0
People bought
Profit
high
bots.stats.investment
130
bots.stats.bot_lifespan
30-90 days
Short Grid Futures Bot
The Percent Short Grid Bot is a specialized trading bot that operates by creating trades based on a pre-configured grid of orders. This bot is particularly effective on cryptocurrencies that tend to decline over time or during prolonged bear markets, such as during the "crypto winter."
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About Short Grid Futures Bot
Setup Guide
How to set up Percent Short Grid Bot:
- Select the cryptocurrency pair for bot operation.
- Define the size of the initial trade.
- Specify the coefficient for trade size adjustments.
- Set the grid step.
- Adjust the coefficient for grid step adjustments.
- Determine the number of averaging cycles.
- Set Take Profit and Stop Loss parameters.
- Define the distance to the first order.
How It Works
Grid Trading Strategy:
- Grid trading involves placing orders above and below a set price, creating a grid of orders at incrementally increasing and decreasing price levels. The strategy is designed to capitalize on the normal price volatility of an asset by placing buy and sell orders at regular intervals around a predefined base price.
- The idea behind grid trading is that as the price moves in a consistent direction, the position grows, allowing traders to benefit from the trend. As the price falls, more sell orders are triggered, increasing the short position. The position becomes larger and more profitable the further the price moves in that direction.
Futures Account Configuration
Automatic Futures Account Configuration
Upon launch, the bot adjusts your futures account settings for optimal performance:
- Asset Mode: Single Asset Mode
- Margin Type: Isolated Margin
- Leverage: 1x
- Position Mode (hedge regime): One-Way Mode
These settings align with the bot's strategy, ensuring efficient and secure trading.
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