Introduction to Gunbot, A New User Experience Guide
Introduction to Gunbot, A New User Experience Guide
Hello! Did you just get out of Gunbot School, come back after taking a break from trading, or just want to learn more about how it all works? Welcome to the first long-form in-depth post on Viral Trading. I’m Goblin and today I’m going to walk you through a plethora of configurations all based around using the Gain strategy with Trailing, Dollar Cost Averaging, and AutoConfig scripts.
In this introduction to Gunbot, I’m going to give you every setting to change as a well-detailed discussion of why we use a specific value. If you follow through from start to finish, you’ll end up with a much better understanding of what your bot is doing and how to properly control it. Ultimately the goal is to get you set up and finding success in Spot trading via what I’ve coined “The Machine Gun” configuration.
There are three different versions of this setup, they start simple and slowly get more complex. Instead of jumping directly to the latest, we’re going through each so you can learn and see what changes as things progressed. Each version serves a slightly different purpose so I highly recommend you don’t just copy settings and immediately start the bot without reading the actual content. This is an educational opportunity, make sure you take the full journey.
Introduction to Gunbot – Table of Contents: (each section is a clickable link)
-
- Version II: The Cautious Community Machine Gun
-
- Introduction
- Version II Configuration Settings
- Version II AutoConfig File
- Small AutoConfig Note On Polling
- The New Entry Theory
- The Bull Run Trade-Off
- The Problem with Trade Timeouts
- Leaving Money on The Table (trailing)
- Extending DCA Rounds By 50%
- How to Safely Test Configurations
- 24 Hour Test Run Results
- Conclusion
-
- Version II: The Cautious Community Machine Gun
-
- Version III: The Aggressive Machine Gun
-
- Introduction
- Version III Configuration Settings
- Version III AutoConfig File
- Tightening the Entry Phase
- Cutting DCAs by 33% To Open More Pairs
- Catching One Buy One Sell Situations (trailing)
- Changing Trade Timeouts Back to Zero
- Increasing Precision with Multiple Instances
- When You Start Your Bot Makes a Difference
- 24 Hour Test Run Results
- Conclusion
-
- Version III: The Aggressive Machine Gun
Disclaimer:
This series is not financial nor investment advice. These are ideas and opinions for information purposes only. Seek a certified financial professional for investment advice. If you’re going to get into this for a career or even as a major part of your financial capabilities then take caution, do not play with more than you can risk. Market’s crash, the losses always come faster than the gains, a dollar earned will be a hard painful journey but a fortune lost will come in the blink of an eye. If you want to keep waking up comfortably in your bed then never play with your rent/mortgage/survival money.