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EMAspread margin

boekenbox edited this page Mar 19, 2019 · 5 revisions

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EMAspread (margin)

This page describes how margin trading on Bitmex works with the EMAspread strategy. The triggers for trades are slightly different than in the same strategy for regular trading.

Contents:

  1. How to work with this strategy
  2. Strategy parameters
  3. Margin settings
  4. Buy settings
  5. Sell settings
  6. Balance settings
  7. Indicator settings
  8. Dollar cost avg settings
  9. Reversal trading settings
  10. TrailMe settings
  11. Misc settings
  12. Placeholders

How to work with this strategy

The expected behavior for margin trading with Gunbot is that it will open one position, either long or short, and close this position when the target is reached. When the stop is hit before profitably closing a trade, Gunbot will place a stop order at loss. After closing a position, Gunbot will again look to open a new long or short position. Gunbot will not add to existing open positions.

Please don't manually add to or reduce positions opened by Gunbot, unless you stop running Gunbot on this trading pair until you've closed this position.

Long / Buy

A long position is opened when fast EMA is below slow EMA and the spread decreases.

Short / Sell

A short position is opened when fast EMA is above slow EMA and the spread decreases.

Close

A position is closed when the desired ROE is reached.

Stop

A position is closed at loss when STOP_LIMIT is reached.

Strategy parameters

Following settings options are available for EMASPREAD and can be set in the strategy configurator of the GUI or the strategies section of the config.js file.

These settings are global and apply to all pairs running this strategy. When you want a specific parameter to be different for one or more pairs, use an override at the pair level.

Using the BUY_METHOD and SELL_METHOD parameters you can combine different methods for buying and selling. This strategy page assumes both BUY_METHOD and SELL_METHOD are set to EMASPREAD. Accepted values are all strategy names as listed here.

Margin settings

Margin settings control settings like leverage and the target for ROE. These parameters are relevant when using EMASPREAD as buy and/or sell method.

Parameter Default value Description
ROE
1 Values: numerical - represents a percentage.


This sets the target for closing a position. ROE is measured as a percentage from the opening rate of a position, leverage and fees are not taken into consideration.

LEVERAGE
0 Values: numerical – between 0 and 100


For margin trading only. Sets the leverage for opening any position. Setting 0 places the order with cross margin.

STOP_BUY
0 Values: numerical


For margin trading only. Places a market stop order for a long position, at the same time as the position is opened.

When set to 1 and a long order is opened at a price of 100, a stop market order will be placed at 99.

STOP_SELL
0 Values: numerical


For margin trading only. Places a market stop order for a short position, at the same time as the position is opened.

When set to 1 and a short order is opened at a price of 100, a stop market order will be placed at 101.

ROE_TRAILING
false Values: true or false.


Use this to enable tssl-style trailing for ROE.

ROE_LIMIT
1 Values: numerical – represent a percentage of ROE.


This sets the range for ROE trailing. Setting a range of 5% at a ROE target of 1 would set an initial range between 0.95 and 1.05. As long as ROE keeps increasing, the range moves along with ROE. As soon as ROE start decreasing, the lower range gets frozen. A close order is placed when ROE crosses the lower limit.

PRE_ORDER
false Values: true or false.


When set to true, limit orders will placed at a configurable rate beyond the best bid/ask price to get ahead of the order book.

PRE_ORDER_GAP
0 Values: numerical - represents a percentage.


Sets the gap between the best bid/ask price in the orderbook and the rate at which a limit order gets placed. Long orders are placed at ask + gap. Short orders are placed at bid - gap.

It is possible to use negative values, this will increase the chance of receiving maker fees.

Example when set to 1 and a buy signal occurs at an ask price of 100: a limit order gets placed at a rate of 101. When set to -1 and a buy signal occurs at an ask price of 100: a limit order gets placed at a rate of 99.

Buy settings

Buy settings are the primary trigger for opening long positions. These parameters control the execution of buy orders when using EMASPREAD as buy method.

Parameter Default value Description
BUY_ENABLED
true Values: true or false.


Set this to false to prevent Gunbot from placing buy orders. Affects all types of buy orders.

NBA
0 Values: numerical, represents a percentage


"Never Buy Above". Use this to only allow buy orders below the last sell rate. This sets minimum percentage difference between the last sell order and the next buy. The default setting of 0 disables this option.

When set to 1, Gunbot will only place a buy order when the strategy buy criteria meet and price is at least 1% below the last sell price.

Sell settings

Sell settings are the primary trigger for opening short positions. These parameters control the execution of sell orders when using EMASPREAD as sell method.

Parameter Default value Description
SELL_ENABLED
true Values: true or false.


Set this to false to prevent Gunbot from placing sell orders. Affects all types of sell orders.

Balance settings

Go to balance settings

Indicator settings

Relevant indicators for trading with EMASPREAD

These settings have a direct effect on trading with EMASPREAD.

Parameter Default value Description
PERIOD
15 Values: numerical– represents candlestick size in minutes.


This sets the candlestick period used for trading, this affects all indicators within the strategy. Only use supported values.

Setting a short period allows you to trade on shorter trends, but be aware that these will be noisier than longer periods.

EMA1
16 Values: numerical – represents a number of candlesticks.


Set this to the amount of candlesticks you want to use for your slow EMA. The closing price for each candle is used in the slow EMA calculation.

For example: when you set PERIOD to 5, and want to use 2h for slow EMA – you need to set EMA1 to 24 (24 * 5 mins).

EMA2
8 Values: numerical – represents a number of candlesticks.


Set this to the amount of candlesticks you want to use for your fast EMA. The closing price for each candle is used in the fast EMA calculation.

For example: when you set PERIOD to 5, and want to use 1h for fast EMA – you need to set EMA2 to 12 (12 * 5 mins).

EMAx
0.5 Values: numerical, represents a percentage.


Sets the minimum percentage difference between EMA1 and EMA2 for EMASPREAD.

When set to 1, the spread must reach at least 1% before EMASPREAD can trigger a buy or sell.

Confirming indicators + advanced indicator settings

Go to confirming indicators

Dollar cost avg settings

DCA is not intented to be used for margin trading.

Reversal trading settings

RT is not intented to be used for margin trading.

TrailMe settings

TrailMe is not intented to be used for margin trading.

Misc settings

Go to misc settings

Placeholders

The following parameters in config.js have no function for this strategy and act as placeholder.

Parameter Description
ATRX Placeholder.
ATR_PERIOD Placeholder.
BUYLVL1 Placeholder.
BUYLVL2 Placeholder.
BUYLVL3 Placeholder.
BUYLVL Placeholder.
BUY_LEVEL Placeholder.
BUY_RANGE Placeholder.
DISPLACEMENT Placeholder.
DOUBLE_CHECK_GAIN Placeholder.
EMASPREAD Placeholder.
FAST_SMA Placeholder.
GAIN Placeholder.
HIGH_BB Placeholder.
ICHIMOKU_PROTECTION Placeholder.
KIJUN_BUY Placeholder.
KIJUN_CLOSE Placeholder.
KIJUN_PERIOD Placeholder.
KIJUN_SELL Placeholder.
KIJUN_STOP Placeholder.
KUMO_BUY Placeholder.
KUMO_CLOSE Placeholder.
KUMO_SELL Placeholder.
KUMO_SENTIMENTS Placeholder.
KUMO_STOP Placeholder.
LONG_LEVEL Placeholder.
LOW_BB Placeholder.
MACD_LONG Placeholder.
MACD_SHORT Placeholder.
MACD_SIGNAL Placeholder.
MEAN_REVERSION Placeholder.
PP_BUY Placeholder.
PP_SELL Placeholder.
RENKO_ATR Placeholder.
RENKO_BRICK_SIZE Placeholder.
RENKO_PERIOD Placeholder.
SELLLVL1 Placeholder.
SELLLVL2 Placeholder.
SELLLVL3 Placeholder.
SELLLVL Placeholder.
SELL_RANGE Placeholder.
SENKOUSPAN_PERIOD Placeholder.
SHORT_LEVEL Placeholder.
SLOW_SMA Placeholder.
TAKE_BUY Placeholder.
TAKE_PROFIT Placeholder.
TBUY_RANGE Placeholder.
TENKAN_BUY Placeholder.
TENKAN_CLOSE Placeholder.
TENKAN_PERIOD Placeholder.
TENKAN_SELL Placeholder.
TENKAN_STOP Placeholder.
TP_PROFIT_ONLY Placeholder.
TP_RANGE Placeholder.
TSSL_TARGET_ONLY Placeholder.
USE_RENKO Placeholder.

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