BOLLINGER BAND HELP

[Kraftwerk]

hey guys

have a question for u

been having mixed interactions with this bot (using 3,3 for ref)

i am wondering why the bot price to buy would ever be lower than the low bollinger band if my  %lowbb is only ever between 15-50% and gains are ~3%

pic for ref: https://ibb.co/mPYMpQ

pj

[paramecie]

1° With 3.x, your bot is automatically in GAIN mode if it doesn't have enough BB data, which can take a while.

2° Gunbot BBs aren't the marketplaces BBs, please read this (and many other things) :
https://gunthy.org/index.php/topic,1417.0

3° Gain 3% is a daydream, start with the minimum (like 0.1% gain after trading fees) on ONE pair

Learn... then earn ;-)

[CryptoClown]

3% gain is a dream?

I'm only 1 week in with Gunbot so I'm very new, I have my gain set to 3% and have had 20+ successful buy/sells this week at 3% gains - should I expect this isn't normal and maybe set it lower?  Would appreciate your experience on this.

Thanks!

[sloaleks]

3% gain is a dream?

I'm only 1 week in with Gunbot so I'm very new, I have my gain set to 3% and have had 20+ successful buy/sells this week at 3% gains - should I expect this isn't normal and maybe set it lower?  Would appreciate your experience on this.

Thanks!

This is all good and nice, but a bit optimistic expecting it on a regular base. I would be quite happy achieving 3% per day, but it happened on only a couple occasions since I had the bot running. Even 1% a day would be nice. I can't sustain even that. So, yeah, consistent profits in a market like we are in at the moment, is more in microprofits. I am aiming at about 0.5% after fees per trade. But if your trading style does not fit this strategy, by all means, go for higher profits. It's not written in stone how you should run your bot.

[paramecie]

True - of course, if you don't care to wait a long time, you can buy anything in 20 pairs, set a 5% minimum gain, and wait.
It's a strategie, making a few trades per week maybe, but good ones.

[sloaleks]

I would also suggest that microprofits add up. Microprofits better suit bot trading on my opinion. Buying and setting on high gains can be achieved without the help of the bot. But you could miss all the small price swings, which you can also exploit for profit. For catching these small swings the bot works perfect for me. I admit, there are times I can't even achieve small profits for 2 days straight, but this is related to the market, not a fault of the bot.