Martyn DCA bot

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Updated on May 23, 2021

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  1. This bot looks great 😉

    When a bot has settings that require a high max amount of money to trade with, is a reduction of the following settings effective in allowing for a smaller amount of money to be traded with, or would such a reduction make a Bot less effective?

    – base order/ safety order size
    – the max safety trades / active safety trades
    – maximum active deals

    Thank you

    1. BO/SO is the only approach I would use to reduce the funding of Martyn as it’s already a simple bot (not multiple deals).
      It all depends on how much funds you want to use to buy the dip. The “percentages” of the profits wouldn’t be affected.

      1. Thank you – when I reduce the safety trades to 3 each (which reduces the max trading amount to suit my personal expenditure) could this negatively affect the success of the Bot?

  2. Hey!

    Why is this bot not set up on Binance and can you make a Binance version available? If you don’t do this can you explain to me how I change it to run on Binance and in a way which won’t disrupt how the bot runs?

    1. As mentioned in the article you can change the exchange without impacting the performance of the bot. This is excluding the fees, for example coinbase pro charges way higher fees.

  3. Thank you for the update. May I ask why the order sizes are 10 / 10.4? There seems to be a closer difference between these than in the other bots.

    Thank you, in advance!

  4. I was probably trying to catch a specific lower level.

    With martyn the important part is the max deviation. At times of high expected volatility you want the max deviation to target the potential bottom and the volume to be weighted mostly to the lower SOs by increasing the volume scale.

    You can always check the “table” found in the edit bot pages, to see how much volume each order is buying and at what levels.

        1. this is a 3commas issue as I mentioned in announcements earlier last week. They are working on fixing it. It’d help if you guys contact 3commas support and show them the link that is not working so the prioritise fixing it.
          Some people as a workaround are doing this:
          1) open chrome on a desktop computer
          2) logout from 3 commas
          3) open the 3commas copy bot link that is not working
          4) wait until it successfully loads, and do not click copy yet!
          5) open a separated new tab
          6) log into 3commas
          7) go back to the tab where you left the copy bot page loaded
          8) now you can try clicking copy

          It’s annoying but its working fore some people.

    1. this is a 3commas issue as I mentioned in announcements earlier last week. They are working on fixing it. It’d help if you guys contact 3commas support and show them the link that is not working so the prioritise fixing it.
      Some people as a workaround are doing this:
      1) open chrome on a desktop computer
      2) logout from 3 commas
      3) open the 3commas copy bot link that is not working
      4) wait until it successfully loads, and do not click copy yet!
      5) open a separated new tab
      6) log into 3commas
      7) go back to the tab where you left the copy bot page loaded
      8) now you can try clicking copy

      It’s annoying but its working fore some people.

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