What is DCA bot?

Strategy Explained The dollar cost averaging bot places the first buy order, and extra orders if the price goes into the opposite direction of the strategy chosen. For all the buy orders previously places only one take profit order is placed.

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What is Grid bot in Huobi?

The grid bot will set orders automatically at any time based on your settings . Risk Reminder: Grid trading is a tool to assist you with your trading and does not make any recommendations or guarantees with respect to any digital asset, product, or promotion on Huobi Global.

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How do you trade in grid?

Grid trading involves placing buy and sell orders at set intervals around a set price . The grid can be created to profit from trends or ranges. To profit from trends, place buy orders at intervals above the set price, and sell orders below the set price.

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What is Grid bot in 3Commas?

GRID bot divides the investment amount in the bot between the left and right side of the selected pair and sets up a limit buy and sell order grid within the channel . Once the price reaches a buy or sell line it will automatically perform the trade on your behalf.

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