how to setup a strategy on gekko trading bot

Gekko Trading Bot Review and Setup. Download Gekko Trading Bot

Gekko is afree and open sourcedannbsp;Bitcoin TA trading and backtesting political platform that connects to popular Bitcoin exchanges. It is written in javascript and runs alongdannbsp;nodejs.

How to starting line a Gekko bot

Download and unpack the archive GekkoBot.

Run the GekkoBot.exe file

The gist

Gekko is a instrument that makes it very easy to automate your personal trading strategies.

You arse either create your own trading scheme or beginning with the built-in example strategies. Once you own a strategy you can wont Gekko to automatically run it in a hardly a different ways:

Backtest: You can start a simulation of the scheme over a historical information period and Gekko will tell you what would have happened (which trades would have been performed as well as overall performance and risk prosody).
Paper trader: You tush run the strategy in realtime simulate trading (trade with fake money) to discove in realtime how profitable your strategy would have been.
Tradebot: You fire run the strategy in realtime and automatically execute orders based on the signals.

All the above modes stern be run from the user interface, this interface will show charts and performance/risk statistics.

Here is a television that explains Gekko's core concepts:

Strategies

Gekko comes with somedannbsp;good example strategiesdannbsp;(which apply a single indicator). But with some basic javascript you candannbsp;create your possess strategies. You can use over 130 indicators to create your clean prediction example (usingdannbsp;Talib's indicatorsdannbsp;operating theaterdannbsp;Tulip's indicators).Why don't you combine Bollinger Bands, CCI and MACD with a STOCHRSI indicator?

Automated Trading platform

Gekko nates watch the realtime markets, mechanically executing and evaluating your strategies in the litigate. Whilst doing this Gekko will store complete market information it sees, this makes it possible to later simulate trading strategies against historical data to see whether they would have been profitable (backtesting).

Geeko Trading Bot Review articl: Is it Worth a strain?

Gekko trading bot is an amazing way to automate all your cryptocurrency trading. You posterior easily minimize your losses and even make few extra bucks without having to sit in presence of your computer. You bum run the bot 24X7, by hosting it on a server without having to spend as well much money. With a great community of traders and developers, Gekko is one of the best trading bots that you can use right-wing right away.