Emotionless
The Emotionless method is simple and ready to use, even for novice traders! It's meant to be a relatively safe method that buys the dip, and sells at a modest profit.
The specifics for how this trading method exactly works will not be disclosed.
Strategy settings for Emotionless
Buy settings
| Label | Config Parameter | Default Value | Detailed Description |
|---|---|---|---|
| Buy enabled | BUY_ENABLED | true | Allows you to enable or disable buy or long orders, giving you control over whether the strategy may place buy orders. |
| Buy level | BUY_LEVEL | 1 | Defines the percentage below the lowest Exponential Moving Average (EMA) at which buy orders are permitted. Set this to adapt how far below the EMA buy orders should start. The slider allows values between 0.1% and 5%, providing flexibility in setting the buy trigger level relative to market conditions. |
Sell settings
| Label | Config Parameter | Default Value | Detailed Description |
|---|---|---|---|
| Sell enabled | SELL_ENABLED | true | Allows you to enable or disable sell or short orders. |
| Gain | GAIN | 1 | Sets the target gain percentage above the break-even point for selling assets. Adjusting this setting helps tailor profit-taking criteria to your trading goals. You can select values from 0.1% to 5%, offering a range to optimize profit levels against market volatility. |
| Count sell | COUNT_SELL | 9999 | Configures the strategy to disable a trading pair after a specified number of sell orders, starting from when the pair was added. This feature helps manage the number of transactions per pair and can be critical for strategies involving frequent trades. It provides a method to limit exposure or turnover per pair. |
Indicators
| Label | Config Parameter | Default Value | Detailed Description |
|---|---|---|---|
| Period | PERIOD | 15 | Defines the period of the candlesticks in minutes used for calculating indicators. It's essential to select a period supported by your exchange to ensure accurate indicator computation. |
| Medium EMA | EMA1 | 16 | Specifies the number of candlesticks used to calculate the medium Exponential Moving Average (EMA). Adjusting this setting affects the sensitivity of the EMA to price changes. The range of this setting is between 2 and 50 candlesticks, allowing for customization based on your trading strategy's time frame and responsiveness needs. |
| Fast EMA | EMA2 | 8 | Specifies the number of candlesticks used to calculate the fast Exponential Moving Average (EMA). This setting impacts how quickly the EMA responds to price changes, which is crucial for strategies that rely on fast-moving market conditions. You can adjust the number of candlesticks from 2 to 50, offering flexibility in tuning the indicator's reaction to market dynamics. |
Overview of effects on different order types
| Config Parameter | Affected Order Types | Not Affected Order Types |
|---|---|---|
| Buy Enabled | Strategy buy, DCA buy, RT buy, RT buyback | Strategy sell, Stop limit, Close, RT sell |
| Buy Level | Strategy buy | Strategy sell, Stop limit, Close, RT sell, DCA buy, RT buy, RT buyback |
| Sell Enabled | Strategy sell, Stop limit, RT sell | Strategy buy, RT buy, RT buyback, Close, DCA buy |
| Gain | Strategy sell | Strategy buy, RT buy, RT buyback, RT sell, Close, DCA buy, Stop limit |
| Period | Strategy sell, Strategy buy, DCA buy (when using an indicator) | RT buy, RT buyback, RT sell, Close, Stop limit |
| Slow EMA (EMA1) | Strategy buy | RT buy, RT buyback, RT sell, Close, Stop limit, Strategy sell, DCA buy |
| Medium EMA (EMA2) | Strategy buy | RT buy, RT buyback, RT sell, Close, Stop limit, Strategy sell, DCA buy |