This is an example of Gunbot trading with the Stepgain strategy on a bearish market.
Comment:
About this strategy Stepgain follows the markets trend, and buys or sells as soon as the trend reverses. Assuming a trend reversal (from downtrend to uptrend) usually takes place close to the bottom of a price movement, this allows you to buy shortly after a price bottomed. Similarly, selling takes place when an uptrend turns into a downtrend.
Settings used
This example uses the "pure" version of the stepgain strategy, meaning both the buy method and sell method are set to use stepgain. No additional trailing or confirming indicators are used.
The following settings were different from the defaults:
EMA1: 16
EMA2: 2
BUYLVL1: 0.25
SELLLVL1: 0.7
SELLLVL2: 5
Full disclosure
I am the author the Gunbot wiki and I'm a Gunbot reseller at www.awesome-gunbot.com
This content is meant as educational material to show an example of how Gunbot can be used, disclosing the full strategy settings used.
Disclaimer: While every effort has been made to ensure these simulations of Gunbot contain the same logic as Gunbot, they will not always buy or sell at the exact same time or prices as Gunbot (because of TradingView's inability to use ticker prices). This is close as you can get in TradingView to the real thing. Backtesting the past does NOT guarantee profit in the present or future.
Please don't use these exemplary settings without doing your own research. Results can vary depending on the chosen market and it's conditions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Stepgain follows the markets trend, and buys or sells as soon as the trend reverses. Assuming a trend reversal (from downtrend to uptrend) usually takes place close to the bottom of a price movement, this allows you to buy shortly after a price bottomed. Similarly, selling takes place when an uptrend turns into a downtrend.
Settings used
This example uses the "pure" version of the stepgain strategy, meaning both the buy method and sell method are set to use stepgain. No additional trailing or confirming indicators are used.
The following settings were different from the defaults:
Full disclosure
I am the author the Gunbot wiki and I'm a Gunbot reseller at www.awesome-gunbot.com
This content is meant as educational material to show an example of how Gunbot can be used, disclosing the full strategy settings used.
Disclaimer:
While every effort has been made to ensure these simulations of Gunbot contain the same logic as Gunbot, they will not always buy or sell at the exact same time or prices as Gunbot (because of TradingView's inability to use ticker prices). This is close as you can get in TradingView to the real thing. Backtesting the past does NOT guarantee profit in the present or future.
Please don't use these exemplary settings without doing your own research. Results can vary depending on the chosen market and it's conditions.