Spot grid trading bots offer traders a systematic way to capitalize on market volatility. This guide explains how to manually configure your spot grid trading bot for optimal control and flexibility.
Step-by-Step Manual Setup
Define Trading Parameters:
- Enter upper and lower price limits for your desired trading range.
- Specify the number of grids within this range (determines buy/sell order sizes).
- Input investment amount and select cryptocurrency pair.
Grid Type Options:
- Arithmetic: Fixed price intervals between grids (e.g., every $20).
- Geometric: Percentage-based intervals from current price (wider spacing as price moves).
Generate Grid:
- Click Create after finalizing parameters.
- Manually customize all details as needed.
Set Risk Management:
- Add Take-Profit (TP) and Stop-Loss (SL) levels.
- TP automatically closes profitable positions.
- SL limits potential losses without constant monitoring.
Deploy Bot:
- Review trade details.
- Select Confirm to activate your spot grid trading bot.
Monitor Positions:
- Check open orders in the Bot tab.
- View pending orders and trade history.
- Click Stop to exit grid positions.
Parameter Editing Feature
Why Use This Feature?
- Adjust grid settings (price range/grid count) without restarting bots.
- Adapt to changing market conditions.
- Maintain consistent investment strategies.
Key Functionality:
- Real-time bot adjustments
- Automatic PNL reinvestment
- Flexible grid optimization
Limitations:
- Can't edit during STOP_DELAY_TRIGGER status.
- Requires sufficient quote asset balance.
- Market workflows excluded from current version.
How to Edit Parameters
- Navigate to Trade > Trading Bots.
- Select History for bot list access.
- Filter by All Bots > Spot Grid.
- Choose Edit on preferred bot.
- Select Parameter Editing from dropdown.
- Input new settings.
- Confirm changes with Verify.
👉 Discover advanced trading strategies
FAQs
Q: What's the advantage of manual spot grid setup?
A: It provides precise control over price ranges, grid density, and order sizes compared to preset strategies.
Q: How often should I adjust my grid parameters?
A: During high volatility periods or when asset prices move significantly beyond original ranges.
Q: Can I combine arithmetic and geometric grids?
A: No - each bot uses one grid type. However, you can run separate bots with different configurations.
Q: What happens if the price moves outside my grid range?
A: The bot stops trading until price re-enters your range or you adjust parameters.
Q: Is there a minimum investment for spot grid trading?
A: Requirements vary by exchange and cryptocurrency pair - check platform specifications.