About this strategy
This strategy is based on the histogram, taking advantage of signals that indicate a signal line crossover is likely.
A buy order is placed when the histogram crosses up the zero line. A sell order will be placed when the histogram drops below 0.
This example uses the "pure" version of the MACDH strategy, meaning both the buy method and sell method are set to use MACDH. is used as confirming indicator.
The following relevant settings were used, all other settings were set to the defaults:
- PERIOD: 60
- MACD_SHORT: 5
- MACD_LONG: 13
- MACD_SIGNAL: 3
- MFI_ENABLED: true
- MFI_BUY_LEVEL: 40
- MFI_SELL_LEVEL: 20
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.
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.