Gunbot supports automated trading on Kraken for both spot and futures markets, so you can run strategies directly on Kraken.
How Does Gunbot Work with Kraken?
Gunbot connects directly to Kraken’s API. After adding your API keys, you can select strategies and let the bot place trades based on live market data.
Spot Trading on Kraken with Gunbot
Gunbot offers stable performance with Kraken’s spot API. Once configured, it executes trades according to your selected strategies and can run continuously without manual intervention.
Futures Trading on Kraken with Gunbot
For futures trading, Gunbot operates in a one-way mode, supporting a single-direction position (long or short) per market. Kraken’s futures API is frequently updated, which can cause occasional instability.
Customization and Strategy Options
Gunbot includes customization options to tune your approach on Kraken:
- Built-in and Custom Strategies: Users can select from Gunbot’s built-in strategies or design custom strategies using technical indicators such as RSI, Bollinger Bands, and moving averages.
- JavaScript Strategy Support: For advanced customization, Gunbot supports JavaScript-based strategies, enabling users to create specific trading logic for unique conditions on Kraken’s markets.
- Additional Tools: Gunbot includes options like automated rebalancing, trailing stop losses, and dynamic trade limits, which can help optimize strategy execution based on market conditions.
Setting Up API Access for Kraken
To use Gunbot as a Kraken trading bot, users need to set up API keys, which authorize the bot to access and manage trades securely. Instructions for creating API keys are available in the Kraken API key setup guide.
Summary
Gunbot integrates with Kraken for automated spot and futures trading. The spot API is stable, while the futures API changes can affect stability. Gunbot’s customization options and direct API integration help automate strategies on Kraken.