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Looking at the Gunbot v28 Update: New Features and Improvements

@boekenbox
@boekenbox
Looking at the Gunbot v28 Update: New Features and Improvements

Gunbot continues to grow, bringing new and improved features to improve the trading experience for its users. Gunbot v28, nicknamed Gunbot NextGen, introduces a Basic Mode interface, improved API management, Gridbots, and more. Here are the updates and how they can help your trading strategies.

Gridbot in action

This guide looks at the new features of Gunbot v28 - NextGen

Gridbots Using Limit Orders​

The introduction of Gridbots marks a significant advancement in Gunbot's trading capabilities. These bots automate trading within a defined price range through a systematic grid of buy and sell limit orders. While Gunbot previously offered similar strategies using market orders, this new strategy will match the expectations users have who are more familiar with other trading tools.

Key Configuration Settings of Gridbots​

  • Invest per Buy Order: Control the investment for each buy order.
  • Max Orders per Side: Set the maximum number of simultaneous buy and sell orders.
  • Rebalance Feature: Maintain adequate assets for sell orders.
  • Grid Interval Settings: Choose between a fixed percentage or ATR-based intervals.

Gridbots settings

Basic Mode Interface: Simplifying Trading​

Gunbot's new Basic Mode interface is designed for simplicity and ease of use, making it ideal for beginners or those preferring a streamlined trading setup.

Getting Started with Basic Mode​

  • Connect to Your Exchange: Enter your API credentials to link Gunbot with your exchange.
  • Configure Trading Pairs: Easily set up your desired trading pair and strategy, with a few clicks.

Improved API Management​

Manage your exchange connections with improved API slot management. This feature allows for more flexibility and control over the credentials that are registered for use with Gunbot. Previously it might have been needed to contact support for updating registered keys, now you can fully self manage your API slots.

  • Edit, remove, archive, or add new exchange connections easily.
  • Authenticate edits with an active exchange for increased security.

API slots overview

Conclusion​

The latest Gunbot update adds new features and fixes that make the trading tool more adaptable and easier to use. New and experienced traders both get a better Gunbot workflow.