What i have conclude is that the trading bot buys half of investemt on trigger price and let the other half in pending buy positions till its lower range, and put sell orders till its higher range


Almost true, not exactly half.

Depend on your starting price how far it is to higher and lower price, also using arithmetic grid spacing or geometric

But the concept is true, it will place multiple order buy and sell below and above starting price, and will always try to buy low and sell 1 grid higher

get free trading bots now