Gain

This strategy is based on EMA, enabling Gunbot to buy when the price reaches a point below the lowest EMA and sell as soon as a set percentage of gain is reached.

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 when both the price is below EMA and RSI is 30 or lower.

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

Trading example

gain

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

How to work with this strategy

The infographic below describes what triggers trades with this strategy.

gain

The settings used in the example are not recommended.

Strategy parameters

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

ParameterDefault valueDescription
BUY_LEVEL1Values: numerical – represent a percentage.
This sets the target for buying at a percentage below the lowest EMA.When you set this to 1, buy orders will only be placed when the current price is at least 1% below the currently lowest EMA.
BUY_ENABLEDtrueValues: true or false.
Set this to false to prevent Gunbot from placing buy orders. Affects all types of buy orders.
NBA0Values: numerical, represents a percentage
“Never Buy Above”. Use this to only allow buy orders below the last sell rate. This sets 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.
TAKE_BUYfalseValues: true or false.
With this setting enabled, Gunbot will try to take any buy chance between the strategy entry point and your setting for TBUY_RANGE.As soon as the ask price drops below the upper border of this range (called “Take Buy”), it will trail down with a range of TBUY_RANGE and place a buy order as soon as the ask price crosses up “Take Buy”. Confirming indicators in use are respected.Normal strategy buy orders are still possible while using TAKE_BUY.This option should not be used together with reversal trading.
TBUY_RANGE0.5Values: numerical – represents a percentage.
This sets the buy range for TAKE_BUY.When set to 0.5, the initial trailing stop is set 0.5% above the entry point defined by BUY_LEVEL

Sell settings

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

ParameterDefault valueDescription
GAIN0.5Values: numerical – represents a percentage.
This sets the target for selling. Gunbot will sell once price reaches the set percentage above the break-even point.If you want to have at least 2% profit per trade, set this to 2. A sell order will be placed when the current price is at least 2% higher than the average bought price.
SELL_ENABLEDtrueValues: true or false.
Set this to false to prevent Gunbot from placing sell orders. Affects all types of sell orders.
TAKE_PROFITfalseValues: true or false.
With this setting enabled, Gunbot will try to take any possible profit between the break-even point and your strategy exit point. This can be useful, for example, on days where the markets move very slowly.It works by trailing prices upwards between the break-even point and the strategy exit point, with a configurable range for trailing: TP_RANGE. A sell order will be placed when the trailing stop limit is hit or strategy sell conditions are reached. Confirming indicators in use are respected.Sells at minimal loss are possible when using TAKE_PROFIT, acting as a sort of mini stop loss.This option should not be used together with reversal trading and DOUBLE_CHECK_GAIN
TP_RANGE0.5Values: numerical – represents a percentage.
This sets the sell range for TAKE_PROFIT.When set to 0.5, the initial trailing stop is set 0.5% below the break-even point.
TP_PROFIT_ONLYfalseValues: true or false.
Enable this to only allow sell orders above the break-even point.
DOUBLE_CHECK_GAINtrueValues: true or false.
This is an extra check that looks at your recent trading history to verify GAIN will be reached before placing a sell order.

Balance settings

Go to balance settings

Indicator settings

Relevant indicators for buying with gain

These settings have a direct effect on buying with gain, because BUY_LEVEL is dependant on EMA.

ParameterDefault valueDescription
PERIOD15Values: numerical– represents candlestick size in minutes.
This sets the candlestick period used for trading, this affects all indicators within the strategy and the BUY_LEVEL. 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.
EMA116Values: numerical – represents a number of candlesticks.
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).
EMA28Values: numerical – represents a number of candlesticks.
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).

Confirming indicators + advanced indicator settings

This is not available for Gunbot Starter.

Go to confirming indicators

Dollar cost avg settings

This is not available for Gunbot Starter.

Go to Dollar cost avg (DCA)

Reversal trading settings

This is not available for Gunbot Starter.

Go to reversal trading

TrailMe settings

This is not available for Gunbot Starter.

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.

Go to Trailme

Misc settings

Go to 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_RANGEPlaceholder.
DISPLACEMENTPlaceholder.
FAST_SMAPlaceholder.
HIGH_BBPlaceholder.
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.
PP_BUYPlaceholder.
PP_SELLPlaceholder.
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.
TENKAN_CLOSEPlaceholder.
TENKAN_PERIODPlaceholder.
TENKAN_STOPPlaceholder.
TSSL_TARGET_ONLYPlaceholder.
USE_RENKOPlaceholder.