Emotionless

Last updated 11 days ago

The Emotionless strategy is fully tuned and ready to use, even for novice traders! It's meant to be a relatively safe strategy, with modest but steady gains.

With this strategy, you don't need to think about setting the right or best parameters: it's all there already. You only need to set the basics like your trading limit and choose on which pairs you want to trade. Optionally, you can increase GAIN slightly.

The specifics for how this trading strategy exactly works will not be disclosed.

Some extra features are available for users of Gunbot Standard edition and higher. These are marked below.

Chart showing actual trades by Emotionless. Each sell order gained ~0.6%

Strategy parameters

Following settings options are available for emotionless and can be set in the strategy configurator of the GUI or the strategies section of the config.js file.

These settings are global and apply to all pairs running this strategy. When you want a specific parameter to be different for one or more pairs, use an override at the pair level.

Using the BUY_METHOD and SELL_METHOD parameters you can combine different methods for buying and selling. This strategy page assumes both BUY_METHOD and SELL_METHOD are set to emotionless. Accepted values are all strategy names as listed here.

Buy settings

Buy settings are the primary trigger for buy orders. These parameters control the execution of buy orders when using emotionless as buy method.

Buy enabled

Description
Values
Order types
Name

Set this to false to prevent Gunbot from placing buy orders.

Values: true or false

Default value: true

Affects

Does not affect

Strategy buy

Strategy sell

DCA buy

Stop limit

RT buy

Close

RT buyback

RT sell

Parameter name in config.js: BUY_ENABLED

Buy Level

Description
Values
Order types
Name

This sets the target for buying at a percentage below the lowest EMA.

When you set this to 1, the target for buy orders is 1% below the currently lowest EMA. Due to trailing, it is possible Gunbot will buy slightly higher than the target.

Values: numerical, represents a percentage.

Default value: 1

Affects

Does not affect

Strategy buy

Strategy sell

Stop limit

Close

RT sell

DCA buy

RT buy

RT buyback

Parameter name in config.js: BUY_LEVEL

NBA

Description
Values
Order types
Name

"Never Buy Above". Use this to only allow buy orders below the last sell rate.

This sets the minimum percentage difference between the last sell order and the next buy. The default setting of 0 disables this option.

When set to 1, Gunbot will only place a buy order when the strategy buy criteria meet and price is at least 1% below the last sell price.

Values: numerical, represents a percentage.

Default value: 0

Affects

Does not affect

Strategy buy

Strategy sell

Stop limit

Close

RT sell

DCA buy

RT buy

RT buyback

Parameter name in config.js: NBA

Sell settings

Sell settings are the primary trigger for sell orders. These parameters control the execution of sell orders when using emotionless as sell method.

Sell enabled

Description
Values
Order types
Name

Set this to false to prevent Gunbot from placing sell orders.

Values: true or false

Default value: true

Affects

Does not affect

Strategy sell

Strategy buy

Stop limit

RT buy

RT sell

RT buyback

Close

DCA buy

Parameter name in config.js: SELL_ENABLED

Gain

Description
Values
Order types
Name

This sets the minimum target for selling. Gunbot will sell once price reaches the set percentage above the break-even point. and HIGH_BB is reached.

If you want to have at least 2% profit per trade, set this to 2.

Values: numerical – represents a percentage.

Default value: 0.5

Affects

Does not affect

Strategy sell

Strategy buy

RT buy

RT buyback

RT sell

Close

DCA buy

Stop limit

Parameter name in config.js: GAIN

Double Check Gain

Description
Values
Order types
Name

This is an extra check that looks at your recent trading history to verify GAIN will be reached before placing a sell order.

Values: true or false

Default value: true

Affects

Does not affect

Strategy sell

Strategy buy

RT buy

RT buyback

RT sell

Close

DCA buy

Stop limit

Parameter name in config.js: DOUBLE_CHECK_GAIN

Indicator settings

Relevant indicators for trading with emotionless.

These settings have a direct effect on trading with emotionless.

Period

Description
Values
Order types
Name

This sets the candlestick period used for trading, this affects all indicators within the strategy.

Only use supported values.

Setting a short period allows you to trade on shorter trends, but be aware that these will be noisier than longer periods.

Values: numerical– represents candlestick size in minutes.

Default value: 15

Affects

Does not affect

Strategy sell

RT buy

Strategy buy

RT buyback

DCA buy (when using an indicator to trigger)

RT sell

Close

Stop limit

Parameter name in config.js: PERIOD

Slow EMA

Description
Values
Order types
Name

Set this to the amount of candlesticks you want to use for your slow EMA. The closing price for each candle is used in the slow EMA calculation.

For example: when you set PERIOD to 5, and want to use 2h for slow EMA – you need to set EMA1 to 24 (24 * 5 mins).

Values: numerical – represents a number of candlesticks.

Default value: 16

Affects

Does not affect

Strategy buy

RT buy

RT buyback

RT sell

Close

Stop limit

Strategy sell

DCA buy

Parameter name in config.js: EMA1

Fast EMA

Description
Values
Order types
Name

Set this to the amount of candlesticks you want to use for your fast EMA. The closing price for each candle is used in the fast EMA calculation.

For example: when you set PERIOD to 5, and want to use 1h for fast EMA – you need to set EMA2 to 12 (12 * 5 mins).

Values: numerical – represents a number of candlesticks.

Default value: 8

Affects

Does not affect

Strategy buy

RT buy

RT buyback

RT sell

Close

Stop limit

Strategy sell

DCA buy

Parameter name in config.js: EMA2

TrailMe settings

This is not available for Gunbot Starter.

These settings can be used, but they are not tested and not intended for use with emotionless. Use at your own risk.

Parameters to configure additional trailing for various types of orders. Trailing works just like it does for the TSSL strategy, the difference being the starting point of trailing.

Orders resulting from trailing are only placed when the main strategy criteria are met, and confirming indicators (if any) allow the order. All these conditions must occur in the same cycle.

Balance settings

Confirming indicator + advanced indicator settings

This is not available for Gunbot Starter.

Dollar cost avg settings

This is not available for Gunbot Starter.

Reversal trading settings

These settings can be used, but they are not tested and not intended for use with emotionless. Use at your own risk.

This is not available for Gunbot Starter.

Misc settings

Placeholders

The following parameters in config.js have no function for this strategy and act as placeholder.

Parameter

Description

ATRX

Placeholder.

ATR_PERIOD

Placeholder.

BUYLVL1

Placeholder.

BUYLVL2

Placeholder.

BUYLVL3

Placeholder.

BUYLVL

Placeholder.

BUY_RANGE

Placeholder.

DISPLACEMENT

Placeholder.

FAST_SMA

Placeholder.

HIGH_BB

Placeholder.

ICHIMOKU_PROTECTION

Placeholder.

KIJUN_CLOSE

Placeholder.

KIJUN_PERIOD

Placeholder.

KIJUN_STOP

Placeholder.

KUMO_CLOSE

Placeholder.

KUMO_SENTIMENTS

Placeholder.

KUMO_STOP

Placeholder.

LEVERAGE

Placeholder.

LONG_LEVEL

Placeholder.

LOW_BB

Placeholder.

MACD_LONG

Placeholder.

MACD_SHORT

Placeholder.

MACD_SIGNAL

Placeholder.

MAKER_FEES

Placeholder.

MEAN_REVERSION

Placeholder.

PP_BUY

Placeholder.

PP_SELL

Placeholder.

PRE_ORDER_GAP

Placeholder.

PRE_ORDER

Placeholder.

RENKO_ATR

Placeholder.

RENKO_BRICK_SIZE

Placeholder.

RENKO_PERIOD

Placeholder.

ROE_CLOSE

Placeholder.

ROE_LIMIT

Placeholder.

ROE_TRAILING

Placeholder.

ROE

Placeholder.

SELLLVL1

Placeholder.

SELLLVL2

Placeholder.

SELLLVL3

Placeholder.

SELLLVL

Placeholder.

SELL_RANGE

Placeholder.

SENKOUSPAN_PERIOD

Placeholder.

SHORT_LEVEL

Placeholder.

SLOW_SMA

Placeholder.

TAKE_BUY

Placeholder.

TAKE_PROFIT

Placeholder.

TBUY_RANGE

Placeholder.

TENKAN_CLOSE

Placeholder.

TENKAN_PERIOD

Placeholder.

TENKAN_STOP

Placeholder.

TP_PROFIT_ONLY

Placeholder.

TP_RANGE

Placeholder.

TSSL_TARGET_ONLY

Placeholder.

USE_RENKO

Placeholder.