Trading Logic
nuxBot executes the strategy you provide. For example, if you instruct nuxBot to buy when the price is below 16 EMA and 30 RSI, it will attempt to do so. You define the strategy, and nuxBot follows it.
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 are met and sell everything when the sell criteria are met. However, there are exceptions, allowing for flexibility:
- DCA by Percentage: Buy more if the trade percentage is under a certain value.
- DCA by Bollinger Band: Buy more if the upper Bollinger Band goes below the price.
Changing Settings While 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.
Note
Make sure to save your settings to apply changes immediately.