Gunbot comes with a variety of pre-configured trading strategies, each designed to fit different trading styles and market conditions. This article covers some of the main strategies available, like Bollinger Bands, Ping Pong, and Gridbots.
Whether you’re new to Gunbot or a seasoned trader, these strategies offer a solid starting point—and there are plenty more strategies to explore beyond this list.
Gridbots Strategy​
- What It Does: The Gridbots strategy works by setting up a series of buy and sell orders at specific intervals within a set price range. As the market price moves up and down, Gridbots place trades at each level to capture profit from price swings.
- When to Use It: This strategy is particularly effective in range-bound markets, where prices oscillate predictably within a certain range. It’s ideal for traders who want to make steady profits from small, frequent price movements, even in sideways markets.
Stepgridscalp Strategy​
- What It Does: Stepgridscalp combines grid trading principles with technical analysis. It looks at trends across multiple timeframes and dynamically adjusts based on market conditions, making it adaptable to different types of markets.
- When to Use It: This strategy is great for long-term trading, especially in volatile markets. It’s designed to hold assets through fluctuations with the goal of generating solid returns over time.
Bollinger Bands Strategy​
- What It Does: This strategy uses Bollinger Bands, a classic technical indicator, to measure market volatility and guide trading decisions. By plotting bands above and below a moving average, it forms a channel within which price action is likely to stay.
- When to Use It: Bollinger Bands work best in markets with consistent volatility, where prices move up and down within a range. This is a go-to strategy for traders who want to capitalize on predictable price fluctuations within the bands.
Ping Pong Strategy​
- What It Does: The Ping Pong strategy is simple but effective. It sets fixed buy and sell points, executing trades each time the market hits these predefined levels.
- When to Use It: This strategy is ideal for markets with minimal price movement, where you can make steady profits by buying low and selling high within a tight range. It’s straightforward, making it a good choice for traders looking to keep things simple.
Conclusion​
These are just a few of the strategies available in Gunbot. Exploring different strategies and tweaking their settings can help you find the approach that best fits your trading style and the markets you’re targeting. Don’t hesitate to try out various strategies to find your style, and if you’re looking for ready made setups, the Gunbot Developer Community got you covered.