot, futures, or margin trading? Here we choose the market we're trading in, for example, the USDT market. Then we choose the currency pair. As we can see, the

[04:55] on the dashboard, you specify the amount of Bitcoin you want to buy. For example, I want to buy 0.5 Bitcoin. Here, you tell it whether you want the buy to be a limit, market, trigger, or based on a specific price at which

[05:13] the trade will open or the buy will be triggered. We'll set it to a limit. want to buy at a price lower than the current market price. The current market price is, for example,

[05:26] 29,230. We'll tell it that we'll buy at 29,000. Here, you've specified that it will open the trade at 29,000. Below, it shows you the total amount you'll pay, which is approximately 1630. Now, let's talk about something

[05:41] called "triggering," which is very important and needs to be explained. To understand it more clearly, we'll click on it, and it will bring up a chart. Here, we'll understand from this example that you're trading a cryptocurrency like Ethereum, and its price is

[05:56] $430. You want to buy $500 worth of Ethereum. In this triggering process, you specify a percentage, say 3%. Once you specify this percentage, it

[06:08] means that it buys for you as the price of Ethereum drops by that percentage. So, every time the price drops by 3%, it buys a portion of Ethereum for you. It starts dividing the value you want to get from the value you want to get from Ethereum with each drop in the price, as

[06:24] shown in the chart. As the price falls, it buys the order you want, and then the price drops further. We'll see here that it will buy for you from this level as well. And as soon as the price starts to fall... You'll find it constantly buying Ethereum for you until it buys

[06:40] constantly buying Ethereum for you until it buys what you want at the lowest possible price. So instead of buying it for $430, it might buy it for $380. As we can see, it keeps dividing your amount, giving you a discount with every price drop. It will tell

[06:55] you, "There you go, what you wanted to buy now, you can get now, you can get $1 instead of $430." Of course, after you acquire this amount of Ethereum, the price will start to rise, and you'll

[07:09] price will start to rise, and you'll profit from the price increase. This is for spot profit from the price increase. This is for spot trading on SmartTrade. Now, we also have another option: you tell it, for example, " If Bitcoin rises by 6%, stop

[07:24] my position and give me my profits." Or, " If Bitcoin rises by 6%, stop the trade If Bitcoin rises by 6%, stop the trade or sell my position and give me my money back with the profit." Okay, so let's say you bought at a price of 29,000. If the price reaches 30,000 740 You sell and

[07:43] 29,000. If the price reaches 30,000 740 You sell and give me my profit here. The same applies, but in reverse. If the price drops by, say, 2%, and the price falls to 28,420, you sell and

[07:55] return the rest of my capital. Let's see

[09:01] time on USTM. It will come here and show you the available currency pairs that you work on. For example, let's say Bitcoin. Here, you specify for the bot whether to

[09:13] Here, you specify for the bot whether to open short positions or long positions. Now, we come to the open short positions or long positions. Now, we come to the For example, we'll tell it $500. Then we have the start order. Now, we have the order. Do you

[09:29] want the bot to open limit or market orders? You specify. For example, we tell it to open orders. As soon as we click on limit or market, it won't show you the price you want to open at because you're not the one trading; it's the one determining the price. The price and entry zone are crucial

[09:46] because the bot will be sitting back and have the information. This determines whether you want the bot to work with crossover or isolated trades. With crossovers, each trade is separate, and your profits are reinvested manually. For example, if

[10:04] you're currently open in a position with a 20% profit and haven't yet closed it, you 20% profit and haven't yet closed it, you can use that profit to open another trade. This is how crossovers work. Isolated can use that profit to open another trade. This is how crossovers work. Isolated

[10:21] profit you make is automatically reinvested in the current trade or position. Isolated trades have a higher profit potential, but the risk is also

[10:33] slightly higher than with crossovers. Let's say we tell it to open crossover trades. Here, we have crossover trades. Here, we have the value of the leverage. We could tell it to the value of the leverage. We could tell it to make it 25 x 25. This means that

[10:48] instead of $500, your trade size becomes larger. It will be multiplied 25 times by itself, so the resulting amount will be the value of your open trade. Okay, so here, the

[11:01] Okay, so here, the risk. So, for example, always keep it between 10 and 20, with a maximum of

[11:13] example, always keep it between 10 and 20, with a maximum of 25. Okay, now we have this feature, which is only available in the Pro version. It's about taking the profits after your trade closes.

[11:25] You tell the bot to invest 50% of these profits to open other trades. So, this is a percentage. percentage. You specify the percentage you want it to

[11:39] invest for you, for example, 50%, 40%, and so on. But don't exceed 50% to feel profitable. Now let's so on. But don't exceed 50% to feel profitable. Now let's look at the trading method you'll set for the bot to use. Here, you can say "

[11:54] Open trades as soon as possible." This means... All it does is open a trade; it will open one for you This means... All it does is open a trade; it will open one for you immediately. That's one thing. We have other things, and this is the main advantage of the DCI bot: you tell it, for example, the

[12:09] you tell it, for example, the RSI giving a bullish signal, it will open a position for you at that time. So, here you make the

[12:22] bot focus on the indicators and start working like a human trader, looking at the indicator. If it gives a signal, it opens a trade; if the indicator gives a bearish signal, it opens a reverse trade, and so on. We have

[12:35] some indicators here, as you can see, such as Bollinger Bands, and we have TradingView indicators in general, and we have CustomViews. These are all excellent tools. For example, we can make it follow the RSI, and it will tell you to set the

[12:52] RSI you want it to work on, whether it's operating within a specific period or timeframe. A specific condition, like this. Okay, so to avoid confusion, let's leave it as is. You're having it use some signals that come from indicators in general, and it starts

[13:09] using them. Now, for example, here's the For example, you're currently investing $500 and want to make a profit on it. Your profit target,

[13:24] how much do you want to earn? It increased by 10%. Close the position and give me my money. Okay, so my profile is 10%. Now, here it tells you if you want us to calculate the here it tells you if you want us to calculate the percentage on your total volume or on

[13:40] your order. For example, let's make it on the order. Here we also have the trailing, which we just explained, and it reinforces you and buys for you from lower levels. Here, regarding the stop-loss, here it tells you if you want us to do this if you're losing on your trade. For

[13:56] example, now you're open You entered a position in $ and the price started to fall, causing you to lose. Should we stop your position if you lose 10% of your capital? Or, for example, can you specify a

[14:09] different percentage? For instance, I could tell it, "If I lose 15% of my capital, stop my position and give me the remaining funds so I don't

[14:39] This is illustrated in the image. Let's assume you opened your position from this area and also opened a buy position. The price starts to rise, as we can see with the candles. as we can see with the candles. Here, you make profits as soon as there's a

[14:53] trend reversal and the price starts to fall. It's better to close your position in this area rather than close it later with a loss. So, you'll close it here and take a profit, which is better than going out with a loss.

[15:05] Okay, so here it tells you that we'll do this close, we'll close it in this area since we're currently experiencing a trend reversal and the price will inevitably drop and we'll pass the area where you opened. Therefore, we'll close it here for you so you can come out with a profit rather than a

[15:20] loss. That's regarding safety orders. Now let's look at safety orders. These are some of the safety factors you use to avoid losses if you

[15:32] you use to avoid losses if you want to catch up and avoid losing. This want to catch up and avoid losing. This relates to reinforcement. For example, you've opened a position and it's about to close. Here, you're telling the bot that if it finds you're close to closing, it will close. For example, you might

[15:46] the bot that if it finds you're close to closing, it will close. For example, you might close down or open other trades to reinforce your position and avoid a loss. The coding price is about me, and here it tells you what action to take to boost your position and prevent tells you what action to take to boost your position and prevent losses. For example, when your price drops by what percentage

[16:00] can tell it the percentage you want. Then it asks you how many times you want to perform this operation. Here it tells you how many times you want to do this; you specify the number of times. Regarding doubling the amount,

[16:17] you specify the amount or the size of the second doubling. Regarding the mixed active safety order, it asks you to specify the number of open combinations you want to place simultaneously. open combinations you want to place simultaneously. Of course, you'll be opening and boosting multiple positions

[16:31] in the same location, so it asks you to specify how many positions you want to be placed, up to a maximum of one. Here you specify, for example, one, two, or three. Finally, we have the advanced settings, which are for adding more options. Within your order,

[16:45] you then click "Start," and the bot will begin executing everything you've configured in the options. It will then take the correct actions. So, we've covered that.

[16:58] correct actions. So, we've covered that. rest of the bots, including an excellent one called SmartBot. SmartBot. We'll talk about it and

[17:16] Marketplace, which has many features that we 'll discuss, in addition to the DCI bot. So, stay tuned for the second part of this episode, where we'll cover all of this. Also, register and check out these other bots. If you encounter anything, leave a

[17:29] comment on this video so I can address it in the next episode and answer next episode and answer your questions. I'll leave all the relevant links in the your questions. I'll leave all the relevant links in the description. And don't forget to get a 50% discount

[17:42] by registering through the link in the description. See you later, and peace be upon you. God's blessings and peace be upon you [music]