What’s the “take profit” value here when I enter it? It seems to be an USDT value?

Lets say I invest 500$ in the grid trading bot, would I set a USDT value like 900$ for example? So that it will take profit at 900$ and close / stop the bot?

Answer

Take profit value is the price of the asset at which you would like to exit the trade. the take profit value isnt the usdt value you earn. so example you open a btc trade at $40 000 your take profit value could be 42 000$ etc . its just the price of the asset you want to exit

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