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Gunbot Quickstart Guide: Get Started with StepGrid

Info

This quickstart gets you trading quickly with the beginner-friendly StepGrid strategy. For advanced configurations and strategies, see the rest of the documentation.

Welcome! This guide focuses on setting up Gunbot with the StepGrid strategy, chosen for its beginner-friendly setup. The core steps are also applicable to other strategies.

Installation & Startup​

Downloading Gunbot​

Download the latest stable version from the official Gunbot download page. This page also provides future updates.

Installation Steps​

  1. Download: Choose the appropriate Gunbot zip file for your operating system from the official site.
  2. Extract: Unzip the contents into a designated folder.
  3. Firewall Configuration (Optional): If you plan to access the interface from the internet, configure your firewall to allow TCP traffic on port 3000. If you're using Gunbot on your local network, you likely won't need firewall changes.
  4. Launch and Access: Run the Gunbot executable, then open your browser and navigate to http://localhost:3000.

For a tailored installation experience, refer to the guides specific to your OS:

License Setup​

Getting your license up and running involves a few steps:

  1. License Key Entry: Enter your license key to verify it. Enter your Gunbot license key in the setup wizard

  2. License Type Selection: Choose between a subscription or lifetime plan. Select your Gunbot license type from available options

  3. API Key Registration: Register the first API key for trading. Keep your secret key secure. For API key creation, see creating API keys. Register your exchange API key for automated trading

  4. ERC-20 Wallet Registration (Lifetime License Only): If you have a lifetime license, link an ERC-20 wallet to receive Gunthy tokens. The easiest way is to use the "generate" option during setup. You'll get the wallet as a text file. Register your Gunthy wallet address for license verification

  5. Finalize by clicking the "register license" button. You'll know it's done when you see the following message: License registration confirmation screen

Selecting Market Type​

For this guide, select "spot" as your market type in the wizard. This can be changed at any time.

Select your preferred market type for trading

Connecting to an Exchange​

Connect the exchange where you've registered your API key:

  1. Select Your Exchange: Select the exchange you're using. Choose your cryptocurrency exchange platform

  2. Enter API Credentials: Input your API secret and other required credentials. Enter your exchange API credentials securely

Click "update exchange settings" to save your input.

Your exchange is now connected, and you're ready to use Gunbot with the StepGrid strategy.

Configure a Trading Pair​

Setting up a trading pair in Gunbot is straightforward. This section walks you through the steps.

Adding a Trading Pair​

Select the "add pair" button in the Gunbot interface.

Add new trading pair button location

Choose your preferred trading pair from the list.

Select and configure your trading pair settings

Configuring USDT-BTC as an Example​

Example: set up a USDT-BTC pair with 2500 USDT capital distributed over 50 buy orders:

  1. Opt for the "stepgrid" strategy for both buying and selling.
  2. Set the trading limit to 50 (2500 / 50 = 50 USDT per trade).
  3. Restrict the max investment to 2500 USDT to prevent the bot from exceeding your designated limit.

Configure your trading strategy parameters

After setting these parameters, a pair overview will confirm the completion of your configuration.

Trading pair overview and performance dashboard

Tips for Starting Funds​

For new trades like USDT-BTC, start with no coin balance (ETH). This lets the strategy start buying and track the break-even price from the beginning.

Optional: Telegram Notifications​

You can activate Telegram notifications for immediate updates on your trades. This is optional and can be done later.

Setup Telegram notifications for trade alerts

Interface Selection​

Gunbot offers two interface modes:

  • Basic Interface: Simple and straightforward, recommended for new users.
  • Advanced Interface: Detailed settings and dashboard, suited for experienced traders.

Choose the mode that fits your comfort level with the platform.

Choose between simple and advanced interface modes

Starting Trading​

Once your pair is set, click the "start bot" button to commence trading.

Trade Monitoring​

Monitor your trades in real time through the Gunbot interface. The interface shows break-even points and target goals.

View your trading activity on TradingView charts

Interpreting Trade Results​

The dashboard provides a snapshot of your trade performance, focusing on realized profits, which include gains and losses at the time of selling the asset.

Monitor your trading performance on the dashboard

Adjusting Bot Settings​

Adjust your strategy settings at any time. The bot will adapt to these changes without interrupting its current operations.

You're now ready to trade with your configured pair in Gunbot.