Gunbot Review 2023: Bot Features, Limits & Pricing

The TradingView add-on can enable Gunbot to execute trading alerts that are sent from tradingview.com. This means that users are able to create fully customised trading strategies, using pine script at TradingView. Gunbot Crypto BotsYou do not need a cloud-based platform to run Gunbot.

• Click here to Download your copy of the StepGrid strategy controller.
• Do read the /config/autoconfig-instructions.txt and only change what is allowed.
• When enabled, the price trailing cannot trigger trades at rates lower than the current step size.

Gunbot added grid strategies in an attempt to make it easier to use than it ever has been. To set up grid trading, you need choose the amount you would like to use and maximum number of traders. You can use Gunbot on an exchange alongside manual trading strategies. You can even combine automated and manual trading to create a hybrid type trading system where artificial intelligence is assisted by the human eye.

Gunbot Add-ons

They don’t store your funds; instead, they use API keys provided by your exchange and encrypt the trade data. Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading!

When a stop is hit before https://www.beaxy.com/ably closing a trade, Gunbot will place a stop order at a loss and then look for a new long or short position to open. Still using the same logic of trading as the spot variant of the strategy. Building even further on stepgridhybrid, this strategy tries to find a balance between scalping and grid trading . Gunbot uses the trend module of stepgridhybrid and accommodates it on user set timeframes. Spotgrid essentially wants to be in a position at all times, averaging down when prices fall and profiting when prices exceed break-even. 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.

Now that you’ve got editor template installed, it’s time to configure it to fit your needs.

ProfitTrailer is basically a computer program that uses different indicators to spot trends and execute trades automatically…. 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.

One of the biggest advantages of Mizar is that it is an all-in-one platform for cryptocurrency trading. It allows users to build up low-risk strategies and execute orders across multiple crypto exchanges, markets (spot & futures), and pairs from a user-friendly interface. Coinrule has the broadest range of preset trading strategies, making it one of the most popular bots available.

Choose your login details, verify ownership, launch the software, specify your API keys for the exchanges you wish best crypto trading bots to work on. Choose the trading pairs you want to use, set up your trading strategy using presets or custom parameters, and Gunbot will begin trading around-the-clock using those settings. With this trading bot, various trade features and more consistent results are accessible. According to other Gunbot reviews on different websites, it is perfect when you want to speed up your cryptocurrency trading. They are operational 24 hours a day, and thus allow our users to save time and efficiency in their trading. Botcrypto also allows you to perform simulations to get started without risk and to learn best practices thanks to educational resources.

• I share my knowledge with you for free to help you learn more about the crazy world of forex trading!
• Additionally, 3Commas offers powerful portfolio management and trade orchestration options, letting you control all of your crypto activity from one central interface.
• When prices are trailing, Gunbot tracks their downward movement and only buys when the trailing stop is reached and the price is still at or below the lower Bollinger Band.
• Be aware that manual trading on the same account with the same base currency can lead your strategy to behave unusually.
• Gunbot Robot StatisticsPlease keep in mind that there can be absolutely no guarantee to how these strategies will perform.

Although this Docker Image has been tested on a Synology NAS, it will work essentially in any Docker-environment with the adjustment of the mount-point needed. I have provided a base-configuration under /config/ which I suggest you read and adjust. Below a few screenshots of trading behavior of this strategy preset. In uptrending markets, the strategy really shines and becomes very active. If it’s in “grid” mode, expect the strategy to trade any time it hits a step up or down.

You don’t need any other settings for the StepGrid strategy. All the system requires to function correctly is written above. If there is any change, this article will reflect the newest info. You can set Buy and Sell “enable” or “disable” in the pair override section, and if you enable “Watch Mode,” the bot won’t buy or sell. There are a few more settings that you can optionally use with this strategy, described below. With ENFORCE_STEP, instead, you can make it respect steps when trailing.

Gunbot uses a standardized format for entering trading pairs, this allows you to use the same syntax for all exchanges you might use. When you disable a pair it will no longer be traded until it gets enabled again. The pair stays on the list of active pairs, settings are kept. To start using new or changed settings, apply and save them. You can also prepare changes to many active pairs, once applied and saved these new settings will be used to trade. Active pairs are pairs that are currently configured with a trading strategy.

Supported exchanges

It’s based on the stepgridscalp strategy, and it’s available in Gunbot v25. With this preset, you’ll only need to worry about a handful of settings that are most relevant to your daily use. Other stepGrid specific settings like manual step size also work precisely the same way as on the stepGrid strategy for spot trading. Note that trading behavior might become unpredictable in shallow volume markets. To keep the trading behavior in check, use the “force step size” option using the stepGrid strategy. Your download will include many pre-made configurations for you to use in spot exchanges like Binance, Huobi, Kraken, Kucoin, and Gunthy Mex.

There is no further installation procedure because Gunbot is portable. You can access the interface on your browser after launching Gunbot. This strategy combines DCA and ROE trailing while using the ichimoku tenkan line. Gunbot will open a long position when the price is below komu and tankan crosses down the candle body. Once the same happens again at a price at least ‘DCA spread’ below the previous order, a DCA order is placed .

And systems that provide traders with trading signals that they can manually enforce. How to launch a completely autonomous trading bot in 2022 Using Gunbot + sgHybrid Controller. Another strategy based on the MACD indicator is the MACDH, which is based on the MACD histogram, which can indicate when a MACD crossover is likely. A buy order is placed when the MACD histogram crosses up the zero line. A sell order will be placed when the MACD histogram drops below 0. This strategy tries to predict the close price of the next period.

We’re just suggesting that from the start, it’s clear we’re going to have to increase our expertise before we can use Gunbot to its full potential. Just keep in mind, there can be no guarantee on how well any customised or predeveloped strategy will perform. Most Gunbot strategies for futures have slightly different triggers for trades than in normal spot trading. Gunbot will open a long or short position and close it when the target is reached.

When gunbot settingss are trailing, Gunbot tracks their downward movement and only buys when the trailing stop is reached and the price is still at or below the lower Bollinger Band. Gunbot can be used to sell trailing items for items that you personally purchased. Regular buy orders, Regular sell orders, DCA buy orders are few Order types that permit additional trailing. 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.

Trading bots are a controversial component of the crypto market. Some people think that it shouldn’t be allowed while others say it has some advantages. As the name rightly suggest, this is the ultimate all-in-one Gunbot package. It has all of the features that Gunbot has to offer with no compromises. This includes no maximum number of API slots and access to all exclusive add-ons. The add-on can be used ETC in a mixed mode too, where a Gunbot strategy is executed and TradingView alerts are being executed simultaneously.

It does have a lot of useful stuff, but the requirements are too high for even those with a moderate level of experience in crypto trading. Additionally, it has a strange pricing structure that drives away many users. It can also adjust parameters automatically for bots that are based on additional scripts, codes, and bots. Multiple trailing options, combined with narrow indicators, ensure that traders with great trading skills can use them. Furthermore, it supports a majority of the cryptocurrency exchanges available today.

Gunbot has +37 strategies and more than 100 indicators that can be used for trading. The different strategies can be combined to define when the bot needs to buy or sell. This means that it is possible to use the BollingerBands strategy to buy and the gain strategy to sell for example.

The gunbot settings’s main goal is to trade cryptocurrencies on your behalf, using the appropriate platform and taking into account all market factors. This could include buying or selling cryptocurrency at a certain price point. GunBot continuously makes profits and trades without you having to do anything. Trality is the platform that allows anyone to create and trade automated trading bots. Although professional traders are able to use automated trading successfully, private traders lose over 80% due to emotional biases and lack of automation. This is a crypto trading bot that hosts its services entirely on the cloud.

One or more trading pairs may be assigned different strategies. There are no limitations on the total number of active pairs that can be included in a Gunbot installation. Users are free to conduct a single pair or even all of the exchange’s commerce pairs. In general, Gunbot can be used with any combination that exchanges offer.

You can create your own customised Gunbot strategy or choose from any of the preset strategies. The strategies are fully customisable to cater to different trader needs. You will at least need to choose the amount you want to allow Gunbot to trade with. I would probably consider taking this route as I feel that there can be limitations to automated trading.