16 Best Crypto Trading Bots for Automated Trading

trading bots

Stepgridhybrid has more customization and options than regular stepgrid. Another important feature is the pair selection built into the trend monitor. Gunbot constantly evaluates active trading pairs and replaces the worst performers with better ones it automatically detects on the market.

What are gunbot trading strategies?

Trading methods​ 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 main logic for buy and sell orders.

They have a simple tutorial in their mobile app which helps traders create their first bot and start trading. This is a platform that enables you to make automated trading in crypto and save time. There are no coding skills required to use this platform, and you can create and control trading robots to trade with your strategies. Some traders notice that by the time they have done all the necessary things needed to use a bot, they no longer need the services. However, if you want to automate your trades and become more efficient, here are some bots you can use with their supported exchanges.

s mentioned in the list below are pre calculated using the indicator settings in your Gunbot strategy. Some indicators don’t have configurable strategy parameters and just use the generally accepted standard inputs for the indicator. Calling this method leads to significant additional API usage, because candle data in 15m, 1h and 4h timeframes gets requested.


These include okGunbot, Gunthy, Beaxy, and Txbit, which can be used for free. The technique aims to make more profit even when the market realities are unfriendly. When using Reversal Trading on Gunbot, the bot keeps on trading profitably when an asset’s price reduces after it has been purchased. All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed.

All of Gunbot’s spot and futures trading strategies are available to traders. The primary features included in the bundle are Plug & Play and Auto Config. You can trade as many trading pairs as you want at once, such as USD-BTC and BTC-LTC. Run the Gunbot trading core to get your trading done, then start relaxing while the bot handles the trading. Telegram notifications are available for the trades that Gunbot made. You can concentrate your time improving your general approach to boost your trading profits rather than manually setting orders.

Pros and cons of using a bot

A software program capable of trading cryptocurrencies on cryptocurrency exchanges on a users behalf. Sl stands for stop loss, in this case it’s only used to take small losses on assets bought near the top of a low timeframe trading range. This is to reduce the negative effect such high buy orders have on future DCA performance. It will only stop loss positions up to 3x the size of a single grid buy. Are you new to Gunbot and feeling overwhelmed by all the options out there? That’s why I’m excited to share a simple yet effective strategy preset with you today.

Using over 150 different parameters, you can customize every strategy to your trading style. You can use industry standard indicators to analyse the markets for specific conditions to trade on. Choose between anything from the ADX, RSI, Stochastic, StochRSI, MFI, Moving Averages and more. Look for buying market conditions where price is above the 14-day EMA but there is a pull-back with the Stochastic crossing below 20. You then choose the instruments that you would like Gunbot to trade. There isn’t any limit on the number of pairs that you can trade.

So, what can you expect from this preset for the stepgridscalp strategy? First and foremost, it’s a bot that’s designed to take small profits frequently. Keep in mind that “small” is relative and will depend on current market volatility. The “Never Buy Above” option can be used make sure that buy orders are always placed at lower rates than the last sell order. This prevents your trading strategy from repeatedly buying during a period where prices keep moving up — before eventually dropping again.

gunbot strategies

A single gunbot strategies style can be used for all crypto pair systems. Buy and sell methods, which specify when the bot is permitted to place orders, are the essential elements of a strategy. One or more trading pairs may be assigned different strategies. However, the platform has notable downsides, including its complicated interface that can make navigation somewhat challenging. As the crypto market gains more attention, traders now find it easier to work with bots to enhance their trading strategy.

https://www.beaxy.com/ Trailing StopGunbot shows visual targets using the TradingView charting library. This means that the targets of a trading strategy are clearly visualized. Users can therefore easily tune their strategies without even having to leave the chart.

Gunbot is a cryptocurrency trading robot tool for Binance and many more crypto exchanges. Hodlbot is one of the best cryptocurrency trading bots that help you to manage your trades with a user-friendly dashboard. With this software, you can create a portfolio of more than 350 coins and easily customize your portfolio according to your need. This bot allows you to rebalance your portfolio easily, and the price starts from $3 a month. One of the biggest advantages of Mizar is that it is an all-in-one platform for cryptocurrency trading.

It allows users to build up low-risk strategies and execute orders across multiple crypto exchanges, markets (spot & futures), and pairs from a user-friendly interface. Coinrule has the broadest range of preset trading strategies, making it one of the most popular bots available. It allows users to customize investing with more than 150 trading templates automatically executed when market conditions meet already defined parameters. Coinrule regularly introduces new templates to its platform, from long-term holding strategies, and stop-loss settings to accumulation. To achieve the best trades means that crypto traders need to be awake throughout the day and be ready to trade at any hour. Again, with the slowdowns in some trading exchanges and transaction times, some traders might miss certain profitable trades.


Gunbot Custom JS trading strategiesCustom strategies can be easily deployed on any of the many crypto exchanges that Gunbot supports. The software makes the required market data and trading methods available to be used within your strategy. It allows users to customize and automate trading strategies on crypto exchanges. Many years of experience with the cryptocurrency product allowed to achieve highly automated bot functions. Putting a fixed percentage of profit into losses to get rid of negative bids. Profit calculation GMT algorithm displays real profit based on equity and open positions.

  • Users can reach the team via email support tickets to help them navigate the app or solve whatever issue they may have when using the app.
  • It can also be used to send alerts based on Gunbot strategies, to be executed by Gunbot with the TradingView add-on.
  • Perhaps you are closer to making a decision if it is something that you would like to start using.
  • You do not need to use any complex syntax when creating a custom crypto bot.

It tracks the markets movements for traders and helps you know the right time for entry and exit. This bot encrypts your data using SHA 256 and helps you conduct marketing indexes in fewer efforts. Furthermore, it supports a majority of the cryptocurrency exchanges available today. Also, due to its volatility, traders need to ensure that they don’t miss out on important trades.

  • You may incorporate numerous trading algorithms and technical indicators into your bots thanks to the TradingView integration.
  • When selling, The Bid price must be equal or higher than the “Exit Point.
  • It is often combined with another strategy that is used to buy but this can also be managed by the gain strategy.
  • This is an attempt to convert gunbot’s SG strategy into a proper TradingView strategy.

Instead, the trading bot executes buy and sell orders based on the preferred settings configured and ultimately carries out more efficient and profitable trades. Gunbot stepGrid StrategyIt’s DCA trading with dynamic targets used for buying and selling, depending on the underlying price action of any market that the strategy is applied to. Price trailing for all types of orders can be done fully automated. This is a cryptocurrency trading bot that helps you to backtest, deploy and make strategic trading decisions. Streak bot does not require coding skills, and it’s suitable for retail traders. This bot is a simplified trading tool based on an algorithm that helps traders to make systematic trades in cryptocurrency.

grid trading

Pionex is a crypto exchange with built-in trading bots, and you have access to 12 unique training bots at no extra fee. These trading bots allow you to automate your trading strategy, so you don’t need to monitor the market constantly. The extensive range of trading capabilities that WunderTrading provides sets it apart from its competitors. You may utilize the Trailing-stop and even Swing-trade functionality on the WunderTrading platform. You may also use advanced trading features such as Stop-loss and Take-profit to improve trading strategies.

Unleash your creativity and create your strategy with our 100% visual editor. Validate your strategies with instant backtests on more than 3 years of data and real-time simulations. We compared 4 cryptocurrency exchanges on which you can trade with TradeSanta with other exchanges in Top-10 by daily reported volume. There is a welcoming Gunbot community who are happy to support traders of all experience levels. It doesn’t matter of you are an expert programmer or looking to create your first automated crypto trading robot, everyone is welcome.

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You can use Gunbot on an exchange alongside manual trading strategies. You can even combine automated and manual trading to create a hybrid type trading system where artificial intelligence is assisted by the human eye. Gunbot is user-friendly, easy to set up, and has many different customizable strategies for every type of trader/risk profile. On their marketplace, you can even find free, profitable ‘plug & play’-strategies ready to go. Gunbot frequently hosts tournaments, thereby providing its users the opportunity to earn a little extra on the side. Their wide variety of DCA, Grid, Options, and HODL bots can handle long and short positions, options, and futures using any strategy you can dream up.

This is OK because Gunbot won’t trade all of them, don’t worry, that’s how the autoconfig controller is expected to behave. ATR is used to determine the auto step size; the default is setting is to use a 50-period ATR. Using lower values might cause the step size to swing too fast. On the USDT-BTC pair, a trading limit of 100 means that you want to invest $100 every time it creates a new buy order. Always make sure you’re trading limit value is higher than the Minimum Volume to Sell.

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