Gunbot Community Cup 2024: Strategy Showcase
The Gunbot Community Cup 2024 is rapidly approaching, and February marks an essential preparatory phase for participants. This time is critical for our participants to finalize their approaches and secure support from the community for their strategies.
Gunbot supports the development of custom trading strategies in JavaScript and autoconfig.json, allowing users to bring their modules and deploy strategies across various exchanges without needing to learn a new language. This flexibility allows for the use of specific indicators and the integration of various data sources, enhancing the personalization of trading approaches.
Let’s take a closer look at the diverse strategies lined up for the community contest:
Broxynet v1: Simplified, Adaptive Trading Solution
Finalized in early 2024, is an advanced Spot market trading tool designed for Gunbot users. It enhances trading with Gunbot’s JavaScript strategies, offering a customizable experience across three operational modes: Calm, Normal, and Aggressive. Each mode can be tailored with common settings and methods to suit different market conditions.
For purchasing, Broxynet employs a classic buy percentage method or trailing buy percentage indicators. It includes a double-up buy protection feature to lower the break-even level during market dips, along with a safety mechanism to halt and resume trading, thereby protecting the base balance.
Selling is triggered when prices exceed a set minimum percentage above the break-even level. Broxynet uses multiple sell levels to optimize order placement according to current market conditions, preventing losses from market volatility. Sell trailing is an optional feature to maximize profits, and the ultra-profit state (UPS) function buys at market price during uptrends or spikes. Additionally, an auto-switch feature adjusts trailing buy and sell conditions based on market fluctuations.
Broxynet V1 relies on straightforward functions, simple percentage calculations, and basic state checks, avoiding complex AI or LLM systems. This ensures stability and accessibility for all levels of Gunbot users. It is available in Standard, Pro, and Ultimate Licenses, promising to enhance trading experiences when combined with Gunbot.
CRB_VN_Script: Grid-Based Market Optimization Tool
Designed for SPOT trading is a sophisticated trading script for aggressive buying in the cryptocurrency market. It draws inspiration from the MG42 strategy by WG and is based on the stepgridScalp strategy by PIM. The script is designed to enhance the established Stepgrid Scalp strategy by integrating grid-based trading, sophisticated multi-timeframe technical analysis (TA), and adaptable trading limits and step sizes. This approach allows the script to capitalize on market fluctuations for continuous trading.
Key features of the script include an effective trend module and automatic price trailing from Stepgridscalp, enhanced by indicators for buy/sell confirmations and improved fund management. The dynamic step size is adjusted through advanced TA across multiple timeframes, enabling the script to adapt to a wide variety of market conditions.
Designed for ease of use, the script offers user-friendly controls and parameters, making it suitable for a wide range of currency pairs, including those with low volatility like BTC. It has been thoroughly tested from August 2023 and is designed to be a “set-and-forget” solution for traders looking for an efficient and automated trading strategy.
Exotrader: Advanced Crypto Market Navigator
Quanta exoTrader is a sophisticated trading algorithm developed for the dynamic nature of the cryptocurrency market, emphasizing accumulation and distribution strategies. It employs an extensive array of technical indicators to pinpoint the best times for purchases during accumulation phases and sales at the height of distribution. Quanta exoTrader is noted for its flexibility and precision, supporting various order types like market, limit, and post-only limit orders, and featuring trend protection measures.
The algorithm offers a custom tuning option, enabling traders to backtest and adjust parameters using a TradingView Pinescript v5 indicator, ensuring the strategy is finely adjusted to specific market pairs. This makes Quanta exoTrader particularly suited for traders seeking to navigate market cycles with a technical advantage, providing a combination of analytical depth and strategic adaptability in the realm of cryptocurrency trading.
GTrend: Dual Market Mastery Strategy
The GTREND Spot/Futures strategy integrates advanced techniques and market insights to enhance trading in both spot and futures markets. It employs a continuous wave scalper approach, facilitated by a TradingView interface, Gridbot, and limit orders, aiming for steady profits amidst market trends.
For Spot trading, GTREND focuses on selective scalp trading, adhering to a “buy the dip” philosophy while avoiding falling markets. The strategy uses TradingView for strategy visualization and activation, with mechanisms to identify and capitalize on uptrends, ensuring strategic entries and minimizing risks.
GTREND Spot also uses grid orders to optimize earnings by capturing every market wave during uptrends, thus preventing purchases in declining markets and protecting investments.
In Futures trading, GTREND adopts a wave riding approach, incorporating dollar-cost averaging (DCA), hedging, and support/resistance analysis with customized trading styles. It aims to reduce liquidation risk and manage difficult trades by applying GTREND’s principles across various time frames.
Although GTREND futures strategies are not foolproof against overleveraged positions, they significantly aid in lessening the risk of liquidation under unfavorable market conditions.
MachineGun 5.0: The Premier Crypto Wealth Builder
MachineGun v5.0 represents the latest evolution of the community-endorsed, free subpercentage strategy initiated by TheWhiteGoblin. This strategy aims to maximize returns from the crypto markets for everyday fiat use by adopting a “ride the wave” approach, engaging in constant trading to reduce average costs and securing profits by targeting significant market movements.
Version 5.0 marks a significant expansion of the project, with a development investment exceeding $40,000. A key highlight is its user-friendly design, offering a straightforward “one-setting-and-done” configuration. Users can simply select a trading pair, specify their investment amount, and let the strategy run autonomously, with Gunbot automatically adjusting all necessary settings for optimal performance. While the system is designed for ease of use without the need for technical expertise, it also offers over 40 customizable settings for those who prefer a tailored trading experience.
MachineGun v5.0 is ideal for Gunbot owners seeking high-level trading functionality without the complexity of manual setup or the expense of additional scripts. It stands as the most comprehensive subpercentage strategy available, developed by and for the community.
