If the grid bot is outside of the price range, is it better to wait or stop then create a new bot?

Most of the user will stop the bot after it reach its upper price most of the time because it has already fullfill their trading plan

Letting it run will works for long run, because it will average down back your buying price from upper when the price goes back down. You can choose which one suits your trading strategy better

Answer

Setting a grid bots lower and upper range is usually based on your analysis and major trend of the market if the price excees your upper range and there is no chance of price returning to the range again its best to close bot , re analyze and set up your new bot. however if there is a chance of price returning to your range its best to hold and let the bot buy and sell

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