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2% Sell Price - Printable Version

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2% Sell Price - Kris191 - 03-25-2018

Hi all,

Notice - I have no programming skills whats so ever!!!

I wanted to discuss the viability of the below startegy and if this is something that can be created for Gekko.

Could a simple process be built to buy when the price is 2-3% below the 50 day SMA or EMA or DEMA (dealers choice) and auto sell when it gains 3% on the original bought price? It would require a trailing stoploss so to be triggered at 1.5% gain to avoid missing out on a bull run. but then have it automatically sell when the price drops below 2% of the new buy price or the new moving average?

does this make sense and could it work?