3Commas Multicoin Scalper LITE [SwissAlgo]

Introduction

Are you tired of tracking cryptocurrency charts and placing orders manually on your Exchange?

The 3Commas Multicoin Scalper LITE is an automated trading system designed to identify and execute potential trading setups on multiple cryptocurrencies (simultaneously) on your preferred Exchange (Binance, Bybit, OKX, Gate.io, Bitget) via 3Commas integration.

It analyzes price action, volume, momentum, volatility, and trend patterns across two categories of USDT Perpetual coins: the 'Top Major Coins' category (11 established cryptocurrencies) and your Custom Category (up to 10 coins of your choice).
The indicator sends real-time trading signals directly to your 3Commas bots for automated execution, identifying both trend-following and contrarian trading opportunities in all market conditions.

Trade automatically all coins of one or more selected categories:



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What it Does

The 3Commas Multicoin Scalper LITE 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 USDT Perpetual Futures contracts simultaneously.

🔶 Pattern Detection: Identifies specific candle patterns and technical confluences that suggest potential trading setups across USDT.P contracts of the selected category.

🔶 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, 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: Consider your total capital when enabling 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 LITE 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$, leverage 10X, Commissions 0.1% (average Taker Fee on Exchanges for average users), Order Amount 200$ for Longs/Shorts, Slippage 4

Example of backtesting view



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Key Features

🔶 Multi-Exchange Support: Compatible with BINANCE, BYBIT, BITGET, GATEIO, and OKX USDT Perpetual markets (USDT.P)

🔶 Category Options: Analyze cryptocurrencies in the Top Major Coins category or create your custom watchlist

🔶 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)


5 Available Exchanges


Pick coins/tokens and defined your Custom Category



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Methodology


The 3Commas Multicoin Scalper LITE 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


Trend Background



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Who This Strategy Is For

The 3Commas Multicoin Scalper LITE may benefit:

• Crypto Traders seeking to automate their trading across multiple coins simultaneously
  
• 3Commas Users looking to enhance their bot performance with technical signals
  
• Busy Traders who want to monitor 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 optimize 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
* 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 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 field 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 (example at a single bar)

Fired Alerts (frequency)


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 and plots on the chart



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FAQs


General Questions

❓ Q: What features are included in this indicator? A: This indicator provides access to the "Top Major Coins" category and a custom category option where you can define up to 10 pairs of your choice. It includes multi-exchange support, 3Commas integration, a dual strategy approach, visual indicators, trade controls, and comprehensive backtesting capabilities. The indicator is optimized to manage up to 2 trades per hour/category with leverage up to 10x and trade sizes up to 500 USDT - everything needed for traders looking to automate their crypto trading across multiple pairs simultaneously.

❓ 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 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 USDC 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 the selected category. You can activate categories by setting up 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. 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, simply 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).


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⚠️ 
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.