It looks like this trading bot does not have the take profit feature.?

Which means if the bot buy on the very buttom the price will have to go back all the way up to sell the position. I do not understand why most robot works this way.

Answer

Grid Bot have “Release Profit” features which let you to take out the profit generated by the grid profit trades. Stop-Loss which let you to close the bot when it reach certain price to prevent further losses. And the third one is Take Profit, which let you stop the bot and take all the profit after it reach your destination target price.

Also in advance option, you can set up the 3 additional features for the grid bot, they are Trigger Price which lets you run the bot when the market price reach that trigger price.

get free trading bots now