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The stepGain strategy in Gunbot is a technical analysis-based trading strategy that uses exponential moving averages (EMAs) and the XTrend indicator to identify potential buying and selling opportunities in the market. The strategy is designed to take advantage of trend reversals by buying when an uptrend turns into a downtrend, and selling when a downtrend turns into an uptrend.
When the price reaches a set percentage below the lowest EMA, the strategy will start looking for a trend reversal. If a trend reversal is detected, Gunbot will enter a buy or sell position accordingly. Trends are calculated automatically by the XTrend indicator, which is visible in the logs.
The stepGain strategy in Gunbot is a more advanced trading strategy that can help you to take advantage of trend reversals and potentially generate profits. It is a good choice for traders who are familiar with EMAs and the XTrend indicator, and want to use them to trade cryptocurrencies.