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Pingpong

This strategy can be used for pairs that move up and down between a predictable price range for longer periods. You set fixed prices at which Gunbot should buy and sell, Gunbot will buy or sell as soon as the exact target is hit or exceeded.

To refine this strategy, other indicators are available to be used as confirmation for both buying and selling. For example you could have Gunbot buy at a specific price only when RSI is 30 or lower.

This strategy can be also used to trade purely on signals from confirming indicators, by setting unrealistic buy and sell prices.

warning

Gain protection is optional for this strategy.

Be aware that this can lead to sell orders below your break-even point. When you want to allow sell orders at loss, make sure to set a negative value for GAIN.

Trading example#

Example of how trading with this strategy can perform. Details and settings

Strategy parameters#

Following settings options are available for pp 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 pp. 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 pp as buy method.

Buy enabled#

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


PP Buy#

This sets the exact target price for placing a buy order. A buy order will be placed as soon as this price is hit or an even better price is available.

For example: when trading a BTC-x pair with PP_BUY set to 0.00123456, a buy order will be placed in the first cycle where the ask price is 0.00123456 or lower.


NBA#

"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.


Sell settings#

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

Sell enabled#

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


PP Sell#

This sets the exact target price for placing a sell order. A sell order will be placed as soon as this price is hit or an even better price is available.

For example: when trading a BTC-x pair with PP_SELL set to 0.00123456, a sell order will be placed in the first cycle where the bid price is 0.00123456 or higher.


Double Check Gain#

Disable this to allow sell orders below the break-even point.


Gain#

This sets the minimum target for selling when DOUBLE_CHECK_GAIN is enabled.


Indicator settings#

As pp is purely price based, there are no indicators that directly influence trading with pp.

TrailMe settings#

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.

TrailMe settings

Balance settings#

Balance settings

Confirming indicator + advanced indicator settings#

Confirming indicators

Dollar cost avg settings#

DCA options

Reversal trading settings#

Reversal trading options

Misc settings#

Misc settings

Placeholders#

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

ParameterDescription
ATRXPlaceholder.
ATR_PERIODPlaceholder.
BUYLVL1Placeholder.
BUYLVL2Placeholder.
BUYLVL3Placeholder.
BUYLVLPlaceholder.
BUY_LEVELPlaceholder.
BUY_RANGEPlaceholder.
DISPLACEMENTPlaceholder.
FAST_SMAPlaceholder.
HIGH_BBPlaceholder.
ICHIMOKU_PROTECTIONPlaceholder.
KIJUN_CLOSEPlaceholder.
KIJUN_PERIODPlaceholder.
KIJUN_STOPPlaceholder.
KUMO_CLOSEPlaceholder.
KUMO_SENTIMENTSPlaceholder.
KUMO_STOPPlaceholder.
LEVERAGEPlaceholder.
LONG_LEVELPlaceholder.
LOW_BBPlaceholder.
MACD_LONGPlaceholder.
MACD_SHORTPlaceholder.
MACD_SIGNALPlaceholder.
MAKER_FEESPlaceholder.
MEAN_REVERSIONPlaceholder.
PRE_ORDER_GAPPlaceholder.
PRE_ORDERPlaceholder.
RENKO_ATRPlaceholder.
RENKO_BRICK_SIZEPlaceholder.
RENKO_PERIODPlaceholder.
ROE_CLOSEPlaceholder.
ROE_LIMITPlaceholder.
ROE_TRAILINGPlaceholder.
ROEPlaceholder.
SELLLVL1Placeholder.
SELLLVL2Placeholder.
SELLLVL3Placeholder.
SELLLVLPlaceholder.
SELL_RANGEPlaceholder.
SENKOUSPAN_PERIODPlaceholder.
SHORT_LEVELPlaceholder.
SLOW_SMAPlaceholder.
TAKE_BUYPlaceholder.
TAKE_PROFITPlaceholder.
TBUY_RANGEPlaceholder.
TENKAN_CLOSEPlaceholder.
TENKAN_PERIODPlaceholder.
TENKAN_STOPPlaceholder.
TP_PROFIT_ONLYPlaceholder.
TP_RANGEPlaceholder.
TSSL_TARGET_ONLYPlaceholder.
USE_RENKOPlaceholder.