FAQ for Pionex Infinity GRID Bot

More and more traders start creating Infinity Grids Bot on Pionex because of the good performance in the up-trend market situation.

Here are some tips for you to better understand how does the Infinity GRID Bot work!

Fundamental of the Infinity GRID Bot

1. When is the best situation to create an Infinity GRID Bot?

Infinity Grids Bot is the best choice in the uptrend market. When the market is in the uptrend or has the uptrend to pump, creating the Infinity Grids Bot is the best way comparing to GRID bot (A Typical Grid Trading Bot).

2. How does Infinity Grids Bot make profits?

Because Infinity Grids Bot has a good performance in an uptrend market, so Infinity Grids bot will make a good trending profit.

Total profit = Grid profit (realized profit) + Unrealized profit (trending profit)

Grid profit is made from market fluctuation, and the unrealized profit is from the up or down of the price itself.

3. Why does Infinity GRID Bot need a higher minimum investment than GRID Bot?

Because Infinity GRID Bot has “infinite” grid orders, which requires a higher minimum investment than Grid Trading Bot. So the algorithm needs more initial investment for an Infinity GRID Bot.

4. What the investment will be used to do? Just to place orders?

A part of the investment will be used to place orders and Bot will make the amount of this part assets remain the same value while the price keeps up or down. and the rest will be used to buy at the bottom.

The formula to calculate for different parts:

A(Investment) – X(To place orders)= {P1(the market price) – P2(the lowest price)}/P2*X

X:To place orders, A-X : Buy at the bottom if the price down.

5. Does Infinity GRID Bot fit all the market conditions?

We recommend to us the Infinity GRID Bot in an uptrend market condition. You’ll suffer from some unrealized losses during the bear market if you use this strategy.

6. What’s the difference between GRID Bot and Infinity GRID bot?

As the picture shows, there are several differences and you can check this link to learn more details: https://medium.com/@mario_40812/the-difference-between-grid-trading-and-infinity-grids-bot-fb3167eb92a2

7. What will happen when the price goes out of the lowest price range of the bot?

If the price drops through the lowest price limit of the bot, the buy-sell grid won’t run, and Bot is still running but no transaction as long as the price not go back above the lowest price.

SETUP for Infinity GRID Bot

1. What’s the meaning for each parameter?

  • Lowest Price: The bottom bound of your Infinity GRID Bot. It won’t execute any orders after the price drop below this level.
  • Profit per Grid: You can control the grid width by tweaking this parameter. A higher number means you’ll have more transactions.
  • Total Investment: The funds you’d like to invest in with Infinity GRID Bot.

2. What will happen after I cancel the bot?

After you decide to cancel the bot, it’ll cancel all the grid orders and stop running immediately. Your funds will remain with the same allocation at the moment it stops running, which means you might have some quote and base currency. You need to manually sell them to each other if you prefer to do that.

RIO Report

1. How can I check the status of my bot?

You can check your bot status by clicking the TRANSACTIONS button.

2. What’s the definition for each data in the report?

  • Total Invest refer to your principal investment.
  • Grid Profit: The profit made by the bot from each buy and sell orders (Fluctuation arbitrage).
  • Unrealized Profit: your total holding asset compare to the moment you created the bot.
    Unrealized Profit = (Current Price — Average Buy Price) * Amount of Coin
  • Total Profit = Grid Profit + Unrealized Profit.
  • Annualized Return = Realized Profit / Total investment / Grid lasting time(normalized into days) * 365 * 100%
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