▫️Dashboard Functionality
Last updated
Last updated
Cryptocurrency Selection: You can choose which cryptocurrency to trade with, such as Bitcoin (BTC), Ethereum (ETH), and others.
Current Market Overview: It displays the current market price of the selected cryptocurrency, Bitcoin in this case, along with the performance over a selected time frame (1D, 1M, 3M, etc.).
Exchange: This selects the cryptocurrency exchange on which the GRID Bot will operate, in this case, Binance.
Currency: Indicates the trading pair you're setting the bot to work with, using USDT to trade.
Minimum Investment | Price Range (USDT): The minimum amount in USDT you are willing to invest with the bot.
Maximum Investment | Price Range (USDT): The maximum amount in USDT you are willing to invest or the price range within which the bot will operate.
GRID Type:
Classic: A standard grid trading strategy that places symmetric buy and sell orders at intervals within a price range.
Hedge GRID: Could allow for hedging strategies, likely placing counter-trades to hedge your investment.
GRID Size:
Interval: The price difference between each grid level where buy and sell orders will be placed.
Infinite: This may allow the grid to function without a set upper limit, continually placing new orders as the price moves outside the initial range.
Profit Target: This percentage determines the profit target for the bot to achieve before taking action, such as closing the position.