Gunbot v10 feature overview

Supported platforms / system requirements

Supported exchanges

New exchanges are regularly added. Next up: Bitmex and Huobi.

Browser interface

Gunbot comes with a built-in browser interface that is setup in seconds. You can safely access the interface on your local machine, or open up access from the internet. The interface supports two factor authentication and can be served via https.

Using the interface, you can easily manage your trading strategies,assign them to trading pairs and make changes on the fly. The dashboard shows all recent trades and wallet balances.Additionally you can view detailed charts built with the data Gunbot collects from the exchange, trades made are shown in these charts. This visualization of your trades makes it easy to optimize your trading strategies.

In case you don’t want to wait for the bot to place an order, you can place manual orders directly in the Gunbot interface. This also allows for manually averaging down, as Gunbot works with the average price paid for assets – regardless if Gunbot placed an order of you did so manually.

Trading pairs

Strategies

Buy & sell methods

Gunbot offers 15 different methods for executing orders. All methods can be freely combined in a custom strategy, for example you can setup Gunbot to purchase an asset at a percentage from the lower Bollinger Band, and sell that asset with a trailing stop / stop loss method.

Methods are the main trigger for an order. Additionally you can use a set of confirming indicators to specify the conditions you want to allow trading for. Every method can use a configurable stop limit.

A wide range of candlestick periods can be used. Select methods allow for pyramid buying.

Available methods:

Confirming indicators

To refine your trading strategy, you can configure confirming indicators which restrict your buy/sell method to trading only when certain indicators are within a range you configure. For example: only allow buy orders when RSI is 30 or lower.

The period settings for every indicator are fully configurable.

Available confirming indicators:

Additional trailing

Additional trailing can be used for most types of orders,allowing for reaching optimal entry- or exit points.

For example: you have set up a buy method based on buying when prices reach the lower Bollinger band. Without additional trailing a buy order is placed as soon as price hits the lower band. With trailing, Gunbot follows prices as they move down even further, and only buy once the trailing stop is hit while price is still at or below the lower Bollinger Band.

Types of orders that allow for additional trailing:

Dollar cost averaging (DCA)

Double up is a Gunbot method for automatically averaging down assets, also called dollar cost averaging or DCA. This allows you to reach a lower average price per unit when prices move down, making for a lower possible profitable exit price.

The behavior of DCA is highly configurable. You can set the following options:

Reversal trading

Gunbot can automatically accumulate quote currency when prices move down, without investing more than the initial buy order. This feature is called reversal trading and can help bring down the break-even point for your investment.

With reversal trading, Gunbot will sell quote units owned at a configurable percentage price drop, then buy back more quote units using only the funds acquired from the previous sell order. This process can keep repeating while prices move down further, or even when the market goes sideways after an initial drop.

While accumulating, Gunbot keeps track of the trading fees paid during the process. As soon price hits the break-even point, it will continue with regular trading.

Balance options

You can set per pair limits for the amount of base currency to invest per trade. The trading limit can be set as an absolute amount, or as a percentage of available base currency.

When selling, you can choose to sell all quote currency, or keep a number of quote units.

Gunbot can be set to ignore “dust”: small holdings below theexchange minimum trade size. 

A funds reserve feature is available to keep an absolute amount of base currency reserved at all times.

Optionally, you can automatically withdraw profits made in BTC.

Trade notifications via Telegram

Gunbot can send push notifications via Telegram for each trade it places. Optionally, it's possible to manually confirm these orders via Telegram before they are sent to the exchange.

Optional: TradingView add-on

The TradingView add-on makes Gunbot execute trading alerts sent from tradingview.com.

This allows for fully custom strategies, using pine script at TradingView. The add-on allows for a few protections, like making sure sell orders happen above the break-even point and meet the exchange minimum trade volume.

The add-on can be used in a mixed mode too, where both a Gunbot strategy is executed and TradingView alerts are being executed for the same trading pair.

Optional: Backtesting add-on

The backtesting add-on allows for backtesting of all strategy parameters available in Gunbot.

Backtesting takes place on tradingview.com, which offers a powerful engine to backtest and visualize tested trading performance. As long as tradingview.com supports the exchange you trade on, historical data for backtesting is available for every available coin pair at the exchange.

Gunbot strategies are completely emulated in this add-on, with the exception of a few methods that cannot be replicated (like the time series analysis method).

Optional: CryptoSight add-on

CryptoSight is a Telegram bot offering detailed trading statistics for trades made through Gunbot.

It can send notifications for filled trades, show detailed performance statistics per trading pair or for your whole portfolio. Additionally, CryptoSight can be used to send manual trade orders right through Telegram.

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