Gunbot Strategy Overview — 1 Scalp
Gunbot Strategy Overview — One Scalp Gunbot strategy is a really simple but highly effective strategy scalp the market deciding when to enter Long or Short based on the Cross-up or Cross-down of the moving average of the last 99 candles.
Understanding Moving Average (MA and How is implemented in 1 Scalp
Moving average is a simple, technical analysis tool. Moving averages are usually calculated to identify the trend direction of a stock or to determine its support and resistance levels. It is a trend-following — or lagging — indicator because it is based on past prices.
The strategy in Gunbot Market Maker uses 99 ma candles to determine when to enter the market (Long or Short), it only will enter in cross-up or cross-down depending the trend of the market, to close the position it uses Roe scalper specific method to set a stop order below ROE stop reached to effectively close the position as well as all our Market Maker bot strategies it will allow to DCA your position to average your entry price but in fact a lot of times there’s no need to do so as MA99 is a strong confirmation of the trend especially in 1H period in crypto.
As usually if cross-up or cross-down with the volume of the ma99 happens means there pump or dump in the market.
You only need to take into consideration one thing 1 Scalp doesn’t control Max open contracts so configure accordingly to your risk ratio, wallet size, and TRADING_LIMIT.
