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Emotionless

The Emotionless method is tuned and ready to use, even for novice traders! It's meant to be a relatively safe method that buys the dip, and sells at a modest profit.

The specifics for how this trading method exactly works will not be disclosed.

Buy settings

Buy settings are the primary trigger for buy orders. These parameters control the execution of buy orders when using emotionless as buy method.

Buy enabled

Set this to false to prevent Gunbot from placing buy orders.


Buy Level

This sets the target for buying at a percentage below the lowest EMA.

When you set this to 1, the target for buy orders is 1% below the currently lowest EMA. Due to trailing, it is possible Gunbot will buy slightly higher than the target.


Sell settings

Sell settings are the primary trigger for sell orders. These parameters control the execution of sell orders when using emotionless as sell method.

Sell enabled

Set this to false to prevent Gunbot from placing sell orders.


Gain

This sets the minimum target for selling. Gunbot will sell once price reaches the set percentage above the break-even point. and HIGH_BB is reached.

If you want to have at least 2% profit per trade, set this to 2.


Indicator settings

Relevant indicators for trading with emotionless.

These settings have a direct effect on trading with emotionless.

Period

This sets the candlestick period used for trading, this affects all indicators within the strategy.

Only use supported values. The trading settings editor suggests valid values for the selected exchange..

Setting a short period allows you to trade on shorter trends, but be aware that these will be noisier than longer periods.


Slow EMA

Set this to the amount of candlesticks you want to use for your slow EMA. The closing price for each candle is used in the slow EMA calculation.

For example: when you set PERIOD to 5, and want to use 2h for slow EMA – you need to set EMA1 to 24 (24 * 5 mins).


Medium EMA

Set this to the amount of candlesticks you want to use for your medium EMA. The closing price for each candle is used in the fast EMA calculation.

For example: when you set PERIOD to 5, and want to use 1h for medium EMA – you need to set EMA2 to 12 (12 * 5 mins).