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.
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.
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 emotionless as sell method.
Sell enabled
Set this to false to prevent Gunbot from placing sell orders.
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.
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.
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.
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).
TrailMe settings
This is not available for Gunbot Starter.
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.
Balance settings
Confirming indicator + advanced indicator settings
This is not available for Gunbot Starter.
Dollar cost avg settings
This is not available for Gunbot Starter.
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.
This is not available for Gunbot Starter.
Misc settings
Placeholders
The following parameters in config.js have no function for this strategy and act as placeholder.
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