Emotionless
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.
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
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
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
"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
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
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
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
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
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
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).
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
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.
TrailMeBalance settings
Balance settingsConfirming indicator + advanced indicator settings
Confirming indicatorsDollar cost avg settings
Dollar Cost Avg (DCA)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.
Reversal trading (RT)Misc settings
Misc settingsPlaceholders
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.
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