Uncover the types of trading bots

What Are the Different Types of Trading Bots Available?

With cryptocurrency trading operating 24/7, trading bots have become essential tools for traders. These bots help manage trades by automating strategies, reducing the need for constant monitoring.
Let's explore the various types of trading bots that have established, each with its unique approach to maximizing profits. From grid bots to fully customizable bots, the variety available today allows traders to choose tools that align with their specific goals and trading styles. Let's delve into what these bots offer and how they fit into modern trading workflows.

Real-time Trades

Watch real-time trades unfold as bots execute precise strategies based on market movements.

Timeframe Versatility

Bots that excel at monitoring multiple timeframes simultaneously, adjusting to market trends in real time.

Dashboard showcasing various trading bot strategies.

The Major Types of Trading Bots

The trading bot ecosystem has expanded significantly, with different types of bots tailored to diverse market conditions and strategies. One of the most common bot types is the grid bot, which places buy and sell orders at preset intervals. These bots thrive in volatile markets where price swings between support and resistance levels are frequent. Another powerful tool is the arbitrage bot, designed to exploit price differences across exchanges. Scalping bots, on the other hand, focus on quick trades to capture small profits repeatedly. For traders who prefer more control, customizable bots like those offered by Gunbot stand out. These bots allow traders to implement their own strategies using JavaScript, giving unmatched flexibility in execution.

Grid Bots

Ideal for choppy markets, grid bots place buy and sell orders in a predefined range.

Arbitrage Bots

Designed to exploit price discrepancies between different exchanges, executing profitable trades automatically.

Scalping Bots

Focusing on small, rapid trades, scalping bots aim to capitalize on micro-movements in price.

Custom Bots

Bots like Gunbot offer customization via JavaScript, enabling traders to create personalized strategies.

“With so many types of bots available, it's easier than ever to automate your trading and maximize efficiency—especially when you can customize your own strategies like with Gunbot.”

A dynamic trading chart showing real-time strategy performance.

Custom Bots: Tailor Your Trading Experience

While many traders find success with preset strategies like grid or scalping bots, others may prefer the freedom to craft their own unique strategies. This is where customizable bots come in. Bots like Gunbot provide the tools to write and execute JavaScript-based strategies, offering a level of flexibility unmatched by more rigid bot types. For instance, Gunbot allows you to modify nearly every aspect of a strategy, from buy and sell conditions to stop-loss mechanisms. This flexibility ensures that your trading bot aligns perfectly with your personal trading philosophy, whether you're focused on short-term gains or long-term positions. By enabling such deep customization, Gunbot stands out among the various types of bots available, offering traders an edge in an ever-competitive market.

Gunbot user reviews

Major love to the GB team. I started trading on DYDX using SGSFutures on Feb 26th. Started with $496 USD and I'm currently at $1,358 USD today in portfolio value. Running on 20 pairs. :)
LebowskiCommunity member
Further your understanding of automated trading

Explore More About Trading Bots

These resources will provide you with more insights into specific bot types and how to use it in Gunbot.

Backtesting Gunbot Strategies

Explore detailed backtesting archives to see how different strategies perform in varying market conditions.

Learn More

Choosing Spot Strategies in Gunbot

Understand how to select the best spot trading strategy for your needs using Gunbot.

Explore

Supported Exchanges

Find out which exchanges Gunbot supports and how to set up automated trading on them.

See List

Custom Strategies in Gunbot

Discover how to create and implement custom trading strategies using Gunbot.

Read More

Explore Gunbot Plans

Gunbot Standard

$ 199 $ 99 /lifetime
+ Free Exchange Slot worth $99

Everything you need to get serious about bot trading

Get Gunbot Standard
  • Spot & futures trading
  • Lifetime license
  • For 1 exchange
  • Free extra exchange slot ⚡
  • Unlimited gridbots
  • Unlimited trading pairs
  • Ready-made strategies
  • Switch exchange anytime
  • AutoConfig
  • 500 Gunthy tokens
  • Telegram community
  • Gunbot Guides
  • Chat & email support
  • For Windows, Mac, Linux & Raspberry Pi
  • More details about Gunbot Standard

Gunbot Pro

$ 299 /lifetime
+ Free Exchange Slot worth $99

Everything in Standard, plus backtesting and more exchange slots

Get Gunbot Pro
  • Spot & futures trading
  • Lifetime license
  • For 3 exchanges
  • Free extra exchange slot ⚡
  • Unlimited gridbots
  • Unlimited trading pairs
  • Ready-made strategies
  • Backtesting
  • Switch exchange anytime
  • AutoConfig
  • 750 Gunthy tokens
  • Telegram community
  • Gunbot Guides
  • Chat & email support
  • For Windows, Mac, Linux & Raspberry Pi
  • More details about Gunbot Pro

Gunbot Ultimate

$ 499 /lifetime
+ Free Exchange Slot worth $99

🔥 DeFi support, no exchange limit, app, custom strategies and more

Get Gunbot Ultimate
  • Spot & futures trading
  • Lifetime license
  • DeFi trading 🔥
  • For all exchanges
  • Free extra exchange slot ⚡
  • Unlimited gridbots
  • Unlimited trading pairs
  • Ready-made strategies
  • Backtesting
  • Switch exchange anytime
  • Custom JS strategies
  • Mobile app
  • Gunbot Simulator
  • AutoConfig
  • TradingView add-on
  • 2500 Gunthy tokens
  • Telegram community
  • Gunbot Guides
  • Chat & email support
  • For Windows, Mac, Linux & Raspberry Pi
  • More details about Gunbot Ultimate

Curious about which trading bot suits you best?