Gunbot StepGrid Strategy Settings Ultimate Guide CryptoDROI CryptoDROI


It gives the opportunity to automate the trading and is effective with pairs that hit the same resistance and support prices repeatedly. A range of desired minimum and maximum profit has to be set in the Gunbot so that it can sell in this range. The distance between support and resistance can be configured to determine the range in which you want Gunbot to trade. The Bollinger Bands are indicators that indicate relatively low and high prices. The strategy allows you to set the distances from the low and high Bollinger Bands where you want the bot to buy or sell.

market conditions

The platform allows users to combine any method into a custom trading strategy. For example, traders can configure the bot to create a buy order according to the lower Bollinger Band and sell them according to the trailing stop/stop-loss method. The Gunbot platform also offers specifics of their pricing plans, and to trade, you can select from six different types of licenses. This can also be good for larger traders who want to spread their orders out, and reduce the chance they will influence the market price of a token noticeably. Whilst these options can be used for some interesting trading strategies, not every imaginable scenario can be handled with the pre-set options. First you would generate your RSI data, once for a 10 period and once for a 20 period RSI.

Which crypto exchanges does Gunbot support?

They don’t store your funds; instead, they use API keys provided by your exchange and encrypt the trade data. In uptrending markets, the strategy really shines and becomes very active. When looking to sell, Gunbot will execute an order when the highest bid price matches the target. When buying, it looks at the lowest ask price before placing an order. Keep in mind that every option you enable and every indicator you add makes it more difficult for the bot to actually trade.

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The platform integrates with 100+ exchanges, including industry giants like Binance and Coinbase Pro. Its pre-made bots, signals, and technical indicators are perfect for analysis the market and using automated strategies. You do not need to use any complex syntax when creating a custom crypto bot. The Gunbot custom strategies are developed with simple JavaScript. This saves users time from needing to learn complicates programming languages to code their trading strategies.

Gunbot stepGridHedge Strategy

With the Code Editor, developers use their coding knowledge to create advanced and intricate strategies in a fast and secure way. Also, the bot experiences no downtime and serves updates without interrupting your trades or putting a halt to your account. Even if you are offline, your Cryptohopper account will still be up and running. There are three subscriptions based on the number of bots and Telegram integration.

When prices decline, Gunbot can automatically acquire quote currency without making any additional investments beyond the initial buy order. Reversal trading is a characteristic that can assist in lowering the investment’s break-even point. This cycle may continue if prices decline further or even when the cryptocurrency markets turn sideways following a decline. Gunbot keeps track of the transaction fees paid when accumulating. The price will resume regular trading as soon as it reaches the break-even mark. Moreover, additional supported exchanges are frequently introduced.

Connect to the exchange API

The stepGrid controller monitors what’s happening in the crypto market. When the price moves up one step while below break-even, it automatically starts selling, trailing, and places a sell order when the trailing finishes. Below break even, each sell order is 1x the “Trading Limit” in size. Gunbot receives information of the prices going up as a result of the spread between the fast and the slow EMA decreasing. The spread decreasing again is an indication of the price going down again, which triggers a sell order. The EMA spread is calculated each cycle by subtracting the lowest EMA value from the highest EMA.

Gunbot went through a lot of iterations, almost all features are the way they are because this is what power users want from a trading bot. Double up, commonly known as dollar cost averaging or DCA, is a Gunbot technique for automatically averaging down assets. This enables traders to achieve a lower average price per unit as prices decline, resulting in a lower potential exit price that is lucrative.

StepGrid Trading Behavior with Auto Step Size

Bitsgap is one of the best bitcoin trading bots that can help you manage your crypto assets with ease and enable you to create a bot strategy with a few clicks. Additionally, 3Commas offers powerful portfolio management and trade orchestration options, letting you control all of your crypto activity from one central interface. Use SmartTrade to execute trades on any major exchange with far more control and options than exchanges offer. Seize opportunities for quick profits with the scalping terminal.

  • Stepgridhybrid has more customization and options than regular stepgrid.
  • Keep in mind that the historical data will need to be available from the exchange and there are a few methods that cannot be back tested such as the time series analysis method.
  • Bots react more quickly to the market, so they have a significant advantage over manual trading.
  • Due to the platform’s complexities, it’s more suitable for experienced traders.

There is no further installation procedure because Gunbot is portable. You can access the interface on your browser after launching Gunbot. The Gunbot trading strategies are used either for Buying or for Selling.

Dynamic Grid Trading

There are different sets of trading styles between which Gunbot automatically switches depending on how the market acts. This strategy is based on the SMA indicator, which indicates to the Gunbot when the price is moving up, when the fast SMA crosses over the slow SMA. Gunbot will sell when it’s the other way around, when the slow SMA crosses under the fast SMA. The strategy code runs once every time Gunbot processes the pair. This means that any variable you assign inside the strategy gets reinitialized every time the code runs.

The 3Commas gunbot strategiesplace gives you access to templates and signals with a transparent track record of performance, so you can pick the one that works best for your goals. 3Commas makes it easy to make money with bots that never sleep. Whether you use one of their many proven templates or create a fully custom bot, 3Commas gives traders the power to profit from any market condition. When this is done, you immediately receive many GUNTHY tokens on your account. Blockchain uses these to verify your ownership of your license permanently. We didn’t know which license to choose from and which one would suit our needs.

Because there are only a few configurable options, it’s ideal for people who don’t want to manage their Gunbot strategies all that much. The strategy can be combined with other indicators such as RSI, MFI or stochastic and can become one of the most powerful strategies Gunbot has to offer. This strategy is often combined with step gain, where the bot buys based on the Bollinger Bands and sells with the step gain strategy. Emotionless gives the opportunity to traders to make modest profits with a relatively safe strategy.

trading bot

This tool is an excellent option for mobile and high-volume traders. The main product of Pionex is the trading bot selection, even though it supports manual trading using crypto-to-crypto conversions. This bot executes traders’ buy and sell orders with no manual input but with predefined market conditions. TradeHub is a turnkey crypto trading bot you can start with for free with their 14-day trial. It features countless trading strategies based on three basic principles of DCA, Grid, and Short.


You can place orders through the Gunbot GAL interface if you don’t want to wait for the bot to do so. Gunbot’s settings for tried-and-true innovative strategies make it simple for private traders to get started. Connect and play Some tactics, such as stepGrid, are already optimized and profitable. Power users have no restriction and can employ unlimited bot instances, custom strategies, and automated config updates. In Gunbot, creating a custom trading strategy is as simple as using Javascript to specify the precise circumstances.

For instance, you can tell your bot to buy a particular coin at $15 and repurchase it if the price falls to $12. Depending on the bot provider you choose, you will find many account options and supported coins there. DCA and reversal trading are two powerful options you can use to cope with falling prices. They are absolutely great, but can also invest large amounts of money or lose money when used in a way you didn’t anticipate.

What strategies do trading bots use?

  • Mean Reversion.
  • Momentum Trading.
  • Arbitrage.
  • Machine Learning.
  • Natural Language Processing (NLP)

You can configure your own gunbot strategies size or let Gunbot choose for you. Gunbot will trade every meaningful price movement, taking advantage of small steps upward to sell parts of a bag that are profitable compared to their corresponding orders. Just like other grid strategies, there are only a handful of configurable options. Gunbot delivers on its promises as a community-made crypto trading bot, however, there are certain limitations that will deter beginners in particular. Worthy alternatives that include in-built automatic trading bots with a simpler user experience include Pionex, KuCoin X, and Coinrule. Gunbot’s DCA crypto bot automatically averages the price of an asset when its price drops after a buy order.

  • A software program capable of trading cryptocurrencies on cryptocurrency exchanges on a users behalf.
  • The bot will not place buy orders when there is no balance left to sell when this setting is enabled.
  • Gunbot uses a grid-based strategy with dynamic trading targets and integrated trailing for buying and selling.
  • The platform contains more data than any other crypto trading platform on the web, so you can truly beat the competition.
  • This website is using a security service to protect itself from online attacks.