3Commas: Best Alternatives to Consider

In front of the rise of crypto trading platforms, deciding which is better for you as a trader at a certain skill level and specific needs and goals might be a tedious but necessary task.

The most popular 3Commas alternatives you should consider are:

• Altrady
• Bitsgap
• WunderTrading
• CryptoHopper
• Tradingview
• Coinigy

Instead of going into what each platform offers, this article delivers a guide on why you should look closely at Altrady to boost your trading performance and work more effectively as a professional.

Altrady: More Than an Automated Trading Solution

Altradyy trading platform places a multi-exchange alternative with bunches of unique features that strive to help traders optimize their trading performance by leveraging indispensable resources regarding market analysis and portfolio management, with tools for short-term approaches such as intraday and swing strategies and long-term holdings.

This platform shows contrasts and similarities in front of 3Commas. Despite both proposals harboring automation and bot trading offerings, 3Commas promotes an easygoing method to survive the crypto markets, but Altrady delivers sophisticated instruments to bring traders a broader trading quality.

Note that sophisticated does not mean complex but cutting-edge. The final purpose of Altrady is to provide a proficient environment for making enhanced investment decisions. In this sense, bringing beginners into a professional trail comprises a principal concern driving each feature presented.

Altrady focuses on traders as the protagonists in their success without leaving out any skill level or trading type. Bot traders, day traders, mid-term traders, and long-term investors find themself together on a single platform tailored to save them time, manage risk efficiently, and automate a vast range of options not just for entry executions but likewise for handling positions and reducing the potential pitfalls in the course of a trade.

What Sets Altrady Apart from 3Commas

Undoubtedly, pros and cons surround both platforms. But since Altrady was born in the background of an algorithmic trading program, we can find elementary differences that can even unveil an edge.

Robust Algorithms and Bots Infrastructure

Altrady's groundwork for developing automated systems leans on combining the QuickFingersLuc (QFL) strategy with signal bots, fetching together an advanced algorithmic procedure to identify and seize trading opportunities while ensuring high accuracy.

The Smart QFL Bot is a consequent product of such an approach, which comprises a quantitative scheme through base scanners and the signal bot to spot areas in the market likely to rebound once the price of an asset breaks below a support level.

The QFL Signals feature present in 3Commas offerings belongs to the developments of Altrady, which reveals a strength in algorithmic trading in the latter's favor.

In the same way, Altrady's automation features reach upper levels through high-frequency trading models contained in developments like the Quick Scanner, which identifies scalping opportunities in rapidly rising or dropping markets.

Advanced Smart-Trading

Following the identification and start-up of a trading opportunity, the next step is to manage and protect the position. Altrady's automation approach propels the smart-trading features towards an advanced application of stop-loss and take-profit orders.

Traders can set multiple take-profit targets with customized trailing rules for each one. Likewise, stop-loss can protect a profitable position by setting it to move with the price action.

Among the capabilities of such features, we find the Risk-based calculator that allows traders to set the position size automatically based on a specific risk percentage.

The Cooldown option safeguards a position in a unique way from the so-called stop-hunt moves wildly present in the market.

Multi-Charts Analysis

As a trader, following the market moves through different assets is an ability that should not be overlooked, especially for intraday strategies.

The multi-chart analysis is possible in the Altrady terminal, enabling traders to enhance their responsiveness amid the different assets' price movements.

Similarly, traders might discover correlations and disparities in the overall market performance, which can help optimize strategies based on confluencies and arbitrage or spread trading techniques.

What to Consider when Picking Altrady over 3Commas

Making a conclusive choice between Altrady and 3Commas might lay on various factors regarding a trader's goal, skill level, and even commitment ahead of his crypto trading involvement.

Does that hypothetical trader want to develop a long-term career or earn extra income only? Is this trader a full-time trader who spends hours on market research or a participant who implements a simple strategy?

In any case, all should bear in mind the following considerations.

All-in-one Approach

We can think of Altrady as a builder who shapes a building that others will use to make offices or as a sculptor who lights an idea through a sculpture for spectators to delight in.

Unlike alternatives that focus on lowering the entry barriers for beginners through specialized features, Altrady goes further, bringing together a set of tools ranging from easy usability to sophisticated implementations of trading systems.

As shown in the previous section, unique automated systems based on quantitative models, market scanners, and signal bots craft an unparalleled algorithmic trading offering that, along with manual trading features, encourages traders of any skill level to be involved in an amplified source of possibilities through an all-in-one approach.

Professional Prospects

Beyond technical tools, Altrady allows traders to turn their novice behavior into a professional mindset, a crucial facet to surviving crypto markets in the long term.

Stepping from being a single trader to a portfolio manager who handles clients' assets is possible in Altrady using multiple accounts with subaccounts.

Traders who pursue a long-term career will find in Altrady more than just a crypto trading platform but a partner to lean on.

Conclusion

The realm of crypto trading platforms seems full of alternative options for starting a trading journey. Which options represent an assertive choice for beginner traders and professional investors? Altradyy places an all-in-one proposal over the table that, ultimately, overrides the offerings of platforms like 3Commas when seeking a professional trading objective is all about.

Altrady is a crypto trading platform with multi-exchange integration features where beginners and professional investors manage assets across multiple accounts simultaneously, seizing algorithmic, automation, and bot functionalities. Sign up for a free trial account today.