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Create a Grid Bot

Applies to: Traders with Bot Trading access

This guide provides step-by-step instructions for creating and activating Grid Trading Bots in the trading platform.

Prerequisites

Before You Start

  • Bot Trading Enabled: Feature must be activated for your account
  • Sufficient Balance: Adequate available trading capital
  • Market Understanding: Knowledge of grid trading strategies
  • Risk Assessment: Understanding of potential risks involved

Steps to Create a Grid Bot

1. Select Trading Instrument

  1. Log in to your Trading Platform
  2. Choose the financial instrument you want to trade
  3. Consider liquidity, volatility, and trading hours
  4. Verify spread and commission costs

2. Access Bot Trading Section

  1. Click the Bot Trading tab from the main navigation
  2. You will see the Grid Bot creation interface

Bot trading

3. Configure Price Range

Set Upper Price

  1. Enter the Upper Price (top of trading range)
  2. Based on technical resistance levels
  3. Consider recent price highs and volatility

Set Lower Price

  1. Enter the Lower Price (bottom of trading range)
  2. Based on technical support levels
  3. Consider recent price lows and safety margins

Price Range

4. Grid Configuration

Choose Number of Grids

  1. Select the Number of Grids (5-20 recommended for starters)
  2. More grids = more frequent trades but higher capital requirement
  3. Fewer grids = larger price movements between trades

Set Lot Size

  1. Enter Lot Size for Position
  2. Consider your account size and risk tolerance
  3. Ensure sufficient margin for all potential positions

Select Grid Type

  1. Choose between Arithmetic or Geometric grid
  2. Arithmetic: Equal price intervals (stable markets)
  3. Geometric: Equal price ratio intervals (volatile markets)

Grid configuration

5. Investment Settings

Enter Investment Amount

  1. Specify the Investment Amount
  2. The system shows Available Balance
  3. Note the Minimum Investment requirement may vary

Investment amount

6. Activate the Grid Bot

  1. Click Create Grid Trading Bot
  2. Confirm activation when prompted
  3. The bot will immediately begin operation

Create grid bot

Post-Activation Process

Visual Confirmation

  • Grid Display: Price levels shown on the trading chart
  • Order Placement: Limit orders appear at grid levels

Initial Operations

  • Order Execution: First orders placed immediately
  • Position Management: Bot manages open positions automatically
  • Performance Tracking: Real-time P/L calculation begins

Chart Indicators

  • Grid Lines: Visual representation of price levels
  • Buy Zones: Areas where buy orders are placed
  • Sell Zones: Areas where sell orders are placed
  • Current Price: Real-time market price indicator

Multiple Bot Strategy

Concurrent Bots

  • Create multiple bots in same account
  • Use different parameters and timeframes
  • Diversify trading strategies
  • Manage overall exposure across bots

Important Notes

Risk Considerations

  • Market can break out of price range unexpectedly
  • Sudvolatility can trigger multiple positions quickly
  • Overnight and weekend gaps can affect strategy
  • Monitor overall exposure regularly

Performance Factors

  • Grid density affects trade frequency
  • Price range width impacts profit potential
  • Lot size determines risk per trade
  • Market volatility affects strategy effectiveness