Gunbot Review 2023: Accelerate Your Crypto Trades!

A variety of config variables and presets for bullish and bearish market conditions. 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. A self-service option allows users to set up their API keys for trading easily. On inspection of the Gunbot website, there was no information on the security measures.

This is almost a mandatory feature that should be offered on all crypto bot platforms. Gunbot’s backtesting mode will benefit users to test the bot’s profitability before using it on the real market. Moreover, there is even a crypto simulator account with virtual funds.

The support is always there to help and…

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.

You have the option of https://www.beaxy.com/ing Gunbot crypto trading and earning a commission from the sales you refer to the operator with the use of the Gunbot affiliate program. Making money with an affiliate network is a quick and simple process. With Gunbot affiliates, your earning potential is limitless; all you have to do to be a successful trader is drive traffic their way to start earning lucrative commissions on each sale. Through Telegram, a user can communicate with their trading bot. They can track gains and obtain profit/loss information for all of your trading pairings with a Telegram profile.

Gunbot Presentation -_-

The Bitcoin Loophole user interface makes trading so simple that both new and expert users can take advantage of all of its features. We recommend that you set a trading stop loss and limit before you begin trading to avoid significant losses. Unless you modify it before trading begins, the limit you set will apply to all of your trades. Gunbot offers trader precoded and backtested active strategies. These strategies can be used to buy and sell cryptocurrencies.

When I could not edit the entry by the instructions I received they went ahead and refunded my full purchase cost. I wish to apologize take back my harsh words in a previous hastily made emotional review that is not a true reflection of Gunbot and affiliates. 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. When prices are trailing, Gunbot tracks their downward movement and only buys when the trailing stop is reached and the price is still at or below the lower Bollinger Band.

gunbot trading can therefore easily tune their strategies without even having to leave the chart. Price trailing can be used for most types of orders, to reach optimal entry- or exit points. With trailing, Gunbot follows prices as they move down even further, and only buy once the trailing stop is hit. You can also use Gunbot for sell trailing for assets you bought manually.

However, the platform has notable downsides, including its complicated interface that can make navigation somewhat challenging. 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. However, because not all functions are accessible through this web-based demo, it is difficult to fully grasp the platform’s potential. If you enjoy the service, you can always upgrade your plan at a discounted rate. The backtesting add-on enables backtesting for practically all of the Gunbot-available strategy parameters. Additionally, it may be used to transmit alerts based on Gunbot strategies, which Gunbot will then execute when the TradingView add-on is activated.

Decide what the current hedging direction is, and use the appropriate set of configs. “Direction” means the base coin that should be accumulated at the start of running this setup. Simply because it’s the best Automated Trading Bot for trading platforms like Bitmex, Bittrex, Binance (+ 130 other exchanges). 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.

The API secret is only kept on your machine for security purposes. Verify that the API key you created at your exchange has the necessary permissions to read data and execute trades on your behalf. The API key is not necessary BTC for Gunbot to be able to withdraw money. Gunbot executes trade alerts supplied by tradingview.com because of the TradingView add-on. 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 Gunbot custom strategies are developed with simple JavaScript. This saves users time from needing to learn complicates programming languages to code their trading strategies. Once accustomed to the platform, we found that configuring bots and entering orders was seamless on the Gunbot trading terminal. It simplified the monitoring of trades by showing all trading pairs and investments across different exchanges in one place, eliminating the need to open and scan various assets. Users can also customize the bot to receive trading alerts via TradingView.

If you have a specific trading strategy idea, Gunbot supports creating custom trading strategies in JavaScript, you can even bring your own modules to the table. Keep in mind that you need the Gunbot Ultimate package to create your own crypto robots. They can run unlimited instances of Gunbot, creating as many custom strategies as they like with as many configuration changes as needed.

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Although many settings have exactly the same name across different buy & sell methods, they can still behave slightly different. Most strategies will buy one time once the buying criteria occur, then sell everything it bought as soon as selling conditions happen. A strategy in Gunbot always consists of settings that control when it should buy, and when to sell.

Austin DeNoce is a writer, personal investor, and entrepreneur who is focused on trading and investing education for macro, crypto, equities, derivatives, and foreign exchange traders. He graduated from the University of California, Santa Barbara with a bachelor’s in philosophy and carries a deep passion for a first-principles approach to investing and education therein. Austin specializes in topics related to cryptocurrencies and blockchain technology. Gunbot has a number of plans available for purchase with different features and add-ons, so traders of all walks can get XLM exactly what they want (and don’t want).

You have the option of keeping some quote units or selling the entire quoted amount when selling. 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. Moreover, additional supported exchanges are frequently introduced. OkGunbot, Gunthy, Beaxy, and Txbit are a few partner exchanges that don’t require an API key to be registered. In addition to other top cryptocurrency exchanges that do require an API slot, these can be used without charge.

The only time users have to pay is when creating an account. The upgrades include software changes and the app is easy to upgrade. The Gunbot Pro package is for the more demanding traders who would also like back testing capabilities. One of the most unique features of Gunbot is the telegram integration. This allows you to keep track of trades, modify settings and get notifications.

With a hassle-free registration and explanation of all features available on the app, users can easily use this robot for trading. After completing the account registration process and making a minimum deposit, the trader’s account is linked to a broker. The system shows a list of Bitcoin Loophole brokers who are active at different times of the day. Aside from that, there is no preference in broker selection because all brokers provide their customers with the same profit margin.

Gunbot Robot StatisticsPlease keep in mind that there can be absolutely no guarantee to how these strategies will perform. There are always significant risks involved with trading online. Alts that have hedged get disabled automatically and are removed by this job. Enable Telegram notifications for Gunbot, and enter the token and ID you’ve just gathered. Use the ID for both the user and admin ID fields, this makes sure that only you can interact with the Telegram bot. Alternatively, you can set a comma separated list for Admin ID, specifying multiple IDs who may interact with the bot.

Tradingview.com, which provides a sophisticated engine to backtest and visualize tested trading performance, is where backtesting is done. Virtually every coin pair that is offered at the exchange has historical data for backtesting available as long as tradingview.com supports the exchange you trade on. There are no limitations on the total number of active pairs that can be included in a Gunbot installation. Users are free to conduct a single pair or even all of the exchange’s commerce pairs. In general, Gunbot can be used with any combination that exchanges offer. This crypto app can commerce any asset or cryptocurrency markets that your exchange supports, and margin trading and trading costs will also vary depending on your specific exchange.

While conducting research for this gunbot trading review, we discovered that this trading software operates flawlessly on all devices regardless of platform. This crypto software also features a pleasing user interface that is not just ideal for novice traders but also for experienced traders. Gunbot is an advanced crypto trading bot with numerous features making it best suited for experienced traders.

• Users are free to conduct a single pair or even all of the exchange’s commerce pairs.
• There is a welcoming Gunbot community who are happy to support traders of all experience levels.
• A grid-like trading technique with integrated buying and selling trailing and dynamic trading targets.
• When I could not edit the entry by the instructions I received they went ahead and refunded my full purchase cost.

The required specifications for one boot instance are 2GB RAM, 10GB free disk space, and 64-bit CPUs. You have the option of using Gunbot’s built-in graphical user interface or executing it through the command line. Step-Grid is a straightforward but successful trading method that sets Gunbot apart from many other bots.