Pingpong

This strategy can be used for pairs that move up and down between a predictable price range for longer periods. You set fixed prices at which Gunbot should buy and sell, Gunbot will buy or sell as soon as the exact target is hit or exceeded.

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 at a specific price only when RSI is 30 or lower.

This strategy can be also used to trade purely on signals from confirming indicators, by setting unrealistic buy and sell prices.

Gain protection is optional for this strategy.

Be aware that this can lead to sell orders below your break-even point. When you want to allow sell orders at loss, make sure to set a negative value for GAIN.

Trading example

Example of how trading with this strategy can perform. Details and settings

Strategy parameters

Following settings options are available for pp 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 pp. 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 pp 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

PP Buy

Description

This sets the exact target price for placing a buy order. A buy order will be placed as soon as this price is hit or an even better price is available.

For example: when trading a BTC-x pair with PP_BUY set to 0.00123456, a buy order will be placed in the first cycle where the ask price is 0.00123456 or lower.

Values

Values: numerical – represents a price in base currency.

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: PP_BUY

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 pp 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

PP Sell

Description

This sets the exact target price for placing a sell order. A sell order will be placed as soon as this price is hit or an even better price is available.

For example: when trading a BTC-x pair with PP_SELL set to 0.00123456, a sell order will be placed in the first cycle where the bid price is 0.00123456 or higher.

Values

Values: numerical – represents a price in base currency.

Default value: 0

Order types

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

Name

Parameter name in config.js: PP_SELL

Double Check Gain

Description

Disable this to allow sell orders below the break-even point.

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

Gain

Description

This sets the minimum target for selling when DOUBLE_CHECK_GAIN is enabled.

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

Indicator settings

As pp is purely price based, there are no indicators that directly influence trading with pp.

TrailMe settings

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

pageConfirming indicators

Dollar cost avg settings

pageDollar Cost Avg (DCA)

Reversal trading settings

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_LEVEL	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.
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.