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

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.

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.

Take Buy is only available for Gunbot Standard and higher.

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, buy orders will only be placed when the current price is at least 1% below the currently lowest EMA.

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.

Take Buy

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 Range

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 bb as sell method.

Sell enabled

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

Gain

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.

Take Profit

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 or DOUBLE_CHECK_GAIN

TP Range

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 Only

Enable this to only allow sell orders above the break-even point.

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 gain.

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

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.

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

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.

TENKAN_CLOSE

Placeholder.

TENKAN_PERIOD

Placeholder.

TENKAN_STOP

Placeholder.

TSSL_TARGET_ONLY

Placeholder.

USE_RENKO

Placeholder.

Last updated