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
- Description
- Values
- Order types
- Name
Set this to false to prevent Gunbot from placing buy orders.
Values: true or false
Default value: true
Affects | Does not affect |
---|---|
Strategy buy | Strategy sell |
DCA buy | Stop limit |
RT buy | Close |
RT buyback | RT sell |
Parameter name in config.js
: BUY_ENABLED
Buy Level
- Description
- Values
- Order types
- Name
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.
Values: numerical, represents a percentage.
Default value: 1
Affects | Does not affect |
---|---|
Strategy buy | Strategy sell |
Stop limit | |
Close | |
RT sell | |
DCA buy | |
RT buy | |
RT buyback |
Parameter name in config.js
: BUY_LEVEL
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
- Description
- Values
- Order types
- Name
Set this to false to prevent Gunbot from placing sell orders.
Values: true or false
Default value: true
Affects | Does not affect |
---|---|
Strategy sell | Strategy buy |
Stop limit | RT buy |
RT sell | RT buyback |
Close | |
DCA buy |
Parameter name in config.js
: SELL_ENABLED
Gain
- Description
- Values
- Order types
- Name
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.
Values: numerical – represents a percentage.
Default value: 0.5
Affects | Does not affect |
---|---|
Strategy sell | Strategy buy |
RT buy | |
RT buyback | |
RT sell | |
Close | |
DCA buy | |
Stop limit | |
Parameter name in config.js
: GAIN
Indicator settings
Relevant indicators for trading with emotionless.
These settings have a direct effect on trading with emotionless
.
Period
- Description
- Values
- Order types
- Name
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.
Values: numerical– represents candlestick size in minutes.
Default value: 15
Affects | Does not affect |
---|---|
Strategy sell | RT buy |
Strategy buy | RT buyback |
DCA buy (when using an indicator to trigger) | RT sell |
Close | |
Stop limit |
Parameter name in config.js
: PERIOD
Slow EMA
- Description
- Values
- Order types
- Name
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).
Values: numerical – represents a number of candlesticks.
Default value: 16
Affects | Does not affect |
---|---|
Strategy buy | RT buy |
RT buyback | |
RT sell | |
Close | |
Stop limit | |
Strategy sell | |
DCA buy |
Parameter name in config.js
: EMA1
Medium EMA
- Description
- Values
- Order types
- Name
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).
Values: numerical – represents a number of candlesticks.
Default value: 8
Affects | Does not affect |
---|---|
Strategy buy | RT buy |
RT buyback | |
RT sell | |
Close | |
Stop limit | |
Strategy sell | |
DCA buy |
Parameter name in config.js
: EMA2