emotionless

The Emotionless method is tuned and ready to use, even for novice traders! It’s meant to be a relatively safe method that buys the dip, and sells at a modest profit.

The specifics for how this trading method exactly works will not be disclosed.

Buy settings
Buy settings are the primary trigger for buy orders. These parameters control the execution of buy orders when using emotionless as buy method.

Buy enabled
Description
Values
Order types
Name
Set this to false to prevent AILidex from placing buy orders.

Buy Level
Description
Values
Order types
Name
This sets the target for buying at a percentage below the lowest EMA.

When you set this to 1, the target for buy orders is 1% below the currently lowest EMA. Due to trailing, it is possible AILidex will buy slightly higher than the target.

Sell settings
Sell settings are the primary trigger for sell orders. These parameters control the execution of sell orders when using emotionless as sell method.

Sell enabled
Description
Values
Order types
Name
Set this to false to prevent AILidex from placing sell orders.

Gain
Description
Values
Order types
Name
This sets the minimum target for selling. AILidex will sell once price reaches the set percentage above the break-even point. and HIGH_BB is reached.

If you want to have at least 2% profit per trade, set this to 2.

Indicator settings
Relevant indicators for trading with emotionless.

These settings have a direct effect on trading with emotionless.

Period
Description
Values
Order types
Name
This sets the candlestick period used for trading, this affects all indicators within the strategy.

Only use supported values. The trading settings editor suggests valid values for the selected exchange..

Setting a short period allows you to trade on shorter trends, but be aware that these will be noisier than longer periods.

Slow EMA
Description
Values
Order types
Name
Set this to the amount of candlesticks you want to use for your slow EMA. The closing price for each candle is used in the slow EMA calculation.

For example: when you set PERIOD to 5, and want to use 2h for slow EMA – you need to set EMA1 to 24 (24 * 5 mins).

Medium EMA
Description
Values
Order types
Name
Set this to the amount of candlesticks you want to use for your medium EMA. The closing price for each candle is used in the fast EMA calculation.

For example: when you set PERIOD to 5, and want to use 1h for medium EMA – you need to set EMA2 to 12 (12 * 5 mins).