Buy settings

Buy settings are the primary trigger for buy orders.

Parameter Default value Description
BUY_ENABLED true Values: true or false.
Set this to false to prevent Gunbot from placing buy orders. Affects all types of buy orders.
TAKE_BUY false Values: true or false.
With this setting enabled, Gunbot will try to take any buy chance between the strategy entry point and your setting for TBUY_RANGE.

As soon as the ask price drops below the upper border of this range (called “Take Buy”), it will trail down with a range of TBUY_RANGE and place a buy order as soon as the ask price crosses up “Take Buy”. Confirming indicators in use are respected.

Normal strategy buy orders are still possible while using TAKE_BUY.

This option should not be used together with reversal trading.

TBUY_RANGE 0.5 Values: numerical  represents a percentage.
This sets the buy range for TAKE_BUY.

When set to 0.5, the initial trailing stop is set 0.5% above the entry point defined by BUY_LEVEL.

BUY_LEVEL 1 Values: numerical  represent a percentage.
This sets entry point for TAKE_BUY at a percentage below the lowest EMA.

When you set this to 1, the entry point will be set 1% below the currently lowest EMA.

Sell settings

Sell settings are the primary trigger for sell orders.

Parameter Default value Description
SELL_ENABLED true Values: true or false.
Set this to false to prevent Gunbot from placing sell orders. Affects all types of sell orders.
TAKE_PROFIT false Values: true or false.
With this setting enabled, Gunbot will try to take any possible profit between the break-even point and your strategy exit point. This can be useful, for example, on days where the markets move very slowly.

It works by trailing prices upwards between the break-even point and the strategy exit point, with a configurable range for trailing: TP_RANGE. A sell order will be placed when the trailing stop limit is hit or strategy sell conditions are reached. Confirming indicators in use are respected.

Sells at minimal loss are possible when using TAKE_PROFIT, acting as a sort of mini stop loss.

This option should not be used together with reversal trading.

TP_RANGE 0.5 Values: numerical  represents a percentage.
This sets the sell range for TAKE_PROFIT.

When set to 0.5, the initial trailing stop is set 0.5% below the break-even point.

TP_PROFIT_ONLY false Values: true or false.
Enable this to only allow sell orders above the break-even point.

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