Im grid bot, Say we set upper limit at $10, if the coin reaches $10 all coin holdings would be sold at this point in time, correct?

Is there benefit if we set the close price higher than the upper limit?

Answer

In a grid trading bot the upper range is the point at which you holding assets will be sold. hence when your trade reaches the upper limit of 10 it will have selling off your holding however if price returns to range it will keep buying and selling however if you put a close price higher it will close the trade .

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