This is an example of Gunbot trading with the Gain strategy.
Note
About this strategy This strategy is based on EMA, enabling Gunbot to buy when the price reaches a percentage below the lowest EMA and sell as soon as a set percentage of gain is reached.
Settings used This example uses the "pure" version of the Gain strategy, meaning both the buy method and sell method are set to use gain. No additional trailing or confirming indicators are used. The following settings were different from the defaults:
BUY_LEVEL: 0.4
GAIN: 0.6
EMA1: 8
EMA2: 4
Full disclosure I am the author the Gunbot wiki and I'm a Gunbot reseller at https://www.awesome-gunbot.com This content is meant 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.