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Pingpong

This fixed-price strategy is ideal for trading pairs that fluctuate within a predictable price range for extended periods. Simply set buy and sell prices, and Gunbot will execute trades as soon as the target price is met or exceeded.

To enhance this approach, Gunbot offers additional indicators for both buying and selling confirmation. For instance, you can configure Gunbot to purchase at a specified price only when the RSI (relative strength index) is 30 or lower.

Moreover, you can trade solely on signals from confirming indicators by setting unattainable buy and sell prices using this method.

How to work with it​

Buy method conditions​

A buy order is allowed when price is at or below PP buy.

tip

Normal constraints like "buy once, sell once" don't apply to this strategy: each time buying criteria occur, Gunbot will place a buy order as high as set in your balance settings.

Sell method conditions​

A sell order is allowed when price is at or above PP sell.

info

Gain protection is optional for this strategy. Be aware that this can lead to sell orders below your break-even point.

When you want to allow sell orders at loss, set a negative value for GAIN.

Trading example​

Example of how trading with this strategy can perform. Details and settings

Buy settings​

Buy settings are the primary trigger for buy orders. These parameters control the execution of buy orders when using pp as buy method.

Buy enabled​

Set this to false to prevent Gunbot from placing buy orders.

PP Buy​

This sets the exact target price for placing a buy order. A buy order will be placed as soon as this price is hit or an even better price is available.

For example: when trading a BTC-x pair with PP_BUY set to 0.00123456, a buy order will be placed in the first cycle where the ask price is 0.00123456 or lower.

Sell settings​

Sell settings are the primary trigger for sell orders. These parameters control the execution of sell orders when using pp as sell method.

Sell enabled​

Set this to false to prevent Gunbot from placing sell orders.

PP Sell​

This sets the exact target price for placing a sell order. A sell order will be placed as soon as this price is hit or an even better price is available.

For example: when trading a BTC-x pair with PP_SELL set to 0.00123456, a sell order will be placed in the first cycle where the bid price is 0.00123456 or higher.

Gain​

This sets the minimum target for selling when DOUBLE_CHECK_GAIN is enabled.