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Gunbot First time Install & Run Tutorial

How does GunBot work ?


Download & Run

All you need to do is Get your API key (that is also the license key), Download GunBot and Run it !
Simply download, configure ( add your API Keys / Coins Pairs / Strategies ) and run Gunbot !

GunBot Configuration

You must configure the Bot before you run it . Set the Pair (BTC-ETH), Set the Amount you want to trade, the Buy and Sell Strategy and you are done .
More info can be found in the Gunbot Wiki.


Hardware Requirements

You can run GunBot from your own computer / laptop OR you can buy a VPS (virtual private server) from one of the recommended providers : Contabo Servers or a VPS provider of your choice.
We recommend choosing an instance with a min. 4 cores and 4 GB RAM .

Let the Money come to you !

All set-up ?! Great ! Then let the money come to you ! Check your configuration settings from time to time and besides that look for Free Tools that can help you in choosing the best settings for your Coin Pairs, like : Gunbot Backtesting with Allanster’s Scripts or a TradeingView.com account for TA and charting.

Why should you choose GunBot ?

Simply it's the Best Automated Trading Tool for either Binance, Poloniex, Cex.io, Bittrex, Kraken, Bitfinex or Cryptopia .


Onetime Payment - Lifetime License


Works on Windows / Linux / Mac


Great Community and Support


Multiple Buy & Sell Strategies : Bollinger Band / Gain / Step Gain and more


More then 4000 Active GunBot Traders


Make money while you sleep !


NOTES:
. We recommend a Contabo VPS Server with Windows 10 or Linux for best performance - priced at $15 per month.


Gunbot First Time Run

Follow this short guide to run Gunbot for the first time .


Download & Unzip the latest version


Start the Gunthy-GUI and go to http://localhost:5000


Create a password & login .


Configure - SETTINGS tab / add API KEYs


Edit your trading setup in the Setup Tab


Dashboard : Load a Setup and click the Start Button



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Frequently asked questions

1Before running Gunbot please Educate yourself !
The following article will get you started with all the details needed to run Gunbot like a Pro !
We suggest that you take the time to read all that our powerful tool can do and how to configure your copy of Gunbot .

LINK: The Gunbot WIKI - a must read for beginners and intermediate users !
2How to start GunBot from a fresh install ?
1. Unpack the release .zip file in a new folder
2. Start running Gunthy UI by double clicking gunthy-gui executable
3. Open http://localhost:5000 in a browser on the same system. (modern
browsers recommended, preferably Chrome or Firefox)
3What Buy / Sell strategies does Gunbot have ?
Gunbot Trading Strategies
A strategy in Gunbot is a collection of settings that can be assigned to one or more trading pairs. These pairs will then trade according to the assigned settings. The most important factors of a strategy are the buy and sell methods, these define the logic for buy and sell orders. Gunbot has 15 different methods for executing buy and sell orders. These can be freely combined, where one method is being used for buying and another for selling. Each method has it's own wiki article describing the exact logic and explaining all available strategy parameters.

About Gunbot strategies

A strategy in Gunbot is a collection of settings that can be assigned to one or more trading pairs. These pairs will then trade according to the assigned settings. The most important factors of a strategy are the buy and sell methods, these define the logic for buy and sell orders.

Gunbot has 15 different methods for executing buy and sell orders. These can be freely combined, where one method is being used for buying and another for selling.

Each method has it's own wiki article describing the exact logic and explaining all available strategy parameters.

Trading methods

Method names are case sensitive.

Method Description (short)
ADX Average Directional Index: uses the ADX indicator to trade only when trends are strong enough.
ATRTS Average True Range Trailing Stop: uses the ATR indicator to measure volatility changes and trade on a trailing stop.
bb Bollinger Bands: buy and sell at configurable points between the lower and upper Bollinger Bands.
BBTA Bollinger Bands (TA): buy and sell after a reentry at configurable points between the lower and upper Bollinger Bands.
EMASPREAD EMA spread: uses the spread between slow and fast EMA to trade when price direction changes.
emotionless Emotionless: "just works" strategy. Hardly any configurable parameters. Perfect for novice traders.
gain Gain: buy at a percentage below EMA, sell when your set gain is reached.
ichimoku Ichimoku: trading algorithm based on the Ichimoku cloud indicator.
MACD Moving average convergence/divergence: uses the MACD indicator to trade when momentum changes.
MACDH Moving average convergence/divergence histogram: uses the MACD histogram to trade when momentum changes.
pp Pingpong: set a fixed buy and sell price, perfect for coins that stay within a predictable price range.
stepgain Stepgain: like gain , but after hitting initial buy or sell level a trend watcher will check if prices will further decrease or increase - making sure to only buy or sell when the trend reverses.
SMACROSS Simple moving average cross: uses crossings of fast and slow SMA to trade when price direction changes.
tsa Time series analysis: tries to predict future prices and trades on predicted trend reversals.
tssl Trailing Stop / Stop Limit: uses a moving range around market prices for buying and selling, trailing optimal buy and sell levels.

Keep in mind that not all combinations of buy/sell methods are a good match to use together with trailing or certain confirming indicators.

For example using MACD, which triggers only in cycles where the MACD line crosses the signal line, together with Stochastic (in cross mode, which also only triggers in cycles with an indicator cross) as confirming indicator is a bad combination because both MACD and Stochastic must cross in the same cycle - very much reducing your opportunities for a trade.

Protections

Indicator based sell methods generally have no protection against selling below break-even point. Some buy methods allow for pyramid buying.

See the table below for details about protections/constraints per method.

Method Allows for pyramid buying? Protection against buying above EMA? Protection against selling below break-even point?
ADX no no no
ATRTS no no yes
bb no yes yes
BBTA no no no
EMASPREAD no no no
emotionless no yes yes
gain no yes yes
ichimoku no no no
MACD yes no no
MACDH yes no no
pp no no no
SMACROSS yes no no
stepgain no yes yes
tsa no no yes
tssl no yes yes

Using overrides

Settings for strategies are global, and apply to all pairs that you set to run on this strategy. When you need to make changes in the strategy settings for individual pairs, you can configure this using overrides for these pairs.

On the pair level you can define exceptions for parts of a strategy. You could for example use a higher TRADING_LIMIT on a pair that you see particular potential in. The following example does just that.

"BTC-ADA": {
	"strategy": "stepgain",
	"enabled": true,
	"override": {
                "TRADING_LIMIT": 9000.00,
                 }

This example shows how the override looks in the config file. Overrides can also be added easily with the GUI.

Strategy naming

You can create multiple variants of the same strategy, and give them an own name.

For example, you could save a second stepgain strategy under a different name - just make sure the BUY_METHOD and SELL_METHOD parameters matches one of the availabe strategies listed on top of this page.

"Bullish-stepgain": {
	"BUY_METHOD": "stepgain",
	"SELL_METHOD": "stepgain",
	...
	}

The pair syntax to use this strategy would then look like:

"BTC-ADA": {
	"strategy": "Bullish-stepgain",
	"enabled": true,
	"override": {  },
	}

These examples show how this looks the config file. Creating strategies can be done easily with the GUI.

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