gunbotcom

Pingpong | Gunbot trading strategy

Education
BITFINEX:BTCUSD   Bitcoin
This is an example of Gunbot trading with the Pingpong strategy. Gunbot is a multi platform crypto trading bot.

About this strategy
This strategy can be used for pairs that move up and down between a predictable price range for longer periods. You set fixed prices at which Gunbot should buy and sell, Gunbot will buy or sell as soon as the exact target is hit or exceeded.

Settings used
This example uses the "pure" version of the Pingpong strategy, meaning both the buy method and sell method are set to use Pingpong. No additional trailing or confirming indicators were used.
The following relevant settings were used, all other settings were set to the defaults:

  • PP_BUY: 6570
  • PP_SELL: 6620


Full disclosure
I am the author the Gunbot wiki. This content is only meant as educational material to show an example of how Gunbot can be used, disclosing the full strategy settings used.

Disclaimer
While every effort has been made to ensure these simulations of Gunbot contain the same logic as Gunbot, they will not always buy or sell at the exact same time or prices as Gunbot (because of TradingView's inability to use ticker prices). This is close as you can get in TradingView to the real thing. Backtesting the past does NOT guarantee profit in the present or future.

Please don't use these exemplary settings without doing your own research. Results can vary depending on the chosen market and it's conditions.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.