GRID bot! :-)$

GRID. Automated Flat Strategy
Last week, we launched the first version of a new bot that makes profit in flat (sideways trend). The essence of his work comes down to organizing a grid of orders in a given range, hence the name GRID (from the English "Grid"). Over the 7 days of the test, the bot showed a good result - a profit of 3 to 7% on different coins. In this article, we will explain how this works.
GRID Boot Benefits (https://3commas.io/?c=facedook)
If the coin is somehow liquid, its value will not stand still. Price fluctuations provide an opportunity to earn: as soon as the price rises - to sell, as soon as the price drops - to buy. However, effective manual trading using such a strategy is expensive - you need to quickly place many orders. Therefore, we automated the described trading process and, in order to maximize profits, we analyzed historical data on coins and set up our artificial intelligence system to select the channel width for a given pair with the greatest possible accuracy.
Thus, our traders have the opportunity to make a profit with the GRID bot by spending a minimum of effort: just select the coin and the investment amount to start. The mode in which the bot sets the strategy itself is called “AI strategy”.
Of course, a cold car cannot feel the market, as an advanced trader can do this, so for cool guys we did a manual tuning mode. This mode is called “Manual strategy”. In it, each parameter of the algorithm can be adjusted to its own strategy.
How the GRID bot works in the “AI strategy” mode.
The bot estimates the coin volatility over the past 7 days and, on the basis of this, forms a channel for work, price extremes in which it will trade.
It splits the amount invested in the bot between the left and right sides of the selected pair and sets up a grid of limit buy and sell orders within the selected channel. Thus, as soon as the price reaches one of the lines above the current price, the bot will sell, taking profits. The price will go down - will buy. And so on, while the price will be in the channel.
How does the GRID bot in Manual mode
In manual mode, you can independently adjust the price range, the number of grids and the distance between them. This will allow you to improve the strategy with the appropriate knowledge. When working in the manual mode of the bot’s GRID, remember that the minimum distance between grids must be greater than the size of the commission multiplied by two (commission for sale and purchase) in order for the bot to trade in plus.
Where is the GRID bot in the 3Commas interface.
Top Questions
The GRID bot so far only works with Binance (including Margin) and Paper.
The minimum amount for working with the bot in the “AI strategy” mode is equal to the minimum available amount allowed on the exchange multiplied by 20. For USDT on Binance, the limit is $ 10. Accordingly, a minimum of $ 200 is required. For ETH - 0.2 (the limit is 0.01 ETH).
The minimum amount for working with the bot in the “Manual strategy” mode depends on the number of grids. Just multiply the value by the coin exchange limit.
To trade with the GRID bot, you need a PRO subscription.
Run GRID bot
Now the bot is in beta testing mode. We are actively working to improve it and will soon add trailing, stop loss, new exchanges and other features. Wait for the next releases. We wish you a successful trading! https://3commas.io/?c=facedook