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.

Chart showing actual trades by Emotionless. Each sell order gained ~0.6%

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

Description

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

Values

Values: true or false

Default value: true

Order types

Affects	Does not affect
Strategy buy	Strategy sell
DCA buy	Stop limit
RT buy	Close
RT buyback	RT sell

Name

Parameter name in config.js: BUY_ENABLED

Buy Level

Description

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

Values: numerical, represents a percentage.

Default value: 1

Order types

Affects	Does not affect
Strategy buy	Strategy sell
	Stop limit
	Close
	RT sell
	DCA buy
	RT buy
	RT buyback

Name

Parameter name in config.js: BUY_LEVEL

NBA

Description

"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

Values: numerical, represents a percentage.

Default value: 0

Order types

Affects	Does not affect
Strategy buy	Strategy sell
	Stop limit
	Close
	RT sell
	DCA buy
	RT buy
	RT buyback

Name

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

Description

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

Values

Values: true or false

Default value: true

Order types

Affects	Does not affect
Strategy sell	Strategy buy
Stop limit	RT buy
RT sell	RT buyback
	Close
	DCA buy

Name

Parameter name in config.js: SELL_ENABLED

Gain

Description

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

Values: numerical – represents a percentage.

Default value: 0.5

Order types

Affects	Does not affect
Strategy sell	Strategy buy
	RT buy
	RT buyback
	RT sell
	Close
	DCA buy
	Stop limit

Name

Parameter name in config.js: GAIN

Double Check Gain

Description

This is an extra check that looks at your recent trading history to verify GAIN will be reached before placing a sell order.

Values

Values: true or false

Default value: true

Order types

Affects	Does not affect
Strategy sell	Strategy buy
	RT buy
	RT buyback
	RT sell
	Close
	DCA buy
	Stop limit

Name

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

Description

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

Values: numerical– represents candlestick size in minutes.

Default value: 15

Order types

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

Name

Parameter name in config.js: PERIOD

Slow EMA

Description

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

Values: numerical – represents a number of candlesticks.

Default value: 16

Order types

Affects	Does not affect
Strategy buy	RT buy
	RT buyback
	RT sell
	Close
	Stop limit
	Strategy sell
	DCA buy

Name

Parameter name in config.js: EMA1

Medium EMA

Description

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

Values: numerical – represents a number of candlesticks.

Default value: 8

Order types

Affects	Does not affect
Strategy buy	RT buy
	RT buyback
	RT sell
	Close
	Stop limit
	Strategy sell
	DCA buy

Name

Parameter name in config.js: EMA2

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.

pageTrailMe

Balance settings

pageBalance settings

Confirming indicator + advanced indicator settings

This is not available for Gunbot Starter.

pageConfirming indicators

Dollar cost avg settings

This is not available for Gunbot Starter.

pageDollar 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.

This is not available for Gunbot Starter.

pageReversal trading (RT)

Misc settings

pageMisc settings

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_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.