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Author Topic: Help with strategy  (Read 16770 times)

Offline Majody

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Help with strategy
« on: June 14, 2019, 12:06:29 AM »
Hi all,

I am new to Gunbot and I would like to create a strategy as follow:

1. Buy will be manual, so it will be off
2. Stop loss to be 5% of current price.
3. I want also the stop loss to be trail and to follow the price with increase with same percentage 5%.
4. Sell to be automatic with RSI enabled above 70.

Ex. If I purchase with 100$, I want stop loss to be 5% (95) but in case he price reach 110 the I want stop loss to move 5% with price, Sell to be automatically with RSI 70 or manual.

I hope my request is clear.

Thanks in advance.
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Offline sbogovac

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Re: Help with strategy
« Reply #1 on: June 14, 2019, 08:36:45 AM »
Quote from: Majody on June 14, 2019, 12:06:29 AM
[...] I want stop loss to be 5% (95) [...]

This is possible: https://wiki.gunthy.org/various/handling-bags#stop-limit

Quote from: Majody on June 14, 2019, 12:06:29 AM
[...] in case he price reach 110 the I want stop loss to move 5% with price [...]

AFAIK something similar is possible (but doesn't work quite as you describe it): https://wiki.gunthy.org/trading-strategy-options/regular-strategies-spot-trading/tssl-trailing-stop-stop-limit

Quote from: Majody on June 14, 2019, 12:06:29 AM
[...] Sell to be automatically with RSI 70 or manual. [...]

This is possible: https://wiki.gunthy.org/trading-strategy-options/confirming-indicators#rsi-sell-level

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Offline Majody

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Re: Help with strategy
« Reply #2 on: June 14, 2019, 08:38:59 PM »
Thanks a lot for you quick reply and help :)

I will try it and back to you with my feedback ...

Thanks again ...
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Offline GeorgeD

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Re: Help with strategy
« Reply #3 on: July 30, 2019, 01:28:38 PM »
Hello!

Really good advice 8)
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