Hedging for Gunbot Spot Trading

However, like other trading bots, Gunbot is far from perfect. The crypto bot has some downsides, such as a difficult user experience for setting up a bot and placing trades. Due to the platform’s complexities, it’s more suitable for experienced traders. Gunbot provides 20 various ways to execute orders, and you can combine any of them to create unique trading strategies.

If you use the https://www.beaxy.com/ (please read the /config/autoconfig-instructions.txt before enabling) provided, and once you have added your Binance credentials, the BOT will start trading. Excellent support all the way from purchase to getting the bot up and running. 24 hour support via their telegram group and always friendly and willing to assist no matter how many times the same questions get asked. The support is always there to help and very knowledgeable about the product. What makes it great is there exist a small community of members that share experiences and assisting each other to make the setup and using of Gunbot easier. It comes over as a bit cliquey and not very tolerant of people that have genuine concerns on how trading strategies work for them.

Does GunbotWork?

They made sure that I was able to get everything up and running and that I understood everything . Spending all that gunbot trading on a piece of software was a bit scary but they made it very smooth and fairly easy. I went with gunbot.shop for the great price but had I known about the amazing support I would have happily paid more.

Certain people appear to be easily offended if they think you’re casting aspersions on the veracity of their application (even if you didn’t). There should be a few things called out during the purchase process on how the licensing is truly applied. I wasn’t setup appropriately beforehand so right now I don’t have my gunthy tokens in a wallet to enable my bot and am currently in limbo on how to obtain them.

04 BTC

To enable trade notifications, enable these in the settings menu inside the Telegram bot. Bollinger Bands, and those strategies can be customized and modified by adding trading indicators like RSI, MFI, ADX etc. One time payment with a life-time of software upgrades, premium human support and community special perks . However, to be able to run it and learn it it is necessary a lot of pacient and time.

You can then start running Gunbot and it will handle the market analysis and trading for you. You can choose to receive notifications via Telegram for the trades Gunbot has made if you wish. You then choose the instruments that you would like Gunbot to trade.

Custom Gunbot Trading Strategies

is a community developed crypto tool for trading automation, with an active and private Telegram community. It implements innovative trading automation so that anyone can easily create their own powerful crypto bots. This way, traders can automate their trading strategies with speed, extreme flexibility and the help of an ever-expanding user community. The Gunbot website and built-in tools can function on multiple computer platforms and operating systems. The app can run on ARM, Windows, mac OS, or Linux-based devices. That means users can access the platform from any computer because the software is not particularly licensed for any specific device.

They will be happy to answer any technical, trading or general question that you may have. Gunbot can automatically accumulate quote currency when prices move down, without investing more than the initial buy BNB order. This feature is called reversal trading and can help bring down the break-even point for your investment.

Gunbot Crypto Trading Bots

Additionally, you get access to AutoConfig, a special function that enables you to automate configuration changes such as adding pairings and altering strategy settings. Run the Gunbot trading core to get your trading done, then start relaxing while the bot handles the trading. Telegram notifications are available for the trades that Gunbot made. You can concentrate your time improving your general approach to boost your trading profits rather than manually setting orders. While you concentrate on how to maximize your market profit, let Gunbot handle the tedious work. Gunbot’s inventive methods, quickness, incredible versatility, and fantastic user community set it apart from other bots.

I would much prefer to just use good money management principles from the get go. Some may be happy LTC to take the risks that grid trading can present. Of course, you should trade in a way that you feel comfortable with.

Gunbot: The most advanced Crypto Trading Bot

There is no restriction on how many pairs you can trade at once. For traders just getting started with trading bots or automated strategies, we recommend checking out Pionex instead, as it’s free and exceptionally user-friendly. Yes, the Gunbot app works for users to customize bots and trading strategies and share these strategies with other traders on the platform. This config bundle offers completely autonomous trading with the stepGrid strategy. You set a few basic settings like how many pairs to trade, the script handles everything else. Gunbot is a software that allows users to create, customize and automate trading strategies for crypto markets.

All the packages are priced in bitcoin with no subscriptions or recurring costs. You can upgrade to another package at anytime by paying the difference. You can set per pair limits for the amount of base currency to invest per trade. The trading limit can be set as an absolute amount, or as a percentage of available base currency. Gunbot added grid strategies in an attempt to make it easier to use than it ever has been. To set up grid trading, you need choose the amount you would like to use and maximum number of traders.

This platform works on multiple exchanges services such as Bittrex, Binance, Kraken, and Poloniex. With a single installation, users can trade on different exchanges at the same time. With a premium account, users can use unlimited trading pairs and trade any cryptocurrency of their choice.

• I entered the wrong format of my trading pair (USD-BTC) instead of (BTC-USD) as it appears on my exchange and my bot had an error.
• A variety of config variables and presets for bullish and bearish market conditions.
• Gunbot won’t make you instant money but it will make trades based upon the parameters you give it.
• Trality is the platform for anyone to create and invest through automated trading bots.
• This enables traders to achieve a lower average price per unit as prices decline, resulting in a lower potential exit price that is lucrative.