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Basic Mode Interface Walkthrough

This guide walks through the Gunbot interface in Basic Mode. It is aimed at new users who want a simplified trading setup with essential controls.

Info

Basic Mode presents a streamlined interface with fewer options than Advanced Mode, which helps new users get started with automated trading.

Basic Mode

This article shows the interface in Basic Mode.

Selecting Market Type​

Begin by choosing your market type in the Gunbot setup wizard. For spot trading pairs, select 'spot.' You can change this setting at any time.

Select market type

Connecting to an Exchange​

To connect Gunbot to your exchange, follow these steps:

  1. Select Your Exchange: Choose the exchange where you have registered your API key.

    Select exchange

  2. Enter API Credentials: Enter your API secret and other necessary credentials.

    Enter exchange credentials

After entering the details, click 'Update Exchange Settings' to save your configurations. Your exchange is now connected, and you're ready to start using Gunbot with the StepGrid strategy.

Configure a Trading Pair​

Setting up a trading pair in Gunbot is a short setup:

  1. Selecting a Trading Pair: Choose your preferred trading pair from the list.

    Select Trading Pair

Configuring USDT-BTC as an Example​

To set up a USDT-BTC pair, consider these parameters:

  1. Choose the 'stepgrid' strategy for both buying and selling, ideal for regular, smaller trades.
  2. Set the trading limit to 50 (e.g., 2500 / 50 = 50 USDT per trade), managing your investment effectively.
  3. Restrict max investment to 2500 USDT to maintain your investment limit.

Strategy Settings

The pair overview confirms your configuration completion.

Pair Overview

Optional: Telegram Notifications​

Activate Telegram notifications for immediate trade updates. You can also set this up later.

Telegram Notifications

Interface Selection​

Gunbot offers two interface modes:

  • Basic Interface: Simple and user-friendly, suitable for new users.
  • Advanced Interface: Detailed settings and dashboard for experienced traders.

Select the mode that best fits your experience level.

Select Interface

Starting Trading​

Once your pair is set, click the 'Start Bot' button to initiate trading.

Trade Monitoring​

Monitor trades in real time using the Gunbot interface, which shows break-even points and target goals.

Trading Chart

Interpreting Trade Results​

The dashboard summarizes trade performance, showing realized profits with gains and losses.

Dashboard