Gain

This page describes how margin trading works with the Gain strategy. The triggers for trades are slightly different than in the same strategy for regular trading.

How to work with this strategy

Expected behavior for margin trading

Gunbot will open one position, either long or short, and close this position when the target is reached. When the stop is hit before profitably closing a trade, Gunbot will place a stop order at loss. After closing a position, Gunbot will again look to open a new long or short position. Gunbot will not add to existing open positions.

Please don't manually add to or reduce positions opened by Gunbot, unless you stop running Gunbot on this trading pair until you've closed this position.

The examples below show how the basic triggers for gain work. Additionally, you can use confirming indicators and settings like ROE trailing.

Long (regular: trend following)

A long position is opened when the ask price is equal to or above LONG_LEVEL.
Position is closed when the desired ROE (return on equity) is reached. This is a percentage from the entry point, taking leverage into consideration.
A position is closed at loss when a stop is hit.

Short (regular: trend following)

A short position is opened when the bid price is equal to or below SHORT_LEVEL.
Position is closed when the desired ROE (return on equity) is reached. This is a percentage from the entry point, taking leverage into consideration.
A position is closed at loss when a stop is hit.

Long (mean reversion mode)

In MEAN_REVERSION mode the behavior for LONG_LEVEL and SHORT_LEVEL is reversed in this strategy.

A long position is opened when the ask price is equal to or below LONG_LEVEL.
Position is closed when the desired ROE (return on equity) is reached. This is a percentage from the entry point, taking leverage into consideration.
A position is closed at loss when a stop is hit.

Short (mean reversion mode)

In MEAN_REVERSION mode the behavior for LONG_LEVEL and SHORT_LEVEL is reversed in this strategy.

A short position is opened when the bid price is equal to or above SHORT_LEVEL.
Position is closed when the desired ROE (return on equity) is reached. This is a percentage from the entry point, taking leverage into consideration.
A position is closed at loss when a stop is hit.

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.

Margin settings

Margin settings control settings like leverage and the target for ROE. These parameters are relevant when using gain as buy and/or sell method.

Long Level

This sets the target for opening a long position at a percentage above the highest EMA.

When you set this to 1, buy orders will only be placed when the current price is at least 1% above the currently highest EMA.

Short Level

This sets the target for opening a short position at a percentage below the lowest EMA.

When you set this to 1, sell orders will only be placed when the current price is at least 1% below the currently lowest EMA.

ROE

This sets the target for closing a position.

ROE is the Return On Equity for a position, the percentage profit and loss on your invested margin. This value is calculated in a similar way to how Bitmex calculates it, it does include leverage and does not include fees.

Examples:

Long position, 1x leverage. When price moves 1% above the average entry price, 1% ROE is reached.

Long position, 100x leverage (or cross leverage). When price moves 1% above the average entry price, 100% ROE is reached.

Short position, 20x leverage When price moves 1% below the average entry price, 20% ROE is reached.

PND

Use "PND" logic to close trades. This mode tries to not close a position before a pump or dump has fully played out - usually beats ROE trailing performance.

Respects the minimum ROE set.

PND protection

Threshold to close a position when it drops below ROE again.

A value of 1.5 means that if ROE reached 1.5x the minimum target, the position will get closed immediately if the trend turns.

Leverage

Sets the leverage for opening any position. Setting 0 places the order with cross margin.

On Binance Futures you must set leverage per pair on the exchange itself.

Stop Buy

Places a market stop order for a long position, at the same time as the position is opened.

When set to 1 and a long order is opened at a price of 100, a stop market order will be placed at 99.

This setting is exclusive to Bitmex

Stop Sell

Places a market stop order for a short position, at the same time as the position is opened.

When set to 1 and a short order is opened at a price of 100, a stop market order will be placed at 101.

This setting is exclusive to Bitmex

ROE Trailing

Use this to enable tssl-style trailing for ROE.

Trailing limit is set with ROE_LIMIT.

ROE Scalper

Use this to enable an alternate trailing mechanism for closing positions.

Trailing limit is set with ROE_LIMIT. Additionally ROE_TRAILING must be enabled.

ROE Limit

This sets the range for ROE trailing.

ROE trailing:

Range is a percentage of current ROE. Setting a ROE_LIMIT of 5 at a ROE target of 1 would set an initial range between 0.95 and 1.05.

ROE scalper:

Range is an absolute ROE value. Setting a ROE_LIMIT of 5 at a ROE target of 10 means that the trailing stop is initially set at ROE 5 (ROE minus ROE_LIMIT).

Both:

As long as ROE keeps increasing, the range moves along with ROE. As soon as ROE start decreasing, the lower range gets frozen. A close order is placed when ROE crosses the lower limit.

Pre Order

When set to true, limit orders will placed at a configurable rate beyond the best bid/ask price to get ahead of the order book.

Pre Order Gap

Sets the gap between the best bid/ask price in the orderbook and the rate at which a limit order gets placed. Long orders are placed at ask + gap. Short orders are placed at bid - gap.

It is possible to use negative values, this will increase the chance of receiving maker fees.

Example when set to 1 and a buy signal occurs at an ask price of 100: a limit order gets placed at a rate of 101. When set to -1 and a buy signal occurs at an ask price of 100: a limit order gets placed at a rate of 99.

Don't use a negative gap together with STOP_BUY and/or STOP_SELL, as these stops do not combine well with position that do not always fill. Instead use STOP_LIMIT.

Mean Reversion

When set to true, the strategy follows a mean reversion way of trading, instead of trend following.

Long and short levels are reversed in this mode, long level is placed below EMA, short level is placed above EMA.

Buy settings

Buy settings are the primary trigger for opening long positions. These parameters control the execution of buy orders when using gain as buy method.

Buy enabled

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

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 opening short positions. These parameters control the execution of sell orders when using gain as sell method.

Sell enabled

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

Indicator settings

Relevant indicators for trading with gain.

These settings have a direct effect on trading with gain, this is where you configure EMAs.

Period

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.

Slow EMA

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).

Medium EMA

Set this to the amount of candlesticks you want to use for your medium 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 medium EMA – you need to set EMA2 to 12 (12 * 5 mins).

Balance settings

Confirming indicators + advanced indicator settings

Confirming indicators

Misc settings

Dollar cost avg settings

DCA Method

When set to TENKAN Gunbot will place DCA orders in exactly the same way as in the Tenkan strategy. Each DCA order is in size of TRADING_LIMIT.

Reversal trading settings

RT is not intented to be used for margin trading.

TrailMe settings

TrailMe is not intented to be used for margin trading.

TrailMe

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_LEVEL

Placeholder.

BUY_RANGE

Placeholder.

DISPLACEMENT

Placeholder.

DOUBLE_CHECK_GAIN

Placeholder.

FAST_SMA

Placeholder.

GAIN

Placeholder.

HIGH_BB

Placeholder.

ICHIMOKU_PROTECTION

Placeholder.

KIJUN_BUY

Placeholder.

KIJUN_CLOSE

Placeholder.

KIJUN_PERIOD

Placeholder.

KIJUN_SELL

Placeholder.

KIJUN_STOP

Placeholder.

KUMO_BUY

Placeholder.

KUMO_CLOSE

Placeholder.

KUMO_SELL

Placeholder.

KUMO_SENTIMENTS

Placeholder.

KUMO_STOP

Placeholder.

LOW_BB

Placeholder.

MACD_LONG

Placeholder.

MACD_SHORT

Placeholder.

MACD_SIGNAL

Placeholder.

PP_BUY

Placeholder.

PP_SELL

Placeholder.

RENKO_ATR

Placeholder.

RENKO_BRICK_SIZE

Placeholder.

RENKO_PERIOD

Placeholder.

SELLLVL1

Placeholder.

SELLLVL2

Placeholder.

SELLLVL3

Placeholder.

SELLLVL

Placeholder.

SELL_RANGE

Placeholder.

SENKOUSPAN_PERIOD

Placeholder.

SLOW_SMA

Placeholder.

TAKE_BUY

Placeholder.

TBUY_RANGE

Placeholder.

TENKAN_BUY

Placeholder.

TENKAN_CLOSE

Placeholder.

TENKAN_PERIOD

Placeholder.

TENKAN_SELL

Placeholder.

TENKAN_STOP

Placeholder.

TP_PROFIT_ONLY

Placeholder.

TP_RANGE

Placeholder.

TSSL_TARGET_ONLY

Placeholder.

USE_RENKO

Placeholder.

PreviousFutures Grid NextIchimoku

Last updated 4 years ago

Was this helpful?