nuxBot does what you tell it to do.
nuxBot does exactly what you tell it to do. nuxBot tries to execute the strategy you give it.
For example, if you tell nuxBot to buy when the price is below 16 EMA and 30 RSI, then it will try to do it.
So you choose what nuxBot should do and nuxBot does it for you.
The principle: buy once, sell once
A strategy consists of settings that tell nuxBot when to buy or sell.
Most strategies buy once when the buy criteria happens and sell everything when the sell criteria happens
Although this is usually the case, there are exceptions. This allows every trader with nuxBot a lot of flexibility:
- DCA by percentage (buy more if price falls x%)
- DCA by Bollinger Band (buy more if upper Bollinger Band goes below price)
Change setting while nuxBot is running
It’s not a problem if you change the settings while nuxBot is running or trading. These settings are applied directly when you save them.