Gunbot Review 2023: Accelerate Your Crypto Trades!

The platform offers an aggressive referral program via its affiliate network. Affiliates receive rewards in the form of GUNTHY tokens for every new user they help sign up to TheCryptoBot.com. All content on CaptainAltcoin is provided solely for informational purposes.

Bollinger Bands, and those strategies can be customized and modified by adding trading indicators like RSI, MFI, ADX etc. Installing Gunbot on your PC is a prerequisite for using it. Windows, Linux, macOS, and Raspberry Pi all support it. Simply unzip the software package and run it to complete the installation. There is no further installation procedure because Gunbot is portable. You can access the interface on your browser after launching Gunbot.

Gunbot Pro

First, sgs stands for https://www.beaxy.com/gridscalp, which is the latest iteration of the Gunbot stepgrid strategy series. Are you new to Gunbot 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. Gunbot is includes add-ons like Backtesting Addon and TradingView Addon, which allows Gunbot to execute external trading signals.

There is no need for a subscription for their automated trading systems. For Gunbot Lifetime BNB updates and licenses, all the novice users need to pay a one time license fee. When you wish to speed up your cryptocurrency trading, Gunbot is an ideal free crypto commerce option with lifetime license. Automated trading bots are all the rage as people try to recover their portfolios after the latest market downturn. Historically, hodling and weathering the storm has proven to be the most profitable long-term approach.

• As of Sep 29, 2022, the strategies at OBC have achieved a 312.5M aggregated traded volume at a monthly outperformance of +3.62% against the market.
• Read on to find out how these products fit into trading and how each helps you increase your efficiency and earning potentials.
• Our goal is to make it possible for everyone to have access to the most advanced crypto trading algorithms.
• When you wish to speed up your cryptocurrency trading, Gunbot is an ideal free crypto commerce option with lifetime license.
• Gunbot allows investors can create unique bots to enter buy and sell orders 24/7 using preexisting data and trading strategies.

Monitor Trades – to easily view all trading actions and filter by pairs. In addition, the software download and updates are free. A computer with 2GB RAM storage, 10GB free disk space, and a 64-bit CPU is required to run the bot. Below a few screenshots of trading behavior of this strategy preset. Gunbot offers support via business hours, 24/7 live support, and online. For small and medium sized businesses utilizing any online software looking to automate processes and scale their company.

Supported Exchanges

Gunbot has several pre-configured strategies that are ready to use after making minimal configurations like position size, so they can be user-friendly even to novice traders. Gunbot can trade any asset or market supported by your exchange, and both margin trading and trading fees will also depend on your respective exchange. Based on our Gunbot review, the platform appears relatively complex. Beginners may have difficulty adapting to the platform initially, but experienced users will become more comfortable with the app over time to get the most out of it.

There are some exotic-sounding strategies like Emotionless, MACDH, and Pingpong. They are all configurable and work across a range of timescales. Technical analysis freaks could lose themselves for a month. Options Bot – Knowing what you are doing is the key here if you don’t want to get REKT. 3Commas have excelled in their explanation of longs, shorts, and straddles.

This is where trading strategies can easily be purchased and sold. Our backtesting tool allows you to see how your strategy would perform under different market conditions. We provide an API that allows developers create fully featured trading algorithms. Our automated trading platform can backtest trading scripts written in CoffeeScript using historical data.

Making money with an affiliate network is a quick and simple process. All Gunbot strategy options are included with the Pro license. You always have control over which exchange you utilize your bot because of the API slot system. With this plan, switching to a different exchange or API key is simple and cost-free. Additionally, you get access to AutoConfig, a special function that enables you to automate configuration changes such as adding pairings and altering strategy settings. The amount of base currency to invest per trade might be limited per pair.

Stacked allows anyone to in crypto indices and access trading bots. We simplify crypto investing so it doesn’t have too many steps. With just a few clicks, you can instantly allocate any percentage of your portfolio into a pre-built coin index. You can instantly access several trading bots that have been created by top traders. These bots can open and close long and small positions on your favorite futures trading platform. Our custom backtesting engine can show you the most profitable strategy for historical rebalancing and enable you to instantly enable rebalancing.

All you have to do is add your Gunthy wallet in the config js file and choose how many pairs you want to trade. Here are a few extra settings you can implement with the step grid strategy. When the price moves up one step while below break-even, it automatically starts selling, trailing, and places a sell order when the trailing finishes. Below break even, each sell order is 1x the “Trading Limit” in size. Price action trading is about understanding the imbalance between buying and selling pressure so you can identify trading opportunities and make a profit.

StepGrid Trading Behavior with Auto Step Size

The idea of this strategy is to trade small price movements. You can choose between two-step size options — Auto and Manual, while the trailing price is fully automatic and takes place on every step, either up or down. The automatic trailing from the SpotGrid strategy family is now available on the Gunbot StepGrid strategy, too, on both buy and sell orders. Pim developed a system that would adjust your STEP automatically as the pair swinging range contracts or expand.

Join our Telegram chat to receive training and support. You don’t have the obligation to believe that our Cryptocurrency Bot is the best. The Cryptobible is a guide that will give you an overview of cryptocurrency. The Wealthybot support documents answer any questions you may have about the system. A software program capable of trading cryptocurrencies on cryptocurrency exchanges on a BTC users behalf.

• Configuration files contain details about the Stellar account as well as the strategy.
• Calling this method leads to significant additional API usage, because candle data in 15m, 1h and 4h timeframes gets requested.
• Therefore, all users must pay a fee before opening an account.
• Gunbot integrates with the biggest and most reputable cryptocurrency exchanges, and its automatic trading systems support a wide range of digital assets.
• Basically, the bot uses traders’ existing buy orders to accumulate more units of the quote currency after prices have moved downwards.

365 day backtests, 15% commission on profit upto $100/mo max. On top of that BravoBot will have features that will enable users to comfortably deploy strategies due to the ability to test them with no risk. HedgewithCrypto aims to publish information that is factual, accurate and up to date. The information about a specific cryptocurrency exchange or trading platform in reviews and guides may differ from the actual provider’s website. On inspection of the Gunbot website, there was no information on the security measures.

Instead, the trading bot executes buy and sell orders based on the preferred settings configured and ultimately carries out more efficient and profitable trades. Run the Gunbot trading core to get your trading done, then start relaxing while the bot handles the trading. Telegram notifications are available for the trades that Gunbot made.

Gunbot constantly evaluates active trading pairs and replaces the worst performers with better ones it automatically detects on the market. Selecting a trading pair is often one of the most tedious tasks for a trader; Gunbot is able to do this for you. GUNBOT is a great option for anyone looking for a lifetime bot.

The same principle works on basically any situation the step Grid can encounter. It fires an order in the direction that is either profitable or will not incur a loss by firing the order. Remember that this strategy works with Stop Loss, so when a stop-loss is used in this setup, it can sometimes lead to lost sell orders. Due to how compounding operates, it is difficult for the bot to combine trades with different limits on the same account.

The gunbot trading strategies website and built-in tools can function on multiple computer platforms and operating systems. The app can run on ARM, Windows, mac OS, or Linux-based devices. That means users can access the platform from any computer because the software is not particularly licensed for any specific device. However, Gunbot is not cloud service based so the application can only function on the user’s computer which means its accessibility is limited. There are many add-ons and extra features that users can benefit from using Gunbot, and backtesting is one of them.

This enables the use of Pine script at TradingView for fully customized tactics. A few safeguards are possible with the add-on, like ensuring that sell orders occur above the break-even point and fulfill the exchange minimum trade volume. The add-on can also be utilized in mixed mode, which involves running TradingView alerts in addition to a Gunbot strategy. The overall number of active trading-pair services that can be added in this crypto trading software installation is unlimited. Building even further on stepgridhybrid, this strategy tries to find a balance between scalping and grid trading .

Gb.modulesPath returns the path to whereever your gunbot folder is on your filesystem. Then select ‘custom’ as strategy when adding or modifying a pair. The following examples show a few possible ways to code simple strategies. They are silly in functionality, and are not usable for actual trading. Each next example requires a bit more JavaScript knowledge.