This strategy is based on EMA, enabling Gunbot to buy when prices start moving up – indicated by the spread between fast and slow EMA decreasing. Selling takes places when prices start moving down again, indicated by the spread decreasing again.
The spread is calculated each cycle by substracting the lowest EMA value from the highest EMA.
To refine this strategy, other indicators are available to be used as confirmation for both buying and selling. For example you could have Gunbot buy when the EMA spread starts decreasing and RSI is below 30.
Warning: This strategy has no
GAINprotection. Be aware that this can lead to sell orders below your break-even point.