If the price runs through all the buy orders they exit the trade with a profit. This could be done all at once or via a sell grid starting a target level. If the price action is choppy it could trigger buy orders above the set price and sell orders below the set price , resulting in a loss.
Read moreWhat does quantity per grid mean?
The price that bot will stop loss and cancel the bot. Grid quantity: There’s a limitation in the number of grid, you can’t set it below 2 and above 99. Quantity per Grid: The amount for each order in the bot .
Read moreHow does pionex Infinity bot work?
Infinite bot only has a lower limit, no upper limit. It keeps the investment into the asset at a constant price , e.g. if you buy 1000$ worth of BTC then the bot will keep it at 1000$ whether it goes up or down.30 Ağu 2021
Read moreWhat is infinity grid on pionex?
Infinity grid is one grid trading strategy thats best when you think the market is in a bull run has has a long way to go hence you dont want to put a cap on the price . the price range which is usually the lowest price makes the bot set a buy order which will be automatically triggered once price gets to that level.
Read moreWhat is classic grid trading?
Grid trading is a type of quantitative trading strategy . This trading bot automates buying and selling on spot trading. It is designed to place orders in the market at preset intervals within a configured price range.
Read moreWhat is grid in MT4?
What Is Draw Grid Indicator for MT4? Draw Grid is a simple indicator developed for MetaTrader 4 that allows you to create a grid of horizontal lines on the chart . The grid indicator doesn’t trade by itself as it is not an expert advisor. However, it can be useful to perform chart and price analysis.
Read moreWhat is grid system in forex?
Grid trading is when orders are placed above and below a set price , creating a grid of orders at incrementally increasing and decreasing prices. … For example, a forex trader could put buy orders every 15 pips above a set price, while also putting sell orders every 15 pips below that price.
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