This strategy is available in:
The EMA spread strategy in Gunbot is a technical analysis-based trading strategy that uses exponential moving averages (EMAs) to identify potential buying and selling opportunities in the market. The strategy is designed to take advantage of the spread, or difference, between the fast and slow EMAs.
When the spread between the fast and slow EMA is decreasing, it indicates that the market is starting to move up and Gunbot will enter a buy position. When the spread starts to increase again, it indicates that the market is starting to move down and Gunbot will enter a sell position.
The strategy uses the EMA to smooth out price data and make it easier to identify trends in the market. The EMA gives more weight to recent price data, which can help to identify changes in the market more quickly than other types of moving averages.
Overall, the EMA spread strategy is a simple but effective way to use technical analysis to trade cryptocurrencies with Gunbot.