Gunbot Review 2024: Features & Strategies

RT is a Gunbot technique that allows you to keep trading profitably when prices move downwards in bearish market conditions after you have purchased an asset. 

This is done by using the already invested amount of base currency to accumulate more units of the quoted currency after prices have moved downwards. 

RT keeps accumulating until prices move up enough for the accumulated amount to be sold for an overall profit. 

RT is complex and is suitable for advanced traders who have a definitive plan. 

Beginners may find it difficult especially since it is difficult to understand and set up. Also, beginners will need a considerable amount of time to learn about the relevant techniques before committing their money to it. 

Trading Fees are accounted for in reversal trading. The invested amount is reserved for buying more units and requires funds to be locked for the trading pairs in Reversal Trading, Gunbot cannot use the funds for other pairs. 

In cases where the price recovers to the breakeven point before an RT_BUY could be made, the initial bag is bought back to continue normal trading. 

RT math is done based on your trading history. This means that if your last sell order was at a loss and not caused by the stop limit, RT will commence immediately if it is enabled and continue running until the RT cycle ends in profit.

If no profit is made it will keep running even when you disable Reversal trading. 

To prevent RT from running when you don’t want it to, ensure you have a profitable last sell order or set “Ignore Trades Before” at a time after your last sell order at a loss. You can delete the pairs before setting the “Ignore Trades Before” order. 

RT should be enabled before you start a trading pair, do not activate RT on existing bags that are already down a lot. 

Gunbot handles reversal trading in 3 different ways. 

The technique used is dependent on the made trading strategies used for a pair.

The following settings are available for Gunbot’s reversal trading:  

• RT Enabled: This setting enables RT when prices drop. RT will use the assets invested in your bag to accumulate more units until they can be sold for profit. 
• RT Gain: This defines the percentage drop after the initial buy or RT buy that will trigger an RT sell. To prevent unwanted buybacks, this should be set higher than the spread between bid and ask. 
• RT Buy Level: This setting defines the percentage the price of the asset has to drop after RT Sell to trigger RT Buy. 
• RT Sell Up: This determines the starting point for trailing up and RT Sell. This setting only works when TM_RT_SELL is enabled. 
• RT Buy-Up Level: The Buy-Up Level setting sets the price to place an RT Buy order above the last RT Sell order. This feature is disabled by the default value of 0. For this setting to work, the price must be lower than the break-even point. 
• Other Settings: Other available RT settings include RT Trend Enabled, RT Once, RT Once And Continue, RT Maxbag Protection, Trail Me RT, Trail Me RT Sell, Trail Me Buy Range, and Trail Me RT Sell Range.