Gunbot in 2024: Where We Are and Where We’re HeadedHey everyone, I’m the lead dev on Gunbot, and I’ve been with the project since 2016. Gunbot has come a long way, and in 2024, it’s honestly the most powerful it’s ever been. Working on Gunbot is more than just coding; it’s about constantly evolving with crypto markets, adding new features that help people trade more effectively, and learning from our community of traders and developers. Here, I want to share what Gunbot is today, what it can do, why it’s a game-changer for so many traders, and how our incredible dev community keeps pushing it forward.
Gunbot Today: Beyond Just a Trading BotGunbot was built to be a trading assistant, but today it’s more like a fully-featured toolkit for crypto traders. It doesn’t just automate trades—it gives you full control over how those trades are made. Gunbot runs on pretty much all the major exchanges, including Binance, Coinbase, Bybit and dYdX, so whether you’re into centralized or decentralized exchanges, we’ve got you covered. We wanted Gunbot to be flexible enough to fit any trading style, whether you’re someone who’s just starting with automated trading or a seasoned pro looking to create complex strategies.
Let’s look at some key parts where Gunbot shines.
1. The Dashboard: Your Control CenterIf you’re the kind of person who likes to stay on top of every trade, Gunbot’s
Dashboard is a feature you’ll love. Think of it as the main control room for your bot. It’s designed to show you, in real-time, how your trades are doing, where your pairs stand, and what strategies are actively running.
It tracks profits, losses, active pairs, and all the key stats at a glance. It’s a quick way to check if you’re hitting targets or if you need to tweak something.
2. Trading Strategies: From Simple to SophisticatedWe’ve packed Gunbot with a range of built-in and unique strategies that cover everything from basic spot trading to more intricate futures and hedging strategies.
- Spot Trading: For classic spot trading, Gunbot offers strategies like Gridbots, StepGrid and Gain. These strategies target incremental buys and sells, designed for regular, small gains and to keep a steady flow of trades going. StepGrid is especially popular because it’s easy to set up and doesn’t require constant tinkering.
- Futures and Hedge Trading: For futures traders, strategies like FuturesGrid and StepGridHedge come into play. These strategies work with both long and short positions, giving you the ability to hedge your bets. Futures trading can be a bit intimidating, but we’ve designed these strategies to help traders manage risk and leverage effectively.
- Indicator-Based Strategies: For those who love indicators, Gunbot offers strategies like Tenkan that use popular signals from tools like Ichimoku, Bollinger Bands, RSI, and EMA. You can adjust the buy and sell conditions to fit your approach. Tenkan, for instance, trades based on trend signals, making it great for those who prefer long-term moves but also works well in rapid market conditions.
The cool part is that these aren’t rigid; you can take any of the built-in strategies and customize them to fit your style.
3. Going Deeper: Custom StrategiesWe’ve designed Gunbot to be completely open, and this is where custom strategies come in. If you have an idea for a unique trading approach, you can create a custom strategy with JavaScript in Gunbot’s
Code Editor (or just using your own local editor of course). You might want to combine an RSI buy condition with a Bollinger Band sell target, or maybe something completely experimental. Gunbot’s editor is flexible enough to handle it all.
Creating a custom strategy is like building a new trading “recipe” based on your market experience, and it’s really rewarding to see it work in real time. You’re not limited to traditional conditions either; Gunbot lets you bring in external data, so if you have a favorite analytics tool or trading signal provider, you can pull that data directly into your custom strategy.
To make things even easier, we’ve also developed
Gunbot AI, which is designed to let traders create custom strategies from text descriptions. You type in the conditions and actions you want, and Gunbot AI generates a prototype strategy in JavaScript. You can refine it further in the code editor.
All you need to know to code custom strategies is some vanilla javascript. Gunbot provides easy methods for execution orders and getting market data.
4. Visualize Your Trades in Real-Time with the Chart InterfaceOne of the most satisfying parts of using Gunbot is watching your strategies come to life on the
Chart Interface. Powered by TradingView, this feature shows you exactly where each trade will execute based on your strategy settings. You can see your buy/sell points, trailing stop levels, and break-even prices all mapped out. It’s a perfect way to keep an eye on how your strategy performs in real-time and spot potential adjustments.
For example, if you’re running a custom DCA (Dollar Cost Averaging) strategy, you’ll be able to see where each buy order lands relative to market movement. It’s one thing to see it in a backtest, but watching it live lets you react faster and optimize on the go.
5. The Trading Settings Interface: Simplifying Pair ConfigurationsWe wanted to make it as easy as possible to configure strategies without needing to code. That’s where the
Trading Settings Interface comes in. Here, you can set up and manage your trading pairs with just a few clicks. You’ll find all the presets you need for setting up strategies, from buy/sell levels to grid sizes. It’s a good place to start if you want to experiment with different setups and see what works best for each pair.
Once you’ve dialed in settings you like, you can save them as presets. This means you can quickly apply configurations to new pairs, making it easy to scale up or apply a successful setup to similar markets.
6. AutoConfig: Making Gunbot Smarter with Adaptive RulesOne of our biggest goals with Gunbot is making it capable of adapting to live market conditions, and that’s where
AutoConfig comes in. This feature allows you to set up rule-based adjustments that automatically change your strategy settings when certain criteria are met. It’s perfect for responding to sudden market changes without having to manually adjust everything.
For example, you could set up a rule that tells Gunbot to increase your DCA levels if Bitcoin’s price drops by 5% or tighten stop levels during a price spike. With AutoConfig, you set the filters and conditions, and Gunbot takes care of the adjustments. This dynamic setup makes Gunbot incredibly powerful, especially during volatile times when opportunities come and go quickly.
7. Community & Support: Where We All Learn and Grow TogetherOne of the best parts of working on Gunbot has been watching our community of traders and developers grow. We’ve got an active Telegram community where people share everything from their latest custom strategies to troubleshooting tips. Our dev team is involved, but the community also has a lot of experienced traders who help each other out with ideas and settings. Whether you’re a new trader or an experienced one, you’ll find help and inspiration here.
Gunbot’s support team is dedicated to helping users optimize configurations, troubleshoot issues, and get the most out of the bot. And because we operate on a one-time licensing model, users get lifetime support and updates, which is rare these days. The community shares strategy templates, tips, and advice on how to best use features like AutoConfig. For anyone who enjoys experimenting and pushing the boundaries, it’s a great space to be a part of.
Modes of Operation: Real Trading, Simulation, and BacktestingGunbot isn’t just a live trading bot; it’s also a testing platform that lets you validate your strategies without real money on the line. For traders, having the option to test ideas before going live is crucial, and Gunbot offers three distinct modes to help with this:
Real Trading,
Simulation, and
Backtesting.
[list=1]
- Real Trading Mode: This is the core of Gunbot, executing actual trades on connected exchanges in real time. It’s fully equipped for high-frequency trading or long-term strategies and supports spot trading, futures, and margin trading. In this mode, Gunbot uses your real exchange account and live market data to execute trades based on your strategy. With real trading mode, you’re able to monitor every transaction and analyze live results, directly seeing how your strategy interacts with actual market conditions.
- Simulation Mode (Forward Testing): Simulation mode is perfect for “forward testing” a strategy without risking actual funds. Here’s how it works: Gunbot uses real-time market data from your chosen exchange and runs your strategy as if it were live, but it only simulates the positions rather than placing real trades. This mode is ideal if you want to see how a strategy behaves in live market conditions without the risks associated with real money. It’s a safe way to validate a new strategy, try out a custom setup, or get a feel for how Gunbot handles in unpredictable market conditions.
- Backtesting Mode: Backtesting is essential for historical strategy testing, especially if you want to evaluate performance over different market cycles or tune your strategy based on past data. With Gunbot’s backtesting mode, you can select arbitrary time frames and apply your strategy to see how it would have performed. For instance, if you’re trading Bitcoin, you could backtest how your strategy would have handled the market during a bull run, a bear market, or periods of high volatility. This mode allows you to refine settings, analyze results, and make data-driven adjustments based on performance in past conditions.
These modes give you comprehensive control over how, when, and where you deploy strategies. You’re not locked into immediate live trading—Gunbot provides the tools to build your confidence by forward testing in Simulation mode or stress-testing strategies in Backtesting mode. It’s all about finding the right setup with minimal risk before going live.
Useful Links- Gunbot: Official Gunbot website with information on features, pricing, and downloads.
- Backtesting Archive: Access Gunbot's backtesting archive for historical strategy testing and performance reviews.
- Developer Resources: Join the Gunbot developer community for resources on custom strategies and coding support.
So, What’s Next?Gunbot in 2024 is not just a trading bot—it’s an ecosystem of tools, community, and customization. We’re always listening to our users and expanding the bot’s capabilities based on what the community asks for. As crypto markets continue to evolve, Gunbot will continue adapting, integrating new strategies, adding more support for DeFi exchanges, and refining tools like Gunbot AI and our interface..
If you’re the kind of trader who wants control over every detail, or someone who just wants a tool that reliably executes trades, Gunbot has options to match your needs. I hope you’ll dive in, experiment, and share your experience with us on the forum!
Thanks for reading, and happy trading!
~Gun