The https://www.beaxy.com/ interface may be supplied through https and is designed for mobile devices. You may manage your trading methods, assign them to commerce pairs, and make quick modifications using the UI. All recent trades and secure crypto wallet balances are displayed on the dashboard. It is simple to optimize your custom strategies using this commerce visualization and generate profits. You can manually place orders through the Gunbot interface if you don’t want to wait for the bot to do so.
This Gunbot BTC package contains all that you need in order to start using Gunbot on one crypto exchange. I would much prefer to just use good money management principles from the get go. Some may be happy to take the risks that grid trading can present. Of course, you should trade in a way that you feel comfortable with. This is an attempt to convert gunbot’s SG strategy into a proper TradingView strategy. The problem is that SG Sell Level relies on % above purchase price, which we don’t actually know in TradingView.
Our Review of Gunbot – Quick Verdict
For example, a trading bot may not take into account economic news releases that could have a significant impact on market volatility. For the majority of order types, price trailing can be utilized to determine the best entry and exit locations. For instance, let’s say you’ve established a purchase strategy that calls for buying when prices reach the lower Bollinger band. As soon as the price reaches the bottom band, a purchase order is placed without further trailing.
You will often find that NPM will already have a module for each method of analysis that you can use. You can even use alternative data sources in addition to the data coming directly from the exchange. If you have the skills and knowledge to implement your own modules into Gunbot, you can install external JS modules and use them in your strategy code. The maximum computing resource usage is only limited by your own hardware. Get Notified – to receive push notifications for every trade the bot executes. Monitor Trades – to easily view all trading actions and filter by pairs.
Are you new to gunbot settings and feeling overwhelmed by all the options out there? That’s why I’m excited to share a simple yet effective strategy preset with you today. As you see in the image above, the settings are based on a 500 USDT test wallet with no other pairs active. So use that as a reference so you can adjust your settings based on your wallet size and preferences. There is no GUI strategy editor yet for the stepGridHedge strategy, so start by setting both the short and long pair on your config.js file, as you see in the picture below.
They can run unlimited instances of Gunbot, creating as many custom strategies as they like with as many configuration changes as needed. There are no limits on the number of trading instruments that you can trade simultaneously with Gunbot. You can trade a single or more than a hundred markets at once. Gunbot has a professional support service via its dedicated team of customer support members. Users can reach the team via email support tickets to help them navigate the app or solve whatever issue they may have when using the app. Moreover, they can leverage its video courses from the Gunbot school or talk to the expert members of the growing user community to solve common issues.
It can run on your local machine, whether that be Windows, macOS, Linux or Raspberry Pi. Gunbot should not collect any data about the trades that its users make as it is not a cloud service. Trades should therefore remain private between the user and crypto exchange.
I just published Gunbot Bollinger Bands Strategy Settings Ultimate Guide — CryptoDROI https://t.co/3NWpAhpaRD
— CryptoDROI (@CryptoDroi) May 30, 2021
All in all, I applaud the Gunbot developers and community for creating an innovative crypto trading tool that is compatible with over 100+ exchanges. If you would like to find out more, please feel free to visit the official Gunbot website using the link below. By now, you should have a great idea of what Gunbot is and how it works. Perhaps you are closer to making a decision if it is something that you would like to start using. For me, Gunbot offers a great way to develop custom crypto robots and use premade automated crypto strategies. I like the fact that the Gunbot developers has made a range of different packages available for traders to choose from.
Hodlbot is one of the best cryptocurrency trading bots that help you to manage your trades with a user-friendly dashboard. With this software, you can create a portfolio of more than 350 coins and easily customize your portfolio according to your need. This bot allows you to rebalance your portfolio easily, and the price starts from $3 a month.
There are no restrictions on the number of trading pairs or the number of execution times for a particular strategy. You need to download the app with Gunbot and then configure the bot with the API key that you obtain from the exchange. You’ll then have to customize the bot based on your requirements for trade. For instance, you can choose the currency pair you want to exchange, how much you want to invest, and then set the strategy.
Best Crypto Trading Bots for Automated Trading
When the price rises, it sells the accumulated amount for profit. The highest level license for Gunbot, the package, grants access to all functionalities. Anytime you want, you can switch between supported exchangers.
The pair will now trade for as long as the controller allows, eventually it will remove it after it fully sold its assets. You can join our Telegram group with thousands of users who use the bot every day who are happy to share their experience with it. Even though all the scripts provided here include setup instructions, they’re mostly intended for advanced users. This is the official public repository where Gunbot community members share or sell their scripts for Gunbot. A sell order is placed when the bid price crosses under ATR short and price is above the break-even point.
Even better, you can adjust one gunbot settings’s settings while keeping an eye on another. Gunbot website and crypto tools support heterogeneous functionality, thus it can run on ARM, Windows, mac OS, or Linux-based devices. The user can access the Gunbot from any device because the software license is not connected to any particular device. The required specifications for one boot instance are 2GB RAM, 10GB free disk space, and 64-bit CPUs.
Is Gunbot Easy to Use?
Yes, the app is easy to use. With a hassle-free registration and explanation of all features available on the app, users can easily use this robot for trading.
You can use the contact form or send an email with your questions to They strive to offer absolutely awesome support without charging more. Their customer service system is responsive and helpful, and it is almost always accessible worldwide for any sort of investment advice. Even the most recent reviews give its customer service a high grade. We have verified lots of Gunbot reviews and found their customer support is exceptionally good. You have the option to design your own plan or use one of the predefined ones. The trading limit, which determines how much money Gunbot will invest per trade, is the minimum parameter that must be changed.
The upper limit, called ATR long, is calculated by adding the result of ATRX to next rounds ask. The lower limit, called ATR short, is calculated by substracting the result of ATRX from next rounds bid. Using the configurable ATRX multiplier for ATR, a lower and upper limit are calculated.
- The step grid method behaves this way because it only needs to confirm that the price has moved in a particular direction.
- Although, prices listed in Bitcoin payment are also done with 300+ altcoins, stablecoins, and PayPal.
- Using lower values might cause the step size to swing too fast.
- Gunbot integrates with the biggest and most reputable cryptocurrency exchanges, and its automatic trading systems support a wide range of digital assets.
- You can even use alternative data sources in addition to the data coming directly from the exchange.
Additionally, you get access to AutoConfig, a special function that enables you to automate configuration changes such as adding pairings and altering strategy settings. In most cases, it is the best option for a feature-complete bot if you’re unsure about which bundle to purchase. All of Gunbot’s spot and futures trading strategies are available to traders.
In addition to creating your own crypto robots with Gunbot, it also comes with hundreds of configurable strategy options that you can choose from. Some strategies like stepGrid are already fully tuned, you just need to turn the bot on. The great thing about developing custom trading strategies is that you have complete freedom. Basically, the bot uses traders’ existing buy orders to accumulate more units of the quote currency after prices have moved downwards. So, when a coin price keeps dropping or going sideways at a lower level than the initial order, the bot can keep accumulating profits by continuously buying and selling.
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GunBot users have a large community that is constantly sharing their crypto trading strategies with each other. GunBot, unlike other trading bots, is software that must be installed and configured. It’s not a cloud service you can access through your browser. Our GunBot review will help determine if GunBot is the right tool for you. Automate your trading to achieve better and more consistent results.