This strategy can be used for pairs that move up and down between a predictable price range for longer periods. You set fixed prices at which Gunbot should buy and sell, Gunbot will buy or sell as soon as the exact target is hit or exceeded.
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 at a specific price only when RSI is 30 or lower.
This strategy can be also used to trade purely on signals from confirming indicators, by setting unrealistic buy and sell prices.
Warning: This strategy has no
GAINprotection. Be aware that this can lead to sell orders below your break-even point.