The emotionless strategy is perfect for beginners. It does not require any type of knowledge about trading or the Gunbot itself. No need to configure different settings, only the trading limit is necessary, the bot does everything else!
Emotionless gives the opportunity to traders to make modest profits with a relatively safe strategy. An algorithm based on the Ichimoku cloud indicator helps the bot to choose when to buy and sell.
This strategy does not require a lot of configuring and works with an algorithm based on the Ichimoku cloud indicator. Gunbot looks for optimum entry and exit points to buy and to sell, which can take a certain amount of time. Entry and exit points consider tenkan sen, kijun sen and kumo sentiments.
The Ichimoku strategy is meant for long term trading; don't be surprised if there are long timeframes between buying and selling!
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.
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.
Gain is a simple and effective strategy which allows you to sell when the price is a defined percent higher than the price it bought. It is often combined with another strategy that is used to buy but this can also be managed by the gain strategy. When using Gain as a buying strategy, it will buy at a fixed percentage below the lowest EMA at that moment.
In contrast to the Gain strategy, which sells at a fix percentage above the bought price, Step gain gives the opportunity to ride a wave when the price goes up and sell when the trend reverses. A range of desired minimum and maximum profit has to be set in the Gunbot so that it can sell in this range.
Buying with the Step gain strategy is also possible and also works with a range. You define a range below the EMA where the bot may buy; as soon as the trend changes from going down to going up, Gunbot buys.
The TSSL strategy allows you to make bigger profits. The Gunbot will not sell as long as the price goes up, once it drops, Gunbot will immediately sell. It works based on trailing stop limits that have to be hit before the bot can place a sell order.
Buying with this strategy is also possible; Gunbot will start trailing under the EMA for the best buy price. The trailing is similar to the trailing for selling.
Ping pong allows you to set a specific buy and sell price. It gives the opportunity to automate the trading and is effective with pairs that hit the same resistance and support prices repeatedly.