UnknownUnicorn28067390

Instrument-Z (3Commas Bot)

Instrument-Z is what I am currently using as my 3Commas Bot.

It allows you to customize signals from 3 indicators; Crossing MA's, Stochastic RSI , and WaveTrend.
Better yet, it allows you to setup these signals separately depending on whether the Trend MA is going up or down.
So there are 2 sets of inputs for everything, Uptrend inputs and Downtrend inputs.
I have realized that we can't expect a strategy to work the same way in an uptrend vs downtrend, so the inputs should be separated too.
In my testing, separating increased the net profit by 60% on average.

You can select whether you are trading Long or Short.
You can choose your stop loss and take profit levels as well as trade expiration.
You can choose if you only want to trade with the trend (making the opposing signals irrelevant).
The trend is based on the Trend MA.

This script is specifically for cryptocurrencies.
I've noticed that MA crosses on other asset classes are unreliable because the fluctuations are not strong enough to push the MA's across each other in a meaningful way.

If you want to use this as a 3Commas Bot, then you will have to copy the code of the strategy and paste it into your own personal script.
Then you have to change the alert messages at the bottom of the script.

Make sure to change your alert message from this;
{"message_type": "bot", "bot_id": 0000000, "email_token": "0b000a0a-0aa0-00aa-0aa0-000a00000a0a", "delay_seconds": 0}
To this;
{\n\"message_type\": \"bot\",\n\"bot_id\": 0000000,\n\"email_token\": \"0a000a0a-0aa0-00aa-0aa0-000a00000a0a\",\n\"delay_seconds\": 0\n}
With \n after each new line and \ before each quotation.

In the Alert setup, select "alert() function calls only".

This indicator is like a middle ground of complexity between the Juicy Trend indicator and the Instrument-A indicator.
And because it does not feature my neural network project, I have made it open script.

Enjoy!
Release Notes: Removed my Bot ID. lol
Release Notes: Removed Short messages as to not confuse anyone.
Release Notes: I have decided to update this script with 3X the backtesting data for Fantom (FTM/USDT) 45min.
I am currently using these standard settings on FTM/USDT 45min with my 3commas bot.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?