What is Grid Trading
Grid trading is a type of quantitative trading strategy. This trading bot automates buying and selling on spot/leverage tokens(ETF) trading. It is designed to place orders in the market at preset intervals within a configured price range.
Grid trading is when orders are placed above and below a set price, creating a grid of orders at incrementally increasing and decreasing prices. In this way, it constructs a trading grid.
Grid Trading performs the best in volatile markets when prices fluctuate within a specific range. Essentially, grid trading attempts to make profits on small price changes. Through quantitative trading, it helps you trade rationally and avoid FOMO where possible.
Risk warning:
The grid strategy is more suitable for the volatile market, and the following situations will bring certain losses to the user's assets:
- A unilateral uptrend. When a certain currency has a strong upward momentum, the grid strategy will execute a sell order, and users will short positions to go against the positive market. If the price exceeds the highest price of the range set by the user, the strategy will be suspended.
- One-sided downtrend. When a currency falls sharply, the grid strategy will execute a buy order, and users will suffer losses caused by the falling market. If the price exceeds the lowest price of the range set by the user, the strategy will be suspended.
Reminders:
- Starting Grid with only USDT: the system will use 50% of the USDT invested to purchase BTC at market price, then start the strategy.
- Stop Loss(SL): when the latest market price reaches the Stop Loss price, the grid will stop working, cancel all orders, and sell the remaining BTC(position) at market price.
- Close the Grid trading manually: all orders will cancel and remaining BTC (position) will not be sold.
START NOW! Set your Spot Grid Trading strategy
Select Spot Trading 【BTC/USDT】, click the 【Grid】
AI Policy
AI Policy: The system will automatically recommend the grid bot parameters that are most suitable for the current market based on the backtest data of the past seven days.
If you are using a grid trading bot for the first time, it is recommended that you can use our AI strategy to help you formulate grid bot parameters. You only need to choose how much money to invest to create the grid trading bot.
Custom Policy:
Setting up your own trading strategy here!
Parameters meaning:
Lower Price: Bottom of the grid trading price range. The system will no longer execute orders when the market price is lower than the Lower Price.
Upper Price: Top of the grid trading price range. The system will no longer execute orders when the market price is higher than the Upper Price.
Number of Grids: Divide the interval upper limit price and interval lower limit price into corresponding shares. The greater the number, the lesser the profit per grid.
Arithmetic & Geometric mode
Arithmetic mode: each grid has an equal price difference(e.g. 1, 2, 3, 4...).
Geometric mode: each grid has an equal price difference ratio.Price range of each cell of the geometric grid is proportional (e.g. 1, 2, 4, 8...). The profits are fixed between each grid.
Advance Setting
Take Profit and Stop Loss (TP and SL)
You can use Stop Trigger to stop trading when the market price triggers the set prices:
Stop Loss(SL): when the latest market price reaches the Stop Loss price, the grid will stop working, and all holding positions will sell at the market price. SL should be less than the lower price, last price and trigger price
Take Profit(TP): when the latest market price reaches Take Profit price, the grid will stop working. SP should be higher than the upper price, last price and trigger price.
Invested Coin:Use the original BTC
You can choose to invest in single or dual crypto.
For example, if you chose to invest by BTC, the strategy will only use BTC from your Spot Wallet. If you choose to invest by BTC+USDT, the strategy will use both BTC and USDT from your Spot Wallet.
View grid transaction details
Select the grid for 【Processing】 or 【Completed】
Click the 【Details】 button on the bottom right
You can see the overall grid transaction status in 【Grid Details】, the current pending orders in 【Processing】, and the transaction orders in 【Completed】
Grid Profit: The realized profit of filled grid orders that are matched by one buy-order and one sell-order. The trading fees incurred during the strategy are already deducted in the Grid Profit.
Annualized yield: [(grid profit/investment)/(Lasting time/365)]*100%
Position Gain And Loss (USDT): The latest price of the base currency in the current trading pair - the opening price. This is the floating profit/loss of the grid trade caused by the rise or fall in the market price of the base currency.
This will be 0 once you stop grid operation.