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.