Gunbot offers 15 different methods for executing orders.
You can freely combine these methods to a custom strategy, for example you can setup Gunbot to purchase an asset at a percentage from the lower Bollinger Band, and sell that asset with a trailing stop / stop loss method.
Methods are the main triggers for trades, on top of that you can use a number of confirming indicators (like RSI, StochRSI, ADX, etc) and trailing to specify trade conditions. Every strategy can use risk management tools like stop loss, DCA, automatically stopping trades after a stop loss or number of winning trades, etc.
A wide range of candlestick periods can be used. Some trading methods allow for buying multiple times.
Trading methods:
- Average Directional Index (ADX): define a minimum ADX level that needs to be reached before trading.
- Average True Range Trailing Stop (ATRTS: a method using the ATR indicator to provide a configurable trailing stop.
- Bollinger Bands - percentage distance from bands: trade when price reaches a configurable percentage from the lower or upper Bollinger Bands.
- Bollinger Bands - crossover: trade when price crosses over a configurable percentage from the lower or upper Bollinger Bands, after first moving outside of it. Available for Gunbot Starter edition.
- EMASPREAD: trade when the spread between slow and fast EMA increases / decreases. The minimum required spread is configurable.
- Emotionless: "just works" method, hardy any configurable parameters. Perfect for novice traders. Available for Gunbot Starter edition.
- Gain: buy at a configurable percentage below EMA, sell when a set percentage above the break-even point is reached. Available for Gunbot Starter edition.
- Ichimoku: trade on crossings of Kijun Sen and Tenkan Sen. The cloud (Kumo) can be used as optional confirmation.
- MACD: trade on crossing of the MACD line and the signal line.
- MACDH: trade on crossing of the MACD-Histogram and the zero line.
- PingPong: buy and sell at exact configured prices.
- Stepgain: using a built-in trend watcher, trade when a downtrend turns into an uptrend and vice versa.
- SMACROSS: trade on crossings of the slow and fast simple moving averages.
- Time series analysis: attempts to predict the next period close price, trades when the forecast is higher/lower than the current price.
- Trailing stop / stop limit: using configurable trailing ranges for buying and selling, prices are trailed for optimal entry and exit points. Orders are placed when the trailing stop is hit.