Gunthy
GUNBOT: The automatic profit generator => General Discussion => Topic started by: BwGB on October 06, 2017, 05:24:03 PM
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Hi all,
Does anyone knows if there is a setting somewhere for Gunbot, for example in the pair file, where you can set a maximum price for the bot to buy? For example I'm running a pair for MAID, but I don't want to buy if the price of MAID is going higher than $0,50. So it can make all the transaction it wants, but not if the price of MAID is going above $0,50. Some sort of precaution if you like.
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I don't see any justification to limit buying to a certain price.
I mean: if it's now 1$ then sell it 1.2$?
You can look at it like when you buy gas for your car. Whatever the price is, if you buy 10$, you always get gas for 10$.
So, here also, the current price 0.5$ or 1$ doesn't change your total price (trading_limit or max balance to trade).
But if you're afraid it buys whatever crazy, please use the BUY_LEVEL (%) parameter.
It won't buy above N% below the lowest of EMA1 and EMA2
Exemple, a safe level would be 5% - but with this configuration, don't expect much trades ;-)
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It's like a safety measure. Some coins may rise, but are pumped or "not worth" the price. To many times there was a buy at price to high and then a major plummet resulting in a bag. Which wouldn't have happend if I bought manually. Despite using several strategies or settings within the strategies. The security setting is not an option, cause I don't want to sell at a loss.
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Yes, but say 0.5$ is your limit, if the price rises from 0.25$ to 0.3$, will you level up your limit to 0.55$?
It's a pain.
But again, this decently works (depending the value) against pumps and dumps:
But if you're afraid it buys whatever crazy, please use the BUY_LEVEL (%) parameter.
It won't buy above N% below the lowest of EMA1 and EMA2
As a pump is usually a quick movement, the lowest EMA won't move, and it'll avoid the bot to buy higher.
Anyway, my 2 cents.