IS THIS POSSIBLE?

[bitsnpcs]

Hi there wanted to ask if this is possible with GEKKO or could be when GEKKO PLUS arrives?

So lets say I have a tip of a coin worth a punt

lets say 

buy price is 0.100 

stop loss is 5%, 6% for example (can this be used or does it have to be a number) or 0.095

target 1 is 0.105  target 2 is 0.110  target 3 is 0.115 for example (can we set the strat to adjust up, in other words we have the target 1 price set and as soon as it hits then the stop loss will move up and the target price will adjust?

Thanks

[askmike]

Hi there wanted to ask if this is possible with GEKKO or could be when GEKKO PLUS arrives?

From what you can do inside strategies Gekko will be exactly the same as Gekko Plus. The latter is just a "hosted service" for people who don't want to install/run/manage gekko themselves and write their own strategies. All strategies inside Gekko Plus are normal strategies you can also write for Gekko.

stop loss is 5%, 6% for example (can this be used or does it have to be a number) or 0.095

Yes, you can specify a fixed number (notional) or a percentage already!

target 1 is 0.105 target 2 is 0.110 target 3 is 0.115 for example (can we set the strat to adjust up, in other words we have the target 1 price set and as soon as it hits then the stop loss will move up and the target price will adjust?

Not with the current trailingStoploss, you'd set it to say 5% and it would move up together with the price.

-------

It sounds like you are talking about pump and dumps:

Gekko isn't designed for the type of trading you would need for pump and dumps: it's designed for strategies that act once a minute or less instead of high speed pumps. I am no expert, but I think that in the dump part it's important that you sell straight away via market orders. Gekko doesn't do this. See this video for details: https://www.youtube.com/watch?v=r0yc1sonYvo

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