This is an example of Gunbot trading with the ADX strategy. Gunbot is a multi platform crypto trading bot.
About this strategy This strategy is based on ADX , enabling Gunbot to buy when prices are moving up and ADX indicates a strong uptrend. Sell orders are placed when prices move down and a strong downtrend is measured.
Settings used This example uses the "pure" version of the ADX strategy, meaning both the buy method and sell method are set to use ADX . No additional confirming indicators are used. The following relevant settings were used, all other settings were set to the defaults:
PERIOD: 15
DI_PERIOD: 14
ADX_LEVEL: 50
Full disclosure I am the author the Gunbot wiki. This content is only meant as educational material to show an example of how Gunbot can be used, disclosing the full strategy settings used.
Disclaimer: While every effort has been made to ensure these simulations of Gunbot contain the same logic as Gunbot, they will not always buy or sell at the exact same time or prices as Gunbot (because of TradingView's inability to use ticker prices). This is close as you can get in TradingView to the real thing. Backtesting the past does NOT guarantee profit in the present or future.
Please don't use these exemplary settings without doing your own research. Results can vary depending on the chosen market and it's conditions.