This is an example of Gunbot trading with the Bollinger Bands TA (BBTA) strategy. Gunbot is a multi platform crypto trading bot.
About this strategy With this strategy you can configure at which percentage from the lower Bollinger Band Gunbot should buy, and at which percentage from the upper Bollinger Band a sell order should be placed. Orders are placed after prices first move outside the set level, then move back in.
Settings used This example uses the "pure" version of the BBTA strategy, meaning both the buy method and sell method are set to use BBTA. No additional trailing or confirming indicators are used. The following settings were different from the defaults:
HIGH_BB: 30
LOW_BB: -10
STDV: 2.1
SMAPERIOD: 30
PERIOD: 15
Full disclosure I am the author the Gunbot wiki. This content is meant only as educational material to show an example of how Gunbot can be used, disclosing the full strategy settings used.
Disclaimer While every effort has been made to ensure these simulations of Gunbot contain the same logic as Gunbot, they will not always buy or sell at the exact same time or prices as Gunbot (because of TradingView's inability to use ticker prices). This is close as you can get in TradingView to the real thing. Backtesting the past does NOT guarantee profit in the present or future.
Please don't use these exemplary settings without doing your own research. Results can vary depending on the chosen market and it's conditions.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.