Learn how to use Gunbot Gunbot docs

According to our Gunbot review, the platform is better suited for sophisticated investors with a deep understanding of technical analysis and basic coding. This is a downside for beginners that may prefer simpler trading bots. Nevertheless, Gunbot makes up for this with a backtesting account that beginner traders can leverage for a more practical approach before deploying the bot with real funds. Gunbot’s website does not include information on the success rate of its in-built trading bots. However, automated crypto trading software can amplify potential profits and losses. Going by many user testimonials and online reviews, the trading bot successfully delivers on its promise but the actual results of individual traders is unknown.

All of Gunbot’s spot and futures trading strategies are available to traders. The primary features included in the bundle are Plug & Play and Auto Config. You can trade as many trading pairs as you want at once, such as USD-BTC and BTC-LTC. Basically, the bot uses traders’ existing buy orders to accumulate more units of the quote currency after prices have moved downwards.

How Does Gunbot Work?

This helps newcomers with limited crypto experience get started trading. Gunbot uses a combination of technical indicators and market analysis to determine when to buy and sell cryptocurrencies. Traders can customize the bot’s trading strategies according to their specific needs, which helps them make predictable trades to maximize their profits. Gunbot is a versatile trading bot for most popular crypto exchanges. It runs on your own computer or server and has a XLM gunbot guide life time license model.

• Professional traders can open multiple order types using any trading strategies, including stop-limit and market orders, to have more control over their investments.
• Once you’ve decided on your plan and exchange, the procedure is rather straightforward.
• There is a little bit of a learning curve if you have never used a bot or know what Bollinger bands are.
• Thanks to the team that put all this together for crypto traders.
• Suppose you want to make money in crypto trading in the long run.

Users can reach the team via email support tickets to help them navigate the app or solve whatever issue GMT 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. A self-service option allows users to set up their API keys for trading easily. Gunbot is an ideal platform for crypto traders that want to automate aspects of their trading using built-in algorithms and bots. The platform integrates with 100+ exchanges, including industry giants like Binance and Coinbase Pro.

If you have any more questions don’t hesitate to contact the CDT team.

Gunbot’s one-off fees are denominated in Bitcoin, which may not be suitable for everyone and will fluctuate with the rise and fall of the Bitcoin price. It should be noted that most exchanges connected to Gunbot will charge trading fees. However, some exchanges on Gunbot don’t require an API key to be registered.

For both novice and experienced traders, Gunbot with lifetime licenses is the top crypto trading bot. Due to its superior customer support, Gunbot stands out among the other cryptocurrency bots. 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.

The customer support is amazing

However, gunbot guide should do their research before committing funds to the crypto robot. Gunbot is a trading bot with in-built or custom trading strategies that can be automated. The crypto bot trading platform bridges the gap between crypto traders and exchanges, offering investors an easy and automated way to diversify investments and increase potential profits. Gunbot is a state-of-the-art crypto trading bot that provides traders with a wide range of options and features to automate their trading strategies. It supports all major crypto exchanges and provides both SPOT and MARGIN strategies to help traders maximize their profits. While the crypto market is constantly active, investors can only monitor trades for short periods.

• Below break even, each sell order is 1x the “Trading Limit” in size.
• The backtesting add-on enables backtesting for practically all of the Gunbot-available strategy parameters.
• This approach differs slightly from all existing Gunbot tactics in that it is “always in position” and seeks opportunities to average down rather than waiting for the ideal entry.
• – This is from early Windows / DOS times when we needed to edit autoexec.bat.
• Jeepers 6.7% up on the first day, I should have bought this bot a looong time ago.

Due to the https://www.beaxy.com/‘s complexities, it’s more suitable for experienced traders. When prices decline, Gunbot can automatically acquire quote currency without making any additional investments beyond the initial buy order. Reversal trading is a characteristic that can assist in lowering the investment’s break-even point. This cycle may continue if prices decline further or even when the cryptocurrency markets turn sideways following a decline.

Gunbot docs

Learn more about CryptoVantage.com and our team on the About Us page. DCA Double Up is a GunBot method for automatically averaging down assets. This allows you to reach a lower average price per unit when prices move down, making for a lower possible profitable exit price.

Using GunBot’s trading platform, investors can execute buy and sell orders in over 20 ways. The platform allows users to combine any method into a custom trading strategy. For example, traders can configure the bot to create a buy order according to the lower Bollinger Band and sell them according to the trailing stop/stop-loss method. Gunbot’s unique combination of security, customization, and multi-exchange trading capabilities makes it one of the most versatile and effective crypto trading bots available. What sets Gunbot apart from the rest of the crypto trading bots is its unique combination of features and capabilities. There is a free demo version of Gunbot available on site if novice traders want to test it out and see whether they’re up for the challenge.

Purchase your lifetime Gunbot license

Gunbot can be configured to overlook “dust,” or small holdings below the exchange’s minimum free trade size. To reserve a fixed amount of base money at all times, use the funds reserve feature. A collection of guidelines that specify how Gunbot will trade is a strategy. A single trading style can be used for all crypto pair systems. Different trading approaches can be used with various pairs. Buy and sell methods, which specify when the bot is permitted to place orders, are the essential elements of a strategy.

Below a few screenshots of trading behavior of this strategy preset. With the default max buy count of 40, you can expect the strategy to work for quite a while — but be aware that it will probably not be enough in case the market goes down for months on end. That’s it for now, but don’t forget to check this article from time to time, as some of the Gunbot StepGrid strategy parameters may change over time. Long periods of sideways trading are the main enemy of this strategy because there is a risk of accumulating too much around similar prices.