Pingpong
Last updated
Last updated
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.
Example of how trading with this strategy can perform. Details and settings
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 are the primary trigger for buy orders. These parameters control the execution of buy orders when using pp as buy method.
Set this to false to prevent Gunbot from placing buy orders.
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.
"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 are the primary trigger for sell orders. These parameters control the execution of sell orders when using pp as sell method.
Set this to false to prevent Gunbot from placing sell orders.
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.
Disable this to allow sell orders below the break-even point.
This sets the minimum target for selling when DOUBLE_CHECK_GAIN is enabled.
As pp is purely price based, there are no indicators that directly influence trading with pp.
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.
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.