What happens after you buy Gunbot / Gunbot update V9.
After choosing to buy Gunbot and purchasing your license at https://www.cryptodailytrading.com/gunbot/pricing your crypto-trading-bot adventure starts. The people from CryptoDailyTradingwill send you an email asking for your API keys, depending on which package you bought you will have to give one or multiple keys as there is one key for each exchange. It’s very important to write down your private keys somewhere safe because once you lose it you’ll have to pay a fee for a new key. You can find your API very easy on the exchange you’re using.
Once you passed your keys to the CryptoDailyTradingstaff they will activate them and send you a message containing their after-sale support. You will find different platforms and groups both from the entire Gunbot community as a private CDT group where the team helps their customers setting up their bot. The team behind CryptoDailyTrading provides full support to their customers in achieving the skills needed to run Gunbot in the most profitable way. However while mastering your settings Gunbot provides standard setup’s that don’t need much specification to get you started right away.
One of the best ways to test how your settings would react in the market before using them with real money is backtesting. Backtestingis a way to look how profitable your settings would be and to search for the best setup matching that time’s market. A tutorial and guide to start backtestingyour settings can be found at https://www.cryptodailytrading.com/gunbot/backtesting.
After finding the settings you desire you just apply them to your Gunbot and it will run them 24/7 generating steady profit’s. The only thing you have to do is look for good pairs that you can let Gunbot run on. When a certain pair starts generating less profits look for a different one and let Gunbot do his thing again. People spend hours of their life day trading, looking at their screens waiting for that one moment to buy or sell. Gunbot does that for you on a constant basis, which makes day trading possible for people that don’t have the time to spend all day behind their computers.
Your Gunbot license is a lifetime membership for both Gunbot and CryptoDailyTrading meaning that you always have someone to contact when things aren’t clear or not working properly and every update on the Crypto trading bot will automatically be applied to your Gunbot. The team behind Gunbot is constantly updating their program and looking for even more ways to generate profits. One of these examples is the V9 of Gunbot which will be released very soon, this update is for every past and future customer of Gunbot One of the main new features coming with Gunbot V9 is reversal trading.
Reversal trading (RT) is a Gunbot technique to keep on trading profitably when prices move downwards after an asset has been purchased.
The principle is to use the already invested amount of base currency to accumulate more units of the quote currency while prices are moving downwards. When prices eventually rise again, the -then bigger- bag can be sold for profit at a lower price point than without reversal trading.
Trading fees paid while in reversal trading are all accounted for.
A more detailed CryptoDailyTrading article will be released explaining Gunbot V9 and reversal trading. the update comes together with a rise in price for every customer that buys Gunbot after the release of V9 (for past customers like with every update it’s free)
Next to reversal trading, V9.4.2 brings tons of other important updates to your .
I’ll walk you through some of the most important ones
1) Gunbot enables trading on GDAX
2) Gunbot added new indicators: which allow you to use the Stochastic oscillator and per pair MFI as additional confirmation in all strategies.
3) Gunbot added the possibility of custom strategies (in beta) which makes it possible to define your own strategy based on SMA-cross, MACD or MACDH - optionally combined with MFI, RSI or Stochastic.
4) Gunbot enables pair suggestion: Based on trading volume and volatility, Gunbot suggests possible good pairs to trade on.
5) Gunbot also Updated their GUI which now not only looks way better but also works better by increasing responsiveness while reducing CPU load and memory usage. Gunbot also added Native charts which are charts based on the same data Gunbot processes, including trades visualization.
If you want to read more about the update and minor bug fixes