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Grid Trading Bot

The Grid trading bot is very much popular in Forex trading, here we are introducing it in cryptocurrency trading market.

The bot is nothing but a well sets of algorithm which will generate profit from using price fluctuations or market movements.

In Grid trading bot we have to set a higher limit price, lower limit price, numbers of grids and quantity per grid. after sets, these details apply 'create bot' and then 'start bot'.

The bot will generate a profit using price fluctuations between the upper limit and the lower limit price.

The bot will automatically buy the pre-set quantity at a lower price and will automatically sell the pre-set quantity at upper price and also buy pre-set define quantity that price.

For Example :

JACK has 1000 USD and want to use Grid bot in ETH/USDT pair. current ETH price is 200 USD so JACK set upper limits 300 USD, lower limit 100 USD, set numbers of Grids is 20 and set per Grid investment quantity of coin is 0.1666 ETH. So Grid bot algorithm follows below instruction and gets profit in market fluctuation moment.

SR No. Current ETH price (in USD) Condition BUY price SELL price Quantity Profit Condition
1 200 BUY 200 _ 0.1666 0 BOT start
2 210 SELL 200 210 0.1666 1.66 Order complete
210 BUY 210 _ 0.1666 0 BUY order
3 215 NA _ _ _ 0 No changebecause 215 is notgrids buy/sell price
4 220 SELL 210 220 0.1666 1.66 Order complete
220 BUY 220 _ 0.1666 0 BUY order
5 223 NA _ _ _ 0 No change because 223 is notgrids buy/sell price
6 210 BUY 210 _ 0,1666 0 BUY order
7 200 BUY 200 _ 0.1666 0 BUY order
8 210 SELL 200 210 0.1666 1.66 Order complete
210 BUY 210 _ 0.1666 0 BUY order
9 218 _ _ _ _ 0 No changebecause 218 is notgrids buy/sell price
10 220 SELL 210 220 0.1666 1.66 Order complete
220 BUY 220 _ 0.1666 0 BUY order