Time series analysis
Utilizing time series analysis, this technique aims to predict the closing price for the upcoming period. This data is integrated with xtrend and smacross to demonstrate the power of an anticipated price shift.
To enhance this approach, various indicators can be employed as validation for both purchasing and selling. For instance, Gunbot may execute a buy order when the projected price moves above the ask and RSI is at or below 30.
Working with the method
Conditions for buying
A purchase order is permitted when the ask price moves below the estimated price.
Conditions for selling
A sell order is allowed when the bid price surpasses the predicted price.