Why's it trying to buy under Low Bollinger Band when set to 20% above Low BB?

[nicmo]

The subject kinda says it all...


I have the BB buy setting at 20%. The bot sees Low Bollinger Band as 0.00056328, yet says the price to buy is 0.00055420.

Why is it trying to buy so far below the Low BB? Isn't the 20% buy setting supposed to be 20% above the Low BB?


Any help appreciated!  Thanks

[paramecie]

No -
The LowBB buying zone is between 0 up to LowBB+N%
The HighBB one starts at HighBB-N% up to infinite.

Note it's even better if it buys lower, don't complain ;-)

HTH

[nicmo]

I thought I understood, but now I'm kinda confused because I was sure it seemed to be working fine until I noticed this particular instance last night...




Isn't the "% Low BB" buy setting mean that it will buy when the price is within (<=X% above) the Low BB...?

And the reverse for the High BB... it will buy when within (<=X% below) the High BB?

[paramecie]

GB wil (should) buy from ZERO up to LowBB+X%
GB will (should) sell from HighBB-Y% up to INFINITE

Note GAIN and BUY_LEVEL are important factors in BB
And bugs also in 5.0.4 at least - 5.0.5 are announced to correct them.

[nicmo]

Yes I understand all that, but what I don't understand is why it seems to be just waiting to buy at some far-off low point when I have the buy level set to 20% ABOVE the Low BB. I'm willing to pay up to Low BB + 20%. The bot seems to want to throw out some arbitrary "Price to buy" number that's way below where I'm trying to get in.

[paramecie]

That's normal, BB is "linked" to GAIN.

He won't buy before the price is BUY_LEVEL % under the lowest EMA.

There are many Gunthar posts in Help/Beginner section, please read.