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Is Gekko a fully automatic trading bot? #201
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Is Gekko a fully automated trading bot?
No - not in the sense that you download it, turn it on and it will pull money out of the air for you.
Instead Gekko is a tool TA traders can use to automate certain trading strategies. Gekko has a number strategies which you can use right away or (with a little bit of Javascript) can combine to create your own trading methods.
If you don't know any of these indicators you should really ask yourself if you would trust them with your money. You can always run Gekko with the real trader disabled if you just want to play around, in this scenario Gekko will simulate trading and you can see whether certain methods are profitable or not. Besides that you can also simulate strategies in backtest mode.
Example of what Gekko is not:
(context)
If you understand this, open up the
config.js
file, configure the indicators accordingly and go to the bottom and change:to:
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