About Gunbot strategies

Trading methods

A strategy in Gunbot is a collection of settings that can be assigned to one or more trading pairs. These pairs will then trade according to the assigned settings. The most important factors of a strategy are the buy and sell methods, these define the main logic for buy and sell orders.

Gunbot has many different methods for executing buy and sell orders. These can be freely combined, where one method is being used for buying and another for selling.

Each method, and their variants for futures trading, has it's own wiki article describing the exact logic and explaining all available strategy parameters.

Available buy and sell methods

note

This page describes trading methods that can be freely combined.

Method	Description (short)
adx	Average Directional Index: uses the ADX indicator to trade only when trends are strong enough.
atrts	Average True Range Trailing Stop: uses the ATR indicator to measure volatility changes and trade on a trailing stop.
bb	Bollinger Bands: buy and sell at configurable points between the lower and upper Bollinger Bands.
bbta	Bollinger Bands (TA): buy and sell after a reentry at configurable points between the lower and upper Bollinger Bands.
emaspread	EMA spread: uses the spread between slow and fast EMA to trade when price direction changes.
emotionless	Emotionless: "just works" strategy. Hardly any configurable parameters. Perfect for novice traders.
gain	Gain: buy at a percentage below EMA, sell when your set gain is reached.
ichimoku	Ichimoku: trading algorithm based on the Ichimoku cloud indicator.
macd	Moving average convergence/divergence: uses the MACD indicator to trade when momentum changes.
macdh	Moving average convergence/divergence histogram: uses the MACD histogram to trade when momentum changes.
pp	Pingpong: set a fixed buy and sell price, perfect for coins that stay within a predictable price range.
stepgain	Stepgain: like gain , but after hitting initial buy or sell level a trend watcher will check if prices will further decrease or increase - making sure to only buy or sell when the trend reverses.
smacross	SMA cross: uses crossings of fast and slow SMA to trade when price direction changes.
supportresistance	Support / Resistance: buy at support, sell at resistance.
tsa	Time series analysis: tries to predict future prices and trades on predicted trend reversals.
tssl	Trailing Stop / Stop Limit: uses a moving range around market prices for buying and selling, trailing optimal buy and sell levels.

Keep in mind that not all combinations of buy/sell methods are a good match to use together with trailing or certain confirming indicators.

For example using macd, which triggers only in cycles where the MACD line crosses the signal line, together with Stochastic as confirming indicator (in cross mode, which also only triggers in cycles with an indicator cross) is a bad combination because both MACD and Stochastic must cross in the same cycle - very much reducing your opportunities for a trade.

Protections

Trading methods have a few common protections:

• Some methods will only buy once, other can buy multiple times. This is called "pyramid buying".
• "Buy level" is a setting that protects against buying above the lowest EMA. The equivalents to this for futures trading are called "Long level" and "Short level".
• Many methods won't place a strategy sell order below the break-even point, in some methods this is optional.
• the "grid" strategies come with their own built-in protections, these are generally not configurable.

See the tables below for details about protections/constraints per method.

Protections for regular trading (spot)

Method	Allows for pyramid buying?	Protection against buying above EMA? ("buy level")	Protection against selling below break-even point? ("gain")
adx	no	no	optional
atrts	no	no	yes
bb	no	yes	yes
bbta	no	no	optional
emaspread	no	no	optional
emotionless	no	yes	yes
gain	no	yes	yes
ichimoku	no	no	optional
macd	yes	no	optional
macdh	yes	no	optional
pp	no	no	optional
smacross	yes	no	optional
stepgain	no	yes	yes
supportresistance	yes	no	yes
tsa	no	no	yes
tssl	no	yes	yes

Protections for futures trading

Method	Requires LONG_LEVEL / SHORT_LEVEL confirmation?
adx	no
atrts	no
bb	yes
bbta	no
emaspread	no
emotionless	yes
gain	yes
ichimoku	no
macd	no
macdh	no
pp	no
smacross	no
stepgain	yes
tsa	no
tssl	yes